22 Hrs
Source:
المصري اليوم
Modbly: Unemployment drops amid mega projects
The article explains that unemployment rates in Egypt have reached their lowest levels due to the large-scale projects that have been implemented, which have contributed to creating millions of job opportunities for young people in sectors such as tourism, outsourcing, and real estate. It also mentions that the Suez Canal Economic Zone has seen the opening of nine new industrial projects with investments totaling $84.5 million, providing approximately 2,000 jobs. There are about 212 factories in the area, employing thousands of workers, with some employees earning up to 15,000 Egyptian pounds per month after years of work. The government aims to increase private sector investments to 70-75% of total investments over the next four years in order to boost economic growth and create more job opportunities.
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