Presidential Decree Law No. 127 of 2015 on the Authorization of Public Legal Entities to incorporate Joint Stock Companies

Presidential Decree-Law No. 127 of 2015 constitutes a key legislative measure aimed at enhancing public-private partnerships in Egypt. It authorizes public legal entities (such as ministries, public authorities, and governmental bodies) to incorporate joint stock companies independently or in partnership with other parties, subject to a decree by the Prime Minister, with the objective of improving service delivery and managing public assets on an economic basis.