We are delighted to share our recognition at the LegalCommunity MENA Awards 2023 in collaboration with ACC Middle East and North Africa. ADSERO received the following awards: - Law Firm of The Year Litigation - Lawyer of the Year Labour - Alia Monieb, Partner A heartfelt thank you to our clients for providing positive feedback. […]
We are pleased to announce the top 3 articles in the law and artificial Intelligence matter . The articles aim to provide a comprehensive and in-depth analysis of the impact of artificial intelligence on the field of law. You can find the articles here.
We advised The Sovereign Fund of Egypt (TSFE) on signing a partnership agreement with Tanweer for Educational Services to develop the fifth school on Cosmic Village land in the 6th of October City. The partnership entails Tanweer establishing a distinguished French-language school scheduled to commence operations by September 2025, with an enrollment capacity of 2,500 […]
We are thrilled to announce that we acted as the lead legal advisor to Wadi Group Poultry S.A.E and its subsidiaries (“Wadi”), a leading Egyptian Agribusiness, on the investment transaction with Mitsui & Co., Ltd. (“Mitsui”), a global leader in trading and investment group. This strategic investment aims to propel Wadi’s Agribusiness activities in Egypt, […]
On October 31, 2023, Law No. 175 of 2023, amending Income Tax Law No. 91 of 2005, entered into force. The amendment introduces new tax rates and brackets. To learn more, click on the attachment below. If you have any questions, please do not hesitate to contact our team members, Alia Monieb, Partner and Head of […]
We are pleased to share our latest report highlighting the laws and decrees issued in the third quarter of 2023. To access the report, click on the attachment below. If you are interested in acquiring a copy of the legislation and keen on remaining up to date with the most recent laws and decrees, sign […]
We are delighted to announce that ADSERO has been recognized as a “Recommended Firm” by the IFLR1000 EMEA 2023 rankings. In addition, we are proud to share the individual rankings: - Hossam Gramon, Partner and Head of Banking & Project Finance, has been recognized as "Highly Regarded" in the "Banking" and "Project Finance" practice areas […]
Highlights On 29 October 2023, Egypt issued Law No. 173 of 2023 (the “Law”), providing exemptions from certain provisions outlined in the Importers’ Register Law No. 121 of 1982 (the “Importers’ Register Law”) for companies with less than 51% (fifty-one per cent) ownership by Egyptians or no ownership by Egyptians. The Law represents a […]
ADSERO - Ragy Soliman & Partners is proud to announce that we have acted as the Egyptian Local Counsel to the Egyptian Ministry of Finance (MOF) in the first-ever issuance of RMB-denominated bonds (“Panda Bonds”) in the Chinese market at 3.5 billion Renminbi, equivalent to approximately USD 500 million. Accordingly, the sale makes Egypt the […]
ADSERO - Ragy Soliman & Partners is proud to announce that we have acted as the Egyptian Local Counsel to the Egyptian Ministry of Finance (MOF) in the second issuance of the YEN-denominated bonds (“Samurai Bonds”) in the Japanese market at 75 billion Japanese YEN, equivalent to approximately USD 500 million. Our team was led by Hossam Gramon, […]
We are delighted to share that we have won Debt - Equity Deal of the Year presented by IFLR Awards Middle East. This is a testament to the unwavering dedication, resilience, and hard work of our truly exceptional team! About the deal: ADSERO represented the Ministry of Finance in Egypt (MOF) as local Egyptian counsel with regards to […]
Highlights In the spirit of government-led reforms in Egyptian legislation, a significant legal development occurred on 6 August 2023, with the issuance of Law No. 163 of 2023 (the “Law”), establishing the Egyptian Authority for Intellectual Property (“EAIP”). EAIP shall report directly to the Prime Minister and will have jurisdiction over all matters related to […]
ADSERO - Ragy Soliman & Partners is delighted to announce the promotion of several talented individuals to the firm’s partnership. These promotions reflect our commitment to nurturing talent and fostering professional growth, which enables us to deliver outstanding legal services to our clients. As our firm continues to expand its presence in the legal industry, […]
Highlights On 15 June 2023, Law No. 30 of 2023 (the “Law”) was issued, introducing significant amendments (the “Amendments”) to the following tax legislations: Law No. 91 of 2005 regarding the income tax; and Law No. 182 of 2020 regarding the abolishment of the exemptions on income tax granted on the yields of treasury bills […]
Highlights On 25 July 2023, Law No. 160 of 2023 was issued, introducing significant changes (the “Amendment”) to Law No. 72 of 2017, issuing the Investment Law (the “Investment Law”). The Amendment, which entered into force the following day, on 26 July 2023, primarily concerns the general investment incentives and adds special incentives that investment […]
