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  • 中东北非商业视界 │ Issue No. 4

    Content Types: NewsletterRegions & Countries: United Arab EmiratesEgypt...Services: Legal
    欢迎来到Al Tamimi & Company第三期中文简报——《中东北非商业视界》。
  • Issuance of Law Establishing Egyptian Intellectual Property Authority

    Content Types: ArticleRegions & Countries: EgyptServices: LegalIntellectual Property
    As a part of the execution of the Egyptian National Strategy for Intellectual Property launched September of last year, the Egyptian Cabinet approved the draft law establishing the Egyptian Intellectual Property Authority (“EIPA”), and it was issued under Law no. (163) of 2023 (the “Law”) which was published in the Official Gazette on 6 August 2023.
  • ITIDA and 500 announce scale up programme in Egypt to support pre-Series A startups

    Content Types: ArticleRegions & Countries: EgyptIndustries: Infrastructure
    500 Global, one of the world’s most active multi-stage venture capital firms, and The Egyptian Information Technology Industry Development Agency (ITIDA), announced the launch of 500 Global first batch of the Scale Up program in Egypt. The Scale Up program is focused on providing strategies and experimentation methodologies to accelerate growth for Pre-Series A startups in Egypt.
  • Egypt: Registration mandatory for foreign factories and trademark-owning companies

    Content Types: ArticleRegions & Countries: EgyptIndustries: Commodities & Trade Services: Legal
    On the 17 of April 2022, the General Organization for Import and Export Control (GOEIC) announced the suspension of import activities of over 800 foreign companies and factories to Egypt for failing to register their companies in the importer’s registry in Egypt. Amongst the suspended companies are notable pharmaceutical, beverage, and consumer goods companies.
  • Egypt - Issuance of Law No. 8 of 2022 (the “Hotels and Tourism Establishments Law”)

    Content Types: ArticleRegions & Countries: EgyptIndustries: InsuranceServices: Legal
    On the 6th of March 2022, Law No. 8 of 2022 regulating the Hotels and Tourism Establishments (the “Law”) was issued nullifying its predecessor law No. 1 of 1973 and setting out the licensing and regulatory requirements for hotel and tourism establishments.
  • Legal Update: GPS Tracking for Touristic Vehicles in Egypt

    Content Types: ArticleRegions & Countries: EgyptIndustries: TourismServices: Legal
    Ministry of Tourism and Antiquities Decree no. 304 of 2021 provides that tourism companies that fall under category (A or C) are required to install tracking devices in their vehicles in accordance with the technical specifications within the framework plan set out by the competent general department of the Ministry of Tourism and Antiquities.
  • Legal Update: Egypt Allows establishment of SPACs to facilitate acquisitions

    Content Types: ArticleRegions & Countries: EgyptIndustries: Banking & FinanceServices: Legal
    On 31 October 2021, the board of Financial Regulatory Authority (“FRA”) issued Decree number 163 of 2021, which approved that the venture capital companies may be licensed to conduct establishment of Special Purposes Acquisition Companies (“SPACs”). The said decree indicates that the licensing requirements shall be determined through executive regulations to be issued by FRA.
  • IFN Roadshow Egypt

    Content Types: EventRegions & Countries: EgyptIndustries: Banking & Finance
    After years of struggling to launch, Egypt’s Sukuk market has finally taken off with the issuance of the country’s first corporate Sukuk in 2020. The Egyptian House of Representatives has also given its final approval for the draft Sovereign Sukuk Law, which outlines the terms for issuing sovereign Sukuk.
  • Legal Update: New Car Advertising Guidelines in Egypt

    Content Types: ArticleRegions & Countries: EgyptIndustries: AutomotiveServices: Legal
    The Decree stipulates that all automotive companies and showrooms in Egypt must display the cars’ prices in Arabic (along with any other language if desired), and that such announced prices must be inclusive of any applicable taxes.
  • MENA's investment and disinvestment balancing act

    Content Types: ArticleRegions & Countries: United Arab EmiratesEgypt...Industries: Banking & FinanceCommodities & Trade ...
    We invite you to read as we look beyond the pandemic with the updated issue of “MENA Post-COVID: Green Shoots & Recovery”.

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