Egypt

Although summer 2013 has seen increased political risk and uncertainty in the country’s broader macroeconomic environment, the positive financial results of Egypt’s banking sector over 2012 and into 2013 attest to its overall resilience. A process of regulatory reform, which began in 2004, underpins this solid performance, and continues to this day...

Small and medium-sized enterprises (SMEs) have occupied a prominent place in government policy since 2002, when the Ministry of Finance introduced a more favourable tax regime for the segment. Since then, further government initiatives have sought to diversify the economy and provide employment for a rapidly expanding population by enhancing SMEs’...

In the wake of the revolution, one of the biggest issues facing the real estate business in Egypt is the question of access to, and ownership of, land. The legal background surrounding title to land can be unclear, partly due to the country’s history, which has seen Ottoman legislation overlaid with European legal codes, and a tradition in which...

Egypt’s wind resources are some of the most comprehensively studied in the region. The coastline of the Gulf of Suez in particular was investigated in great detail between 1996 and 2003 in a joint effort by the Danish RISO laboratories and the Egyptian Meteorological Authority (EMA), the result of which was the Wind Atlas for the Gulf of Suez West...

In the following, we aim to shed some light on the more relevant laws applicable in Egypt. In this respect, we shall focus on the corporate, labour, investment, and property laws of the country.

Aided in part by the large domestic market, a spate of new industrial facilities, competitive labour costs and increasing urbanisation, the fundamentals of the Egyptian construction market look promising, although like many other sectors it has been suffering from a certain lack of confidence after the revolution of 2011.