Egypt explores options to implement court ruling on old rents ...Egypt

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Egypt explores options to implement court ruling on old rents
Prime Minister Mostafa Madbouly assured that the state is considering all possible scenarios for implementing the Constitutional Court ruling regarding old rents. The Prime Minister stated in a press conference on Thursday that the government is working in coordination with the House of Representatives to develop various scenarios for implementing the court’s ruling. Last Saturday, Egypt’s Supreme Constitutional Court ruled that the fixed annual rent for residential properties, as stipulated in Law No. 136 of 1981, is unconstitutional. The ruling stated that the legislature must intervene to achieve balance, preventing landlords from exploiting tenants’ need for housing by imposing exorbitan

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