Highlights Law no.8 of 2022 (“Law”) depicting a new vision for Hotels and Tourist Establishments (“H.E” and “T.E”) on both development and regulatory grounds has entered into force a day following its publication on 09 March 2022. The Law included new requirements, procedures, and compliance periods to enhance and regulate activities carried out by H.E […]
ADSERO takes pride in spreading legal knowledge among our legal community as part of our vision and mission to contribute to legal awareness. Accordingly, we are pleased to share our recent report, titled “Legislation Updates - Q4”. This publication highlights the latest laws and decrees issued in Q4 of 2021. To access the fourth issue, […]
On 01 February 2022, the Consumer Protection Authority (the “CPA”) issued decree no. 1/4 of 2022 (the “Decree”) on the lifespan of the products, obliging producers, importers and suppliers to announce the products’ shelf life in a clear and readable manner. Furthermore, suppliers are obliged to provide maintenance services and spare parts centres for the […]
Recently, district cooling has become a trending topic in the Egyptian real estate market. Throughout this publication, we introduce its legal framework and licensing requirements. To access the article, click on the attachment below. If you have any questions, please do not hesitate to contact Malak Khalil and Malak El Alfi.
According to Article (3) of Law No. 1 of 2017, for a company to legally operate within the FMCG industry, it must first register its food facility with the Egyptian National Food Safety Authority. Our latest brief highlights the required documents for registration, the necessary steps to follow when registering and more. If you have any […]
Congratulations to our client Naqla, a trucking platform that links truck owners with cargo companies, on its pre-Series A funding round led by the Sallam Family, Elsewedy Capital and Hassan Allam Holding. The ADSERO team was led by Ragy Soliman, Partner and Head of M&A and Capital Markets practice, Ahmed Adib, Senior Associate and Hana Awad, Senior Associate. For more information, […]
Highlights The Law regulating and developing the use of financial technology (“FinTech”) in non-banking financial activities (the “Law”) has finally seen the light by its adoption and publication on 08 February 2022. The Law is a significant step in a long chain of modernization of the legislative infrastructure regulating the financial technology sector. This legislations chain, starting with […]
Highlights Legislation: Cabinet Decree no. 722 of 2022 issuing the Executive Regulations of the Waste Management Law no. 202 of 2020 (the “WM ER”) Issue date: 22 February 2022 Entry into force: 23 February 2022 Grace Period: One year from the date of entry into force Purpose: The WM ER introduces the implementation mechanism of the Waste Management Law no. 2022 of […]
Highlights On 06 February 2022, the board of directors of the Financial Regulatory Authority (“FRA”) issued decree no. 20 of 2022 (“Decree”) regarding standards and considerations of sensible pricing concerning the activities of (i) financing medium and small enterprises; and (ii) micro-financing. Scope of Application The standards and considerations outlined in the Decree apply to companies, […]
ADSERO - Ragy Soliman & Partners is proud to announce that we assisted SolarizEgypt in selling 74% of their portfolio to Amarenco Group and establishing a joint venture to co-develop 300MW of assets at an estimated budget of USD 255 million over the next four years. This acquisition and partnership will leverage both companies’ strong […]
We are proud to share our latest brief, highlighting the ‘different types of companies according to the Egyptian law.’ We provide an overview of the main differences between companies regulated by law no. 159 of 1981 and the key provisions. To access the brief, click on the attachment below.
ADSERO takes pride in encouraging and fostering the talents of young legal practitioners. We achieve so by providing guidance, educational support, and, most importantly, a knowledge-sharing platform. Therefore, we proudly present our latest student contribution titled "Women's Breakthrough in the Egyptian legal field," written by Malak Amer and Hind Yehia, law students at Cairo University. […]
Highlights Law and issue date: no. 67 of 2010 (the Law) issued on 18 May 2010, amends the participation of the private sector in infrastructure, services and public utilities projects. Amendment and delivery date: no. 153 of 2021 (the Amendment) was delivered on 18 December 2021 and is the first amendment to the Law. Purpose: The main amendments […]
*This client alert is merely a commentary on a draft law and may not be relied on in any manner whatsoever. Introduction Earlier this month, a new draft for the labour law was initially approved by the Senate and is expected to be issued soon, entirely replacing the current labour law no. 12 of 2003 […]
ADSERO takes pride in spreading legal knowledge among our legal community as part of our vision and mission to contribute to legal awareness. Accordingly, we are pleased to share the second issue of our most recent publications series, titled "FRA Decisions." The report highlights the critical decisions the Board of Directors (BoD) issued by the […]
