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The new labor law clarifies that only three entities are authorized to undertake the recruitment of Egyptians for work abroad: ministries and public authorities; public sector companies and their enterprises; and licensed private employment agencies approved by the relevant ministry. These entities must meet strict financial and administrative conditions to ensure compliance and lawful operation. To obtain a license, private employment agencies must have founders and management team members who are not convicted of any crimes. The company's minimum capital must be at least one million Egyptian pounds, with the majority of shareholders being Egyptians. Additionally, a security deposit of one million pounds is required to guarantee compliance. The license is granted for one year and can be renewed, with a fee of up to ten thousand Egyptian pounds.
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