Projects

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...

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...

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 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...

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...

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 ...

Egypt – Amendment to the Investment Law

November 4, 2023
With the aim of creating an attractive climate for investment and streamline investment procedures, the Egyptian government introduced important amendments to the Investment Law No. 72 of 2017 (“Investment Law”) by...

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...

New Regulations for Solar PV Self-Consumption Projects – Egypt

January 27, 2023
The Egyptian Electric Utility & Consumer Protection Regulatory Agency (EgyptERA) issued Circular No. 3 for 2023 to regulate the licensing procedures and requirements for solar self-consumption plants (“Regulatio...

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...

New Rules for Allocation of Industrial Land with Installed Utilities

October 16, 2022
In an effort to expand local manufacturing, the Egyptian Cabinet issued Decree No. 3308 of 2022 facilitating the allocation process and pricing mechanism of industrial land with installed Utilities (“Decree”). The D...

Decennial Liability Insurance – New Rules in Egypt

October 16, 2022
What is Decennial Liability? The Egyptian legislator adopted the concept of decennial liability. It is a ten years liability imposed on contractors and architects/engineer, jointly and severally for: any total or pa...

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...

New Rules for Developing Off-plan Properties in Egypt

August 17, 2022
The Prime Minister has recently issued the Decree No. 2184 of 2022 (“Decree”) implementing new rules to govern real estate developers and the sale of off-plan properties. The Decree creates greater protections for b...

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...

Egypt’s Investment Regulations

November 20, 2021
IntroductionScope of ApplicationInvestment Law Objectives and PrinciplesInvestment GuaranteesInvestment IncentivesExpansion of Existing ProjectsCorporate Social ResponsibilityFDI Reporting RequirementsReturn of Priv...

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