She has extensive experience in various legal services including
drafting legal opinions on a wide range of corporate issues,
conducting legal due diligence reports, and also providing legal
counsel concerning tax issues.
23 Syria Street
El Mohandessin
Cairo, Egypt
+2(02) 37483564 Phone
nmt@tahoun.com
www.tahoun.com
in Egypt, there were dramatic changes in
laws due to the cancellation of the con-
stitution and issuance of a new constitu-
tional declaration.
The military
became the main
controller in the
transition period after
revolution, which aimed
to protect and maintain Egypt's civil
nature and provide more incentives and
privileges to private and foreign invest-
ments. Economic and jurisprudence
advisors to the Supreme Council of the
Armed Forces (SCAF) started, for the
first time since the Mubarak regime, to
explore new major projects including the
Suez Canal industrial free zone and port,
development of Sinai and cultivation of
new lands around the Nile River.
SCAF issued main principles to apply
to all investors without any differentia-
tion and to help eliminate corruption.
These changes have resulted in more
legal work for the Egyptian legislative
sector and the lawyers working in Egypt,
complies with the new laws.
The current government worked to
settle all claims raised against investors
who worked with previous ex-regime
public officials. These settlements aimed
to encourage private sector investments
for the long term. Still more changes are
being made.
The Egyptian government success-
fully completed mega infrastructure
and utility projects under this unstable
transition period (i.e. Alexandria Hospi-
tals Public Private Partnership Project),
proving the strength of the Egyptian
economy regardless of the instability of
political regimes.
Despite the political challenges fac-
ing Egypt, it is still considered a very
enjoys a diversified economy, water,
desert, the Suez Canal, mineral resources
including gas and iron, cultivated land
and one-third of the monuments of the
world, together with a 90 million person
population, constituting a great labor
force. Its location linking North Africa,
the Middle East and Europe offers a
great opportunity to build a new link-
ing port after Hong Kong and Dubai.
Although, even with such great potential,
Egypt still faces great challenges due to
inefficient management of its resources,
and the country is still in great need of
changes to laws in order to meet its real
current need for new investments.