{"id":667717,"date":"2025-07-01T00:00:00","date_gmt":"2025-07-01T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/07\/01\/old-rent-law-debate-postponed-amid-parliamentary-objections\/"},"modified":"2025-07-01T00:00:00","modified_gmt":"2025-07-01T00:00:00","slug":"old-rent-law-debate-postponed-amid-parliamentary-objections","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/07\/01\/old-rent-law-debate-postponed-amid-parliamentary-objections\/","title":{"rendered":"Old rent law debate postponed amid parliamentary objections"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good afternoon, friends. <\/strong>We\u2019re racing towards the final stretch of the week and into the long weekend. The news cycle appears to be taking a breather, and so should you. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">THE BIG STORY TODAY-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Old rent act discussions postponed to tomorrow amid parliamentary pushback: <\/strong>House speaker Hanafy Gebaly adjourned the general assembly and postponed the debate on the controversial old rent law to tomorrow\u2019s session, following objections from parliamentary blocs. \u201cThe government showed up unprepared and lacking key data and statistics,\u201d Gebaly said in a statement, calling for full attendance by MPs and the press tomorrow.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ElSewedy Capital<\/strong><strong> inked an MoU with the Oil Ministry to explore and produce <\/strong><strong>phosphate ore at the Sebaeya mines in the Nile Valley<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0LKDD5rwsRgJ4vcdx4gAbZCYi1S8VS1TG4kfWPfUVZNX7F6gyhRbgXYd35Mr6YbQxl\" style=\"\" rel=\"noopener\">statement<\/a> from the ministry. The agreement also allows for the possibility of ElSewedy Capital or its affiliated companies to enter future negotiations to set up joint ventures for exploration and production. The move is part of the government\u2019s push to raise the mining sector\u2019s share of GDP to 5-6% from less than 1% currently.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A phosphate fertilizer plant could also be in the works<\/strong> \u2014 the agreement includes a feasibility study for the facility.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a href=\"https:\/\/mailchi.mp\/enterpriseam.com\/2025egyptforum\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/6\/756.jpg?ssl=1\"\/><\/a> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Mark your calendar for the 2025 EnterpriseAM Egypt Forum<\/strong>, our flagship forum and part of our must-attend series of invitation-only, C-suite-level gatherings. Tap to register your interest to attend. <strong>Want to partner with us? Reach out to Moustafa Taalab at mtaalab@enterpriseadvisory.com to explore sponsorship opportunities.<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">THE BIG STORY ABROAD<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The foreign press is still honing in on the Senate\u2019s marathon vote on Trump\u2019s <\/strong><strong>tax bill: <\/strong>Senate Republicans worked through a nearly 19-hour marathon voting session that stretched into Tuesday morning in a push to pass US President Donald Trump\u2019s sweeping tax and spending package, despite internal party divisions over its projected USD 3.3 tn addition to the national debt. Senators can only afford to lose three votes to pass the bill and two Republicans have already indicated they\u2019re against it. The 940-page bill, which Trump wants passed before the 4 July holiday, includes controversial provisions such as cuts to Medicaid and expanded funding for immigration enforcement measures. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/us\/senate-vote-a-rama-pass-trumps-33-trillion-bill-extends-into-second-day-2025-07-01\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-06-30\/one-big-beautiful-bill-means-senate-all-nighter-with-divided-republicans?srnd=homepage-middle-east\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/www.washingtonpost.com\/politics\/2025\/06\/30\/senate-trump-tax-bill\/\" style=\"\" rel=\"noopener\">Washington Post<\/a> | <a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/congress-tax-cuts-trump-big-bill-bf3f94471b13db3e5d50f0cd1f8fe793\" style=\"\" rel=\"noopener\">Associated Press<\/a>)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Elon Musk <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/technology\/2025\/jun\/30\/musk-big-beautiful-bill-america-party\" style=\"\" rel=\"noopener\">pledged to unseat<\/a><\/strong><strong> lawmakers who back the bill<\/strong>, criticizing its projected hit to the US debt pile. \u201cEvery member of Congress who campaigned on reducing government spending and then immediately voted for the biggest debt increase in history should hang their head in shame,\u201d he <a target=\"_blank\" href=\"https:\/\/x.com\/elonmusk\/status\/1939776586989150590\" style=\"\" rel=\"noopener\">wrote<\/a> on X. \u201cAnd they will lose their primary next year if it is the last thing I do on this Earth,\u201d he added. He also floated the idea of <a target=\"_blank\" href=\"https:\/\/x.com\/elonmusk\/status\/1939806847504105683\" style=\"\" rel=\"noopener\">forming<\/a> a new \u201cAmerica Party\u201d if the bill passes.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>And, needless to say, Trump did not let it slide: <\/strong><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/autos-transportation\/elon-musk-renews-criticism-trump-spending-bill-calls-new-political-party-2025-06-30\/\" style=\"\" rel=\"noopener\">Reviving his public feud<\/a> with Musk, Trump suggested that the government review subsidies received by the Tesla chief as a way to rein in spending. \u201cElon may get more subsidy than any human being in history,\u201d he <a target=\"_blank\" href=\"https:\/\/truthsocial.com\/@realDonaldTrump\/posts\/114776149269773065\" style=\"\" rel=\"noopener\">said<\/a> on Truth Social, adding that the country \u201cwould save a fortune\u201d if these funds were cut.<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"\/egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>\u2600\ufe0f <\/strong><strong>TOMORROW\u2019S WEATHER- <\/strong>The capital will be seeing another sunny day tomorrow, with the mercury set to peak at 36\u00b0C before dropping to 23\u00b0C at night. The North Coast remains cool, with temperatures peaking at just 27\u00b0C before slightly cooling down to 24\u00b0C at night, according to our favorite weather app.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good afternoon, friends. We\u2019re racing towards the final stretch of the week and into the long weekend. The news cycle appears to be taking a breather, and so should you. THE BIG STORY TODAY- Old rent act discussions postponed to tomorrow amid parliamentary pushback: House speaker Hanafy Gebaly adjourned the general assembly and postponed the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":667718,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7213],"tags":[633,180,373,634],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-667717","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-tonight","tag-enterprisepm","tag-legislation","tag-mining","tag-what-were-tracking-tonight","wpautop","entry"],"acf":{"mongo_id":"ebd02e3a-9ecc-43c2-821e-ba45d2680991","order":"1","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2025\/7\/75.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Old rent law debate postponed amid parliamentary objections","related_issue":[667715],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/7\/.656502cf-82ed-41ba-a001-c72a93e44727.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Old rent law debate postponed amid parliamentary objections - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2025\/07\/01\/old-rent-law-debate-postponed-amid-parliamentary-objections\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Old rent law debate postponed amid parliamentary objections\" \/>\n<meta property=\"og:description\" content=\"Good afternoon, friends. We\u2019re racing towards the final stretch of the week and into the long weekend. The news cycle appears to be taking a breather, and so should you. THE BIG STORY TODAY- Old rent act discussions postponed to tomorrow amid parliamentary pushback: House speaker Hanafy Gebaly adjourned the general assembly and postponed the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2025\/07\/01\/old-rent-law-debate-postponed-amid-parliamentary-objections\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2025-07-01T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2025\/7\/75.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/07\/01\/old-rent-law-debate-postponed-amid-parliamentary-objections\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/07\/01\/old-rent-law-debate-postponed-amid-parliamentary-objections\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Old rent law debate postponed amid parliamentary objections\",\"datePublished\":\"2025-07-01T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/07\/01\/old-rent-law-debate-postponed-amid-parliamentary-objections\/\"},\"wordCount\":597,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/07\/01\/old-rent-law-debate-postponed-amid-parliamentary-objections\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/7\/75.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterprisePM\",\"legislation\",\"mining\",\"WHAT WE\u2019RE TRACKING TONIGHT\"],\"articleSection\":[\"WHAT WE\u2019RE TRACKING TONIGHT\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/07\/01\/old-rent-law-debate-postponed-amid-parliamentary-objections\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2025\/07\/01\/old-rent-law-debate-postponed-amid-parliamentary-objections\/\",\"name\":\"Old rent law debate postponed amid parliamentary objections - 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The bill would come into effect within five\u2026","rel":"","context":"In &quot;LEGISLATION WATCH&quot;","block_context":{"text":"LEGISLATION WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/legislation-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/2\/316.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":664744,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/06\/how-are-old-rent-law-discussions-unfolding-at-the-house\/","url_meta":{"origin":667717,"position":1},"title":"How are Old Rent Law discussions unfolding at the House?","author":"enterpriseam admin","date":"6 May 2025","format":false,"excerpt":"The Old Rent Law was the main talking point on the airwaves for the nth night running, as parliamentary discussions over the proposed amendments to the law continued to unfold.(Tap or click the headline above to read this story with all of the links to our background as well as\u2026","rel":"","context":"In &quot;LAST NIGHT\u2019S TALK SHOWS&quot;","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/5\/327.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":665082,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/12\/al-mashat-joins-adib-for-a-conversation-on-the-governments-fiscal-goals\/","url_meta":{"origin":667717,"position":2},"title":"Al Mashat joins Adib for a conversation on the government\u2019s fiscal goals","author":"enterpriseam admin","date":"12 May 2025","format":false,"excerpt":"A conversation with Al Mashat: Planning Minister Rania Al Mashat joined El Hekaya\u2019s Amr Adib for a discussion about the government\u2019s fiscal goals, saying the state is working on closing the funding gap through macroeconomic stabilization, FDI attraction, and enhanced competitiveness (watch, runtime: 5:16). 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The 20 lawmakers, headed by the leader of the Homeland Defenders Party\u2019s caucus in the house,\u2026","rel":"","context":"In &quot;PARLIAMENT WATCH&quot;","block_context":{"text":"PARLIAMENT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/parliament-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":629104,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/22\/parliament-will-likely-postpone-discussions-on-rent-control-to-october-drafts-law-on-indebted-women\/","url_meta":{"origin":667717,"position":4},"title":"Parliament will likely postpone discussions on rent control to October, drafts law on indebted women","author":"enterpriseam admin","date":"22 May 2018","format":false,"excerpt":"LEGISLATION WATCH- House unlikely to discuss rent control law this legislative session: The House of Representatives is unlikely to discuss proposed amendments to the law on rent control during the current legislative session since the House\u2019s legislative agenda is packed with higher priorities, including the FY2018-19 draft state budget, committee\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":639300,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/25\/house-signs-off-on-youth-and-sporting-authorities-law-refers-basket-of-legislation-to-parliamentary-committees-for-review\/","url_meta":{"origin":667717,"position":5},"title":"House signs off on Youth and Sporting Authorities Law, refers basket of legislation to parliamentary committees for review","author":"enterpriseam admin","date":"25 October 2017","format":false,"excerpt":"The House of Representatives approved yesterday the proposed Youth and Sporting Authorities Law, but postponed the final vote on the legislation due to lack of quorum, Al Ahram reports. 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