The International Labor Organization (ILO) has given Egypt preliminary approval to resume its Better Work Program until 2018’s end, according to a Trade and Industry Ministry statement. The extension is expected to pave the way for international companies to lift their bans on importing merchandise manufactured in Egypt, Minister Tarek Kabil said, noting that the Walt Disney Company had lifted its ban in July thanks to the ILO program. The ILO began implementing the program in Egypt last May to improve working conditions and boost business competitiveness.
More from Enterprise
The National Bank of Egypt and Banque Misr just hiked rates on CDs — moves that could see the EGP gain against the USD
NBE and BM both hiked rates on CDs by 125…
Qatar’s Green Sky Capital secures financing for USD 200 mn SAF plant
The facility could add more than 10% to global SAF…
EGX30 erases March losses with 14.2% April surge
The rally piled on roughly EGP 433 bn in market…
Kiwe gets Central Bank green light to launch nationwide
The startup is backed by our friends at EFG Hermes,…