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What Is This "New Era" In Egypt's Financial Law? Find Out On July 4th

Aspiring to mediate and exchange the knowledge between the legal and business sectors region-wide, Egypt-based Law Today Magazine is holding its second annual conference on Wednesday 4th July in Cairo.

As July's sun twinkles on the River Nile, investors and lawyers will be engaging in a conversation about the so-called "new era" in the financial legislation at the Semiramis Intercontinental Hotel. The event, titled, "Financial Law in Egypt: A New Era," lawyers, investors, and business people will stimulate conversations and shed light on the structure and impact of new developments and regulations within Egypt’s financial sector.

The conference is designed to be an opportunity for those seeking to better understand how new financial regulations will impact the business climate in Egypt to hear detailed opinions from experts, to pose their questions and to engage in discussions with different stakeholders. From banking and finance experts, to members of the judiciary, the conference will comprise three detailed panel discussions delving into how the new bankruptcy law will transform business in Egypt, the impact of the new movable collaterals law, as well as the financial tools of the future and emerging technology and its impact on growth. 

"With the government taking important steps to pass new legislation that will have a real bearing on the ease of investment or doing business – whether in terms of safeguarding assets, extending lending options for creditors or strengthening Egypt’s insolvency framework – many people want to better understand the context in which these laws were passed and how they will be applied," says Law Today's CEO Lucy Marx. "Our aim is to provide a space to discuss the applicability of this legislation in practical terms, with experts – because, after all, these laws are designed to make life easier for business leaders and investors. These people need to understand how the regulatory framework affects them."

Among the industry experts who will participate in the conference as speakers are Abdelhamid Ibrahim, the Board Member of Financial Regulatory Authority, Noha Shaker, the Head of Digital Ventures and Strategic Alliance at CIB, Ayman Ismail, the Director of AUC Venture Lab, Sherif Samy, the Chairman of the National Asset Management and Investment SAE, Karim Hussein, the Managing Partner at Algebra Ventures, and Khaled Attia, Partner at Al Tamimi.  

The event’s final panel session will focus exclusively on Fintech, bringing together diverse perspectives from both legal and technical specialists, who will look at the exciting opportunities afforded by emerging technology and how these will open Egypt up to new kinds of economic growth. "There is considerable interest amongst our partners and clients in sharing their knowledge about emerging technology but also in looking at how clear regulation can be established so that it can be used both responsibly and effectively," says Law Today's co-founder Mohab Said. "The possibilities are mind boggling and it’s a very exciting time; we really are about to enter a new era. That’s why it is crucial that we have these conversations, so we can understand how to make the best use of these resources as they become available to us”.

Photography courtesy of Law Today. 
Main Image: The founders of Law Today. 

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