Egypt exempts tourists on direct flights to touristic cities from visa fees

July 13, 2020
The Egyptian Minister of Interior issued Decree No. 945/2020 to exempt tourists on direct flights to touristic cities, Luxor, Sharm Elsheikh and Hurghada, from entry visa fees until the end of October 31 of 2020.

Egypt Sets Waste-to-Energy Tariff

June 24, 2020
The Egyptian Cabinet has approved the Waste-to-Energy tariff at EGP 1.4/Kwh. The approval was issued by virtue of Decree no. 41 of 2019 (the "Decree"). Such tariff shall be applicable until reaching the maximum cont...

Egypt Court Annuls Award against Libya on the Substantive Ground of Fundamental Error of Law

June 17, 2020
In a ‘ground-breaking’ precedential decision, the Cairo Court of Appeal in Egypt ruled that it can review an arbitral award for fundamental errors of law that amount to a violation of public policy or equity and jus...

New Net Metering Rules in Egypt

June 17, 2020
On 28 April 2020, the Egyptian Electricity Utility and Consumer Protection regulatory Agency ("EgyptERA**") issued Decree no. 2 of 2020 (the “Decree”) setting out the new rules for net metering. This Decree is effec...

What to do if an employee is infected with COVID-19?

June 17, 2020
Report to the authorities If one of your employee is diagnosed with COVID-19 or exposed to someone with COVID-19, you, as the employer, or the responsible manager of the entity, is required to report the case to the...

Riad & Riad advises and represents Haier Electric on its joint venture with Raya to establish home appliances factory in Egypt

June 14, 2020
Riad & Riad has advised and represented Haier ­Group, the Chinese multinational home appliances and electric company on its joint venture with Raya Group for the establishment of home appliance manufacturing project...

العودة الآمنة إلي العمل – قواعد ارشادية لمنظمة العمل الدولية للوقاية من فيروس كورونا

June 14, 2020
أصدرت منظمة العمل الدولية في شهر مايو 2020 دليل استرشادي إلى أصحاب الأعمال بشأن الوقاية من فيروس كورونا وذلك مع الاتجاه العام نحو عودة الحياة تدريجيا إلي طبيعتها مع الالتزام بالتدابير الاحترازية اللازمة لمنع انتشار...

New Financial Relief Measures in Response to COVID-19 – Egypt

May 11, 2020
A new law is issued in Egypt authorizing the Cabinet of Ministers to take a number of financial relief measures to mitigate the implications of COVID-19 on the most affected business sectors. The law is issued under...

COVID 19 – Electronic Signatures Admissibility in Egypt

May 7, 2020
It is expected that electronic signature will be increasingly used in the awake of the COVID-19 pandemic and the resulted social distancing measures imposed by governments and implemented by the different entities....

Employees Emergency Fund in Egypt and its Expected Role during ‎COVID-19 Outbreak‎

April 1, 2020
In the wake of the global COVID-19 outbreak, companies and employers started to consider the various legal alternatives to combat the negative economic impact of the forced closure or the ‎reduction of their busines...

RR NEWSLETTER ISSUE 16

March 23, 2020
Legal Updates

Investment Incentives for Expansions of Existing Project

March 23, 2020
On 18 February 2020, the Egyptian Prime Minister issued Decree no. 6/2020 (the “Decree”) to ‎grant expansions of existing projects in Egypt the same incentives as the newly established ‎projects under the Egyptian I...

COVID-19 Outbreak – Employment Law Consideration in Egypt

March 18, 2020
We have been asked by a large number of companies and business owners in Egypt about the precautionary measures that can be taken inside their workplaces to contain the COVID-19 outbreak while ensuring the continuit...

New Requirement to Disclose Ultimate Beneficial Owners

March 15, 2020
A new regulation was yesterday to require all companies in Egypt to disclose the ultimate beneficial owners who have actual ownership or control over the company. The regulation is issued by Ministerial Decree No. 4...

New Mandatory Compliance Requirement for Listed Companies in Egypt

March 10, 2020
The Egyptian Financial Regulatory Authority issued Decision No. 1 for 2020 to amend the Rules of Listing and Delisting Securities at the Egyptian Stock Exchange issued in 2014 ("Listing Rules"). The amendment impose...

Summary Note on Egypt’s New Social Insurance Law

March 8, 2020
A new social insurance law was issued in Egypt in August 2019 under the name of the Comprehensive Social Insurance Law No. 148/2019 (“New Law”) with an effective date in January 2020.

Branded Residence in Egypt | Legal Framework

March 2, 2020
Content Introduction Does Branded Residence Fall into the Hospitality Class? Common Property (Strata) Title Under Egyptian Law Occupant Union>/li> Branded Residence Legal Documentation How to preserve the Operator’s...

RR NEWSLETTER ISSUE 15

December 4, 2019
Legal Updates

R&R Co-sponsor ALB UAE InHouse Legal Summit 2019

December 4, 2019
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 he...

Employee Rights on Business Transfers

November 26, 2019
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.

New Law on the Egyptian Drug Authority and the Unified Medical Procurement System

November 20, 2019
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 Authori...

Egypt Imposes Restrictions on Foreign Ownership of Real Estate Brokerage Companies

November 1, 2019
On 13 October 2019, the Minister of Trade and Industry issued Decree No. 827 of 2019 amending the Executive Regulations of the Commercial Agency and Brokerage Law No. 120 for 1982.

RR NEWSLETTER ISSUE 14

August 28, 2019
Legal Updates

R&R advise Saudi’s FAS Energy in singing MOU with NUCA for Waste-to-Energy Station in East Cairo

August 28, 2019
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...