Due to the political climate, Egypt has faced a number of economic challenges. While the uprisings have brought the country out of stagnation, they have also interrupted commerce, which had led to a prolonged closure of the stock market as well as a drop in some of the country’s main industries, such as tourism.
This chapter introduces the reader to the different aspects of the legal system in Egypt, in partnership with Helmy, Hamza & Partners. It also contains a viewpoint with Mohamad Talaat, Managing Partner, Helmy, Hamza & Partners.
As Egypt is the most-populous Arab nation and third-most populous in Africa, population pressure is driving the nation’s economic agenda, with an estimated 3.5m young Egyptians entering the labour force by 2023. Recent years have seen an array of public initiatives aimed at encouraging private sector activity, but these remain hampered by a challenging economic backdrop and structural hurdles.
Fulfilling its commitment to simplify business licences in order to foster investment, in June 2018 the government issued Regulation No. 24 on Electronic Integrated Business Licensing Services (GR 24). GR 24 follows the 2017 Regulation No. 91 on Acceleration of Doing Business. Referred to as the online single submission (OSS) system, it...
Indonesia has been identified as one of Asia’s upcoming economies for quite some time. The political reforms of 1998 and the legislation of economic policies and business incentives that followed have brought us closer to that expectation, and the current administration has aimed to go further by bolstering foreign direct investment (FDI). In...
This chapter examines the legal system of Indonesia, focusing on the issuance of Regulation No. 24 on Electronic Integrated Business Licensing Services. Under this regulation, a single online submission system was created to streamline the licensing process, combining licences for various regional and national institutions across a range of business sectors under one electronic system, and...
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