News
Riad & Riad Sponsors Cairo University team in Price Media Moot Court Competition held at the University of Oxford
April 18, 2024
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...
Riad & Riad Continues to be Ranked as Top Tier Law Firm by Legal500
April 17, 2024
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...
Temporary Entry of Free Zone Equipment and Tools
April 17, 2024
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’s Pre-Closing Merger Control Regime Enters into Effect
April 16, 2024
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...
Egypt Raises Minimum Salary of For Private Sector by 60%
April 16, 2024
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...
Establishment of Technologist Syndicate in Egypt
April 16, 2024
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...
Riad & Riad successfully completed transferring the workforce of one of world’s largest visa outsourcing and technology services companies in Egypt
April 15, 2024
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...
Riad & Riad has been shortlisted as Employment Law Firm of the Year
February 4, 2024
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...
R&R is Ranked by the Prestigious IFLR1000 Legal Directory as Recommended Firm
February 4, 2024
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...
Riad & Riad scores a victory in a US$ 34.5 Construction Dispute
February 4, 2024
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 Successfully Defended a Multinational Food Manufacturing Company in Food Safety Prosecution
February 4, 2024
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...
R&R in the public consultation sessions on the new Private-to-Private (P2P) rules for the electricity sector in Egypt
November 4, 2023
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 ...
Successful Completion of R&R 2023 Summer Internship Programme
November 4, 2023
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...
Seminar on Investment Law to Japanese Business Community in Egypt
November 4, 2023
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...
Egypt Increases the Minimum Wage for Private Sector Employees
November 4, 2023
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...
Egypt Introduces the Rules Governing Digital Banking Licensing
November 4, 2023
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...
Egypt Removes Restrictions on Foreign Companies to Obtain Importation License
November 4, 2023
The Egyptian Importer Registry Law No. 121/1982 is amended to allow companies wholly owned by non-Egyptians to obtain an importation license and carry out importation business for trading purposes freely. The law pr...
Egypt Announces Green Hydrogen Incentive Package
May 17, 2023
The Egyptian Cabinet of Ministers approved bill on incentives of projects of green hydrogen and its derivatives. Scope of Application According to the bill, the law will apply on hydrogen projects which will sign th...
Riad & Riad is Top Ranked in Legal500 EMEA 2023
April 25, 2023
Riad & Riad continues to improve its quality rankings in the 2023 edition of the Legal 500 EMEA directory. The guide ranks us in six practice areas. We are proud that our Project and Infrastructure tea...
Riad & Riad Ranked in Chambers & Partners Global 2023 Guide
February 20, 2023
Riad & Riad has, once again, been recognized by Chambers and Partners in its Global 2023 guide for Project & Energy as well as the Commercial Contracts and Venture Capital in Egypt. Congratulations to partne...
Riad & Riad collaborates with Fintech Buddy Saudi Arabia to empower Egyptian and Saudi Fintechs
February 6, 2023
Riyadh, Saudi Arabia: Fintech Buddy Saudi Arabia, a one-stop shop platform that provides professional services for startups and foreign companies (sponsored by The Law Firm of Nasreen Alissa), signed a Memorandum of...
Riad & Riad Successfully Defends a Major Airline Company in a Dispute Against CFO
January 27, 2023
Riad & Riad scored a favourable court judgment for a leading airline company in a dispute against its chief financial officer (CFO). The judgment was issued by the Egyptian Court of Cassation setting out a numbe...
Riad & Riad Closes a Settlement of € 40 Million Construction DIAC Arbitration Case
December 12, 2022
Riad & Riad is thrilled to succeed in closing a settlement arrangement between one of the leading energy companies in the Middle East and a major state-owned Chinese EPC contractor. The parties had a Euro 40 mil...
Mohamed Riad and Fatma Salah are Recognized in IFLR1000
October 22, 2022
Congratulations to our partners Mohamed Riad and Dr. Fatma Salah for being recognized in the 2022 edition of IFLR1000 as “Highly Regarded” and “Notable Practitioner” respectively. Riad & Riad is ranked as a “Rec...