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Deal by Design
Welcome to this edition of Law Update, focusing on the evolving M&A landscape across the MENA region. With deal activity and value continuing to grow, the region is seeing increased investor interest alongside a changing regulatory environment.
This edition explores key legal and market developments affecting M&A transactions, including regulatory reforms, foreign investment, governance, due diligence and deal structuring across the region.
In order to establish an efficient complaint processing and settling system in Egypt, the Cabinet issued Decree No. 1855/2017.
By virtue of this Decree, the service offices competent to receive, register and settle citizens’ complaints are now unified and connected by a website www.shakwa.com (‘shakwa’ is ‘complaint’ in Arabic). Further, the Decree provides for the establishment of several committees, units and sectors, ensuring the enforceability and implementation of the provisions of the Decree within all governmental authorities in Egypt.
What Does the Decree Do?
Instruments provided under the Decree:
The Decree sets the following obligations on all governmental authorities in order to ensure that the newly enhanced service is accessible:
How Can We Help?
Our team of experts would be delighted to assist you particularly in relation to the following:
Should you wish to learn more about the Shakwa System, please contact Ayman Sherif Nour, Partner, Head of Office – Egypt and Farah El Nahas, Associate, Corporate Structuring.
To learn more about our services and get the latest legal insights from across the Middle East and North Africa region, click on the link below.