On 18 August 2018, the Official Gazette published Law No. 177 of 2018 which establishes the Egypt Sovereign Wealth Fund (“ESWF”) with an authorized capital of EGP 200 billion, after t

A Ministry of Finance decision dated 14 October 2019 (the “Decision”)[1] was issued containing the rules and procedures for the application of Article (58)

On 28 August 2019, Cabinet Decree No. 25 of 2019 (the “Decree”)[1] was published in the Official Gazette, detailing the regulations pertaining to one parti

In Egypt, Capital Market Law No. 95 of 1992 regulates investment funds, one of the main pillars of the Egyptian capital market. Investment funds are used worldwide to accumulate investors’ cap

In line with the special focus the Egyptian Financial Supervisory Authority ("EFSA") has been giving to funds in Egypt, EFSA has issued another Board of Directors' decision regulating

The Prime Minister has issued a decree amending the procedures for challenging the decisions of the Egyptian Financial Supervisory Authority ("EFSA") on mortgage finance (the "Dec