{"id":654943,"date":"2024-11-11T00:00:00","date_gmt":"2024-11-11T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/11\/labor-act-to-top-govts-legislative-agenda\/"},"modified":"2024-11-11T00:00:00","modified_gmt":"2024-11-11T00:00:00","slug":"labor-act-to-top-govts-legislative-agenda","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/11\/labor-act-to-top-govts-legislative-agenda\/","title":{"rendered":"Labor Act to top govt\u2019s legislative agenda"},"content":{"rendered":"

Good morning, friends<\/strong>. <\/strong>In today\u2019s issue, we\u2019ve got news that inflation is up, arrears to energy companies are down, and that momentum to pass the redrafted Labor Act is building.<\/p>\n

PSA-<\/p>\n

WEATHER- <\/strong>It\u2019s feeling much the same as yesterday in Cairo today, with a high of 24\u00b0C and a low of 18\u00b0C, according to our favorite weather app.<\/p>\n

It\u2019s a smidge cooler in Alexandria<\/strong>, with a high of 22\u00b0C and a low of 17\u00b0C, along with a chance of light to moderate rain across the whole of the North Coast.<\/p>\n

** DID YOU KNOW that we now cover <\/strong>Saudi Arabia<\/a><\/strong> and the <\/strong>UAE<\/a><\/strong>?<\/strong><\/p>\n

** Were you forwarded this email?<\/strong> Tap or click here<\/a> to get your own copy delivered every weekday before 7am Cairo time \u2014 without charge.<\/p>\n

WATCH THIS SPACE- <\/p>\n

<\/a> #1- Labor Act to top<\/strong> the government\u2019s legislative agenda:<\/strong> The Madbouly government wants to see the newly-redrafted labor bill passed into law before the end of 2024, Parliamentary Affairs Minister Mahmoud Fawzi told the Senate yesterday. The 267-article bill was redrafted following several rounds of consultations with workers and business owners, to \u201creflect the interests of three parties: the government, workers and employers,\u201d according to Fawzi.<\/p>\n

Refresher:<\/strong> The act drafted earlier this year<\/a> triggered criticism<\/a> from business associations, who argued that the \u201cdraft law is unbalanced, giving workers a lot of rights at the expense of duties.\u201d The Federation of Egyptian Industries voiced its opposition to 17 articles in the bill, including those relating to strikes, holidays for women in the workplace, and salaries, employment contracts, bonuses, and membership of businessmen in the proposed rehabilitation and training fund. <\/p>\n

Progress on the new<\/strong> re-draft:<\/strong> The legislation will tackle shortcomings in the current law and regulate work conditions through digital platforms, Labor Minister Mohamed Gobran told the Senate. The House Manpower Committee \u2014 which provisionally approved<\/a> the redrafted bill last month \u2014 has so far greenlit 63 articles covering child labor, recruitment, women in the workplace, maternity leave, working hours, and the establishment of a training fund. The House will reconvene on 17 November.<\/p>\n

\n

#2- ERC to pay down a further USD 150 mn of primary net loans by year-end: <\/strong>Qalaa Holdings\u2019 subsidiary Egyptian Refining Company (ERC) plans to repay another USD 150 mn of its primary net loans by the end of this year, bringing its outstanding primary net loans to USD 375 mn, Qalaa Holdings founder and chairman Ahmed Heikal told Asharq Business<\/a>. Heikal also noted that ERC\u2019s capacity has increased by 10%, with plans for an additional 15% boost over the next four years at a potential cost of USD 200 mn.<\/p>\n

Remember:<\/strong> Yesterday we got word that ERC was planning to repay<\/a> USD 200 mn of its outstanding USD 742 mn debt, bringing the company's total debt down to USD 524 mn. Qalaa has been trying to pay off USD 2.4 bn worth of loans for its multi-bn USD greenfield refinery in Mostorod<\/a>, with the company\u2019s 1Q 2024 earnings release showing<\/a> that 72.5% of the company\u2019s total consolidated debt of EGP 111.2 bn was related to ERC.<\/p>\n

Still no EGX debut on the horizon:<\/strong> Qalaa has no intention of listing ERC\u2019s shares on the EGX for the meantime, Al Borsa<\/a> writes, citing Heikal, who added that the company is still committed to planned expansions.<\/p>\n

HAPPENING TODAY- <\/p>\n

<\/a> #1- CBE is holding a USD t-bill auction: <\/strong>The Central Bank of Egypt will auction USD 1.5 bn in USD-denominated, one-year t-bills today, according to its website<\/a>. The auction will mark the first USD-denominated t-bill auction for the current fiscal year.<\/p>\n

ICYMI: <\/strong>The central bank\u2019s decision to hit the bond market comes just one day after the country repaid some USD 1.3 bn in USD-denominated bonds<\/a> for a tranche of bonds issued back in 2016.<\/p>\n

\n

<\/a> #2- It\u2019s day one of the Arab-African Investment and Cooperation Summit:<\/strong> The five-day Arab-African Investment and International Cooperation Summit that kicks off today in Aswan will welcome<\/a> delegations from 35 countries. The summit will reportedly witness a tourism investment project and two new factory projects with input from Russian and Serbian capital announced at the event.<\/p>\n

DATA POINT-<\/p>\n

The hospitality sector is expected to add 1.2k new keys to Cairo\u2019s existing <\/strong>26.7<\/strong>k <\/strong>key stock by the end of 4Q 2024, <\/strong>according to a recent report (pdf)<\/a> from global real estate consultancy JLL. <\/p>\n

\n
\n
\n
\n

Get Enterprise<\/b> daily <\/h4>\n<\/p><\/div>\n

The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n

Subscribe here<\/a> <\/div>\n<\/p><\/div>\n<\/p><\/div>\n

ICYMI- Missed this week\u2019s Inside Industry? <\/strong>In our weekly vertical exploring all things industry and manufacturing, we looked at how higher energy costs are pushing industry toward solar. Check out the story here<\/a>. <\/p>\n

THE BIG STORY ABROAD-<\/p>\n

There\u2019s no single story capturing the imagination of the international press this morning<\/strong>, instead giving us a smattering of stories about US president-elect Donald Trump\u2019s plans in office and how global leaders are reacting to his upcoming term. <\/p>\n

Trump\u2019s policy on Russia and Ukraine is a key point of concern<\/strong> for Ukraine, Russia, and outgoing president Joe Biden, who is planning to lobby Trump to maintain the US\u2019 support for Ukraine when the two meet at the Oval Office on Wednesday. Trump, meanwhile, reportedly spoke with Russian President Vladimir Putin, but urged him not to escalate his war against Ukraine, Reuters<\/a> reports. <\/p>\n

MEANWHILE- BTC rallied to a record high<\/strong> as the crypto industry sees Trump\u2019s election \u2014 including him securing all seven swing states \u2014 as a positive outcome that will see digital currencies facing less hostile policy. The cryptocurrency rose above USD 81k, with expectations it will break the USD 90k ceiling soon. The Financial Times<\/a> and CNBC<\/a> have more. <\/p>\n

<\/p>\n

*** It\u2019s Blackboard day:<\/strong> We have our weekly look at the business of education in Egypt, from pre-K through the highest reaches of higher ed. <\/p>\n

In today\u2019s issue:<\/strong> We talk to Beltone Holding\u2019s Chief Data Scientist Basma Rady about the company\u2019s first AI hackathon. <\/p>\n","protected":false},"excerpt":{"rendered":"

Good morning, friends. In today\u2019s issue, we\u2019ve got news that inflation is up, arrears to energy companies are down, and that momentum to pass the redrafted Labor Act is building. PSA- WEATHER- It\u2019s feeling much the same as yesterday in Cairo today, with a high of 24\u00b0C and a low of 18\u00b0C, according to our […]<\/p>\n","protected":false},"author":1,"featured_media":654944,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7204],"tags":[72,235,180],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-654943","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today","tag-enterpriseam","tag-labor","tag-legislation","wpautop","entry"],"acf":{"mongo_id":"b81bb1ae-e6ff-4f2b-af3e-6550f355206d","order":"2","is_powered_by":true,"story_type":"4","photo_url":"https:\/\/ent.news\/2024\/7\/711.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Labor Act to top govt\u2019s legislative agenda","related_issue":[654941],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/11\/.4be51326-9379-42e1-917f-c68fe0b5848b.mp3"},"yoast_head":"\nLabor Act to top govt\u2019s legislative agenda - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/11\/labor-act-to-top-govts-legislative-agenda\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Labor Act to top govt\u2019s legislative agenda\" \/>\n<meta property=\"og:description\" content=\"Good morning, friends. In today\u2019s issue, we\u2019ve got news that inflation is up, arrears to energy companies are down, and that momentum to pass the redrafted Labor Act is building. PSA- WEATHER- It\u2019s feeling much the same as yesterday in Cairo today, with a high of 24\u00b0C and a low of 18\u00b0C, according to our […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/11\/labor-act-to-top-govts-legislative-agenda\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2024-11-11T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/711.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/11\/labor-act-to-top-govts-legislative-agenda\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/11\/labor-act-to-top-govts-legislative-agenda\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Labor Act to top govt\u2019s legislative agenda\",\"datePublished\":\"2024-11-11T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/11\/labor-act-to-top-govts-legislative-agenda\/\"},\"wordCount\":982,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/11\/labor-act-to-top-govts-legislative-agenda\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/711.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM\",\"labor\",\"legislation\"],\"articleSection\":[\"What We're Tracking Today\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/11\/labor-act-to-top-govts-legislative-agenda\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/11\/labor-act-to-top-govts-legislative-agenda\/\",\"name\":\"Labor Act to top govt\u2019s legislative agenda - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/11\/labor-act-to-top-govts-legislative-agenda\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/11\/labor-act-to-top-govts-legislative-agenda\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/711.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2024-11-11T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/11\/labor-act-to-top-govts-legislative-agenda\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/11\/labor-act-to-top-govts-legislative-agenda\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/11\/labor-act-to-top-govts-legislative-agenda\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/711.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/711.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/11\/labor-act-to-top-govts-legislative-agenda\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Labor Act to top govt\u2019s legislative agenda\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Labor Act to top govt\u2019s legislative agenda - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/11\/labor-act-to-top-govts-legislative-agenda\/","og_locale":"en_US","og_type":"article","og_title":"Labor Act to top govt\u2019s legislative agenda","og_description":"Good morning, friends. In today\u2019s issue, we\u2019ve got news that inflation is up, arrears to energy companies are down, and that momentum to pass the redrafted Labor Act is building. PSA- WEATHER- It\u2019s feeling much the same as yesterday in Cairo today, with a high of 24\u00b0C and a low of 18\u00b0C, according to our […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/11\/labor-act-to-top-govts-legislative-agenda\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2024-11-11T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2024\/7\/711.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/11\/labor-act-to-top-govts-legislative-agenda\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/11\/labor-act-to-top-govts-legislative-agenda\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Labor Act to top govt\u2019s legislative agenda","datePublished":"2024-11-11T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/11\/labor-act-to-top-govts-legislative-agenda\/"},"wordCount":982,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/11\/labor-act-to-top-govts-legislative-agenda\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/7\/711.jpg?fit=%2C&ssl=1","keywords":["EnterpriseAM","labor","legislation"],"articleSection":["What We're Tracking Today"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/11\/labor-act-to-top-govts-legislative-agenda\/","url":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/11\/labor-act-to-top-govts-legislative-agenda\/","name":"Labor Act to top govt\u2019s legislative agenda - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/11\/labor-act-to-top-govts-legislative-agenda\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/11\/labor-act-to-top-govts-legislative-agenda\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/7\/711.jpg?fit=%2C&ssl=1","datePublished":"2024-11-11T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/11\/labor-act-to-top-govts-legislative-agenda\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2024\/11\/11\/labor-act-to-top-govts-legislative-agenda\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/11\/labor-act-to-top-govts-legislative-agenda\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2024\/7\/711.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/7\/711.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/11\/labor-act-to-top-govts-legislative-agenda\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Labor Act to top govt\u2019s legislative agenda"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2024\/7\/711.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2024\/7\/711.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2024\/7\/711.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":662813,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/03\/23\/re-drafted-labor-act-gets-initial-green-light-from-parliament\/","url_meta":{"origin":654943,"position":0},"title":"Re-drafted Labor Act gets initial green light from Parliament","author":"enterpriseam admin","date":"23 March 2025","format":false,"excerpt":"Good afternoon, friends, and welcome to a new workweek. We\u2019re looking forward to warmer weather as Eid inches closer. But in the meantime, we\u2019re tracking the re-drafted Labor Act, how the petrochemicals industry will fuel industrial localization plans, and why we rage at digital inconveniences.THE BIG STORY TODAY- The House\u2026","rel":"","context":"In "WHAT WE\u2019RE TRACKING TONIGHT"","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2514.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":662843,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/03\/24\/house-preliminarily-approves-re-drafted-labor-act\/","url_meta":{"origin":654943,"position":1},"title":"House preliminarily approves re-drafted Labor Act","author":"enterpriseam admin","date":"24 March 2025","format":false,"excerpt":"Good morning, friends. A continued dip in domestic gas production leads today\u2019s issue. We also have news of the EU backing our plan to rebuild Gaza as well as the House preliminary approving the Labor Act and the draft Medical Liability Law. So, when do we eat? Maghrib prayers are\u2026","rel":"","context":"In "What We're Tracking Today"","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1845.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":648427,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/03\/house-manpower-committee-gives-preliminary-nod-to-labor-act-to-begin-discussions-starting-tomorrow\/","url_meta":{"origin":654943,"position":2},"title":"House Manpower Committee gives preliminary nod to Labor Act, to begin discussions starting tomorrow","author":"enterpriseam admin","date":"3 April 2017","format":false,"excerpt":"The House of Representatives\u2019 Manpower Committee gave a preliminary nod to the new Labor Act on Sunday, Ahram Gate says. The committee approved most of the bill\u2019s articles but plans to hold discussions starting from today to discuss pending issues, such as strikes, penalties, and health and safety codes, with\u2026","rel":"","context":"In "Legislation + Policy"","block_context":{"text":"Legislation + Policy","link":"https:\/\/enterpriseam.com\/egypt\/category\/legislation-policy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":637381,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/14\/labor-unions-slam-labor-unions-act-as-unconstitutional\/","url_meta":{"origin":654943,"position":3},"title":"Labor unions slam Labor Unions Act as unconstitutional","author":"enterpriseam admin","date":"14 November 2017","format":false,"excerpt":"A group of independent labor unions announced their rejection of the Labor Unions Act currently being discussed by parliament, Al Shorouk reports. Speaking at a press conference yesterday, General Coordinator of the Center for Trade Unions Kamal Abbas said the legislation is both unconstitutional and in violation of Egypt\u2019s agreement\u2026","rel":"","context":"In "Egypt Politics + Economics"","block_context":{"text":"Egypt Politics + Economics","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-politics-economics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":664283,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/04\/27\/the-property-id-act-is-on-its-way\/","url_meta":{"origin":654943,"position":4},"title":"The Property ID Act is on its way","author":"enterpriseam admin","date":"27 April 2025","format":false,"excerpt":"Good afternoon, friends, and welcome to the start of another workweek. This issue starts out with hard-hitting news that a decree to place properties in a centralized federal database has been given precursory approval by the House of Representatives. In other news, Uber CEO Dara Khosrowshahi believes corporate culture could\u2026","rel":"","context":"In "WHAT WE\u2019RE TRACKING TONIGHT"","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1857.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":647771,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/18\/labor-advocacy-groups-not-happy-with-proposed-labor-act\/","url_meta":{"origin":654943,"position":5},"title":"Labor advocacy groups not happy with proposed Labor Act","author":"enterpriseam admin","date":"18 May 2017","format":false,"excerpt":"Egyptian labor advocacy groups are not too happy with the proposed Labor Act currently being discussed by the House of Representatives and will be drafting a memo for MPs with their objections, Al Mal said on Wednesday. The Labor Act is meant to outlaw discrimination in the workplace and strike\u2026","rel":"","context":"In "Legislation + Policy"","block_context":{"text":"Legislation + Policy","link":"https:\/\/enterpriseam.com\/egypt\/category\/legislation-policy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/654943","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=654943"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/654943\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/654941"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/654944"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=654943"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=654943"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=654943"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=654943"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=654943"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}