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.
Posted in News on Mar 06, 2017
In a roundtable organized by the British Egyptian Business Association, our partner, Dr. Fatma Salah, spoke about the regulatory challenges facing the manufacturing sector in Egypt.
Posted in News on Feb 21, 2017
The Feed-in-Tariff Unit at the Egyptian Electricity Transmission Company (EETC) invited qualified developers of PV and wind projects yesterday, 20 February 2017, to discuss and coordinate for Round II of the FiT program. R&R was attending the meeting and is happy to summarise its minutes
Posted in News on Feb 16, 2017
أصدر مجلس الشعب بتاريخ بتاريخ 5 فبراير 2016 القانون رقم 6 لسنة 2017 بشأن تعديل مواد القانون رقم 7 لسنة 2000 والصادر بإنشاء لجان التوفيق في المنازعات التي تكون الوزارات والأشخاص الاعتبارية العامة طرفًا فيها.
Posted in News on Jan 25, 2017
Legal Updates and Riad and Riad news.
Posted in News on Jan 24, 2017
A draft new law on labor and employment is under discussion by the Government to replace the current Labor Law no. 12 for 2003.
Posted in News on Jan 24, 2017
Article (126) of the Central Bank and Banking Sectors Law no. 88/2003 (Banking Law) was amended to impose harsher penalties for violations of the requirement to deal in EGP locally.
Posted in News on Jan 24, 2017
In response to price increases resulted from free floating the Egyptian currency last November, the Minister of Finance issued Decree No. 426 of 2016 to amend the Executive Regulation of the Tenders and Bids Law.
Posted in News on Jan 24, 2017
The first law issued by the Parliament in 2017 is a long-waited one establishing a central regulatory authority to be responsible for food safety, it is the National Food Safety Authority (NFSA).