Introduction With a change as major as a global pandemic hitting worldwide, an analysis of the latter’s effects on investments is due, with investments being highly sensitive to the smallest of changes. An analysis of the Covid19 impact on investments requires demonstrating the effect of Covid by sectors (I), by country (II), as well as […]

ADSERO takes pride in spreading legal knowledge among our legal community, as part of both our vision and mission to contribute in legal awareness. We highlight in this issue the most relevant Laws and Decrees issued during 2021 third quarter. You can acess the issue from the attachment below.     

MEDIATION DEFINITION Mediation is an alternative dispute resolution-ADR mechanism of great importance. According to Cairo Regional Centre for International Commercial Arbitration it refers to the method in which an impartial party assists the parties in reaching a negotiated settlement of their dispute. Though, parties have control over the decision to settle and the terms of any agreement. […]

ADSERO takes pride in encouraging and fostering the talents of young legal practitioners. We hope to do so by providing: guidance, educational support, and most of all, a platform for knowledge sharing. We proudly present an overview of agency and distribution arrangements for investors aiming to enter the local Egyptian market through third parties, prepared […]

Highlights The much-anticipated Customs Law Executive Regulations (“Customs ER”) was recently issued by the Ministry of Finance, furthering Egypt’s plans to unify and simplify the procedures relating to international trade, streamline customs release operations and procedures, and improve the customs tax refund process. The Customs ER also details the mandatory procedures and documents to be […]

The long-awaited decree regarding minimum wage has finally been issued. Decree No. 57/2021 was issued on the 13th of September 2021 by the Minister of Planning and Economic Development (the “Decree”), settling the question of determining the minimum wage for the private sector in Egypt. The Decree sets the minimum wage for the private sector at […]

We are pleased to announce the top 3 articles in the SCA Vs Evergreen matter. The articles attempt to offer a complete legal analysis of the matter and shed light on both the Egyptian and the international perspective. You can find the articles here.

Highlights A recent ministerial decree dated 11 July 2021 issued by the Minister of Finance is considered of great importance as it sets out new requirements related to the advertisement of goods and services as well as any other taxable activities, whereby these advertisements shall include the unified tax registration number of the concerned taxpayer. […]

HIGHLIGHTS The recently issued Resolution of the National Food Safety Authority’s (“NFSA”) board of directors is considered of great importance as it sets out the main food safety requirements whereby food establishments must be in strict compliance with during all phases of food trading. The Resolution further regulates the  obligations and liabilities of both food […]

ADSERO takes pride in spreading legal knowledge among our legal community, as part of both our vision and mission to contribute in legal awareness. We highlight in this issue the most relevant Laws and Decrees issued during 2021 second quarter. To get acess to our issue please follow this link 

Bribery in Egypt is governed by the provisions of the Egyptian Penal Code No. 58 of 1937 (the “Penal Code”), under Articles (103) to (111) provisions, which addresse bribery in both public and private sectors.   BRIBERY DEFINITION On one hand, the Penal Code prohibits “any public employee from requesting or accepting a promise, a benefit or […]

ADSERO - Ragy Soliman & Partners is pleased to announce that our team, led by Hossam Gramon, Partner and Head of Banking, acted as the local legal counsel to Trella, the fastest-growing digital freight marketplace in MENAP, in relation to the debt arrangement under its funding round, comprising USD 30 million new equity and USD […]

This article has been reposted by LexisNexism  which you can find it here:   With the growing number of user-generated data and expansion in social media and mobile applications, State legislative bodies gave particular attention to the protection of personal data shared on these fora: Different laws, and on top of them the European General […]

HIGHLIGHTS Minister of Justice Decrees No.3066 and 3067 of 2021 issued on 20th of May - hereby referred to them as “the Decrees”- finally come into light in order to regulate and organize the expertise assigning in litigation before Egyptian Economic Courts EEC. More precisely, the two decrees aim to adopt and apply new rules of law concerning the e-filing integrated […]

HIGHLIGHTS Ministerial Decree No. 286 of 2021 issued on the 3rd of June 2021, adopted “the long waited” Executive Regulations of the Unified Tax Procedures Law -hereby referred as ER-. This Law – the Unified Tax Procedures Law- No. 206 of 2020 has entered into force on the 20th of October 2020 and has firstly a clear vision toward building […]