Egypt’s Sisi gives Kuwaiti emir right to own Egypt land

Egypt’s Sisi gives Kuwaiti emir right to own Egypt land

Egyptian law generally imposes tight restrictions on property ownership by foreign nationals

By Hussein Kabani

CAIRO (AA) - Egyptian President Abdel-Fattah al-Sisi on Thursday issued a decree granting the emir of Kuwait the right to purchase land in Egypt.

According to the decree, published in the state’s official gazette, Kuwaiti Emir Sheikh Sabah al-Ahmad al-Jaber Al Sabah will enjoy the same rights as Egyptian citizens in the application of Law 143 of 1981, which regulates the purchase of state-owned land in desert areas.

Thursday’s presidential decree makes the Kuwaiti emir the second Arab Gulf royal -- after the king of Bahrain -- to be granted the right to own land in Egypt.

Last October, al-Sisi confirmed Bahraini King Hamad bin Isa al-Khalifa’s ownership of land -- including three villas -- in the resort city of Sharm el-Sheikh in Egypt’s Sinai Peninsula.

Since the ouster of Mohamed Morsi -- Egypt’s first freely elected president -- in a 2013 military coup, the Arab Gulf States have provided al-Sisi’s regime with significant political and economic support.

Egyptian law generally imposes tight restrictions on the ownership of property in Egypt by foreign nationals.

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