Apply for this new online visa to travel to Egypt

What is the Egypt Online Visa?

The Egypt Online Visa, or Egypt eVisa, is a new electronic system for citizens of eligible 
countries to apply for an Egypt visa for tourism, business or transit, through an online
application without the need to visit the embassy.

The new electronic visa system was implemented by the Government of Egypt.
The Egypt eVisa aims to simplify the process for visitors to Egypt to obtain the correct travel
authorisation. The online Egyptian visa program will not only accelerate the process for visa
applications prior to traveling but also improve the system
of customs and border control upon arrival in Egypt.

The eVisa for Egypt is a single-entry visa. It is valid for a maximum stay of 30 days.
The Egypt eVisa is compulsory for travelers wishing to visit Egypt for tourism, business
and transit
purposes.

To apply for an Egypt eVisa the applicant will need to complete the visa application online
so that he/she may receive the approved eVisa via email.

Hilton Worldwide to manage new hotels in Egypt

Hilton Worldwide to manage new hotels in Egypt: Cairo – Mubasher: Hilton Worldwide Holdings is planning to expand in Egypt by managing 13 hotels in the coming seven to ten years, vice president operation of Hilton Egypt and North Africa Mohab Ghali told Reuters. Hilton is currently operating 17 …

Sisi appointed a new head of the Council of State

E-Corporate Lawyers condemns the action of the Egyptian President Al-Sisi who appointed last week a new Chief Judge which constitutes in our view an unconstitutional interference  by the executive authority in what supposed to be an independent Judicial Authority. Ahmed Abo al-Azm, on the top of the Council of State, a judicial body that provides the government with legal advice, effective July 20. 

An administrative court had blocked a widely criticized agreement that cedes sovereignty over two Red Sea islands to Saudi Arabia and the Supreme Administrative Court, the Council of State's top court, upheld the verdict after the government appealed. 

The government pushed the deal through parliament, ignoring the verdict, and claimed the matter was not for the judiciary to decide, and the president ratified it last month. 

As Reported by Ahmed Aboulenein; Editing by Gareth Jones at Reuters, Yehia al-Dakroury, who issued the initial verdict blocking the deal in June 2016, would have normally been next in line to become Council of State Chief Justice "The law is seen as unconstitutional, many see it as an encroachment from executive on judicial branch. The constitution is clear that the judiciary is independent and should manage its affairs, including picking its own leaders," Ahmed al-Khatib, a former judge at the Cairo Court of Appeals, told Reuters. 

Egypt's judiciary has long enjoyed a degree of independence but a Reuters investigation revealed last year a crackdown that started in 2014 aimed at bringing it under tighter government control. 

Dakroury told Reuters he would appeal against Sisi's decision not to appoint him as Chief Justice. A Justice Ministry spokesman declined to comment on the matter. Abo al-Azm could not be reached for comment despite repeated phone calls.

Orascom Holding proceeding to voluntary delisting EDRs from Egypt EGX

Orascom Holding is taking the necessary procedures to voluntary delist its EDRs from the Egyptian stock market EGX, following its board decision on the 26th of December 2016. Minority shareholders who have the right to object before the Swiss Takeover Board TOB within 5 days from the date of the publication of the decision. The extraordinary shareholders meeting has to approve but yet to decide on the date of its meeting.

Most probably this decision is to hedge against potential arbitrage that investors may seek due to recent huge devaluation in the Egyptian pound. Other reasons for similar cases may also be related to a corporate reorganisation or potential sale of shares or material assets at the holding or affiliate companies levels.