20 Feb 2019Egypt
Al Ahram, 19 February 2019: Egypt’s President has issued Egypt Law No 175/2018 on cybercrimes which will recognise electronic evidence in trials. It has been published in the Official Gazette.
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[Subscription only] Egypt’s Finance Ministry is considering giving tax breaks of up to 85% for small and medium-sized enterprises for three years to encourage them to join the formal economy.
Al Balad, 19 February 2019: Egypt’s State Council is currently reviewing the Implementing Regulations to the country’s 2018 Consumer Protection Law.
Egypt’s Finance Ministry has prepared a unified tax procedures law. It is referring the draft law to the Prime Minister before posting it on the Ministry’s website for public consultation, which will last until March.
Libya Akhbar, 15 February 2019: The Governor of Libya’s Central Bank has discussed ways to reintroduce financial leasing after an eight-year gap.
Ad Dostor, 10 February 2019: Egypt’s President has ratified Egypt Law No 5/2019 amending Egypt Law No 394/1954 on arms and ammunition, following Parliamentary approval.
Libya Akhbar, 7 February 2019: An adviser to Libya’s Justice Minister and member of the Law Department has denied reports Libya Law No 23/1998 on the work of trade unions has been suspended.
El Fagr, 6 February 2019: Egypt’s Cabinet has approved a draft consumer finance law which will allow consumers to obtain a loan for the purchase of any consumer goods at a specific interest rate.
Al Ahram, 4 February 2019: Egypt’s Parliament has approved a draft law amending Article 10 of Egypt Law No 196/2017 on gas market activities.
Al Balad, 4 February 2019: Egypt’s Parliament has approved amendments to the Traffic Law which mean owners of particular vehicle types will have to install GPS systems in their vehicles.
