Moving Towards a Cashless Society
Egypt is taking steady steps towards a cashless economy. Parallel to the Central Bank…
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The Supreme Committee for Advising on International Arbitration Cases
On 24 April 2019, the Prime Minister issued Decree No. 1062 of 2019 (the…
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GAFI’s New Valuations Regulations
The General Authority for Investment and Free Zones (“GAFI”) has recently published Decision No.…
Banking and Central Bank Draft Law
The much-anticipated Banking and Central Bank draft law (the “Draft Law”) has been approved…
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Changes to the Regulation of Unlisted Companies
The General Authority for Investment and Free Zones (“GAFI”) introduced new key regulatory changes…
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The CBE launches it’s first FinTech Regulatory Sandbox
In May 2019, the Central Bank of Egypt (the “CBE”) published the framework of…
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ECA’s Investigation of the On-Demand Delivery Market in Egypt
On 30 April 2019, Egyptians were surprised by the sudden exit of on-demand delivery…
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Uber and Careem: A Forced Pre-Merger Control?
On 24 March 2019, Uber announced the USD 3.1 billion acquisition of Careem, one…
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