193 results found

On August 9, 2023, the Financial Regulatory Authority (the "FRA") issued Decree No. 165 of 2023 ("Amendment No. 1"), amending FRA Decree No. 9 of 2021...

The North African powerhouse offered one of the clearest country case studies of how fintech, AI, telecoms and cloud services are beginning to reinforce one another. Klivvr launched an interactive AI-powered assistant for fintech users, making AI visible at the consumer financial services level.

This document provides the translation of Law No. 176 of 2018, the cornerstone legislation regulating Financial Leasing and Factoring in Egypt.

On October 12, 2023, the Egyptian Financial Regulatory Authority ("FRA") issued Circular No. 4 of 2023 to enhance the protection of the confidentiality of customers' data...

This translation of law No. 18 of 2020 provides a comprehensive overview of the legal framework governing consumer finance activities in Egypt, as issued by the House of Representatives and promulgated by the President of the Republic. The law establishes the regulatory foundation for companies operating in the consumer finance sector, defining key concepts, scope of application, and the roles of supervisory authorities.

This document presents the Translation of Law No. 141 of 2014, commonly referred to as the Micro Finance Law, which establishes the legal framework...

The Central Bank of Egypt has become the first central bank within COMESA to sign a cooperation agreement with the regional competition authority, establishing new protocols for merger review and competition enforcement in financial services. This development introduces significant procedural changes for businesses operating across multiple jurisdictions, potentially narrowing strategic gaps that previously existed between national and regional regulatory frameworks.

Valuation has never been an exact science. Forecasting revenues, margins, capital expenditures, and discount rates is always a mix of data and judgment. Traditional methods like discounted cash flow often rely on a single set of assumptions: a certain growth, a discount rate based on macroeconomic data whose expectations change from moment to moment.

The Consumer Protection Law, issued under Law No. 181 of 2018, serves as a cornerstone of consumer rights legislation in Egypt. It sets out a robust legal framework to safeguard consumers against unfair practices, unsafe products, and misleading advertising

This Translation of Law No. 5 of 2022 is provided to help English-speaking readers understand the main provisions, scope, and mechanisms of implementation of Law No. 5 of 2022, commonly known as the fintech in non-banking activitie law

A comprehensive amendment of the full tax law is expected next year, including more strict penalties for tax evasion.

This document presents the Translation of Law No. 194 of 2020, known as the Banking Law of Egypt.

On August 29, 2023, the Egyptian Prime Minister issued Decree No. 3326 of 2023 of 2023, which provides new conditions for residency permits in Egypt (the "Decree").

In order to battle such inflation, the US Federal Bank raised the interest rate on the U.S. Dollar on multiple instances, and the European Central Bank followed suit.

Andersen Global is comprised of more than 3,000 professionals and over 450 global Partners with a presence in over 105 locations through its member firms and collaborating firms.

The Translation of Law No. 115 of 2015 provides English-speaking readers with access to Egypt's key framework for taking security over movable assets. Law No. 115 of 2015...

On November 8th, 2023, the Board of Directors of the Financial Regulatory Authority (the "FRA") issued Resolution No. 245 of 2023 (the "Resolution") on the amendment of the Board of Directors...