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  • Article

    New GAFI Decree Expediting Corporate Procedures

    On August 8, 2023, the General Authority for Investment and Free Zones ("GAFI") issued Decree No. 270 of 2023 (the "Decree"), which expedites corporate procedures by reducing the number...
    EgyptCorporate/Commercial Law
    Soliman, Hashish & Partners
    Soliman, Hashish & Partners
  • Article

    FRA Decree On Pricing Insurance Policies

    On September 18, 2023, the Egyptian Financial Regulatory Authority (the "FRA") issued Decree No. 152 of 2023 (the "Decree"), on the requirements of insurance companies...
    EgyptInsurance
    Soliman, Hashish & Partners
    Soliman, Hashish & Partners
  • Article

    Lexis Middle East – Construction 2021

    We are delighted to share our responses to the most important 25 legal questions concerning the construction industry in Egypt.
    EgyptReal Estate and Construction
    Soliman, Hashish & Partners
    Soliman, Hashish & Partners
  • Article

    FRA Decree Amendment On Disclosure Requirements Exemption

    On August 9, 2023, the Financial Regulatory Authority (the "FRA") issued Decree No. 167 of 2023 (the "Amendment"), whereas this Decree amended a provision of the FRA Decree No. 100 of 2020...
    EgyptCorporate/Commercial Law
    Soliman, Hashish & Partners
    Soliman, Hashish & Partners
  • Article

    New Decree Increasing Minimum Salary For Private Sector Employees And Annual Increment

    In light of the decision issued by the Supreme Council of Wages in October 2023, the Ministry of Planning and Economic Development...
    EgyptEmployment and HR
    Soliman, Hashish & Partners
    Soliman, Hashish & Partners
  • Article

    New Ministerial Decree On The Exemption Of Imports From Customs Tax

    On November 13, 2023, the Egyptian Prime Minister issued Ministerial Decree No. 4283 of 2023 (the "Extension Decree") extending the validity and enforcement of Ministerial Decree No. 1801 of 2023...
    EgyptTax
    Soliman, Hashish & Partners
    Soliman, Hashish & Partners
  • Article

    FRA Decree On Listing And Delisting Rules Of Securities On The EGX

    On September 21, 2023, the Egyptian Financial Regulatory Authority (the "FRA") issued Decree No. 177 of 2023 (the "Decree") amending FRA Decree No. 11 of 2014 on listing...
    EgyptCorporate/Commercial Law
    Soliman, Hashish & Partners
    Soliman, Hashish & Partners
  • Article

    New FRA Decree Regarding The Establishment And Licensing Of Financial Technology Companies

    On January 2, 2024, the Financial Regulatory Authority ("FRA") issued Decree No. 286 of 2023 (the "Decree") regarding the rules and procedures for the establishment...
    EgyptFinance and Banking
    Soliman, Hashish & Partners
    Soliman, Hashish & Partners
  • Article

    New FRA Decrees On Licensing Brokerage Activity And Clearing And Settlement Of Future Contracts

    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...
    EgyptFinance and Banking
    Soliman, Hashish & Partners
    Soliman, Hashish & Partners
  • Article

    New Law Introducing Foreign Registration In The Importers' Registrar

    On October 29, 2023, Law No. 173 of 2023 (the "Amendment") was issued to amend the provisions of the Importers Registrar Law No. 121 of 1982 (the "Importers Registrar Law").
    EgyptInternational Law
    Soliman, Hashish & Partners
    Soliman, Hashish & Partners
  • Article

    First Ever Project Involving The Manufacturing Of Electric Buses In Egypt

    We are proud of being appointed as legal counsel to Foton Motor in the first ever project involving the manufacturing of electric buses in Egypt in collaboration with the Egyptian Ministry of Military Production.
    EgyptTransport
    Soliman, Hashish & Partners
    Soliman, Hashish & Partners
  • Article

    FRA Circular On The Protection Of Customers' Data Confidentiality In Non-Banking Financial Markets

    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...
    EgyptFinance and Banking
    Soliman, Hashish & Partners
    Soliman, Hashish & Partners
  • Article

    Establishment Of The Egyptian Authority For Intellectual Property

    On August 13, 2023, the President of the Arab Republic of Egypt issued Law No. 163 of 2023, (the "Law"), establishing the Egyptian Authority for Intellectual Property (the "EAIP")...
    EgyptIntellectual Property
    Soliman, Hashish & Partners
    Soliman, Hashish & Partners
  • Article

    Prime Minister Issues Decree Allowing Temporary Exit Of Tools And Machinery From Free Zone

    On March 25, 2024, the Prime Minister issued Decree No. 24 of 2024 introducing regulations governing the temporary exit of tools and machinery from the free zone to the country (the "Decree").
    EgyptInternational Law
    Soliman, Hashish & Partners
    Soliman, Hashish & Partners
  • Article

    Egyptian Competition Authority Reports Violation Against Egyptian Telecommunication Company For Abuse Of Dominant Position

    On March 9, 2024, the Egyptian Competition Authority (ECA) announced that it registered a violation against one of Egypt's telecommunications companies for abusing its dominant position...
    EgyptAntitrust/Competition Law
    Soliman, Hashish & Partners
    Soliman, Hashish & Partners
  • Article

    Holding General Shareholders Meeting Through Electronic Means

    Finally, the General Authority for Free Zone and Investment ("GAFI") issued today a new regulation under No. 160, whereby the General Shareholders Meetings in Egyptian Joint Stock Companies and Limited Liability Companies...
    EgyptCorporate/Commercial Law
    Soliman, Hashish & Partners
    Soliman, Hashish & Partners
  • Article

    New Decrees Regarding Commodities Deemed Strategic Products And Controls On Trading

    In light of the Egyptian Government's endeavors to control markets and commodity prices, on December 30, 2023, the Egyptian Prime Minister issued Decree No. 5000 of 2023 (the "Decree")...
    EgyptInternational Law
    Soliman, Hashish & Partners
    Soliman, Hashish & Partners
  • Article

    New FRA Decrees On Insurance Brokerage Activities And Policyholders' Meetings

    On November 1, 2023, the Financial Regulatory Authority ("FRA") issued two decrees, Decree No. 215 of 2023, amending FRA Decree No. 23 of 2014 regarding the rules governing engaging...
    EgyptInsurance
    Soliman, Hashish & Partners
    Soliman, Hashish & Partners
  • Article

    New Amendment To The Consumer Protection Law

    On April 5, 2024, Law No. 20 of 2024 (the "Law") was passed and published in the Official Gazette, adopting new amendments to the Consumer Protection Law No. 181 of 2018 (the "CPL").
    EgyptConsumer Protection
    Soliman, Hashish & Partners
    Soliman, Hashish & Partners
  • Article

    Decrees On New Conditions For Foreign Residency In 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").
    EgyptFinance and Banking
    Soliman, Hashish & Partners
    Soliman, Hashish & Partners

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