Mohamed 
The National Council for Salaries (the “Council”) was first constituted in 2003 in accordance with Article (34) of the Egyptian Labor Law No. 12/2003. The Council is competent to determine the minimum salaries and the annual increments of private sector employees.
Riad & Riad represents the Italian energy group Eni in the significant deal reached with Spanish gas firm Naturgy and Egyptian partners to resolve disputes over Damietta liquefaction plant in Egypt. The agreements reached pave the way for the restart of the Damietta plant as stated by Eni in a statement on 1 December 2020
Riad & Riad has successfully represented a leading multinational food manufacturing company in connection with a claim against the Egyptian Notary Public Authority for the refund of unduly collected Notarization Fee. The Claim was initiated before the Investment Dispute Resolution Committee
A new law is issued in Egypt regulating the Advertisements on Public Roads (the “Law”). The Law comes under No. 208 for 2020 and comes into effective as of 2 December 2020.
On 19 October 2020, the Unified Tax Procedures Law No. 206 of 2020 (the “Law”) was issued to introduce unified tax procedures or assessment and collection of the direct and indirect taxes. The Law also establishes the legal basis for the transformation to the new tax e-system and aligns with the current dynamic digital economy.
The Prime Ministerial issued Decree 2592 of 2020 (“Decree”) to prohibit all governmental entities and state-owned companies from concluding any contract with a foreign investor or agreeing to arbitrate without first referring the matter to the Higher Authority for Studying and Opining on International Arbitration Cases (“Authority”).
يعلن مكتب رياض ورياض للمحاماة والاستشارات القانونية عن حاجته لمحامِ مقيد أمام محاكم الاستئناف.
On the 1st of October 2020, the General Authority for Foreign Investment in Egypt (“GAFI”) issued important rules adopting new “points-based” system for the issuance of residence permits for foreign investors (for up to five continuous years).
Law No. 199/2020 was issued on 30 September 2020 to amend the stamp duty and the capital gain tax on sale of shares as well as the dividends tax. The law is effective as of the 1st of October 2020.
National Food Safety Authority (“NFSA”) issued on September 2020 its Decree No. 4/2020 regarding food additives accepted for use by the food industry (the “Regulations”)