Egypt: Securities

The capital market is undergoing continuous development toward greater regulation and digitization, ensuring transparency and the protection of the rights of market participants. One of the most prominent manifestations of this development is the shift from trading securities in physical form to a system of central registration and deposit, based on the electronic recording of ownership with companies specialized in central custody.

Can one Company Act as a Guarantor for the Other? According to the Egyptian law Companies cannot guarantee another Company unless it is stipulated in another Company's Articles of Association ...