Egypt Zones accountACCOUNT

New Draft Labor Law Stimulates Investment, Achieves Job Security: Minister

Source: www.export-egypt.com 1/10/2023, Location: Africa

Share |
Minister of Manpower Hassan Shehata revealed his ministry’s vision and plan to integrate informal economy into the mainstream or formal economy; in line with relevant state policies and directives from President Abdel Fattah El Sisi.

A draft labor law submitted by the government stimulates investment, achieves job security and balance between employers and employees, and encourages the youth to work in the private sector, Shehata added during a plenary session of the Senate.

The minister’s speech touched on a study presented by Senator Ahmed Abou Hashima on the youth and the informal labor market.

The manpower ministry commends this study and welcomes all its recommendations, Shehata said, calling for concerted efforts by the State to put the study results into practice. The minister added that the draft labor law has been approved by the Senate and referred to the House of Representatives.

Financials and Investment News in Egypt >>

Egypt >>  11/25/2024 - Prime Minister Moustafa Madbouli witnessed activities of session entitled "Investment in Industry.. Opportunities for Integration and Growth" as part ...
Egypt >>  11/25/2024 - Prime Minister Mostafa Madbouly emphasized the government’s commitment to increasing the industrial sector’s contribution to the GDP from the current ...

Egypt >>  11/25/2024 - Deputy Prime Minister for Industrial Development Minister of Industry and Transport Kamel el Wazir asserted the Egyptian government is paying a greate...
Egypt >>  11/23/2024 - The Financial Regulatory Authority (FRA) Board of Directors, under Mohamed Farid, issued decision no. 267 of 2024 amending the Board of Director's dec...

Egypt >>  11/23/2024 - Minister of Planning, Economic Development and International Cooperation Rania el Mashat asserted Egypt’s appreciation to the depth of joint ties with...
Egypt >>  11/23/2024 - EgyptAir participated in Incentives, Business Travel & Meetings (IBTM) show in Barcelona in coordination with the Egyptian Tourism Authority within th...




Egypt Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60 | 61 | 62 | 63 | 64 | 65 | 66 | 67 | 68 | 69 | 70 | 71 | 72 | 73 | 74 | 75 | 76 | 77 | 78 | 79 | 80 | 81 | 82 | 83 | 84 | 85 | 86 | 87 | 88 | 89 | 90 |

More News

Oil & Gas Companies in Egypt >>

Related Links

Egypt Zones
Copyright © Universal Solutions All rights reserved. - Privacy Policy.