Federation of Egyptian Industries Reviews Minimum Wages of Private Sectors

Eng. Mohamed Zaki Al Suwaidi, Chairman of the Federation of Egyptian Industries (FEI) is holding today meeting with the Egyptian Workers Union in order to discuss the minimum wages and to solve all the problems between the two parties without restoring to any other party.

Al Suwaidi has confirmed on the cooperation between the businessmen and the workers so as to achieve success at the economic level, noting that the current phase requires us to unite efforts and agreed in visions to solve the problems and challenges that we are currently facing and the implementation of targeted economic development plans.

It is worth mentioning that the Federation of Egyptian Industries and the Egyptian Workers Union agreed previously on the value of minimum wages of the private sector, in addition the necessary Procedural and legislative reforms, especially Labor Law and social insurances.