Posted in Articles on Mar 23, 2021
The digital transformation and prevalence of online technology have created new work models; the workforce is becoming mobile and employees are becoming able to do their jobs from anywhere through digital means of communication. Such work models break the traditional rule of strict adherence and commitment to workplaces and provide more flexibility to employees. The global COVID-19 pandemic has fundamentally accelerated the widespread of these new work models.
Posted in Articles on Jan 18, 2021
In July 2015, a new law for electricity has been issued (Law no. 87 of 2015) to regulate all electricity activities with the aim of replacing the current single buyer model and establishing a fully competitive electricity market where electricity generation, transmission and distribution activities are fully unbundled
Posted in Articles on Oct 14, 2020
On the 1st of October 2020, the General Authority for Foreign Investment in Egypt (“GAFI”) issued important rules adopting new “points-based” system for the issuance of residence permits for foreign investors (for up to five continuous years).
Posted in Articles on Oct 14, 2020
Law No. 199/2020 was issued on 30 September 2020 to amend the stamp duty and the capital gain tax on sale of shares as well as the dividends tax. The law is effective as of the 1st of October 2020.
Posted in Articles on Oct 14, 2020
National Food Safety Authority (“NFSA”) issued on September 2020 its Decree No. 4/2020 regarding food additives accepted for use by the food industry (the “Regulations”)
Posted in Articles on Aug 19, 2020
A collective bargaining agreement (“CBA”) was concluded in Egypt last June between a group of companies including Schlumberger Logelco, Dowell Schlumberger ME, MI Overseas, WesternGeco and others (the “Companies”) and the Trade Union for Petroleum Employees from the other side.
Posted in Articles on Aug 19, 2020
A new law was on 13 August 2020 under no. 170/2020 deciding solidarity contribution obligation on private and public sector employees and managers to face the adverse economic consequences of pandemics and natural disasters including COVID-19 (the “Law”).
Posted in Articles on Jul 18, 2020
A new law No. 151 for 2020 is issued in Egypt on 15 July 2020 to regulate Personal Data Protection (the “Data Protection Law” or the “Law”). The Law is modeled to a large extent on the EU General Data Protection Regulation (GDPR).
Posted in Articles on Jun 17, 2020
In a ‘ground-breaking’ precedential decision, the Cairo Court of Appeal in Egypt ruled that it can review an arbitral award for fundamental errors of law that amount to a violation of public policy or equity and justice notions.
Posted in Articles on Mar 02, 2020