Reports & Briefs

TIMEP Brief: Bankruptcy Law

Background: Egypt’s Bankruptcy Law (Law No. 11 of 2018) was issued as part of a series of economic reform laws that collectively seek to implement the reform program agreed upon under the Extended Arrangement with the International Monetary Fund (IMF),...

TIMEP Brief: Industrial Licensing Law

Background: The Law on the Simplification of the Procedures for Licensing Industrial Installations (Industrial Licensing Law) was approved by the cabinet in January 2017. It was subsequently approved by the House of Representatives in March 2017, and went into effect...

TIMEP Brief: VAT Law

Background: The Value-Added Tax (VAT) Law was drafted and approved by the cabinet in May 2016. The House of Representatives approved the draft law in August 2016. The law went into effect when President Abdel-Fattah El Sisi ratified it and...

TIMEP Brief: Investment Law

Background: Egypt’s Investment Law (Law No. 72 of 2017) was issued as part of a series of economic reform laws that collectively seek to meet Egypt’s obligations under the $12 billion International Monetary Fund loan agreement. The House of Representatives approved...

Assessing Egypt’s Economic Reform

Nearly two years after Egypt’s inking of a $12.4 billion deal with the International Monetary Fund in November 2016, headlines extol the improvements made, and the IMF declared in June 2018 that “strong program implementation and generally positive performance has...