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Foreign partners and shareholders may be involved, provided
Egyptians own at least 51% of the capital. However, upon liquidation of the company, the land must revert to the Egyptians. The lease of desert land for more than a period of 50 years shall also be considered to be ownership under Law 143.
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Although companies formed under the
Investment Law No. 8/1997 do not require Egyptian participation, companies that undertake projects over desert land must be owned in their majority by Egyptians. According to the law 55 of 1988, the President of the Republic may decide to treat Arab nationals as
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is an
Egyptian Law No. 143 of 1981 (and its amendments 55/1988, 205/1991, & 96/1995) that governs the acquisition and ownership of desert land in Egypt.
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Article 1 of Law No. 143 defines desert land as the land two kilometers outside the border of the city. Certain limits are placed on the number of
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and permanently settled. Most of the country lies within the wide band of mostly uninhabited desert that stretches eastwards from Africa's
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or 4200 m) that may be owned by individuals, families, co-operatives, partnerships and corporations:
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32:. Only 35,000 km - 3.5% - of the total land area is
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78:Principles of the Desert Land Law
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47:Egypt's main desert areas are:
86:(one feddan is equal to 1.038
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217:. You can help Knowledge by
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44:and into southwest Asia.
18:Egyptian Desert Land Law
132:Doing Business in Egypt
28:Egypt is predominantly
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269:Politics of Egypt
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66:Red Sea
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