In September 2022, the Egyptian Prime Minister issued Decree No. 3218 (hereinafter referred to as the “Decree”), which reformed the powers of state-owned companies and government entities to terminate contracts containing an international arbitration clause.  To begin with, Egyptian law had previously established the Supreme Authority for Arbitration and International Disputes, (hereinafter referred to as …

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A new law aims to facilitate and speed up the registration process  The registration of real estate is necessary from the outset in order to ensure the validity of the title to the property and to ensure its enforceability against third parties1. However, according to the Minister of Justice of Egypt, more than 90% of …

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1. Basic regulations on the acquisition of real estate in Egypt  The transfer of ownership of real estate is not uniformly regulated in Egypt.  a) The acquisition of real estate in the urban area of Cairo  In older districts, such as Maadi, Downtown or Zamalek, a buyer – after concluding the purchase contract – also …

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On December 31, 2021, the Kingdom of Saudi Arabia issued a decree providing for the country’s accession to the Hague Convention Abolishing the Requirement of Legalisation for Foreign Public Documents, the Apostille Convention, or the Apostille Treaty. In the coming months, Saudi Arabia will join the Apostille Convention. The Apostille Convention will replace the traditional and cumbersome legalization …

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