Legal Updates1 Merger & Acquisition Egypt’s Pre-Closing Merger Control Regime Enters into Effect Employment Egypt Raises Minimum Salary of For Private Sector by 60% Technology Establishment of Technologist Syndi...
As part of our firm's commitment to corporate social responsibility, we are excited to support the next generation of legal talent as they showcase their skills on an international stage. The Price Media Moot Court...
Our Project Development and Construction practice as well as our Employment practice are ranked Tier 1 in the 2024 edition of Legal500 EMEA! Congratulations to the whole team, in particular Dr. Fatma Salah and Dr. E...
On the 25th of March 2024, the Cabinet of Ministers issued Decree No. 24 of 2024 ("Decree") allowing free zone companies to have its tools, supplies, machines, equipment, devices, and means of transportation (...
Egypt amended its Protection of Competition and Prohibition of Monopolistic Practices Law No. 3 of 2005 (“Competition Law”) on 29 December 2022. The amending law No. 175 of 2022 (“Amendment Law”) introduced the long...
For the third time during the last couple of years, the Egyptian National Council for Salaries (“Council”) decided an approximate 60% increase in the minimum salary of private sector employees. Minimum Salary as of...
Last February Law No. 13/2024 was issued deciding the establishment of an independent syndicate for technologists (the “Law”). The need to establish a syndicate for technologists (the “Syndicate”) grows after the is...
R&R has successfully completed transfer of the workforce of one of the world's largest visa outsourcing and technology services companies in Egypt. The transfer of the company’s staff took place as part of a bus...
Legal Updates1 Energy Egypt Releases New Law for Green Hydrogen Incentives Investment Projects Egypt Announces New Tax Incentives for Industrial Projects R&R News Riad & Riad scores a victory in a US$ 34.5 C...
We are thrilled to announce that Riad & Riad has been shortlisted in the Legal 500 MENA Awards 2024 as the Employment Law Firm of the Year. Also, our Partner Dr. Eman Riad has been shortliste...
We are happy to be ranked by the prestigious IFLR1000 2023/2024 edition as a Recommended Firm in three categories, namely: Project Development M&A Project Finance Also, our partner Mohamed Riad is iden...
We are delighted to secure a victory for our client, a leading Korean EPC construction company, in relation to a US$ 34.5 million direct claim that was initiated against it by one of its subcontractors. The dispute...
Riad & Riad has successfully defended a multinational food manufacturing company in food safety prosecutions involving breach of Food Control Law, the Fraud Combating Law and the National Food Safety laws and re...
A new law is issued in Egypt under number 2 for 2024 regulating the Incentives for Green Hydrogen Projects and Its Derivatives (the “Law”). The law comes into force as of 28 January 2024. The Law defined the green h...
Egyptian Cabinet issued Decree No. 77 of 2023 ("Decree") granting new tax incentives (“Tax Incentives”) to the industrial investment projects and their expansions. The Decree comes without prejudice to the recent in...
Legal Updates1 Investment Egypt Removes Restrictions on Foreign Companies to Obtain Importation License Egypt – Amendment to the Investment Law Tax Egypt – Amendments to the Income Tax Law Banking Egypt Introduces t...
Law No. 163 of 2023 (“Law”) was issued on 6 August 2023 for the establishment of the Egyptian Authority for Intellectual Property (“IP Authority”). The IP Authority will have an exclusive and comprehensive competenc...
Our partner Dr. Fatma Salah participated in the public consultation sessions held by EgyptERA (with the support of EBRD) on the new Private-to-Private (P2P) rules for the electricity sector in Egypt.Riad & Riad ...
We had a successful summer at Riad & Riad Riad with our 2023 Summer Internship Programme! We welcomed two batches of talented, and carefully selected, interns for a two-week immersive experience at our...
Our partner Dr. Eman Riad delivered a presentation to the Japanese investors and businessmen in relation to the recent incentives under the Investment Laws in Egypt. The meeting was attended by the Japanese ambassad...
The Egyptian Minister of Planning and Industrial Development issued Decree No. 46 of 2023 (the ”Decree”) setting the minimum salary for private sector employees in Egypt. The minimum salary of private sector employe...
On 12 July 2023, the Central Bank of Egypt (“CBE”) issued a circular (the “Circular”) regulating the requirements for licensing and registering Digital Banks in Egypt. The rules determined under the Circular allow e...
The Income Tax Law No. 91/2005 (“Income Tax Law”) has recently witnessed major amendments by virtue of Amendment Law No. 30/2023 (issued on 15 June 2023) and Law No. 175/2023 (issued on 30 October 2023). These amend...
With the aim of creating an attractive climate for investment and streamline investment procedures, the Egyptian government introduced important amendments to the Investment Law No. 72 of 2017 (“Investment Law”) by...
