Workforce
Minister of Social Solidarity Nevine al-Qabaj made key statements Tuesday on irregular workers.
Those contribute by 40 percent in the country's GDP.
Youth aged 18-29 constitutes 40.2 percent of the workforce in Egypt with men representing 64.1 percent of these youth, Egypt’s Central Agency for Public Mobilization and Statistics (CAPMAS) said, citing data of 2022.
The Assistant Minister said that the size of the cultivated lands is more than 9.4 million feddans (one feddan is equal to 1.03 acres), and the state is currently working on reclaiming more than 4 million more feddans.
It was prepared by the Ministry of Planning and Economic Development in cooperation with the "Macroeconomic Reform and Stability" project funded by the United States Agency for International Development.
Snap Inc on Friday said it cut 7 percent of its global workforce in March, as disclosed by it in a regulatory filing here.
Assuming the election passes smoothly, Egypt should enjoy an upturn in growth over the next 2-3 years, a report by Capital Economic said.
The government is planning to raise women’s participation in the workforce from 22.8 percent in 2014 to 35 percent by 2030, Planning Minister said Saturday.
The workshop included 1,300 Egyptian technical school teachers and administrators from 60 vocational schools.
The Russian Industrial Zone in Egypt will span over 5 million square meters and provide 35,000 direct and indirect jobs.
The company cut 220 jobs, mainly pertaining to maintenance staff and some management.