News


  • New Net Metering Rules in Egypt

    Posted in News on Jun 17, 2020

    On 28 April 2020, the Egyptian Electricity Utility and Consumer Protection regulatory Agency ("EgyptERA**") issued Decree no. 2 of 2020 (the “Decree”) setting out the new rules for net metering. This Decree is effective as of 20 May 2020 and it replaced previous decrees announced by EgyptERA in relation to net metering to the extent such decrees contradict with the provisions of the new Decree.

  • What to do if an employee is infected with COVID-19?

    Posted in News on Jun 17, 2020

    Report to the authorities

    If one of your employee is diagnosed with COVID-19 or exposed to someone with COVID-19, you, as the employer, or the responsible manager of the entity, is required to report the case to the competent Health Office.

  • Riad & Riad advises and represents Haier Electric on its joint venture with Raya to establish home appliances factory in Egypt

    Posted in News on Jun 14, 2020

    Riad & Riad has advised and represented Haier ­Group, the Chinese multinational home appliances and electric company on its joint venture with Raya Group for the establishment of home appliance manufacturing project in Egypt.

  • العودة الآمنة إلي العمل – قواعد ارشادية لمنظمة العمل الدولية للوقاية من فيروس كورونا

    Posted in News on Jun 14, 2020

    أصدرت منظمة العمل الدولية في شهر مايو 2020 دليل استرشادي إلى أصحاب الأعمال بشأن الوقاية من فيروس كورونا وذلك مع الاتجاه العام نحو عودة الحياة تدريجيا إلي طبيعتها مع الالتزام بالتدابير الاحترازية اللازمة لمنع انتشار فيروس كورونا وتمكين العاملين من العمل بشكل آمن.

  • New Financial Relief Measures in Response to COVID-19 – Egypt

    Posted in News on May 11, 2020

    A new law is issued in Egypt authorizing the Cabinet of Ministers to take a number of financial relief measures to mitigate the implications of COVID-19 on the most affected business sectors. The law is issued under No. 24/2020 (hereinafter the “Law”).

  • COVID 19 – Electronic Signatures Admissibility in Egypt

    Posted in News on May 07, 2020

    It is expected that electronic signature will be increasingly used in the awake of the COVID-19 pandemic and the resulted social distancing measures imposed by governments and implemented by the different entities.
    E-signature is recognized in Egypt since 2004 with the issuance of Law No. 15/2004 on the Electronic Signature and the Establishment of the Information Technology Industry Development authority (“E-signature Law”) and its Executive Regulation issued by virtue of Communication Minister’s decree No. 109/2005 (the “Executive Regulation” or “ER”).

  • Employees Emergency Fund in Egypt and its Expected Role during ‎COVID-19 Outbreak‎

    Posted in News on Apr 01, 2020

    In the wake of the global COVID-19 outbreak, companies and employers started to consider the various legal alternatives to combat the negative economic impact of the forced closure or the ‎reduction of their businesses. Such alternatives include – for example - collective layoff and ‎redundancies, furloughing employees, granting obligatory annual leaves and reducing salaries.

  • RR NEWSLETTER ISSUE 16

    Posted in News on Mar 23, 2020

    Legal Updates

  • Investment Incentives for Expansions of Existing Project

    Posted in News on Mar 23, 2020

    On 18 February 2020, the Egyptian Prime Minister issued Decree no. 6/2020 (the “Decree”) to ‎grant expansions of existing projects in Egypt the same incentives as the newly established ‎projects under the Egyptian Investment Law no. 71/2017 (the “Investment Law”).‎

  • COVID-19 Outbreak – Employment Law Consideration in Egypt

    Posted in News on Mar 18, 2020

    We have been asked by a large number of companies and business owners in Egypt about the precautionary measures that can be taken inside their workplaces to contain the COVID-19 outbreak while ensuring the continuity of the work inside the company.