Mohamed Nasser Law Firm Blog
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Blog posts on Corporate Law, Business Law, Intellectual Property, and more. Mohamed Nasser Law Firm is one of the largest full-fledged law firms in Egypt & the Middle East providing our clients distinctive quality services and innovative legal solutions in the fields of individuals, corporations, and registrations.
Mohamed Nasser Law Firm Blog
2d ago
The Egyptian legislator has regulated in several laws the obligations imposed on legal entities to maintain legal and financial ledgers (Ledger/Ledgers), which are considered a primary source for the financial and legal data for the operations and transactions carried out by the company.
These Ledgers are considered as comprehensive records of every debit and credit transaction throughout the company’s existence. The ledgers must be held physically by the company to enter all the data and information manually in handwriting.
Additionally, companies use ledgers to get a comprehensive understan ..read more
Mohamed Nasser Law Firm Blog
1w ago
Companies with diverse legal structures are the basis of economic and financial systems, as companies helps the economic and commercial growth in countries considering that the economic and financial conditions in many countries can be significantly impacted by the activities of these companies.
The diversification of investor needs and the nature of businesses has led to the appearance of multiple types of companies such as partnership companies, General Partnership companies and Joint Stock companies, relevantly this diversity allows investors to choose the type of company that suits the na ..read more
Mohamed Nasser Law Firm Blog
2w ago
The rights of shareholders in companies are numerous in accordance with Law No. 159 of 1981 and its executive regulations and Law No. 72 of 2017. The law guaranteed the protection of these rights with some measures through several rights that the legislator has maintained to ensure that all shareholders receive equal justice in the companies they invest in. This protection helps attract foreign investment and more local investment. We detail in this article many of those rights.
1- The rights of the shareholder to invite the convening of the General Assembly:
The shareholder has the right to ..read more
Mohamed Nasser Law Firm Blog
1M ago
For the past years, Egypt has shown interest in developing the production of energy from environmentally friendly sources. The government aims to use its vast renewable energy resources, particularly solar and wind, to produce green hydrogen. The development of green hydrogen in Egypt could help the country reduce its carbon produced energy and enhance its energy security.
The newly issued law in relation to incentives granted to the green hydrogen projects
On the 27th of January 2024, the Cabinet of Ministers had approved the issuance of a new law in relation to the incentives granted to the ..read more
Mohamed Nasser Law Firm Blog
1M ago
According to the technological development observed on a world- wide level and its impact on all transactions in all aspects and specializations, especially the economic aspects, as well as the developments that led to the urgent need for remote dealing, especially during the period of Covid-19 pandemic, and the appearance of many modern technological means that help in implementing these transactions, the ease of dealing through them, as well as the efficiency and safety of these means for the parties to any transaction.
Banking transactions also had a share of this technological development ..read more
Mohamed Nasser Law Firm Blog
2M ago
Partnerships limited by shares are companies that have at least one partner is joint alongside two or more shareholders partners whether they are natural person with legal capacity or a legal entity. The joint partner alone is responsible for the company’s debts in his personal funds, while the shareholders partners are only liable up to the extent of their shares in the company’s capital.
According to this, it can be said that Partnerships limited by shares are a hybrid type, combining aspects of both partnership and corporate structures, as they consider both financial and personal consider ..read more
Mohamed Nasser Law Firm Blog
2M ago
Contracts for difference (CFDs) and futures contracts are two types of derivative financial instruments that allow investors and traders to speculate on the prices of financial assets. However, there are some differences between these two types of contracts.
Futures contracts
Futures contracts are derivative contracts, which means they are derived from an asset, such as stocks, commodities, or foreign currencies. Futures contracts are traded on regulated markets, such as the Chicago Mercantile Exchange (CME) or the New York Mercantile Exchange (NYMEX).
Futures contracts are agreements to purc ..read more
Mohamed Nasser Law Firm Blog
2M ago
As the Egyptian government has taken measures to improve the investment climate, including implementing economic reforms, easing regulations, and promoting a more business-friendly environment. These efforts aim to attract foreign investors and stimulate economic growth.
Foreign investment refers to the investment made by individuals, businesses, or governmental agencies from one country into assets or projects located in another country. Such investment plays a crucial role in the global economy. The primary objective of foreign investment is to gain a financial return, acquire assets, or pa ..read more
Mohamed Nasser Law Firm Blog
3M ago
The Legislator defines the Donation in the Egyptian Civil Law as, a donation to others without money or with money for the benefit of others, and is a contract according to which the donor disposes of his property without consideration and the donor may, and the donor may impose on the donee to perform a specific obligation.
Article no. 486 of the Egyptian Civil Law No. 131 of 1948 defines the Donation contract as:
A Donation is a contract where the donor disposes his ownership without any consideration, and from this definition, we conclude that the Donation Contract has three factors, as fo ..read more
Mohamed Nasser Law Firm Blog
4M ago
The Egyptian Exchange has various trading systems to meet the needs of the majority of investors in the market.
The following is a simplified description of the used systems set:
Main System
X-Stream Trading System is the main trading platform used in the main market and the SMEs market to register investor orders to sell, buy and execute transactions.
Sub-systems
Registering the investors data (Coding System): a system used to distinguish the investors that dealing in the market with a code that they use for trading.
Omnibus Accounts System, it is a system where orders of a group of investo ..read more