The Egyptian General Authority For Investment (GAFI) has released a new guide detailing the legislative framework for protecting minority shareholders in Egyptian companies. Key points include:

• General Meetings: Minority shareholders can attend, access documents, and vote, with cumulative voting allowing for increased influence.

• Board Accountability: Measures ensure BoD members are accountable, with restrictions on conflicts of interest and self-benefit.

• GAFI Oversight: GAFI can intervene to protect minority shareholders and suspend harmful decisions.

• Dispute Resolution: The Investors Disputes Settlement Center offers mediation for resolving disputes quickly and cost-effectively.

Read the full guide here.