Posted in News on Mar 10, 2017
Executive Regulations of VAT Law Released The Minister of Finance issued Ministerial Decree no. 66 of 2017 promulgating the Executive Regulations of the VAT Law no. 67 of 2016.
Posted in News on Mar 10, 2017
Riad & Riad is glad to be representing one of the few developers who succeeded to achieve financial closure in Round 1 of the Feed-in-Tariff (FiT) project in Benban in Upper Egypt.
Posted in News on Mar 09, 2017
The Prime Minister issued Decree no. 215 of 2017 amending the executive regulations of Law no. 14 of 2012 on the Development of Sinai Peninsula. Sinai Peninsula under this law refers to the Governorates of North Sinai and South Sinai and the areas locating inside the administrative boundaries of Suez, Ismailia and Port Said.
Posted in News on Mar 09, 2017
The Minister of Investment issued Decree no. 16 of 2017 to add a new annex (Annex A) to the Egyptian Accounting Standard no. (13) concerning "The Effects of Changes in the Prices of Foreign Currencies".
Posted in News on Mar 09, 2017
Our Partner and her team released a summary report outlining the legal structure of the pharmaceutical sector in Egypt.
Posted in News on Mar 08, 2017
Riad & Riad Contributes to Egypt's section in the Word Bank Benchmarking Public-Private Partnership Procurement Report.
Posted in News on Mar 07, 2017
The Minister of Transportation issued Decree no. 722 of 2016 regarding the Rules of Transportation of Goods by Egyptian Railways has been published in the Official Gazette on 15 February 2017.
Posted in News on Mar 07, 2017
A long waited law is issued on the 7th of March 2017 to amend the Importers Register Law no. 121 of 1982. The amendment aims at reorganizing the importation business in Egypt, establishing a competitive and transparent market and kerbing the entry of 'low quality' commodities.
Posted in News on Mar 06, 2017
The Feed-in-Tariff Unit at the Egyptian Electricity Transmission Company (EETC) announced today to the developers in Round 1 and Round 2 of the FiT Program the estimated increase in the cost of the interconnection works at Benban site. This increase retunes to the free floatation of the EGP which had its implication on the cost of the equipment and interconnection work.
Posted in News on Mar 06, 2017
The Egyptian Electricity Transmission Company (EETC) has finally announced the developers who succeeded to achieve financial closure under Round 1 of the feed-in tariff program in Benban, in Upper Egypt. The developers are FAS Energy, Infinite and Elf...Riad & Riad is proud to be part of the success as it acts as the legal advisor of FAS Energy, one of the winners.