We are pleased to announce that Matouk Bassiouny & Hennawy has successfully obtained a significant and enforceable court ruling from the Administrative Court at the Egyptian State Council, suspending the decision of the General Authority for Investment and Free Zones (GAFI) to invite the General Assembly of the Egyptian Resorts Company S.A.E. to meet for the election of a new Board of Directors.


The appeal was filed and adjudicated in less than one week from the date of filing, reflecting the efficiency and swift handling of the matter before the competent court.
This judgment represents an important precedent for companies listed on the Egyptian Exchange, particularly in relation to corporate governance and the regulatory framework governing General Assembly procedures.
The case was handled by Amr Ehab (Partner) and Doha Eldari (Senior Associate) from our Litigation Department.
We are proud to have successfully represented our client in securing this landmark ruling and contributing to the development of key legal principles impacting listed companies in Egypt.
For more about Matouk Bassiouny, visit matoukbassiouny.com.

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