Decree-Law No.95/2015 amending some provisions of Decree Law No. 14 of 2012 on the integrated development in the Sinai Peninsula. | Land Portal

Resource information

Date of publication: 
October 2015
Resource Language: 
ISBN / Resource ID: 
License of the resource: 
Copyright details: 
© FAO. FAO is committed to making its content freely available and encourages the use, reproduction and dissemination of the text, multimedia and data presented. Except where otherwise indicated, content may be copied, printed and downloaded for private study, research and teaching purposes, and for use in non-commercial products or services, provided that appropriate acknowledgement of FAO as the source and copyright holder is given and that FAO's endorsement of users' views, products or services is not stated or implied in any way.

This Decree-Law, consisting of 14 articles, amends the Sinai Development Law, by extending the period of land use from 30 to 50 years and boost the maximum period up to 75 rather than 50 years. In addition, the amendment states exemptions — to be granted by a presidential decree — for the required percentage of Egyptian shareholders in companies holding lands in Sinai. These exempted companies must undertake not to change the structure of their shareholders until the end of the project. The Decree allows Non-Egyptians who receive title to a land in the Sinai Peninsula (not just development areas) by the mean of inheritance, testament or gift to retain some rights over this land. Under the new Decree, they can keep the right of usufruct over the land as well as title to immovable properties established on that land. However, they have to dispose the title of the land itself to an Egyptian within six months from the date the foreigner acquires the land’s ownership. The law also gives the same treatment to Egyptians who acquire a second nationality.The Decree allows new contracting parties who receive rights to land to stipulate in the original contract a clause guaranteeing them the right to pass on their land rights to their legal heirs.

Amends: Decree-Law No.14 of 2012 concerning the Integrated Development of the Sinai Peninsula. (2012-09-13)

Data provider

Geographical focus

Share this page