Posted in News on Mar 23, 2020
Legal Updates
Posted in News on Mar 23, 2020
On 18 February 2020, the Egyptian Prime Minister issued Decree no. 6/2020 (the “Decree”) to grant expansions of existing projects in Egypt the same incentives as the newly established projects under the Egyptian Investment Law no. 71/2017 (the “Investment Law”).
Posted in News on Mar 18, 2020
We have been asked by a large number of companies and business owners in Egypt about the precautionary measures that can be taken inside their workplaces to contain the COVID-19 outbreak while ensuring the continuity of the work inside the company.
Posted in News on Mar 15, 2020
A new regulation was yesterday to require all companies in Egypt to disclose the ultimate beneficial owners who have actual ownership or control over the company. The regulation is issued by Ministerial Decree No. 41/2020 (“Decree”) amending the Executive Regulations of the Commercial Register Law No. 34/1976.
Posted in News on Mar 10, 2020
The Egyptian Financial Regulatory Authority issued Decision No. 1 for 2020 to amend the Rules of Listing and Delisting Securities at the Egyptian Stock Exchange issued in 2014 ("Listing Rules"). The amendment imposed new mandatory compliance requirements on companies listed at the Egyptian Stock Exchange.
Posted in News on Mar 08, 2020
A new social insurance law was issued in Egypt in August 2019 under the name of the Comprehensive Social Insurance Law No. 148/2019 (“New Law”) with an effective date in January 2020.
Posted in News on Dec 04, 2019
Legal Updates
Posted in News on Dec 04, 2019
R&R co-sponsor the ALB In-House Legal Summit on 22 October 2019 in Dubai. Our partner Dr. Fatma Salah presented a session titled “Compliance Challenges in Emerging Markets - the Role of General Counsel”. She gave her thoughts on the legal risks of doing business in emerging markets and the role of legal counsels in ensuring compliance.
Posted in Articles, News on Nov 26, 2019
partner, Dr. Eman Riad, published an article with Al-Borsa Newspaper regarding the transfer of undertakings and its consequences on the employees under the Egyptian Labor Law.
Posted in Articles, News on Nov 20, 2019
On 25 August 2019, Law No. 151 of 2019 was issued for the establishment and regulation of two new public authorities in the pharmaceutical sector, namely, the Egyptian Drug Authority ("EDA") and the Egyptian Authority for Unified Procurement, Medical Supply and Technology Management ("AUPP").