Disney extends contracts with Egyptian companies manufacturing its products until December 2019: The Walt Disney Company has given Egyptian companies that manufacture products carrying its trademark and logo an extension on their production licenses until December 2019, the Trade and Industry Ministry announced in a statement yesterday. The extension allows manufacturers to expand the size of their existing contracts and leaves more room for them to expand their network of international buyers, ultimately helping Egypt boost its overall exports of textiles and ready-made clothes, according to Minister Tarek Kabil. The Walt Disney Company’s decision comes just a month after the International Labor Organization (ILO) gave Egypt preliminary approval to resume its Better Work Program — which seeks to improve working conditions and enhance business competitiveness — until the end of 2018. Last July, the company had lifted a ban on having its merchandise manufactured in Egypt, after authorities began implementing the ILO program in May.

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