Ayman Nour and Youssef Salam from our Egypt office wrote an article titled ‘A Step in the Right Direction - Draft Data Protection Law in Egypt’ in the June – July 2019 edition of Al Tamimi’s magazine, Law Update, heralding the approval by the Cabinet of a draft data protection law in Egypt.

Recent measures by the Central Bank of Egypt signal a shift in monetary policy toward supporting growth as inflation eases.

Egypt’s economic growth outlook remains favourable, but sustained reform implementation will be critical if the benefits are to trickle down to the average citizen.

Recent measures by the Central Bank of Egypt signal a shift in monetary policy toward supporting growth as inflation eases.

The last few years have witnessed a noticeable and tangible improvement in the business conditions in Egypt due to legislative and procedural overhauls that have made Egypt a competitive, emerging market.

In Egypt, the acquisition of the shares of a listed company is governed by the Capital Markets Law No. 95 of 1992 (the ‘CML’), and its Executive Regulations No. 139 of 1993, as amended (the ‘CML ER’), as well as the Egyptian Exchange Listing and Delisting Rules issued by the Financial Regulatory Authority (the ‘FRA’) Decree No. 11 of 2014, as amended (the ‘EGX Listing Rules’). The acquisition of the shares of a listed company is either...

The Egyptian Labour Law needs significant changes in order to keep up with existing practices and in order to avoid exacerbating negative effects on the employer, employee and the economy at large.

Our region and the world economy continue to face tumultuous times, starting with the recent rise in tensions between Iran and the US to the escalating conflict in Yemen and the raging trade war between the US and China. In spite of that, Egypt emerged from the conflict that seems to engulf the whole globe as a beacon of political stability, economic growth and social development.

Preparations are underway and the FIFA 2022 World Cup has all the ingredients to be a tremendous socio-cultural and sporting event. It will be the first World Cup held in the Middle East and the first to be hosted by an Arab country. In keeping with the scale and scope of the event, the business of sports will also be on showcase. This means that rights holders and organisers will need a reliable legal framework within which to market, promote...

Back-to-back clauses are a regular feature in, not only, construction but also general commercial agreements. Although, they may come in different variations tailored to specific contracts, a back-to-back clause is in broad terms, an agreement that a Sub-contractor will not be entitled to payment from a Main Contractor unless payment has been received by the ultimate client or Employer.