R&R co-sponsor the ALB In-House Legal Summit on 22 October 2019 in Dubai. Our partner Dr. Fatma Salah presented a session titled “Compliance Challenges in Emerging Markets – the Role of General Counsel”. She gave her thoughts on the legal risks of doing business in emerging markets and the role of legal counsels in ensuring compliance.

partner, Dr. Eman Riad, published an article with Al-Borsa Newspaper regarding the transfer of undertakings and its consequences on the employees under the Egyptian Labor Law.

On 25 August 2019, Law No. 151 of 2019 was issued for the establishment and regulation of two new public authorities in the pharmaceutical sector, namely, the Egyptian Drug Authority (“EDA”) and the Egyptian Authority for Unified Procurement, Medical Supply and Technology Management (“AUPP”).

R&R had the pleasure to support FAS Energy, an affiliate to Fawaz El Hokair Group, in drafting the MOU it signed with the New Urban Communities Authority (NUCA) to set up a waste-to-energy (WtE) facility in 10th of Ramadan City.

In December 2018, President Abdel Fattah El-Sisi issued the Presidential Decree no. 537 of 2018 (the “Decree”) approving the agreement entered into between Egypt and Cyprus on 19 September 2018 to establish a direct natural gas subsea pipeline between the two countries (the “Agreement”).

On 16 July 2019, a new ministerial decree no. 146 of 2019 was published in the Official Gazette regulating the procedures and requirements for granting work permits to foreigners (the “New Decree”).

In order to extract a work permit for a foreign shareholder or manager to work in an Egyptian company incorporated under the Companies Law no. 159 of 1981, certain requirements relating to the capital of the company should be met.

On 31 July 2019, the House of Representatives approved the first amendment to Egypt’s new Investment Law no. 72 of 2017. The amendments are introduced by virtue of Law no. 141 of 2019.