logo
El-Sisi approves law to empower Egypt's workforce

El-Sisi approves law to empower Egypt's workforce

Egypt Today04-05-2025

CAIRO- 4 May 2025: Egyptian President Abdel Fattah El-Sisi has officially ratified the country's new Labor Law, hailing it as a major milestone in strengthening workers' rights nationwide.
During his address at the Labor Day celebration held at Suez Steel Company, El-Sisi stressed that the law ensures tangible gains for workers, reinforces fairness and protection, and boosts job security across sectors.
He further underscored the law's alignment with international standards, particularly in advancing the rights of working women.
El-Sisi also directed the government to complete the draft legislation for domestic workers and called for a comprehensive societal dialogue to regulate this vital sector and extend social protections, especially for informal laborers.
These developments come as Egypt's labor market shows signs of recovery. According to recent figures from the Central Agency for Public Mobilization and Statistics (CAPMAS), the national unemployment rate declined to 6.6 percent in 2024, down from 7.0 percent in 2023.
Youth unemployment (ages 15 to 29) also fell to 14.9 percent, with rates dropping to 9.8 percent for males and 37.1 percent for females. Among younger workers aged 15 to 19, unemployment eased slightly to 12.2 percent compared to 12.4 percent the previous year.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Keeping the summer lights on - Egypt - Al-Ahram Weekly
Keeping the summer lights on - Egypt - Al-Ahram Weekly

Al-Ahram Weekly

time16 minutes ago

  • Al-Ahram Weekly

Keeping the summer lights on - Egypt - Al-Ahram Weekly

Measures are being taken to avert possible power outages during summer this year. Government ministries have been collaborating to secure full electricity provision throughout the summer this year and to ward off the threat of any power outages. 'The electrical grid is secure and stable, and the electricity supply is continuous and sustainable throughout this summer,' said Mansour Abdel-Ghani, spokesperson for the Ministry of Electricity, on television at the end of May. Prime Minister Mustafa Madbouli had asked for steps to be taken to prevent power cuts during the summer months in July 2024, Abdel-Ghani added, which had 'necessitated the collaboration of the ministries of electricity, petroleum, and finance, to end load shedding' as a way of reducing pressure on the grid. His statement came days after Reuters and Bloomberg's Asharq Business reported that companies exporting Israeli gas to Egypt had announced plans to reduce exports by one billion cubic feet per day, bringing the volume down to 800 million cubic feet per day during the upcoming summer months. The reports noted that Israel had informed Egypt it would carry out periodic maintenance in May for 15 days, which would lower the volume of exported gas below the agreed-upon amount and below the target for the summer months. Some 60 per cent of Egypt's consumption of natural gas is used to generate electricity. Egypt began importing gas from Israel in 2020 under a $15 billion agreement between Noble Energy (acquired by Chevron in 2020) and Delek Drilling. The reduction in imported gas from Israel coincides with the natural decline in production from Egyptian gas fields, which has decreased to 4.1 billion cubic feet per day, while daily demand stands at around six billion cubic feet and rises during the summer. Egypt's electricity consumption increases by more than 25 per cent during the summer, reaching between 38 and 40 Gigawatt hours per day, up from 32 Gigawatt hours in winter, driving up the consumption of gas and diesel, said Egypt's former petroleum minister Osama Kamal. He estimates the gap between domestic gas production and consumption at 25 per cent, prompting the government to resort to gas imports to cover the shortfall. Domestic consumption exceeds 6.2 billion cubic feet per day, while local production stands at around four billion cubic feet. Another reason for the gap between consumption and the local production of gas needed to cover the demands of power plants is the delay in integrating new renewable and nuclear energy facilities, Kamal said. The government had previously announced long-term precautionary measures to address power outages, especially in the light of geopolitical crises that disrupt global supply chains and key maritime trade routes. Sources told Reuters in early May that Egypt was in talks with international energy and trading firms to procure between 40 and 60 shipments of liquefied natural gas (LNG) to meet emergency needs ahead of peak summer demand. This is in line with statements by the presidential spokesperson, who said that President Abdel-Fattah Al-Sisi had directed the government last week to 'take all necessary measures in advance' to prevent recurring power outages. Madbouli said there was no possibility of renewed power cuts during the summer, despite the financial burdens shouldered by the government. According to the Reuters report, Egypt will have to spend up to $3 billion, based on current gas prices, to purchase the necessary LNG shipments. This would add further pressure on the state treasury, which is already under financial stress, to avoid power outages amid declining domestic gas production. The arrival and commencement of operations of a fourth gasification vessel will enable Egypt to maintain a stable gas supply to the electricity grid, said Medhat Youssef, former deputy chairman of the Egyptian General Petroleum Corporation. However, he added that temporary supply imbalances may still occur, which the government will likely cover using diesel until regular gas flows to power plants are restored. This may necessitate reducing gas supplies to certain industries due to the high cost of imported gas compared to the economic returns generated by these sectors, despite their export potential, Youssef said. He pointed out that gas-intensive industries yield lower returns than the cost of importing gas since the import price ranges between $14 and $16 per million British thermal units, while the supply price to factories stands at $4.5. He added that these industries are directed to carry out periodic maintenance for production lines during peak summer consumption periods, rather than during the lower-demand winter months. Given that Egypt will rely on gas imports as a long-term strategy, Youssef believes the best solution lies in accelerating the development of nuclear power plants, which are highly efficient and reliable sources of electricity despite their substantial investment costs. Nuclear plants reduce the fiscal burden on the state in the long term, especially as global gas import prices grow higher. At present, Egypt imports LNG and is purchasing a portion of the foreign partner's production share and utilising domestic output in order to meet rising demand driven by population growth. The cost of importing gas over two years is equivalent to the cost of establishing a nuclear power plant, he stated. According to Ministry of Petroleum figures, the average daily domestic consumption of natural gas in 2022-23 reached 5.9 billion cubic feet per day. Of this, 57 per cent was allocated to the electricity sector, 25 per cent to industry, 10 per cent to the petroleum and gas derivatives sector, six per cent to households, and two per cent to vehicles. According to the Egypt Vision 2030 Strategy, the government is working to increase the share of new and renewable energy in electricity generation to 35 per cent by 2030 and 42 per cent by 2035, up from the current level of 4.5 per cent. Gas and petroleum are the main sources of electricity generation, accounting for 90 per cent of total output. By 2030, Egypt's planned energy mix is expected to comprise 27 per cent oil and gas, five per cent hydroelectric power, 16 per cent solar energy, 14 per cent wind energy, 29 per cent coal, and nine per cent nuclear energy. Gamal Al-Qalioubi, a professor of energy engineering, said that accelerating the development of new and renewable energy plants is the optimal path towards reducing gas imports and reallocating available gas to export-lucrative industries such as fertilisers, cement, and petrochemicals. This objective has been announced by the government, which aims to add 39,000 Megawatts of new and renewable energy capacity by 2030, of which seven Megawatts have been implemented to date. As a result, wind and solar power plants should be brought online over the next four years at a rate of 10 Megawatts per year. Al-Qalioubi added that several wind and solar plants are under construction. Had these projects been expedited and connected to the national grid before May 2025, the financial burden on the state to import natural gas would have decreased. He referred to the 'Wafi' programme implemented by the Ministry of Planning and International Cooperation in collaboration with the European Union, which seeks to replace diesel power plants with clean energy facilities. Every time a clean energy plant enters operation, a conventional and polluting plant is decommissioned. The programme supports the government's strategy to conserve natural gas used in electricity generation and redirect it to high value-added industrial sectors. * A version of this article appears in print in the 5 June, 2025 edition of Al-Ahram Weekly Follow us on: Facebook Instagram Whatsapp Short link:

Egypt's FM holds separate phone calls with Nigerian, Cypriot counterparts
Egypt's FM holds separate phone calls with Nigerian, Cypriot counterparts

Egypt Today

timean hour ago

  • Egypt Today

Egypt's FM holds separate phone calls with Nigerian, Cypriot counterparts

CAIRO – June 7, 2025: Egyptian Minister of Foreign Affairs and Emigration Badr Abdelatty held separate phone calls on Saturday with his counterparts from Nigeria and Cyprus, as part of Egypt's ongoing diplomatic efforts to strengthen bilateral relations and coordinate on regional developments. Egypt–Nigeria Relations In his call with Yusuf Tuggar, Nigeria's Minister of Foreign Affairs, Abdelatty praised the long-standing and distinguished relations between Egypt and Nigeria. He expressed his aspiration to deepen bilateral cooperation, particularly in the economic, trade, and investment sectors—with special emphasis on agriculture. The Egyptian Minister highlighted the growing presence and activity of Egyptian companies across Africa and voiced interest in exploring new investment opportunities through joint ventures that bring mutual benefit. The two ministers exchanged views on current developments across the African continent, emphasizing the importance of cooperation and coordination within the African Union to promote peace and security—especially in the Sahel region. Minister Abdelatty reiterated Egypt's readiness to support Nigeria in combating terrorism and extremism, underlining Egypt's willingness to assist through capacity building initiatives and educational cooperation, including support from Al-Azhar Al-Sharif in countering extremist ideologies. The discussion also covered developments in the Middle East, particularly the situation in Gaza. Abdelatty outlined Egypt's efforts to secure a ceasefire and facilitate the delivery of humanitarian aid, strongly condemning Israel's continued violations of international and humanitarian law, and its policies against Palestinian civilians. He emphasized the need for urgent international action to end the war and ensure humanitarian access. Strengthening Egypt–Cyprus Ties Separately, Minister Abdelatty received a phone call from Constantinos Kombos, Minister of Foreign Affairs of Cyprus, as part of the ongoing dialogue aimed at enhancing bilateral cooperation and exchanging perspectives on regional issues. Abdelatty reaffirmed the historical and friendly ties between Egypt and Cyprus and expressed Egypt's keenness to expand cooperation, particularly in the areas of trade, investment, and employment. He also emphasized the importance of continuing collaboration on facilitating Egyptian labor in Cyprus. The Egyptian minister expressed appreciation for Cyprus's continued support for Egypt within the European Union, especially concerning the European financial assistance package allocated to Egypt. The two ministers also reviewed regional and international developments of mutual concern, with a special focus on the Gaza crisis. Abdelatty briefed his Cypriot counterpart on Egypt's diplomatic and humanitarian efforts aimed at achieving a ceasefire and ensuring aid delivery. Both sides agreed on the importance of continued coordination to de-escalate tensions and support regional stability and security.

Egypt's tourism sees 25% surge in early 2025, defying regional challenges
Egypt's tourism sees 25% surge in early 2025, defying regional challenges

Egypt Independent

timean hour ago

  • Egypt Independent

Egypt's tourism sees 25% surge in early 2025, defying regional challenges

Despite facing persistent geopolitical challenges in the region, Egypt's tourism sector has experienced a notable increase in visitor arrivals, as reported by the Egyptian Cabinet. According to data from the Egyptian government's Media Center, tourist arrivals to the country saw a 25 percent increase during the first quarter of 2025 compared to the same period last year. The center reported that Egypt welcomed 15.8 million tourists in 2024, marking an increase of over 21 percent compared to pre-pandemic levels. These figures are considered record-breaking, falling within an ambitious strategy to boost the tourism sector. It clarified that these record numbers were achieved despite geopolitical challenges in the region, indicating that Egypt continues to solidify its position as a leading tourist destination. This is attributed to tourism's vital role as a source of foreign currency and a fundamental economic driver that supports the national economy and empowers local communities. The center also noted that these steps are part of a comprehensive strategy based on providing an inclusive tourism experience, developing human capital, and maximizing returns for citizens under the slogan 'Egypt… Unrivaled Diversity.' The Egyptian government's strategy for advancing the tourism sector aims to achieve economic security in tourism by maximizing direct returns for citizens, focusing on human resources, and enhancing the skills of employees within the ministry and the tourism sector as a whole. The government also seeks to strengthen the role of local communities as essential partners in the tourism development system.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store