On 13 January 2026, the Government of Egypt (the “GoE”) proposed substantial amendments (the “Draft”) to the Egyptian Competition Law (the “ECL”) introducing a comprehensive overhaul of several aspects in the current regime to the Parliament in coordination with the Egyptian Competition Authority (“ECA”). The Draft expand the law to...
We are pleased to announce that Matouk Bassiouny & Hennawy (“MBH”) acted as legal advisor to Admaius Capital Partners and the founders of Parkville Holding B.V. and its subsidiaries, one of Egypt’s leading cosmeceutical businesses, in connection with the signing of definitive transaction documentation for the sale of a majority...
We are pleased to announce that Matouk Bassiouny & Hennawy (“MBH”) acted as Egyptian legal counsel to IFC - International Finance Corporation on its first investment in a securitization transaction in Egypt.The transaction involved a securitization programme launched by GlobalCorp, structured into three tranches with distinct maturities and credit ratings....
We are pleased to announce that Matouk Bassiouny & Hennawy (“MBH”) acted as legal advisor to Jackson Square Aviation (Ireland) Limited (“JSA”), a global leader in aircraft leasing, in connection with its first-ever commercial aircraft lease transaction in Egypt to flyplus (formerly known as نسما للطيران Nesma Airlines).MBH advised JSA...
We are pleased to announce that Matouk Bassiouny & Hennawy (“MBH”) acted as legal counsel to Btech Trade and Btech Finance ("B.TECH") in connection with an EGP 1,759,000,000 (* Egyptian Pounds) securitization transaction. This transaction represents the first issuance of Capital’s fourteenth securitization program amounting to an aggregate of EGP...
We are pleased to announce that Matouk Bassiouny & Hennawy (“MBH”) acted as legal counsel to Catalyst Partners in connection with the commencement of trading of Egypt’s first Special Purpose Acquisition Company (“SPAC”), Catalyst Partners Middle East (“CPME”), on the Egyptian Stock Exchange.The launch of CPME follows the completion of...
On 27 November 2025, the Egyptian Tax Authority (“ETA”) issued Implementation Instructions No. 45 of 2025 (the “Guideline”), introducing a comprehensive and practical framework for the VAT treatment of exported services. The Guideline consolidates the applicable place of taxation rules, sets out mandatory documentation for applying the zero-rate, and clarifies...
As part of our review of Minister of Labor Decree No. 187 of 2025 (the “Decree”), issued pursuant to the newly promulgated Labor Law No. 14 of 2025 (the “Labor Law”) and setting forth the mechanisms and regulations for the authentication of employees’ resignations, we set out below a summary...
In a giant leap forward and pivotal awaited move to reshape the Egyptian real estate market, President Abdel Fattah El Sisi ratified the new Rental Laws No. 164 & 165 of 2025 after a long-debated amendments to the Old Rental Laws that had been applied for decades.Such new laws will...
On 19 June 2025, the Central Bank of Egypt (“CBE”) issued long-anticipated Licensing and Registration Rules for Payment System Operators (“PSOs”) and Payment Service Providers (“PSPs”) (the “Rules”). Issued pursuant to Articles 184 to 200 of Banking Law No. 194 of 2020, the Rules aim to strengthen the regulatory environment...
