• GAFI New Decree for Representative Offices

    Posted in News on Dec 05, 2018

    A recent decree was issued by GAFI (General Authority for Free Zones and Investment) providing new compliance requirements for representative offices in Egypt (“Decree 742 for 2018” or the “Decree”)

  • R&R Advises the Chinese Consortium to Build the USD 1.2 billion Salam-10th of Ramadan Railway Project

    Posted in News on Oct 29, 2018

    Riad & Riad is appointed as the local legal counsel for the consortium of China Railway Group Limited and AVIC International Holding Corporation in relation to the 10th of Ramadan Railway Project

  • New Public Procurement Law

    Posted in News on Oct 29, 2018

    On 3 October 2018, a new law regulating public procurement was issued in Egypt to replace the Bids and Tenders Law No. 89 of 1998 ("Tender Law"). The new law is titled ‘Law No. 182 of 2018 Regulating Contracts Entered by Public Entitles’ (herein referred to as the “New Public Procurement Law” or the “New Law”).

  • RR Newsletter Issue 10

    Posted in News on Aug 28, 2018

    Legal Updates

  • New Decree for E-collection of Government Dues including Tax and Customs

    Posted in News on Aug 27, 2018

    The Minister of Finance has issued Decree No. 269 of 2018 promulgating the electronic payment and collection system of all government dues including taxes and customs dues (the "Decree").

  • Amendments to Capital Gains Tax

    Posted in News on Aug 27, 2018

    A law was issued to amend Article 42 of the Income Law Tax No. 91 of 2005 (the "Law") regulating capital gains tax on real property.

  • Amendment to the Income Tax Law

    Posted in News on Aug 27, 2018

    Article (8) of the Income Tax Law No. 91 of 2005 ("Tax Law") stipulating the tax rates have been amended by the Law No. 97 of 2018.

  • New Law Regulating the Industrial Development Authority (IDA)

    Posted in News on Aug 27, 2018

    A new law was issued on 11 June 2018 to regulate the Industrial Development Authority (IDA). The Law provides that the IDA is an economic public body with an independent legal personality affiliated to the Ministry of Industry.

  • New Law Regulating Ride-hailing Services

    Posted in News on Aug 27, 2018

    Law No. 87 of 2018 regulating Road Transport Services Using Information Technology is issued in Egypt on 11 June 2018 (the "Law"). The Law is the first law of its kind in the Middle East to regulate ride-hailing services.

  • Regulation of Foreign Universities in Egypt

    Posted in News on Aug 27, 2018

    A law regulating the Establishment of Branches of Foreign Universities in Egypt was issued under no. 162 for 2018 and came into force in August 2018 (the "Law").