Egypt will guarantee suitable alternative housing for all eligible tenants affected by its newly approved old rent law before the end of the seven-year transition period, Minister of Parliamentary Affairs Mahmoud Fawzy said Wednesday. Speaking at a press conference alongside Prime Minister Mostafa Madbouly, Minister Fawzy stressed that "no family will be left without a home" as the government implements Law No. 164 of 2025, which aims to resolve decades-old disputes between landlords and tenants. The law, passed after months of parliamentary debate, will liberalise pre-1996 lease contracts after seven years for residential units and five years for non-residential units. Minister Fawzy said liberalisation means renegotiating terms, not forced eviction, and that landlords must obtain a court order if no agreement is reached. The legislation also sets new minimum rents starting September 2025, varying by district type, and empowers governors to classify areas as premium, middle-income, or economic. Minister Fawzy said the government will offer various housing options—high-end, middle-income, and economic—through rental, rent-to-own, and ownership schemes. He underscored that the law will be applied "in a fair and balanced way" without favouring landlords or tenants. Attribution: Amwal Al Ghad English
