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The National Council for Wages Sets a New Minimum Wage for Employees in the Private Sector
On 28 June 2021, the National Council for Wages (the “NCW”) announced that it has set a new minimum wage for private-sector employees (the “Decision”). In addition, the Decision provides for new periodic increment schemes that private-sector employees will benefit from. The Decision comes in alignment with the Egyptian government’s action plan to mitigate the […]
read moreThe New Law Regulating Advertisements on Public Roads
Law No. 208 for 2020 regulating advertisements on public roads was promulgated on 30 November 2020 (the “Law”). The Law repeals the previously enacted Law No. 66 for 1956 regulating advertisements, in addition to certain provisions of Law No. 84 for 1968 on public roads and the Construction Law No. 119 for 2008. The Law […]
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Shalakany is committed to delivering top quality legal services to our clients. As a full-service corporate law firm, we provide bespoke specialized legal services across a variety of different practice areas and sectors.
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Shalakany Secures a Positive Global Settlement for a Leading Multinational Jewelry Company
Shalakany is pleased to announce that it has successfully represented its client, a leading, multinational jewelry company, before the General Authority for Investment and Free Zones (‘GAFI’) and before the Egyptian Judiciary. The client’s dispute with the counterparty arose from an unincorporated joint venture in Egypt. Shalakany’s consecutive wins before GAFI’s Inspection and Petitions’ Committees […]
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Shalakany Acts for Wings in Nile Cruises Joint Venture
Shalakany is delighted to announce that they have acted as lead counsel for the Wings Group (one of the most prominent Egyptian hotels and tourism players and a longstanding client of the firm) in its joint venture with one of the leading luxury international river cruise operators AMAWaterways. The joint venture envisages investing in luxury […]
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