Category: News Updates

We are pleased to share our contribution in the 2021 Edition of GAR’s Middle Eastern and African Arbitration Review. MBH’s partners, Amr A. Abbas and John F. Matouk, co-authored this year’s Egypt’s Chapter. The chapter outlines the main features of Egypt’s arbitration legal framework along

This legal update provides a recap on the on-going material regulatory changes affecting importation activities in Algeria, with a focus on the Algerian automobile dealer industry. Importation activities subject to the 49/51 rule In a move to boost investments, the Algerian Finance Law for 2020

Matouk Bassiouny is pleased to announce the appointment of Mr. Jirayr Habibian as the new Managing Partner of Matouk Bassiouny’s UAE office. Jirayr, one of the top lawyers in the fields of corporate finance, trade finance, M&A transactions and capital markets across multiple jurisdictions including

It was with pleasure that our Partner and Head of the Arbitration Department, Dr. Amr A. Abbas, participated in a panel of experts discussing Virtual Examination of Experts and Witnesses at the Time of COVID-19. Dr. Abbas discussed actual experience of MBH in conducting virtual

Members of the arbitration team of Matouk Bassiouny & Hennawy, namely Moamen Elwan, Mohamed Samy, Maha Zain, Aliaa Emara, Malak Elmeshawy and Mohammed A. El Sherif, participated as arbitrators in the AlexU-CRCICA Vis Pre-Moot.

Today, 20 January 2021, the Egyptian Gazette has published two decrees, no. 237 and 238 of 2020 (“New MoE Decrees”) issued by the Ministry of Education (“MoE”), removing the restriction of 20% cap on foreign ownership in companies owning private schools in Egypt. Our Egypt office, Matouk

MBI has been coordinating with Dubai Economy ("DED") as well as the Ministry of Economy ("MoE") to obtain updates regarding the required disclosures and submission procedures (“Disclosures”) of the Ultimate Beneficial Owner and/or nominee director/controller ("UBO").   We understand that these Disclosures for new entity

On 24 August 2020, the UAE Cabinet published Cabinet Decision no. 58/2020 on the Regulation of Procedures related to Real Beneficiaries (the “New Cabinet Decision”). The New Cabinet Decision requires companies licensed to carry on business in the UAE to maintain a Register of Partners

The new Egyptian Banking Law, No. 194 of 2020 (the “New Banking Law”) was promulgated on 15 September 2020 and entered into effect on 16 September 2020 with a grace period for compliance with its provisions of one to three years (as applicable) from said

Matouk Bassiouny & Hennawy (“MBH”) acted as sole counsel to Palm Hills Developments (“PHD”) and Taaleem Management Services Company (“Taaleem”) in its joint venture to build a private university in PHD’s flagship project Badya, situated in West Cairo. We are pleased to announce that the