Read Time: 2 minutes
The Egyptian Trade Union Federation (ETUF) last Tuesday rejected the recently-passed resolution of the board of directors of the Egyptian Iron and Steel Company for its liquidation due to heavy financial losses over the last few years, according to a report in the Egyptian news outlet Ahram Online. This followed massive protests and sit-in demonstrations by thousands of workers of the government-owned company. The ETUF statement also appealed to all bodies concerned to overturn the decision and form a national committee of experts to examine the consequences of the liquidation, which according to estimates, would result in approximately 8,000 employees losing their jobs.
As per a report in the independent Egyptian news outlet Mada Masr, around 4,000 workers participated in massive sit-in demonstrations outside the company’s headquarters in the city of Helwan on Sunday and Monday. The workers reportedly surrounded and occupied the headquarters. The protesting workers also demanded that the authorities carry out thorough independent investigations into the various allegations of corruption, foul play and favoritism at the company.
While the 77-year-old company is currently operating at a loss, it has been a major player in the construction and development of several large-scale public sector infrastructure projects which have contributed to Egypt’s social and economic progress. It employs over 14,000 workers.
The decision to liquidate the company was met with uproar from various trade organizations and workers’ unions, including state-affiliated ones, a report in the Daily News Egypt stated this week. The decision was also opposed by several parliamentarians, politicians and civil society activists. The Center for Trade Union and Workers’ Services (CTUWS) called for the fiscal rescue of the company, saying, “saving and developing the company is not impossible, but it will be a process that needs determination and rational management.”
Head of the Private Sector Workers’ Syndicate Shabaan Khalifa also voiced opposition to the liquidation plan, calling it “a negative decision that will result in the further economic deterioration of the already depressed and suffering working class and middle class in Egypt.” He also demanded that the government explain the basis on which such a decision was made, which he estimated would adversely affect 7,500 families. He added that “other options could have been discussed such as cooperation with the private sector or others.”
The ETUF noted that saving the company is important not only due to its historical contribution to Egypt’s economic growth, but also pointed to its recent production and supply of oxygen cylinders to the Egyptian health ministry, critical to fight the pandemic. The ETUF decided to approach Egyptian president Abdel Fattah El-Sisi to intervene in the matter and rescue the company. It also asked for the formation of a national committee of experts to examine how the company can be resuscitated.
This article is a perfect blend of informative and entertaining. Well done!
자산 관리하기 앞서 소개했던 카지노사이트 이용 팁 중에서 가장 중요한 항목입니다.
Good poost but I wass wonderng if you could writ a litte mokre on thks topic?
I’d bee very grateful if youu could elaborate a little biit more.
Bess you!
Thank you for the sensible critique. Me & my neighbor were just preparing to do some research about this. We got a grab a book from our local library but I think I learned more clear from this post. I am very glad to see such wonderful info being shared freely out there.
There is certainly a lot tto fin oout abnout this topic. I
liike aall of the points youu made.
hi!,I love yur writing soo sso much! percentage we keep up a correspondencde extra about
your article oon AOL? I need a speciaalist inn
this aeea to resolve myy problem. May bee thaqt iis
you! Looking aahead too peder you.
e69gyl
Heya! I just wanted to ask if you ever have any issues with hackers? My last blog (wordpress) was hacked and I ended up losing several weeks of hard work due to no backup. Do you have any solutions to stop hackers?
I do not even understand how I stopped up right here, however I assumed this submit used to be great. I do not recognise who you are but certainly you are going to a famous blogger when you aren’t already 😉 Cheers!
certainly like your web site but you have to take a look at the spelling on several of your posts. Many of them are rife with spelling issues and I find it very bothersome to inform the reality then again I¦ll surely come again again.
I am glad that I found this weblog, precisely the right information that I was searching for! .
so much good info on here, : D.
he blog was how do i say it… relevant, finally something that helped me. Thanks
You actually make it seem so easy with your presentation but I find this topic to be really something that I think I would never understand. It seems too complicated and extremely broad for me. I am looking forward for your next post, I’ll try to get the hang of it!
hello there and thank you for your information – I have definitely picked up something new from right here. I did however expertise several technical points using this website, as I experienced to reload the web site a lot of times previous to I could get it to load correctly. I had been wondering if your web hosting is OK? Not that I am complaining, but sluggish loading instances times will very frequently affect your placement in google and could damage your high-quality score if advertising and marketing with Adwords. Well I’m adding this RSS to my email and can look out for a lot more of your respective fascinating content. Ensure that you update this again soon..
Hello! I just would like to give a huge thumbs up for the great info you have here on this post. I will be coming back to your blog for more soon.
I evety time spewnt my hazlf ann hour too read this web site’s content evwry dday allong
wiyh a muug of coffee.
Thhanks verry intrresting blog!
You may be able to borrow more and enjoy lower monthly repayments by using your home’s equity. Review current offers today.
I’m impressed, I have to say. Actually not often do I encounter a blog that’s both educative and entertaining, and let me let you know, you’ve hit the nail on the head. Your idea is outstanding; the issue is something that not sufficient persons are speaking intelligently about. I’m very pleased that I stumbled across this in my seek for something relating to this.
Hello my loved one! I want to say that this post is awesome, great written and include almost all significant infos. I’d like to look more posts like this .
I don’t unremarkably comment but I gotta admit thankyou for the post on this amazing one : D.
Hi , I do believe this is an excellent blog. I stumbled upon it on Yahoo , i will come back once again. Money and freedom is the best way to change, may you be rich and help other people.
Such a informative resource.
Great paintings! That is the type of information that should be shared across the web. Shame on the seek engines for not positioning this publish higher! Come on over and seek advice from my site . Thanks =)
I found new insight from this.
Such a beneficial bit of content.
I’ll certainly bookmark this page.
Exactly what I was searching for, appreciate it for posting.
I found new insight from this.
You’ve clearly done your homework.
I genuinely admired the style this was laid out.
Such a helpful resource.
I learned a lot from this.
I learned a lot from this.
Such a helpful resource.
This is the kind of writing I look for.
This write-up is well-written.
Thanks for helping out, wonderful info. “A man will fight harder for his interests than for his rights.” by Napoleon Bonaparte.
Such a useful read.
More blogs like this would make the internet more useful.
I’ll definitely bookmark this page.
I genuinely admired the style this was explained.
Such a informative read.
Hi there! I just wanted to ask if you ever have any issues with hackers? My last blog (wordpress) was hacked and I ended up losing several weeks of hard work due to no backup. Do you have any methods to prevent hackers?
Thanx for the effort, keep up the good work Great work, I am going to start a small Blog Engine course work using your site I hope you enjoy blogging with the popular BlogEngine.net.Thethoughts you express are really awesome. Hope you will right some more posts.
I genuinely valued the way this was laid out.
As a Newbie, I am always browsing online for articles that can benefit me. Thank you
I am constantly browsing online for posts that can help me. Thanks!
Este site é realmente demais. Sempre que consigo acessar eu encontro coisas boas Você também pode acessar o nosso site e saber mais detalhes! informaçõesexclusivas. Venha saber mais agora! 🙂
demais este conteúdo. Gostei muito. Aproveitem e vejam este conteúdo. informações, novidades e muito mais. Não deixem de acessar para descobrir mais. Obrigado a todos e até mais. 🙂
Este site é realmente fabuloso. Sempre que acesso eu encontro coisas boas Você também vai querer acessar o nosso site e descobrir mais detalhes! Conteúdo exclusivo. Venha descobrir mais agora! 🙂
I am glad that I noticed this blog, exactly the right information that I was looking for! .
Wow, that’s what I was searching for, what a data!
existing here at this blog, thanks admin of this site.
Hi my family member! I want to say that this post is awesome, great written and include almost all significant infos. I would like to peer extra posts like this .
whoah this weblog is excellent i like studying your articles. Stay up the great paintings! You realize, many persons are hunting round for this information, you could aid them greatly.
I am often to blogging and i really appreciate your content. The article has really peaks my interest. I am going to bookmark your site and keep checking for new information.
I discovered useful points from this.
Would you be involved in exchanging links?
Its excellent as your other blog posts : D, appreciate it for posting. “In the spider-web of facts, many a truth is strangled.” by Paul Eldridge.
I’d always want to be update on new posts on this website , saved to my bookmarks! .
What’s up, I rezd ykur blogs regularly. Your humooristic style is witty, keep dooing wwhat you’re doing!
hi!,I really like your writing very so much! percentage we be in contact extra approximately your post on AOL? I need an expert in this house to resolve my problem. Maybe that is you! Taking a look ahead to peer you.
Some truly nice and utilitarian information on this web site, as well I think the style has got superb features.
I am glad to be one of many visitants on this outstanding internet site (:, thanks for posting.
I am pleased that I found this web site, exactly the right information that I was searching for! .
Please let me know if you’re looking for a writer for your weblog. You have some really great articles and I feel I would be a good asset. If you ever want to take some of the load off, I’d really like to write some material for your blog in exchange for a link back to mine. Please shoot me an email if interested. Thanks!
Very nice article and straight to the point. I don’t know if this is in fact the best place to ask but do you folks have any ideea where to hire some professional writers? Thanks 🙂
It’s a shame you don’t have a donate button! I’d certainly donate to this fantastic blog! I suppose for now i’ll settle for bookmarking and adding your RSS feed to my Google account. I look forward to new updates and will share this blog with my Facebook group. Talk soon!
Great post. I was checking constantly this blog and I’m impressed! Extremely useful info particularly the last part 🙂 I care for such information much. I was seeking this particular info for a long time. Thank you and best of luck.
Generally I don’t read article on blogs, but I wish to say that this write-up very forced me to try and do so! Your writing style has been surprised me. Thanks, quite nice article.
Your home is valueble for me. Thanks!…
Hi, just required you to know I he added your site to my Google bookmarks due to your layout. But seriously, I believe your internet site has 1 in the freshest theme I??ve came across. It extremely helps make reading your blog significantly easier.
I like what you guys are up also. Such smart work and reporting! Keep up the superb works guys I?¦ve incorporated you guys to my blogroll. I think it’ll improve the value of my website 🙂
But wanna input on few general things, The website style is perfect, the content is very wonderful. “To establish oneself in the world, one has to do all one can to appear established.” by Francois de La Rochefoucauld.
I got what you mean ,saved to favorites, very decent site.
You must participate in a contest for the most effective blogs on the web. I’ll recommend this website!
Hiya, I’m really glad I’ve found this info. Nowadays bloggers publish just about gossips and internet and this is actually irritating. A good blog with interesting content, that’s what I need. Thanks for keeping this web-site, I’ll be visiting it. Do you do newsletters? Cant find it.
The next time I read a blog, I hope that it doesnt disappoint me as much as this one. I mean, I know it was my choice to read, but I actually thought youd have something interesting to say. All I hear is a bunch of whining about something that you could fix if you werent too busy looking for attention.
Throughout this great scheme of things you secure an A just for effort and hard work. Exactly where you actually misplaced everybody was on your details. You know, as the maxim goes, the devil is in the details… And that could not be more accurate here. Having said that, permit me reveal to you just what did do the job. The article (parts of it) is certainly rather persuasive and that is probably why I am taking the effort to comment. I do not really make it a regular habit of doing that. Second, while I can easily notice a jumps in logic you make, I am not really certain of exactly how you seem to unite the points that make the actual conclusion. For now I will yield to your position but trust in the future you actually connect the dots much better.
Almost all of the things you claim is supprisingly precise and that makes me wonder why I hadn’t looked at this with this light previously. Your article truly did switch the light on for me personally as far as this specific topic goes. However there is actually one issue I am not too comfy with so while I try to reconcile that with the actual central theme of your position, let me observe just what the rest of your subscribers have to say.Very well done.
I love it when people come together and share opinions, great blog, keep it up.
It is my belief that mesothelioma is definitely the most deadly cancer. It contains unusual properties. The more I really look at it the greater I am confident it does not act like a real solid cells cancer. In the event mesothelioma can be a rogue viral infection, so there is the potential for developing a vaccine as well as offering vaccination for asbestos exposed people who are really at high risk associated with developing foreseeable future asbestos associated malignancies. Thanks for expressing your ideas about this important health issue.
Awsome site! I am loving it!! Will come back again. I am bookmarking your feeds also.
What?s Happening i’m new to this, I stumbled upon this I’ve found It absolutely useful and it has aided me out loads. I hope to contribute & aid other users like its helped me. Great job.
Hello, i think that i saw you visited my site thus i came to “return the favor”.I am trying to find things to enhance my web site!I suppose its ok to use a few of your ideas!!
hello there and thank you for your info – I’ve certainly picked up anything new from right here. I did however expertise some technical issues using this site, since I experienced to reload the website many times previous to I could get it to load properly. I had been wondering if your web host is OK? Not that I’m complaining, but slow loading instances times will often affect your placement in google and can damage your high-quality score if advertising and marketing with Adwords. Anyway I am adding this RSS to my email and can look out for much more of your respective fascinating content. Make sure you update this again soon..
Thanks for some other informative web site. The place else may just I am getting that type of information written in such a perfect means? I have a challenge that I am simply now working on, and I’ve been at the look out for such information.
Hi! I’m at work surfing around your blog from my new apple iphone! Just wanted to say I love reading your blog and look forward to all your posts! Keep up the excellent work!
Hello would you mind letting me know which hosting company you’re working with? I’ve loaded your blog in 3 different internet browsers and I must say this blog loads a lot quicker then most. Can you recommend a good hosting provider at a fair price? Thank you, I appreciate it!
Hmm it seems like your site ate my first comment (it was super long) so I guess I’ll just sum it up what I had written and say, I’m thoroughly enjoying your blog. I as well am an aspiring blog blogger but I’m still new to the whole thing. Do you have any tips and hints for novice blog writers? I’d definitely appreciate it.
Thanks for your article on the vacation industry. I will also like to add that if you’re a senior contemplating traveling, it can be absolutely crucial that you buy travel cover for elderly people. When traveling, elderly people are at high risk of getting a medical emergency. Having the right insurance coverage package for your age group can protect your health and provide peace of mind.
Hmm it appears like your blog ate my first comment (it was super long) so I guess I’ll just sum it up what I submitted and say, I’m thoroughly enjoying your blog. I as well am an aspiring blog writer but I’m still new to everything. Do you have any tips for beginner blog writers? I’d definitely appreciate it.
Admiring the commitment you put into your blog and in depth information you provide. It’s awesome to come across a blog every once in a while that isn’t the same old rehashed information. Wonderful read! I’ve bookmarked your site and I’m including your RSS feeds to my Google account.
I¦ve learn a few excellent stuff here. Definitely value bookmarking for revisiting. I surprise how a lot attempt you place to make any such great informative site.
Amazing blog! Is your theme custom made or did you download it from somewhere? A design like yours with a few simple tweeks would really make my blog stand out. Please let me know where you got your design. Many thanks