Economy

There is no accurate data on rental units in Egypt for the lease rights have been extended to next of kin. But it is believed they account for nearly 1.800.000 units, almost 450.000 of which are shut down and unoccupied. [Getty]
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Egypt's Supreme Constitutional Court has annulled the first two articles of the law regulating the tenant-landlord relationship, dubbed 'the old rent law'.

The New Arab
18 November, 2024
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Egypt has suffered from a severe economic crisis which has led to rampant inflation and the devaluation of its currency [Getty]
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Deadlock between Kuwait's parliament and government has hampered the country's economic recovery [Getty]
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Abdel Fattah al-Sisi said that "God was watching" his efforts to improve Egypt's economic situation [Getty]
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