Egypt
President Abdel-Fattah El-Sisi has ratified a law amending Egypt’s decades-old rent system, marking a major shift in landlord-tenant relations. The move follows the law’s approval by the House of Representatives on 2 July and its publication in the Official Gazette on Monday, 4, August. The new law introduces transitional periods before existing contracts are terminated, seven years for residential units and five years for non-residential ones. After this period, rental agreements will no longer be governed by the old rent…
