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Source: بوابة الشروق
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Source: بوابة الشروق
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The Egyptian Council of Ministers has approved the extension of the deadline for citizens wishing to acquire alternative units under the old rent law by three months, until October 12, 2026. Additionally, it authorized the establishment of an investment zone in the "Al Borg" project in New Cairo, spanning approximately 84 acres, with an estimated investment of 7.6 billion Egyptian pounds, and the creation of around 15,000 direct and indirect jobs. This move reflects the government's efforts to strengthen infrastructure, promote investment, and regulate the relationship between landlords and tenants in the real estate market.
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