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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I. What you should know about arbitration in the Middle East and North Africa: It is every entrepreneur’s nightmare when quarrels with a business partner end up in court. The risk of this happening is greater when there is a clash of very different business cultures, and even more so in a volatile economic and political …

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I. Change lies in trade  With 30.2 million km², around 1.3 billion inhabitants, and a total of 55 countries, Africa is the second largest continent in the world after Asia. Over 50 % of Africa’s population is under 20 years old1; by 2050, one in four new-borns is expected to come from Africa.2 The continent is …

Continue reading “The African Continental Free Trade Area (AfCFTA) – Game Changer for Egypt? “

Important tips and up-to-date information for foreign investors wishing to set up a company in Algeria.  A. Which legal form do I choose for my company in Algeria?  I. What legal forms are available for companies in Algeria?  There are essentially seven legal forms for companies in Algeria, which are similar to the constellations we …

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Essential information on the applicable law on termination of employment in the private sector in the UAE  Since 02.02.2022, the new UAE Labour Law (Law No. 33 of 2021) has been in force, which replaced the old Labour Law (Law No. 8 of 1980) after more than 40 years and has brought about far-reaching changes. …

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