Firm Profile > Riad & Riad > Cairo, Egypt

Riad & Riad
25 ABDEL-MONEEM RIAD ST
DOKKI
CAIRO
Egypt

Employment Tier 1

'The team is very responsive and knowledgeable', say clients of Riad & Riad. The firm has one of the most sought after employment and social insurance practices in Egypt, handling employee screening, HR compliance, terminations, restrictive covenants, discrimination and litigation, as well as employment due diligence for large M&A transactions. Eman Riad, who has 'in-depth and practical knowledge of Egyptian labour law and is a pleasure to work with', and the 'practical and commercial' Fatma Salah lead the practice. They act for a diverse group of multinational companies, among them British Airways and G4S.

Practice head(s):

Eman Riad; Fatma Salah

Testimonials

‘The firm has excellent knowledge and professional legal suggestions are provided to meet our demands. We also experience a very good timely manner that is fit for our requirements.’

‘Even in the pandemic situation, appropriate responses and professional advice are provided by email.’

‘The team is very responsive and knowledgeable.’

‘Dr Eman Riad has in-depth and practical knowledge of Egyptian labour law and is a pleasure to work with.’

‘Riad & Riad has been our go-to firm for Egyptian employment law matters for a long time. They are one of the few firms in Egypt with dedicated L&E specialist lawyers.’

‘We regularly receive insightful legal updates from Riad & Riad, always on very timely topics.’

‘The standout practitioners are partners Eman Riad and Fatma Salah. Both often make themselves available at short notice when one of our clients have an urgent issue and the advice received is practical and commercial.’

Key clients

British Airways

G4S

Coats

World Wrestling Entertainment (WWE)

Haier Egypt

K&L Gates LLP

AVIC International

Deloitte Japan Legal

Squire Patton Boggs

Pinsent Masons

Itochu Corporation

Marubeni-Itochu

Medtronic

JETRO

Clariant Company

Gleeds

Doka GMBH

YKK Egypt

Sumitomo Mitsui Banking Corporation

Acino Pharma

ADES

Sony

CMS

Commercial, corporate and M&A Tier 2

Riad & Riad 'provides credible concise advice', according to one client. Another notes the firm's 'proactive approach in trying to find solutions to solve the client's problems in the most efficient and expedient manner'. The firm climbs the rankings due to its increasingly high-profile work in M&A transactions and joint ventures, and its advice on regulatory and corporate governance matters. Fatma Salah, Eman Riad and Mohamed Riad are the lead partners and they are supported by a large team of strong associates including Heba Al Abd and Lina Aboulhassan.

Practice head(s):

Fatma Salah; Eman Riad; Mohamed Riad

Other key lawyers:

Heba Al Abd; Lina Aboulhassan

Testimonials

‘We selected them to support advice to a major international tech company on a multi-jurisdictional product launch because of its reputation in the market and strength across a number of ITC areas.’

‘They provided credible concise advice in a timely manner in line with the client’s mandate.’

‘Our firm has greatly appreciated the proactive approach in trying to find solutions to solve the client’s problems in the most efficient and expedient manner. Our firm has also appreciated the good connections of the firm with other local professionals.’

‘Excellent knowledge and professional legal suggestions being provided to us. We also experienced a good timely manner from this firm.’

‘Even under pandemic situation, smooth communications have been provided through emails and professional knowledge sharing is provided by internet.’

‘Excellent knowledge and good timely manner for our requirements.’

‘Excellent teamwork and seamless cooperation, on-time delivery and quality work like international worldwide known law firms.’

‘I have been working with a team led by Eman Riad and other team members: Fatma Salah, Heba Al Abd and Lina Aboulhassan. They delivered their input on time, their reaction time was perfect, which was crucial, they provided us with a very clear piece of advice and it was indeed a pleasure working with them.’

‘We got the impression that Riad & Riad can deliver tasks in a timely manner with high accuracy.’

‘It has a very proactive team providing fast and efficient answers even in a difficult environment.’

‘The team is very professional and able to explain the complexities of a foreign legal environment helping the client in the process of selecting the correct path. Very unusual for the country to have clear answers to questions.’

Key clients

Haier Group

Savills International

Medtronic

Intercontinental Hotels Group (IHG)

Eni, S.P.A

K2 Partners IV L.P

Maersk Drilling

TouGas Oilfield Solutions GmbH

G4S

Express International

Kellogg’s Tolaram JV

Japan External Trade Organisation (JETRO)

Adeptio AD Investments SPC Ltd

Kubota Corporation

SADA Pack

Exxon Mobil

Goldman Sachs

Haier Raya Electric for Manufacturing

GS

Marakez

Marubeni-Itochu

Sony Middle East and Africa

Acos

AVIC International

Al-Assel

Itochu Corporation

Taisie

WWE

DNV GL

Laboratory Corporation Of America Holdings

BEC

Dispute resolution: litigation Tier 2

Riad & Riad climbs the ranking this year having handled an increasingly diverse range of disputes. Its 12-lawyer team has been involved in matters before the Supreme Constitutional Court, the Court of Cassation and the State Council courts, as well as numerous cross-border matters in sectors including engineering, retail, construction and medical devices. The 'highly experienced' Fatma Salah, the 'excellent and very clear' Eman Riad and versatile litigation partner Mohamed Riad lead the practice, which is 'highly capable and very professional'.

Practice head(s):

Fatma Salah; Eman Riad; Mohamed Riad

Other key lawyers:

Mohamed Abdelaty

Testimonials

‘When dealing with Ms Eman Riad she has been excellent, with very clear responses to our questions.’

‘Dr. Fatma Salah is a well experienced lawyer with 20 years of practice. Mohamed Abdelaty is an associate and part of the dispute resolution team who has immensely contributed to establishing a compelling argument in our recent submission in the on-going case.’

Key clients

Medtronic

British Airways

G4S

Acino Pharma

GS Engineering and Construction

Coats

Al Aseel

DNV GL

Beijing Emirates Construction Group (BEC)

Music and Entertainment Rights Licensing Independent Network Limited

Energy Tier 2

Riad & Riad has 'in-depth knowledge of Egyptian laws which makes its advice reliable', says a client who notes that 'their advice is always given in a commercial context from the perspective of the client'. The firm has experience in both local and cross-border finance transactions, including those focused on the energy, infrastructure and oil and gas sectors. Fatma Salah and Mohamed Riad lead the practice, which has recently been involved in numerous renewable energy projects and was appointed by EBRD to support private sector participation in the electricity market.

Practice head(s):

Fatma Salah; Mohamed Riad

Testimonials

‘Riad & Riad has an in-depth knowledge of Egyptian laws which makes its advice reliable. The team we have been dealing with are also responsive and very professional. Their advice is always given in a commercial context from the perspective of the client.’

‘They seek to use the best available IT infrastructure to enable participation in video or internet calls efficiently which is very important and commendable.’

Key clients

European Bank for Reconstruction and Development (EBRD)

Eni, S.P.A

DNV GL

FAS Energy

ExxonMobil

Sterling & Wilson

Al Hokair Group

Assystem for Engineering Services

Projects and infrastructure Tier 2

Riad & Riad climbs the ranking having been involved in high-value projects, among them a $1.2bn EPC contract with National Authority for Tunnels on behalf of a consortium including China Railway Group and Aviation Industry Corporation of China. Frequently working alongside international counsel, the firm assists developers, sponsors and financial institutions with permitting issues, finance, project documents, corporate structures and a host of other matters. Lead partners Fatma Salah, Eman Riad and Mohamed Riad bring to bear extensive experience in finance, public procurement, construction, regulatory and corporate matters.

Practice head(s):

Fatma Salah; Eman Riad; Mohamed Riad

Key clients

Aviation Industry Corporation of China (AVIC)

ExxonMobil

Kelloggs Tolaram Noodles Egypt

SADA Pack

Taisei Corporation

Marakez

FAS Energy

Airport City Real Estate Co.

Dispute resolution: arbitration Tier 3

Riad & Riad has a dispute resolution group that, although focused more on litigation, is able to handle high-value arbitration cases in major international and domestic fora. Fatma Salah, Eman Riad and Mohamed Riad, whose work includes collective labour disputes and arbitration matters, are the key practitioners. Salah recently represented a Korean company in a CRCICA matter. Senior associate Omayma Ragab is increasingly involved in the firm's major arbitration cases.

Practice head(s):

Fatma Salah; Eman Riad; Mohamed Riad

Other key lawyers:

Omayma Ragab

The firm: Riad & Riad is a full-service Egyptian law firm offering legal services on a wide variety of legal areas. We provide legal advice and represent major local as well international companies and financial institutions from all over the world in relation to their business in Egypt, including the United States, Europe, the Middle East, and Asia.

We distinguish ourselves on the accessibility of our partners. Our partners have hands-on involvement which means that clients can always benefit from their experience. We operate pro-actively to deliver practical, cost effective and relationship-driven client service. The firm’s approach is to assign works to lawyers who have the appropriate level of experience so that the legal fees are commensurate with the complexity of the assignment.

Riad & Riad offers its services in a wide variety of areas with specific focus on corporate, M&A, labour and employment, banking, energy, infrastructure, project finance, litigation and dispute resolution.

Areas of practice: R&R provides legal advice to leading global and domestic corporations, investment banks, private equity providers and state entities from all sectors, in relation to their corporate activity in Egypt. Our services cover corporate secretarial work, mergers & acquisitions of public and private entities, restructurings, private equity and venture capital, shareholders agreements, shareholders and directors’ responsibilities, disclosures obligations and corporate governance.

Our funds and international investment management team has extensive experience in both domestic and cross-border transactions. We advise on fund formation, licensing, tax, transactional as well as M&A. we also advise private equity sponsors and investment funds on their investments and co-investments.

We frequently work together on multi-jurisdictional matters as we are the best friend firm for most of the Magic Circle and Silver Circle law firms, this helps clients to get integrated legal services and successfully close strategic transactions.

We have significant experience in the field of capital markets. We advise a number of national and international clients on a wide range of issues related to securities and derivatives. Our work includes advising on the mandatory purchase offer requirements under the Capital Market Law, preparing the documents required for executing of transactions and obtaining the approval (or exemption) of the Egyptian Financial Supervisory Authority (FRA) and the Egyptian Stock Exchange and dealing with various regulators.

Our energy and project finance team has extensive experience in both local and cross-border finance transactions. We act on behalf of developers, borrowers and financiers in various industrial sectors including renewable energy and infrastructure projects. R&R handles all local legal-related work required to be performed by financing institutions and developers in connection with achieving financial close. R&R works alongside international counsel to ensure that our clients receive a global best practice approach that meets overall project objectives. We have good relations with the governmental authorities and can communicate with them proficiently.

Over the past years, we have successfully built our oil and gas and mineral resources experience. Our team has an established experience in advising IOCs in relation to the Egyptian legal and regulatory frameworks, concession agreements, direct and indirect assignment of rights, pre-emption rights, drafting agreements including services, sales,farm-in/out and joint venture/operation agreements and liaising and negotiating with
the various authorities.

R&R has also accumulated experience in handling employment, labour and social insurance law matters. Riad & Riad is recognized as one of the “go to” labor and employment law firms in Egypt.  The employment team has academic and professional credentials, as well as intensive practical experience.

The banking and project finance team has extensive experience in both domestic and cross-border finance transactions. It advises significant domestic Egyptian and international banks as well as several international financial institutions. The firm acts on behalf of both lenders and borrowers across major industries including renewable energy, oil and gas, and infrastructure projects.

Riad & Riad has also rich practical experience in taxes, trade remedies and customs regulations. Our team combines both the technical knowledge of the various Egyptian tax laws and the hands-on experience. We work with our clients on an on-going basis to identify and maximize tax saving opportunities while minimizing tax liabilities in compliance with the applicable laws and regulations. Our scope of business includes advising on corporate taxes, and income and salaries taxes, foreign remittances, VAT and double taxation agreements. We also provide legal advice on Egyptian customs law, including customs classification, customs valuation, pre-shipment inspection, disputes on rules of origin, import and export licensing, and tariffs.

Riad & Riad has a specialized arbitration and dispute resolution team. The members of our team have extensive experience in handling high-value ad-hoc as well as institutional arbitrations according to the rules of major arbitration institutes including ICC, ICSID and CRCICA. We handle complex litigation with high value and high-profile disputes, involving high strategic advice, multiple practice specialties and cross border proceedings.

Department Name Email Telephone
Corporate, compliance procedures and corporate governance Eman Riad e.riad@riad-riad.com
Joint Ventures and Corporate Formation Fatma Salah f.salah@riad-riad.com
Mergers and acquisitions Mohamed Riad m.riad@riad-riad.com
Mergers and acquisitions Eman Riad e.riad@riad-riad.com
Commercial contracts Fatma Salah f.salah@riad-riad.com
Commercial contracts Eman Riad e.riad@riad-riad.com
Energy and Infrastructure Projects Fatma Salah f.salah@riad-riad.com
Energy and Infrastructure Projects Mohamed Riad m.riad@riad-riad.com
Energy and Infrastructure Projects Heba ElKady h.elkady@riad-riad.com
Oil, Gas and Natural Resources Fatma Salah f.salah@riad-riad.com
Banking Mohamed Riad m.riad@riad-riad.com
Banking Fatma Salah f.salah@riad-riad.com
Projects and construction Fatma Salah f.salah@riad-riad.com
Projects and construction Mohamed Riad m.riad@riad-riad.com
Taxes, Customs Law & Trade Remedies Fatma Salah f.salah@riad-riad.com
Employment and labour Eman Riad e.riad@riad-riad.com
International trade, customs and trade remedies (anti-dumping and safeguards) Fatma Salah f.salah@riad-riad.com
Litigation and dispute resolution Mohamed Riad m.riad@riad-riad.com
Litigation and dispute resolution Omayma Ragab o.ragab@riad-riad.com
Arbitration Fatma Salah f.salah@riad-riad.com
Photo Name Position Profile
Dr Eman Riad  photo Dr Eman Riad Partner
 Mohamed Riad  photo Mohamed Riad Partner
 Dr. Fatma Salah  photo Dr. Fatma Salah Dr. Fatma is the co-founder and managing partner of Riad & Riad…
Number of lawyers : 35
Arabic
English
French
American Chamber of Commerce in Egypt (AmCham)
AHK
British Egyptian Business Association (BEBA)
Office Address : 10 El-Batal Ahmed Abd El-Aziz St.,Floor 12, Dokki, Giza, Egypt.

Legal Framework Of The Pharmaceutical Sector In Egypt

  • Introduction
  • Regulatory Authorities
  • Licensing Pharmaceutical Entities
  • Warehousing
  • Selling Pharmaceutical Factory
  • Drug Registration
  • Drug Marketing & Advertisement
  • Drug Pricing
  • Scientific Offices
  • Drug Manufacturing
  • Drug Distribution
  • Drug Importation
  • Drug Exportation

INTRODUCTION

Having an effective and enforceable legal structure for the pharmaceutical sector is an essential element in achieving the country's goals of accessibility, quality, and rational use of medicine.

This report aims to review the current pharmaceutical sector-related legal provisions in Egypt. The pharmaceutical sector in Egypt is mainly regulated by law No. 127 of 1955 on the Pharmacy Profession (“Pharmacy Law”) and other decrees and internal circulars issued by MoH and its affiliated bodies.

One of the constitutional rights under the Egyptian Constitution, as amended in 2014, is the healthcare right. Part of the healthcare right is the accessibility of medicines in an equal manner and at affordable prices. The Constitution mandates on the Government to spend at least 3% of the GDP on healthcare. Such percentage is supposed to gradually increase to reach the international standards.


Release Of Egypt’s First Central Movable Collateral Registry

The Egyptian Financial Regulatory Authority (“FRA”) announced the launch of the Egypt's first central movable collateral registry.

Egypt had its first Movable Collaterals Law on 15 November 2015 (Movable Collaterals Law no. 115/2015), and the Ministry of Investment passed the Executive Regulations On 15 December 2016.

The law introduced an overarching system for taking non-possessory security over diversified movable assets. It aims at facilitating access to credit through a well-defined legal regime that is in line with the international standards, such as those established by the United Nations Commission on International Trade Law (UNCITRAL) and by the World Bank.