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...

Fatma Salah is Appointed as Delegate to the ICC Commission on Arbitration and ADR

October 19, 2022
We are delighted that our partner Dr. Fatma Salah has been appointed as a delegate to the ICC Commission on Arbitration and ADR. The Commission is mandated “to gather expertise on arbitration and ADR across the ICC...

R&R is appointed as the Legal Counsel for the KfW/EU-financed project “Energy Efficiency in Public Universities”

September 20, 2022
Our partner Dr. Fatma Salah is selected as the local legal expert to support GOPA Infra GmbH, the winning bidder, in the  KfW/EU-financed project “Energy Efficiency in Public Universities". The project will identify...

Riad & Riad Advises on the First Light Railway Transit (LRT) in Egypt

August 14, 2022
Riad & Riad is having the honor and the pleasure to be part of this strategic project by advising the consortium of China Railway Engineering Corporation (CREC) and AVIC International Holding Corporation (C...

Egypt Announces Prequalification for Desalination Projects

August 14, 2022
In light of the Egypt’s plan toward encouraging the participation of the private sector in developing seawater desalination projects (“Projects”), the Sovereign Fund of Egypt ("SFE") announced the desalination progr...

Dr. Fatma Salah selected as Vice Chairman of the Economic Legislation Committee at the EBA

June 18, 2022
We are pleased that our partner, Dr. Fatma Salah has been selected as the Vice Chairman of the Economic Legislation Committee at the Egyptian Business Association (EBA). The EBA is a reputable and trusted pressure g...

New Circular Confirms the Obligation to Pay Contribution of 1% of Net Profit to the Vocational Training Fund

June 7, 2022
On 18 May 2022, the General Secretary of the Vocational Training Fund (“Fund”) issued a circular confirming the obligation on employers to pay a contribution of 1% of their annual net profit to the Fund (“Contributi...

Favorable Court Judgement in a Dispute against a Senior Executive

March 15, 2022
Riad & Riad scored a favorable court judgments for a leading UK textile and fabrics company in a dispute against a senior executive director. The Court of First Instance and the Court of Appeal decided that a bo...

R&R Ranked in Chamber Global 2022

March 15, 2022
We are pleased to announce that Riad & Riad got ranked by Chambers Global 2022 in Corporate/M&A for work undertaken in 2020/2021. We are also very pleased that our Partner Dr. Fatma Salah  has been ranked fo...

R&R Scored a Victory Nullifying an Arbitration Award in a Collective Labor Dispute

March 12, 2022
Riad & Riad has successfully represented a multinational aviation company in a long dispute against the Labor Union of Air-Transport in Egypt. The High Court of Cassation in Egypt has issued its judgment decidin...
Picture of the awarded blocks in the bid round 2021 is available at Egyptian Upstream Gateway.

R&R Advises ENAP Sipetrol in relation to the Concession of West Amer Block in Gulf of Suez

March 9, 2022
Riad & Riad is appointed by Chile’s ENAP Sipetrol to advise it in relation to awarded concession of West Amer Block in Gulf of Suez, Egypt. The Ministry of Petroleum and Mineral Resources announced on 3 January...

Minister of Civil Aviation Decree to Provide Advance Passengers Information

February 9, 2022
The Minister of Civil Aviation has issued Decree 1083/2021 regulating the obligation of airline companies to provide Advance Passengers Information (“API”). The Decree wa...

New Merger Fee Imposed on Renewable Plants in Egypt

February 8, 2022
Renewable power generation plants with a capacity of more than 500 kW will be subject to a new grid merger fee in Egypt. The Egyptian Electric Utility & Consumer Protection Regulatory Agency (EgyptERA) issued Ci...

Consumer Protection – Requirement to Disclose Products Lifespan

February 7, 2022
The Egyptian Consumer Protection Agency ("CPA") issued Decree No. 4/1 for 2021 (“Decree”) to oblige manufacturers, distributors and suppliers of any product to disclose its expected lifespan to the consumers. We bel...

حوار مع جريدة المال حول مشروع قانون العمل الجديد

January 31, 2022
أجرت الدكتورة إيمان رياض الشريك بالمكتب حوار مع جريدة المال حول مشروع قانون العمل الجديد الجارى حاليًا مناقشته أمام مجلس الشيوخ. وقد اوضحت د/ إيمان خلال الحوار الايجابيات والسلبيات التى اتى بها مشروع القانون وك...

Capital Gain Tax and Stamp Tax on Trading Securities

January 30, 2022
In 2014, the Egyptian Income Tax Law No. 91 for 2005 (“Income Tax Law”) was amended to apply capital gain tax (“CGT”) on the gains realized from the disposal of shares. The tax rate differs depending on the shares b...

Regulating Advertisement of Medical Products and Services

January 30, 2022
According to the Medical Advertisement Law No. 206/2017 (the “Law”), any promotion or advertising of a healthcare product or service has to be pre-approved and licensed by a special committee to be established by th...

Egypt Increases the Customs Tariff on Solar Panels – Is It 5% or 2%

January 30, 2022
According to Article 5 of Decree No. 419 of 2018 regulating Customs Tariff (“Customs Tariff Decree”), renewable energy machines and equipment (solar and wind) are subject to a flat rate of 2% or the regular customs...

Speaking at 11th World Litigation Forum – Recent Developments in Transnational Litigation

January 24, 2022
Our partner Dr. Fatma Salah was invited to speak at the 11th World Litigation Forum that took place in Dubai on the 19th and 20th of  January. She joined an esteemed panel of international experts to...

Favorable Arbitral Award for a Multinational Construction Company

December 19, 2021
Tribunal decided unanimously the inarbitrability of construction social insurance disputes and dismissed the claim Riad & Riad scored a victory defending one of the international construction cong...

Legal Framework of Digital Banking in Egypt

November 14, 2021
What is a Digital Bank? A digital bank is a bank with technology-enabled business model which provide its services remotely with limited or no branch infrastructure. Alternative terms used by market participants are...

Egypt Makes Covid-19 Vaccine Mandatory

October 10, 2021
The Egyptian Council of Ministers issued an official circular (the “Circular”) this week ordering all the ministries in Egypt to issue a regulatory decision to prevent their workers from entering workplaces unless t...

The New E-Invoice System in Egypt

September 26, 2021
Introduction As part of Egypt’s digital transformation, the Minister of Finance issued Decree no. 188/2020 in March 2020 to require VAT taxpayers to issue e-invoices. This Decree has delegated the Chairman of the Eg...

New Customs Law in Egypt: the Advance Cargo Information System

September 26, 2021
Introduction In implementation of the Customs Law no. 207 of 2020 and its executive regulations issued by Decree no. 430 of 2021, the Egyptian Customs Authority started the implementation of a new system for customs...