Prohibiting the Establishment of Industrial Facilities Outside Industrial Zones

Decision Prohibiting the Establishment of Industrial Facilities Outside Industrial Zones Introduction The Egyptian legislative landscape recently saw an important development with the issuance of Decision No. 16 of 2025, which regulates the establishment of industrial facilities. This decision, issued on January 11, 2025, by the Deputy Prime Minister for Industrial Development and the Minister of...

Overview of the Saudi Personal Data Protection Law

Overview of the Saudi Personal Data Protection Law Introduction: To protect personal data and leverage its economic value in a rapidly digitizing world, Saudi Arabia, through the Saudi Data and Artificial Intelligence (SDAIA), launched the Personal Data Protection Law (PDPL) which entered into full force on September 14, 2024 after the expiration date of the...

FIDIC 2024 Annual Report

FIDIC 2024 Annual Report: Celebrating Achievements, Overcoming Challenges, and Looking Forward On 09 September 2024, the International Federation of Consulting Engineers (FIDIC) published its 2024 Annual Report, showcasing the major milestones achieved by the organization. These include the annual financial overview and strategic direction taken by the organization during the year. With more than a...

Foreign Ownership of Real Estate in Egypt

Foreign Ownership of Real Estate in Egypt: Investment Opportunities and Legal Safeguards for Stability With the rapid growth of the real estate sector in Egypt, foreign investors are increasingly interested in acquiring property in this promising market. The diverse range of real estate options, from residential units to commercial and tourist projects, makes Egypt an...

Procedures for release a tax lein in 2024

Procedures for release a tax lein in 2024 Per Executive Instructions No. (10) of 2024 issued by the Head of the Tax Authority and further to Executive Instructions No. (21) and (28) of 2023 concerning the mechanisms for lifting the seizures, The Tax Authority decided to extend the implementation of Executive Instructions No. (28) of...

Financial Technology companies practicing non-banking finance activities

Financial Technology companies practicing non-banking finance activities The establishment of Fintech companies practicing non-banking finance activities is an important path in the modern business world, as the technological sector is witnessing rapid growth and radical changes in the way financial services are provided. This type of company is characterized by employing modern technology, such as...

Incentives for Green Hydrogen and Its Derivatives Production Projects

Incentives for Green Hydrogen and Its Derivatives Production Projects Law No. 2 of 2024, approved a comprehensive package of incentives, exemptions, and guarantees for projects to produce green hydrogen and its derivatives and their expansions. The most important of these incentives is a cash investment incentive called the “Green Hydrogen Incentive.” The enjoyment of these...

The Premium Residency in Saudi Arabia

The Premium Residencyin Saudi Arabia   The Center also announced the launch of 5 new Premium Residency products, including Special Talent, Gifted, Investor, Entrepreneur, and Real Estate Owner. The Premium Residency Center was founded in January 2019, per the Council of Ministers’ resolution, to draw in highly skilled individuals and investors to contribute to Saudi...

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