Riad & Riad > Cairo, Egypt > Firm Profile
Riad & Riad Offices
25 ABDEL-MONEEM RIAD ST
DOKKI
CAIRO
Egypt
Riad & Riad > The Legal 500 Rankings
Egypt > Employment Tier 1
Riad & Riad’s team is ‘generally great and sophisticated with employment law matters’, covering the range of employment, labour and social insurance laws, including gig work, HR compliance and handbooks, restrictive covenants, discrimination and employment termination. Eman Riad jointly leads the practice and consistently demonstrates ‘outstanding legal knowledge and provides clear legal advice on labour laws’. Co-head Mohamed Riad has a strong reputation for labour and employment disputes, regularly handling a number of complex termination and dismissal cases.Practice head(s):
Eman Riad; Mohamed Riad
Testimonials
‘Riad & Riad provides clear, to-the-point answers to legal consultations from clients in a short period of time. It is assumed that this is due not only to its in-depth legal knowledge, but also to its deep understanding of the client’s actual situation.’
‘Eman Riad provides outstanding legal knowledge and clear legal advice on various laws, as well as labour laws are excellent. We also greatly appreciate her prompt response.’
‘The team is generally great and sophisticated with employment law matters. Eman Riad is the best employment lawyer in Egypt. She managed to combine her academic and practical experience in an exceptional way, delivering a great product!’
‘Deep knowledge of employment legal system in Egypt and great response level.’
Key clients
VFS Global Egypt
Microsoft Egypt
British Airways
G4S
Coats
Clariant
Haier Egypt
Nufarm
AVIC International
Asahi TV-Japan
Kellogg Tolaram
Deloitte Japan Legal
Squire Patton Boggs
Pinsent Masons
Itochu Corporation
Marubeni-Itochu Tubulars
ABC Bank
Medtronic
JETRO
Sumitomo Mitsui Banking Corporation
Acino Pharma
CMS
Techno-Scan
Malaysian Palm Oil Board
Nippon
VFS Investment
Schneider
Work highlights
- Providing Microsoft legal labour and employment advice.
- Assisting the VFS Global Egypt in their daily labour and social insurance matters covering the head-office in Cairo and other branches in different Egyptian cities.
- Providing Squire Patton Boggs with legal advice and with answering a questionnaire – for a client – in relation to data protection and diversity in the workplace.
Egypt > Projects and infrastructure Tier 1
Riad & Riad has an excellent reputation for advising on project and infrastructure work in Egypt, with a particular focus on handling corporate structuring, authorisation, development and financing issues relating to major projects. Mohamed Riad co-heads the practice with Fatma Salah, who regularly advises on major projects in the energy and construction sectors.Practice head(s):
Fatma Salah; Mohamed Riad
Testimonials
‘We have worked with Riad & Riad on upstream oil and gas work. They have good market knowledge, turn around times and up to date market know how.’
‘Fatma Salah is very good.’
Key clients
China State Construction Engineering Corporations Ltd. (CSCEC)
Dessert Technologies Industries
HiiROC Limited
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
Kelloggs Tolaram Noodles Egypt
SADA Pack
Saraya
GS E&C
Taisei Corporation
Airport City Real Estate Co.
Golden Foods for Manufacturing of Pastry
NORINCO International Cooperation Ltd
Sunshine Law Firm
GOPA
NERIC
Legal Solutions Law Firm
Egypt > Commercial, corporate and M&A Tier 2
Riad & Riad’s corporate and M&A team consists of specialists across a broad spectrum of areas, with high-value M&A, joint ventures, regulatory affairs, corporate governance, and commercial contracts considered to be key strengths. Fatma Salah brings strong private equity experience, while Eman Riad and Mohamed Riad have been involved in numerous cross-border M&A transactions. The practice is active in a wide variety of high-growth sectors, including life sciences, pharmaceuticals and TMT.Practice head(s):
Fatma Salah; Eman Riad; Mohamed Riad
Testimonials
‘Eman Riad is very good in legal and tax matters.’
‘Very responsive and professional.’
‘High-quality and prompt responses.’
‘Very responsive and attentive to the details. They are also very helpful about extending their scope of services when required to meet the client’s need.’
Key clients
NORINCO International Cooperation Ltd
Sunshine Law Firm
GOPA Infra
China State Construction Engineering Corporation (CSCEC)
Syneos Health
VFS Global Egypt
Hosoda Egypt
Sipterol
Tahweel Holding
CMS Law Firm Dubai
Paramount Bid
Maersk & RAED Ventures
Eni, S.P.A
ABC Bank
Haier Group
G4S
Medtronic
Yantian International Container Terminals
Kelloggs Tolaram Noodles Egypt
Haier Raya Electric for Manufacturing
SADA Pack
K2 Partners IV L.P
Marubeni-Itochu Tubulars
Tolaram Singapore
Acos (Pedon SPA)
CMS Law Firm
Nufarm
Sumitomo Mitsui Banking Corporation
DNV GL
China Railway Group Limited & AVIC International Holding Corporation
Japan External Trade Organisation (JETRO)
Itochu Corporation
Beijing Emirates Construction Group BEC
Intercontinental Hotels Group (IHG)
Indo British Garments Egypt Co.
Maersk Drilling
Marakez
Chenyee
Fawaz Al-Hokair Group
GS E&C
Stepan Europe S.A.S
NERIC
Legal Solutions
Work highlights
- Advising UAE group CICLO in relation to its joint venture with Hassan Allam Group to implement a water desalination project in Egypt.
- Advising the buyer, SPIC Huanghe Hydropower Development Co., Ltd, on the potential acquisition of a majority share in a target company that holds the development rights of 500MW PV project in Egypt.
- Advising Chinese giant CSCEC China State Construction Engineering Corporations Ltd (CSCEC) on compliance with laws and regulations in Egypt.
Egypt > Dispute resolution: litigation Tier 2
The dispute resolution team at Riad & Riad is well known for appearing before all levels of the Egyptian courts in a wide range of contentious matters. Mohamed Riad is highly regarded for his expertise in IP disputes, while Eman Riad is sought after to advise on labour and employment issues and Fatma Salah handles construction, corporate and pharmaceutical disputes.Practice head(s):
Mohamed Riad; Fatma Salah; Eman Riad
Testimonials
‘Fully experienced and specialised in local law and litigation procedures. Result-oriented and strategic stances in dealing with the cases.’
‘They are all vigilant during the process and always provide the updates in a timely manner with strategic views for our critical decisions.’
Key clients
GS E&C
Acciona
Nufarm
Kellogg Tolaram Noodles Egypt
Beijing Emirates Construction Group (BEC)
Music and Entertainment Rights Licensing Independent Network Limited (MERLIN)
Medtronic
British Airways
Acino Pharma
DNV GL
G4S
Coats
SEDCO
Pedon SPA
Nippon
Paramount Bid
Schneider Electric
Toray
Fernbach
Work highlights
- Representing GS E&C, a Korean architecture and engineering company, in a multi-million dollar dispute with a local subcontractor before Egyptian courts in relation to a payments dispute.
- Represented Paramount Bed in a dispute with one of its local distributors before Egyptian courts concerning the expiry of distribution agreements compensation and debt collection issues.
Egypt > Energy Tier 2
The ‘dedicated and experienced’ energy and project finance team at Riad & Riad is ‘highly knowledgeable’ in both local and cross-border finance transactions, having regularly acted for various clients across the renewable, oil and gas, and infrastructure sectors. Fatma Salah and Mohamed Riad are leading figures within the practice and offer extensive experience resolving energy-related disputes for local and international corporations. The team has also established a strong reputation for advising developers on solar and waste-to-energy projects.Practice head(s):
Fatma Salah; Mohamed Riad
Testimonials
‘Fatma Salah is an extremely well prepared and skilled lawyer.’
‘We have worked with Riad & Riad on upstream matters. They are responsive and offer market and legal knowledge.’
‘Our primary contact is Fatma Salah. She is an impressive lawyer with quick turnaround times.’
‘Riad & Riad have a dedicated and experienced team that are highly knowledgeable and a pleasure to work with.’
Key clients
NERIC (National Egyptian Railway Industries Company)
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
British Petroleum (BP)
ExxonMobil
Maersk Drilling
GS E&C
Assystem for Engineering Services
Bombardier Alstom
Taisei
AVIC International
Saraya
CMS Law Firm
NORINCO International Cooperation Ltd
Work highlights
- Advising Kuwait Energy Egypt in relation to the indirect assignment of Abu Sennan concession agreement with EGPC.
- Advising Exxon Mobil in relation to a Master LNG Sales and Purchase Agreements with an Egyptian counterparty.
- Advising the buyer, SPIC Huanghe Hydropower Development Co., Ltd, in a potential acquisition of a majority shares in a target company that holds the development rights of 500 MW PV project in Egypt.
- Advising HiiROC, an equipment supplier and technology developer headquartered in the United Kingdom, in its potential hydrogen project in Egypt.
- Providing legal advice about the procurement methods that are available under Egyptian law in relation to the project “Energy Efficiency – Accompanying Measures in Egyptian Universities” for the Supreme Council of Universities (SCU) in its capacity as the Project Executing Agency.
Egypt > Dispute resolution: arbitration Tier 3
With established strength in handling labour-related arbitration proceedings, Riad & Riad’s dispute resolution team is also recognised for its capabilities in advising on arbitration proceedings under ICC, ICSID, DIAC and CRCIRA rules. Practice co-head Fatma Salah represents clients in the construction, energy and pharmaceutical sectors, and practice co-head Eman Riad has a strong track record in assisting with employment disputes.Practice head(s):
Fatma Salah; Eman Riad
Testimonials
‘A team of competent local lawyers fully specialised in local law and dispute resolution process.’
‘They are all fully experienced and specialised in dispute resolutions of all magnitude and therefore first choice of ours when considering local law firms. They provide full details of each and every step of the process with strategic solutions in a timely and professional manner, which enable us to make critical decisions to safeguard our interests.’
Key clients
FAS Energy
GS E&C
Acciona
Kellogg Tolaram
SEDCO
British Airways
Brilliance
SEDCO
Work highlights
- Representing GS E&C, a well-known Korean architecture and engineering company, in a dispute with a local subcontractor before the CRCICA.
- Advising Acciona, the Spanish multinational conglomerate in a dispute with the main contractor under the subcontract agreement in relation to the Grand Egyptian Museum project.
Riad & Riad > Firm Profile
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.
Main Contacts
Department | Name | 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 | |
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 |
Lawyer Profiles
Photo | Name | Position | Profile |
---|---|---|---|
Prof Dr Eman Riad | Partner | View Profile | |
Mr Mohamed Riad | Partner | View Profile | |
Prof Dr Fatma Salah | Partner | View Profile |
Staff Figures
Number of lawyers : 30Languages
Arabic English FrenchMemberships
American Chamber of Commerce in Egypt (AmCham) AHK British Egyptian Business Association (BEBA)Other
Office Address : 10 El-Batal Ahmed Abd El-Aziz St., Floor 12, Dokki, Giza, Egypt. :Press Releases
Legal Framework Of The Pharmaceutical Sector In Egypt
6th November 2018
- 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
21st August 2018The 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.
Legal Developments
Egypt’s New Bankruptcy Law
2nd May 2018On 19 February 2018, a new law no. 11/2018 was issued regulating the restructuring, preventive reconciliation and bankruptcy in Egypt (the" Bankruptcy Law"). The law entered into force as of 22 March 2018.
The law introduces for the first time an out-of-court restructuring system which helps troubled companies reorganize their business. In the meant time, courts are given the authority to enforce a restructuring plan if a consensual solution is not reached. Also a new court supervised mediation system is introduced.
Egypt’s New Labor Union Law
23rd April 2018A new labor union organizations law was issued last December under Law No. 213/2017 (the “Law”) replacing previous labor union organizations law No. 35/1976. The Law explicitly provides for the prohibition of establishing labor unions based on religious or political grounds or incorporating discriminative rules in the articles of association of such organizations.
Substantial Amendments To Egypt’s Companies Act
23rd April 2018A new law is issued in Egypt to amend the Joint Stock Companies, Partnerships Limited by Shares and Limited liability Companies, known as the Companies Act no. 159 of 1981 (the "Law"). The amendments are effective as of 17 January 2018.
This report will summarize the main amendments introduced.
- Employment
- Projects and infrastructure