Is it just me, or has this year gone by really quickly? The clichest of clichés, I know, but it really does seem like an eventful year.

16 Jul 2017

Over the weekend, I woke up nice and early in anticipation of a much needed day trip away from the maddening crowd. My first stop was at a gas station

I was as surprised – correction, shocked – as everyone else last Thursday when the central bank of Egypt announced yet another raise of benchmark interest rates by 200 basis points for the second time in a matter of months. My initial reaction was one of deep concern. How could they do this, again?

17 Feb 2017

The taxman is knocking on the door yet again, so whether you like it or not, you best be ready for the Tobin Tax.

For the uninitiated, a Tobin tax, a phrase first coined by Nobel Laureate economist James Tobin in the 1970s, is a tax levied on transactions in connection with different types of financial securities.

One of the Egypt IMF loan conditions, as part of the overarching econom...

When business leaders, investment bankers and corporate lawyers are seen poolside during the day over the course of the workweek, it’s a clear sign that the economy is in trouble. Big trouble. In the months leading up to 3 November, everybody was twiddling their thumbs as market activity ground to a halt and players waited (im)patiently for the FX overcast to blow over. The mood was...

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Aly El Shalakany

 

is a Senior Partner at Shalakany, a corporate law firm in Egypt, which he joined from Linklaters in London. Aly is a noted specialist in finance, projects and mergers and acquisitions. Aly is also the Chairman of the Cairo Angels, one of the leading angel investment groups in the Middle East and Africa.

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