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Law No. 21 of 2022


Law No. 21 of 2022

Amending some provisions of Law No. 120 of 1982Issuing a law regulating commercial agency business and some commercial mediation activities and the accompanying

Article (2):

It is prohibited to engage in any commercial agency, commercial brokers or real estate brokers, according to the cases prepared for this purpose in the competent ministry.

Article (16):

Severe penalty of jail for a period do not exceed 2 years and a penalty between 50,000 up to 1,000,000 EGP who ever practices the profession of commercial agency or performs a business of commercial mediation or real estate brokerage without being registered  in addition to depriving the establishment from practicing the activity for a period not exceeding two years and closing the establishment for the same period.


Sharm El Sheikh Real Estate

Sharm El Sheikh Real Estate: Address: Shop #80, Laguna Vista Mall, Peace Road, Nabq Bay, Sharm El Sheikh, Egypt Zip Code:: 41669, PO Box: 355
Phone: 002 0122 76 76 650
Email: coordinator@sharmelsheikhrealestate.com
Website: http://www.sharmelsheikhrealestate.com
Working Hours: 10:00 am – 06:00 pm
Office Closed: Friday