16 Hrs
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صدى البلد
Sahar Nassar advocates for routine financial filings
The study discusses the need to update the Companies Law, including joint-stock companies, partnership limited by shares, and limited liability companies in Egypt, after more than 44 years since its issuance. The aim is to keep pace with economic developments and encourage investment. The proposed amendments include increasing flexibility in trading shares, raising the maximum limit for treasury stock purchases from 10% to 20%, improving financial disclosure rules, strengthening governance, supporting women's representation on boards of directors, and developing the system of valuation and financial review to enhance report quality and ensure transparency.
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