Riad & Riad > Cairo, Egypt > Firm Profile

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

Egypt > Employment Tier 1

Riad & Riad’s full-service employment offering has a proven track record in all types of employment agreements, employee transfers and terminations, ESOP, profit-sharing schemes, and collective labour disputes. Co-leading the team are Eman Riad, a trusted adviser for high-level management committees, and Mohamed Riad, who specialises in employment and labour disputes for MNCs, and has developed a niche focus on cases related to terminations and dismissals.

Practice head(s):

Eman Riad; Mohamed Riad

Key clients

Amazon

Project HOPE

HCL Technologies Limited

Toyota Tsusho Corporation

FUJIFILM Middle East

Colorcon Limited

Kronospan

VFS Global Egypt

Microsoft Egypt

British Airways

Sumitomo Mitsui Banking Corporation

AVIC International

Squire Patton Boggs

CMS

Acino Pharma

Medtronic

Coats

JETRO

Marubeni-Itochu Tubulars

Deloitte Japan Legal

Itochu Corporation

Clariant

Nufarm

Pinsent Masons

Schneider Electric

Nippon

Malaysian Palm Oil Board

G4S

Work highlights

  • Advised Squire Patton Boggs on data protection topics and diversity in the workplace.

Egypt > Commercial, corporate and M&A Tier 2

The corporate and commercial team at Riad & Riad is engaged by international businesses, investment banks, private equity providers and Egyptian state entities. The team is particularly adept at advising clients on M&A transactions, the establishment of legal entities, joint ventures, corporate governances and commercial contracts. Dr Fatma Salah and Mohamed Riad bring extensive experience handling cross-border corporate transactions across a variety of sectors. Additionally, Eman Riad is a key practitioner for M&A, joint ventures and commercial contracts.

Practice head(s):

Fatma Salah; Eman Riad; Mohamed Riad

Key clients

Kronospan

Ezdihar Medical

SaintGull Information andTechnology Co. Ltd.

Snibe

AMT Law Firm

HIKOKI Power Tools Asia

Cotecna Trade Support Company

Gro-Pro Corporation

GSK

Kellogg Toloram

Meizu

Tahweel

Goldman Sachs

Legal Solutions

NERIC

Sunshine Law Firm

China State Construction Engineering Corporation (CSCEC)

VFS Global Egypt

Syneos Health

Sumitomo Mitsui Banking Corporation

Dessert Technologies Industries

NORINCO International Cooperation Ltd

GOPA Infra

Sipterol

Paramount Bid

Maersk & RAED Ventures

Eni, S.P.A

Shenzhen Yantian Port Group Co.

Chenyee

Medtronic

G4S

SADA Pack

Marubeni-Itochu Tubulars

Nufarm

Marakez

China Railway Group Limited & AVIC International Holding Corporation

Japan External Trade Organisation (JETRO)

Itochu Corporation

Indo British Garments Egypt Co.

Work highlights

  • Assisting Kronospan, a leading Austrian-founded, international company that manufactures and distributes wood-based panels in acquiring a controlling majority of the share capital of one of the leading companies in the field of wood manufacturing in Egypt.
  • Advising the Chinese giant, CSCEC China State Construction Engineering Corporations Ltd (CSCEC) and providing a comprehensive report on corporate and compliance laws and regulations in Egypt including Investment Law, Corporate, Employment, Taxation, Environment, Procurement Laws, related to their project expansions in Egypt.
  • Assisting SPIC Huanghe Hydropower Development Co. in advising its client China Power Investment Holding Ltd, to acquire shares in Abydos Solar Power Company in Egypt. Abydos Company undertakes a project consists of the development, financing, construction, operation and maintenance of a 500MW solar PV power plant in Aswan Governate, Egypt, under the terms of a 25-year Power Purchase Agreement with the Egypt Electricity Transmission Company, fully guaranteed by Egypt’s Ministry of Finance.

Egypt > Dispute resolution: litigation Tier 2

Riad & Riad has a strong track record handling complex litigation for multinational corporations, particularly in the employment, pharmaceutical, manufacturing and construction areas. The team is helmed by three specialists: Mohamed Riad , who focuses on trade and IP disputes; Fatma Salah, who spearheads construction, corporate and pharmaceutical disputes; and Eman Riad, a trusted advisor for employment litigation.

Practice head(s):

Mohamed Riad; Fatma Salah; Eman Riad

Key clients

Toyota Tsusho Corporation

GS E&C

Brilliance

Acciona

Toray

Nufarm

Toyota Tsusho Corporation

British Airways

Kellogg Tolaram Noodles Egypt

Medtronic

DNV GL

Nippon

G4S

Coats

Paramount Bid

Schneider Electric

Work highlights

  • Representing Toray International, the medical equipment manufacturing arm of the leading Japanese group, a multinational corporation headquartered in Japan, in its dispute with its local distributor over the termination of their agreement.

Egypt > Projects and infrastructure Tier 2

Riad & Riad is adept at handling all stages of energy and infrastructure project development. The team’s expertise encompasses project proposals, compliance, negotiations and financing. Mohamed Riad leads the practice alongside Fatma Salah, who specialises in complex energy and construction projects.

Practice head(s):

Dr. Fatma Salah; Mohamed Riad

Key clients

Chengdu Building Materials

China Gezhouba Group Overseas Investment

Gro-Pro Corporation

CSCEC

Tahweel

Syneos Health

NERIC

HiiROC Limited

Legal Solutions

China State Construction Engineering Corporations Ltd

Kellogg Tolaram Noodles Egypt

GOPA Infra

NORINCO International Cooperation Ltd

Bombardier Alstom

Fawaz Al-Hokair Group

DNV GL

Eni, S.P.A

Aviation Industry Corporation of China (AVIC)

FAS Energy

ECS – Energy and Contracting Solutions

Acciona

SADA Pack

Saraya

Taisei Corporation

Airport City Real Estate Co.

Sun in motion

Assystem for Engineering Services

Exxon Mobil

Golden Foods for Manufacturing of Pastry

Work highlights

  • Advising China Gezhouba Group Overseas Investment on its prospective hydrogen project in Egypt.
  • Assisting NERIC in relation to its participation in the tender announced by the Egyptian National Railway Authority for the manufacturing/assembling and supply of 500 rolling stock units and providing related operation and maintenance services.
  • Providing services to a major manufacturing company in connection with the supply of materials for further delivery for the construction of aDabaa Nuclear Power Station in Alamien.

Egypt > Energy Tier 3

Riad & Riad is adept at advising on both local and cross-border energy transactions, frequently assisting developers, borrowers and investors. The team has developed significant experience advising developers in solar and waste-to-energy projects. Dr. Fatma Salah and Mohamed Riad co-head the team, with each bringing over two decades of experience advising on conventional and renewable energy matters related to compliance, financing and disputes.

Practice head(s):

Dr. Fatma Salah; Mohamed Riad

Key clients

Legal Solutions

Kuwait Energy Egypt

China Gezhouba Group Overseas Investment

HiiROC

Desert Technologies Industries

SPIC Huanghe Hydropower Development Co., Ltd

Exxon Mobil

GOPA Infra

ENAP Sipetrol Egypt

EBRD – European Bank for Reconstruction and Development

Al-Hokair Group

Eni, S.P.A

ECS (Energy and Contracting Solutions)

FAS Energy

Sun in Motion

Assystem for Engineering Services

British Petroleum (BP)

Maersk Drilling

GS E&C

TSR (Thani Stratex Resources)

ALS

Bombardier Alstom

Taisei

AVIC International

Saraya

NORINCO International Cooperation Ltd

Work highlights

About the firm: Riad & Riad is a full-service law firm in Egypt offering legal services on a wide variety of legal areas. The firm provides legal advice and represent major local and international companies and financial institutions from all over the world in relation to their business in Egypt.

The firm distinguishes itself on the accessibility to its partners. They operate pro-actively to deliver practical, cost effective and relationship-driven client service. The firm’s approach is to assign work 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 multinational and domestic corporations, investment banks, private equity funds and state entities from all sectors. 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, data protection, consumer protection and anti-trust and protection of competition.

The 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.

The firm frequently works on multi-jurisdictional matters as they 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.

The firm has significant experience in the field of capital markets. They advise a number of national and international clients on a wide range of issues related to securities and derivatives. The firm’s 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.

The Firm’s energy and project finance team has extensive experience in both local and cross-border finance transactions. They 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. They have good relations with the governmental authorities and can communicate with them proficiently.

Over the past years, Riad & Riad has successfully built its oil and gas and mineral resources experience. Its 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.

Riad & RIad has also accumulated experience in handling employment, labour and social insurance law matters. The firm is recognized as one of the “go to” labour 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. The team combines both the technical knowledge of the various Egyptian tax laws and the hands-on experience. They work with 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. The 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 the 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 [email protected]
Joint Ventures and Corporate Formation Fatma Salah [email protected]
Mergers and acquisitions Mohamed Riad [email protected]
Mergers and acquisitions Eman Riad [email protected]
Commercial contracts Fatma Salah [email protected]
Commercial contracts Eman Riad [email protected]
Energy and Infrastructure Projects Fatma Salah [email protected]
Energy and Infrastructure Projects Mohamed Riad [email protected]
Oil, Gas and Natural Resources Fatma Salah [email protected]
Banking Mohamed Riad [email protected]
Banking Fatma Salah [email protected]
Projects and construction Fatma Salah [email protected]
Projects and construction Mohamed Riad [email protected]
Taxes, Customs Law & Trade Remedies Fatma Salah [email protected]
Employment and labour Eman Riad [email protected]
International trade, customs and trade remedies (anti-dumping and safeguards) Fatma Salah [email protected]
Litigation and dispute resolution Mohamed Riad [email protected]
Litigation and dispute resolution Omayma Ragab [email protected]
Arbitration Fatma Salah [email protected]
Photo Name Position Profile
Eman Riad photo Prof Dr Eman Riad Partner
Mohamed Riad photo Mr Mohamed Riad Partner
Fatma Salah photo Prof Dr Fatma Salah Partner
Number of lawyers : 30
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.