Author: Heba Anwar Raslan

Managing Associate at Sharkawy & Sarhan Law Firm For years, Egypt’s mining sector was struggling to attract new investments. The existing regime presented significant economic and regulatory challenges. In July 2019, the Egyptian Parliament approved changes to Mineral Resources Law no.145/2019 (the Law). The Prime Minister introduced a completely new executive regulation in January 2020 (the ER). What makes this regulatory change significant for mining investors? The recent regime changes were introduced following various informal consultations between the government and investors. These developments received positive reactions in industry and investor circles alike. This recently updated regime should govern exploration licenses…