News


  • Procurement Rules of Damietta Port Authority

    Posted in News on Mar 11, 2017

    The board of directors of Damietta Port Authority issued Decree no. 137 of 2017 on the Procurement Regulations of Damietta Port Authority.

  • Executive Regulations of VAT Law Released

    Posted in News on Mar 10, 2017

    Executive Regulations of VAT Law Released The Minister of Finance issued Ministerial Decree no. 66 of 2017 promulgating the Executive Regulations of the VAT Law no. 67 of 2016.

  • R&R Represents FAS Energy in Successfully Achieving Financial Closure for Solar PV Project in Benban

    Posted in News on Mar 10, 2017

    Riad & Riad is glad to be representing one of the few developers who succeeded to achieve financial closure in Round 1 of the Feed-in-Tariff (FiT) project in Benban in Upper Egypt.

  • New Rules for Land Development in Sinai

    Posted in News on Mar 09, 2017

    The Prime Minister issued Decree no. 215 of 2017 amending the executive regulations of Law no. 14 of 2012 on the Development of Sinai Peninsula. Sinai Peninsula under this law refers to the Governorates of North Sinai and South Sinai and the areas locating inside the administrative boundaries of Suez, Ismailia and Port Said.

  • New Accounting Standard for EGP Free Floatation

    Posted in News on Mar 09, 2017

    The Minister of Investment issued Decree no. 16 of 2017 to add a new annex (Annex A) to the Egyptian Accounting Standard no. (13) concerning "The Effects of Changes in the Prices of Foreign Currencies".

  • R&R Releases Report on Legal Framework of Pharmaceutical Sector in Egypt

    Posted in News on Mar 09, 2017

    Our Partner and her team released a summary report outlining the legal structure of the pharmaceutical sector in Egypt.

  • R&R Contributes to the World Bank Report on PPP

    Posted in News on Mar 08, 2017

    Riad & Riad Contributes to Egypt's section in the Word Bank Benchmarking Public-Private Partnership Procurement Report.

  • Transportation of Goods by Egyptian Railways

    Posted in News on Mar 07, 2017

    The Minister of Transportation issued Decree no. 722 of 2016 regarding the Rules of Transportation of Goods by Egyptian Railways has been published in the Official Gazette on 15 February 2017.

  • Significant Amendments to Egypt’s Importers Register Law

    Posted in News on Mar 07, 2017

    A long waited law is issued on the 7th of March 2017 to amend the Importers Register Law no. 121 of 1982. The amendment aims at reorganizing the importation business in Egypt, establishing a competitive and transparent market and kerbing the entry of 'low quality' commodities.

  • FiT Program in Benban – Amendment of the Cost Sharing Agreement

    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.