Author: Ibrahim Shehata Natural Gas is currently the main source of hydrogen production; however, green hydrogen is gaining more and more momentum and might be replacing Natural Gas soon; at least partially. To define it, green hydrogen is a light and a highly reactive fuel, produced through the chemical process...
New FinTech Law in Egypt
Author: Ibrahim Shehata Shehata & Partners (“SP”) has prepared this brief comprising the key highlights of the new law on Non-Banking FinTech No. 5/2022 (the “Law”) which will be regulated under the umbrella of the Financial Regulatory Authority (“FRA”). SP Executive Summary SP has noted (10) core issues under the...
Renewable Energy Integration Fee | January 2022 Decree by EgyptERA
Author: Ibrahim Shehata After a long wait, EgyptERA has finally issued its decree on the 4th of January, 2022 to provide some clarity on the Renewable Integration Fee that has been previously referred to in 2020 without providing its exact amount. It has been announced by EgyptERA in January 2022...
International Trademark in the Eyes of Egyptian Courts | Recent Trends in December 2021
Author: Ibrahim Shehata & Obay Ashraf The Egyptian Court of Cassation has come out with two very decisions on the 28th of December of 2021 pertaining to the protection of trademarks in Egypt. In this regard, we try here at Shehata & Partners to synthesize both decisions and update the...
The Utterly Baffling Amendments to the Powers of the Supreme Constitutional Court in Egypt of June 2021
Author: Ibrahim Shehata Introduction: On the 29th of June of 2021, the Egyptian Parliament has passed a couple of amendments to the powers of the Supreme Constitutional Court in Egypt (“SCC”). In essence, these amendments empower the SCC to review the constitutionality of the decrees, decisions, judgments, and awards issued...
Third-Party Funding in Egyptian Arbitration
Author: Ibrahim Shehata This article will tackle the issue of contingency fees as well the framework of third-party funding in the Egyptian jurisdiction. Both issues are considered to be hot topics around the world and hence we must shed some light on the intricacies associated with both phenomena from an...
The New Waste Management Law | A New Environmental Frontier in Egypt
Author: Ibrahim Shehata & Khaled El-Khashab I. Introduction Waste management has been a perpetual problem and is still present in most corners in Egyptian streets, and ever since 2012 there was a noticeable fail in the waste management system due to a lack of adequate nationwide disposal infrastructure. One of...
Calculation of Damages & Liquidated Damages: The Egyptian Perspective
Author: Ibrahim Shehata This article discusses the issue of contractual damages under Egyptian Law in light of the recent court trends in the past decade. First of all, the general rule dictates that the basic elements of liability must be present (fault, damage, and causal link) in order that the...
Outlook for Renewable Energy IPP in Egypt
Author: Ibrahim Shehata The Egyptian Government has set renewable energy targets of 20% of the electricity mix by 2022 and 42% by 2035. However, by the end of 2019, the nominal capacity for electricity production in Egypt sat at 56 GW, with a surplus of about 25 GW. This means...
S&P Overview of the New SMEs Law
Author: Ibrahim Shehata & Khaled El-Khashab Within the last three (3) years, the Egyptian legislature has embarked on a journey of business-friendly legislative changes through enacting various legal instruments that consider the benefit, protection, and ease of doing business in Egypt. The prime examples of this include the 2017 Investment...