Egypt approves establishment of company to recruit workers abroad

CAIRO – 18 August 2021: The Egyptian government approved a draft decision to establish an Egyptian joint stock company to recruit workers inside the country and abroad.

The company comes under the name “Travel to Recruit Employment Abroad”, and obtained the approval of the Cabinet during its meeting on Wednesday, and the Training and Qualification Fund was allowed to participate in the establishment of the company.

The company will be subject in accordance with the provisions of the law on joint stock companies, partnerships limited by shares, limited liability companies and one-person companies, and its purpose is to enroll Egyptian workers inside and outside, in a manner that does not conflict with the objectives of the Training and Qualification Fund.

The establishment of this company comes within the framework of the efforts exerted to diversify the state’s tools in employing young people, and not limit them to typical government tools, and to develop the skills and capabilities of the Egyptian workers who are targeted to be recruited to work abroad to be an honorable model for Egyptian labor and to attract more of them, according to a cabinet statement.

This is in addition to responding to the increasing demand for Egyptian labor after the Egyptian government signed some labor mobility agreements with Arab countries.