As part of the Egyptian government's ongoing effort to attract foreign investments to the mining sector in Egypt, new Executive Regulations to Egypt Law No. 198/2014 on Mineral Resources were promulgated under Prime Ministerial Decree No. 108/2020, which was published in the Official Gazette on 14 January 2020. Prime Ministerial Decree No. 108/2020 follows shortly after the recent amendments to Egypt Law No. 198/2014 that were enacted last August under Egypt Law No. 145/2019. Prime Ministerial Decree No. 108/2020 appears to eliminate the need for mining companies to form joint ventures with the Egyptian government and to limit state royalties to a maximum 20%, measures long encouraged by the private sector.

Prime Ministerial Decree No. 108/2020 was issued with a full repealing effect to the existing Executive Regulations.