Posted in News on Jul 06, 2017
On 14 June 2017, the Central Bank of Egypt (“CBE”) issued the long waited decision to remove the restrictions previously imposed on individuals’ transfer of foreign currencies outside Egypt.
Posted in News on Jul 04, 2017
The new investment law no. 72 of 2017 is ratified and officially published on the 31st of May 2017.
Posted in News on Jul 01, 2017
On the 1st of June 2017, the Minister of Trade and Industry has issued the Decree no.846 of 2017 promulgating a new executive regulation for the Importer Registry Law No. 121 of 1982
Posted in News on Jun 28, 2017
On 24 May 2017, President Abdel Fattah El-Sisi issued the new law no. 94 of 2017 for Non-Governmental Organization.
Posted in News on Jun 15, 2017
On 31 May 2017, the new Sports Law no. 71 of 2017 was issued to regulate the sports’ activities in Egypt (the “Sports Law”).
Posted in News on Jun 03, 2017
The new investment law no. 72 of 2017 is ratified and officially published on the 31st of May 2017 (the “Investment Law”). The law comes into effect the next day and it cancels and replaces the Investment Guarantees and Incentives Law no. 8 for 1997 (“Law 8/1997”). The aim of the law is generally to attract new investments to Egypt through offering further incentives and guarantees, removing obstacles and streamlining the procedure.
Posted in News on May 28, 2017
On 14th May 2017, The Minister of Investment issued Decree no. 94 of 2017 amending the third paragraph of Article 203 of the executive regulation of the Companies Law.
Posted in News on May 09, 2017
Legal Updates and Riad&Riad news.
Posted in News on May 07, 2017
The long-waited law on the Simplification of Industrial Licensing Procedures is finally issued on 8 May 2017 by virtue of Law no. 15 of 2017 ("Law"). The Law is a major step toward streamlining the licensing procedures which is one of the chronical challenges facing the industrial sector in Egypt.
Posted in News on May 04, 2017
Legal 500 carried out an interview with our partner Dr. Eman Riad to give her insights on how the firm is acting to cope with the changing needs of the legal market in Egypt.