Back to the complete issue
Tuesday, 6 February 2018

House completes review of Labor Act, to pass it into law soon

LEGISLATION WATCH- House completes review of Labor Act, to pass it into law soon: The House of Representatives has completed its review of the Labor Act and should be passing it into law soon, Manpower Minister Mohamed Saafan said yesterday, according to Al Ahram. The amended legislation is expected to encourage youth to seek employment in the private sector, and would establish specialized courts to deal with labor-related cases, Saafan said.

The House’s Local Administration Committee also approved amendments to the Public Roads Act yesterday that would impose a licensing fee of EGP 500-20,000 on food trucks and carts, Al Shorouk reports. The amendments will allow these businesses to receive a renewable one-year license from local administration bodies, which will determine the licensing fee based on the type of cart and its location.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of HSBC Egypt (tax ID: 204-901-715), the leading corporate and retail lender in Egypt; EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; Moharram & Partners (tax ID: 616-112-459), the leading public policy and government affairs partner; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Mashreq (tax ID: 204-898-862), the MENA region’s leading homegrown personal and digital bank; Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt; Hassan Allam Properties (tax ID:  553-096-567), one of Egypt’s most prominent and leading builders; and Saleh, Barsoum & Abdel Aziz (tax ID: 220-002-827), the leading audit, tax and accounting firm in Egypt.