18 February 2013

Egypt: 117 Defaulting Factories to Be Bailed Out

Minister of Industry and Foreign Trade Hatem Saleh said that 117 out of 487 defaulting factories have been bailed out.

Meanwhile, representative of the Social Fund R'afat Abbas said that the fund managed to provide 106.500 job opportunities during the past six months. This came at a workshop held yesterday undue the title "Training for Employment" which was attended by Minister of Manpower and Immigration who asserted that the said program has actually started, and that the Ministry plans to provide 700.000 job opportunities late this year.

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