Riad and Riad Advises on the BOO 200 MW PV Power Project in WEST Nile

January 21, 2017
R&R has been recently appointed to advise and represent one of the bidders in the tender for a 200MW BOO (build-own-operate) PV plant project at West of Nile. The project will be located in the West Nile region of E...

Adjustment of Foreign Currency Prices for Tax Purposes

January 21, 2017
On 22 December 2016, the Minister of Finance issued Decree No. 418 of 2016 determine the difference between the official and parallel market prices of the foreign currencies for purposes of calculating income taxes...

Release of the Executive Regulations of the Movable Collateral Law

January 20, 2017
On 15 December 2016, the Ministry of Investment passed the Executive Regulations of the Movable Collaterals Law no. 115/2015 which was passed a year ago on 15 November 2015 (Movable Collaterals Law).

Seminar on CG to the Japanese Business Community

January 19, 2017
Our partner Dr. Fatma Salah gave a seminar to the Japanese business community on the Egyptian corporate governance rules.

Commentary on the Draft Law on Development of Vehicles Industry and its Related Feeders Industries

December 21, 2016
A draft law on the Development of Vehicles Industry and its Feeders Industries (“Draft Law”) has been recently issued by the Ministry of Trade and Industry and submitted to the Egyptian House of Representatives for...

Central Bank Of Egypt Recent Decisions on Foreign Exchange

November 9, 2016
The Central Bank of Egypt (CBE) announced the liberalization of the foreign exchange market on the 3rd of November 2016. Below is a summary of main decisions taken by the CBE in this regard.

A Guide to Egypt’s VAT Law

October 23, 2016
On 29 August 2016, the Egyptian Parliament approved the long-debated Value Added Tax Law to abolish and replace the Sales Tax Law no. 11 of 1991 (the “Sales Tax Law”). The Value-Added Tax Law was issued under no. 67...

Termination of Employment Contracts Under Egyptian Law

September 18, 2016
The legal grounds for terminating the employment contracts under Egyptian law vary depending on the type of the employment contract and the circumstances surrounding the termination.

Round Two of Egypt FiT Program Announced

September 6, 2016
Round two of the feed in tariff (FiT) program has been announced by the Egyptian Minister of Electricity in a press conference Tuesday, the 6th of September 2016.

Suez Canal Special Economic Zone Legal Framework

August 24, 2016
In 9 August 2015, after three days from the inauguration of the New Suez Canal, President Abdel Fattah El-Sisi issued Decree No. 330/2015 declaring the areas adjacent to the Suez Canal as a special economic zone (th...

Termination of Safeguards Investigations against PET

August 24, 2016
Riad & Riad (R&R) advised and successfully represented a number of Chinese Exporters and the China Petroleum and Chemical Industry Federation to respond to a safeguard investigation initiated by the Egyptian Governm...

Prospective Amendment to Importer Register Law– A Major Leap towards Liberalizing the Market

August 24, 2016
The Economic Committee at the Egyptian House of Representatives has preliminarily approved the draft amendments to the Importers Register Law no. 121/1982 suggested by the Ministry of Trade and Industry, in collabor...

Women’s Rights under Egyptian Law

April 28, 2016
During the latest decades, women in modern Egypt have proven significant role and importance in all aspects of life and were one of the direct generators for the development in the Egyptian society. Under Egyptian l...

Labor Law Seminar

April 28, 2016
Our partner Eman Riad, Head of the Labor & Employment Law team, gave a lecture on labor laws and regulations in Egypt.

New Requirements for Factories and Companies Exporting to Egypt

April 4, 2016
The Minister of Trade and Industry in Egypt has issued new regulations to establish a new registration system for factories and companies qualified to export their products to Egypt. Such regulations shall apply to...

Recent Foreign Currency Regulations in Egypt

April 3, 2016
The foreign currency market in Egypt has witnessed dramatic developments since the start of the 25 January 2011 uprising, the pound began to fall against the dollar and the availability of the foreign currency dropp...