24 Hrs
Source:
الموجز
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Source: الموجز
24 Hrsالموجز
Source: الموجز
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Starting tomorrow, Tuesday, an annual increase of 15% will be applied to the rental value of units subject to the old rent law. This comes a year after the issuance of Law No. 164 of 2025, which restructured the relationship between landlords and tenants. The purpose of the increase is to restore balance to the rental relationship, but there are concerns about its impact on low-income individuals and vulnerable groups, especially the elderly and pensioners. Parliament is discussing the possibility of introducing amendments to the law to alleviate the burdens and provide greater protection for affected groups. The calculation of the increase still depends on area classifications and the type of unit, with a minimum increase set at 400 Egyptian pounds per month for mid-range areas and 1,000 Egyptian pounds for more upscale areas.
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