Posted in News on Jan 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 for the years 2013, 2014 and 2015.
Posted in News on Jan 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).
Posted in News on Jan 19, 2017
Our partner Dr. Fatma Salah gave a seminar to the Japanese business community on the Egyptian corporate governance rules.
Posted in News on Dec 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 approval. The purpose of the prospective law is to enhance and develop vehicles industry and feeders industries in Egypt (the “Industry”).
Posted in News on Nov 09, 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.
Posted in News on Sep 06, 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.
Posted in News on Aug 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 Government on the Polyethylene terephthalate (PET) imported into Egypt.
Posted in News on Aug 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 collaboration with the Federation of Egyptian Chambers of Commerce.
Posted in News on Apr 28, 2016
Our partner Eman Riad, Head of the Labor & Employment Law team, gave a lecture on labor laws and regulations in Egypt.