Highlights On 24 July 2024, the Egyptian Cabinet approved the launch of the Tourism Support Initiative (the “Initiative”), allocating EGP 50,000,000,000 (fifty billion Egyptian Pounds) to support the growth and development of Egypt’s tourism sector. The funding will target key tourism regions, including Luxor, Aswan, Greater Cairo, the Red Sea, and South Sinai. This Initiative is […]

Part 3: Legal Entities, Professions, and Activities Defining the Insurance Sector I. Insurance Pools Insurance companies subject to the provisions of the law no. 155 of 2024 (the “Law”) may establish one (1) or more insurance pools to manage a specific risk or operation in accordance with the statutes of each pool. A. Conditions for […]

We are pleased to announce that we have been shortlisted in the following categories for the Chambers and Partners Middle East Awards 2025: - Corporate / M&A Law Firm of the Year in Egypt - Litigation Law Firm of the Year in Egypt Heartfelt thanks to all our clients for their positive feedback; your trust […]

Part 2: Insurance Sector Activities and Companies, Their Related Services, and Regulatory Aspects in Egypt Overview Building upon the significant changes outlined in our previous publication, this article explores the comprehensive regulations established by law no. 155 of 2024 promulgating the Unified Insurance Law (the “Law”), which governs insurance and reinsurance activities in Egypt. This […]

We are pleased to announce the conclusion of our 4th Writing Competition, covering Real Estate Investment Trusts (REITs) in Egypt. It was a pleasure to host seven teams from universities, including Ain Shams University, Mansoura University, Cairo University, Assiut University, The German University in Cairo, Benha University, and Helwan University Cairo, as they presented their work. Congratulations to the top three […]

I. Introduction ADSERO was able to obtain the latest draft of the labour law, which is currently being presented and reviewed by the Prime Minister. This latest version includes the suggested revisions that have been concluded following several discussions during the social dialogue within the Parliament over the past months. The issuance of the new […]

Part 1: Overview of the Law Highlights On 9 July 2024, law no. 155 of 2024, which issues the Unified Insurance Law (the “Law”), was enacted. This landmark legislation represents a comprehensive overhaul of Egypt’s insurance regulatory framework by consolidating and codifying existing regulations into a single comprehensive legislation. As a result, several related laws […]

We are delighted to announce that ADSERO - Ragy Soliman has been included in the International Employment Lawyer (IEL) Elite Guide 2025, a prestigious guide to the world’s leading employment law practices. This recognition highlights our commitment to providing innovative and high-value legal advice to employers across the globe. A special thank you to our […]

We advised Sylndr Egypt, an Egyptian used-car online marketplace, on securing an EGP 370 million working capital facility from a group of lenders, which consisted of EFG Corp-Solutions — the leasing and factoring arm of EFG Holding — alongside EFG Holding’s commercial bank Bank NXT, and EGBANK. This transaction sets a new standard for scalable, […]

We advised Ezdehar Management (Ezdehar), an Egypt-based private equity firm, on the full acquisition of Zahran Market after purchasing the remaining 40% stake. This deal marks the completion of a two-year collaboration with the Zahran family, focusing on modernising operations and enhancing management systems, highlighting Ezdehar’s commitment to Egypt’s retail sector. Our team was led by Ragy Soliman, Managing Partner and […]

We are pleased to share our latest report highlighting the laws and decrees issued in the third quarter of 2024. To access the report, click on the attachment below. If you are interested in acquiring a copy of the legislation and keen on remaining up to date with the most recent laws and decrees, sign […]

We are pleased to share ADSERO’s contribution to the newly updated International Employment Lawyer’s Guide to Whistleblowing. As organisations navigate an evolving legislative landscape focused on accountability, this guide addresses key challenges in protecting individuals who report corporate misconduct. Contributed by Alia Monieb, Partner and Head of Employment; Nada Khaled, Managing Associate; Hoda Khira, Junior […]

Overview In the complex landscape of Egyptian business law, the concept of fully functional joint ventures (“JV”) plays a crucial role in determining the application of merger control regimes. This article explores the essential criteria for assessing fully functional JVs and their implications for businesses operating in Egypt. Understanding Fully Functional JVs A fully functional JV […]

We advised Telecom Egypt (TE) in the successful signing of a long-term EGP 18 billion syndicated loan facility aimed at financing the company’s operations through a syndication of 13 banks, led by CIB Egypt and Banque Misr as Initial Mandated Lead Arrangers and Bookrunners, along with the National Bank of Egypt (NBE) as Mandated Lead Arranger and Bookrunner. The syndication […]

We are pleased to announce ADSERO - Ragy Soliman & Partners' contribution to the Q3 edition of the Global Guide Quarterly (GGQ) published by Littler. Our insights, provided by Alia Monieb, Partner and Head of Employment, and Rawan Roshdy, Associate, highlight key developments in labour and employment (L&E) law in Egypt. The GGQ is a […]