EGYPT – IFC, a member of the World Bank Group has partnered with ALEXBANK, an Egyptian private bank to provide financing to farmers to enable them transition to use of sustainable irrigation systems.

While the COVID-19 pandemic has not passed Egypt by, the country has managed to weather the storm relatively well. Egypt is set to be the only country in MENA to see its GDP remain in the positive territory at 3.5% growth, a figure most analysts did not forecast at the onset of troubles this year. This week, we analyse the repercussions of the pandemic on the state budget and overall fiscal position.

LuLu International Holdings (LIHL), one of the leading hypermarkets & supermarket chains in the Middle East has entered into a non-binding agreement with Abu Dhabi headquartered investment firm, ADQ to acquire US$1 billion for expansion in Egypt.

Egypt’s Personal Data Protection Law was passed on 13 July 2020 and published on 15 July 2020. It will come into force on 14 October 2020, and the Executive Regulations are expected by 14 April 2021.

Digital transformation: a step forward amid the exceptional circumstances ordained by the spread of the global pandemic COVID-19

Egyptian drugmaker Eva Pharma said it had reached a “landmark” deal with Gilead Sciences Inc to become a licensed manufacturer of the US company's antiviral treatment remdesivir for COVID-19 in 127 countries.

In this final update in the series, we look at legal and regulatory developments in Egypt, the Kingdom of Bahrain, the Kingdom of Saudi Arabia and Sultanate of Oman.

Intellectual Property Rights (‘IPR’) are, without a doubt, one of the most important assets of major companies and corporations. Not only are they important for the protection of a brand, but they are also important for the protection of the rights derived from the products developed and services promoted by corporations. This is clearly demonstrated by the huge legal battles that are initiated by Fortune 500 companies disputing ownership of...

Our regional theme this quarter analyses how Iran has been impacted by the re-imposition of sanctions, lower oil prices and coronavirus (COVID-19). We look at how the country’s relationships will change in the region and internationally, and highlight what we see as we look at beyond COVID-19 to determine risks and potential opportunities.

While Iraqi Prime Minister-designate Mohammad Allawi could get parliamentary approval on his proposed Cabinet, it is unlikely that it will be accepted by protesters, who have been calling for an overhaul of the current political structure since October 2019.