Egypt Releases New Law for Green Hydrogen Incentives

February 4, 2024
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...

Egypt – New Tokenization Regulations to allow contactless payments through smart phone

May 4, 2023
The Central Bank of Egypt (“CBE”) issued new regulations on 8 March 2023 to introduce “Tokenization” services and allow contactless payments through smartphones (the “Regulations”). Tokenization is a process of subs...

Egypt’s VAT on Remote Digital Services

April 27, 2023
The Egyptian Minister of Finance issued Decree 24 of 2023 amending the Executive Regulations of the Value Added Tax Law No. 67 of 2016 (“VAT Law”) to regulate the application of Value Added Tax (“VAT”) on imported r...

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...