• Legal Framework

    In-depth coverage of the local legal framework for business is an integral part of OBG’s analysis. Working in partnership with a leading local law firm, we review foreign investment laws, ownership restrictions, requirements for local partners and labour laws, among other topics.
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Egypt has undergone a series of dramatic political developments, leaving the country with various economic challenges to address. While the uprisings lifted the country from stagnation, they also interrupted commerce, leading to a prolonged closure of the stock market and a marked drop in tourism.

 

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.

Chapter | Legal Framework from The Report: Egypt 2016

OBG introduces the reader to the different aspects of the legal system in Egypt, in partnership with AB & David. OBG talks to David Ofosu-Dorte, CEO, AB & David, on a new legal regime for nuclear energy.

 

The 1996 Basic Statute of the State (also referred to as the Basic Law) sets out the legal structure of Oman and the functions of the executive and the judiciary, as well as citizens’ personal liberties and public obligations. It provides that Oman’s basic principles include free market economics, cooperation between the public and private...

 

The new Competition Protection and Monopoly Prevention Law (the Competition Law), which was published in December by Sultani Decree No. 67 of 2014, raises important compliance issues for companies doing business in Oman.

 

The goals of Oman’s current long-term strategy, Vision 2020, are to support growth, diversify away from oil and gas, and create employment opportunities for Omanis. Attracting inward foreign investment is a major factor in achieving these goals. Oman’s current legislation on foreign investment (the Foreign Capital Investment Law, or FCIL) was...