181 New companies generate 3,867 jobs and LE 338 million in issued capitals

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Date:   Jun 28, 2008



Some 3,867 jobs are to be created by 181 newly-established companies, stated weekly data of the Ministry of Investment.

The new companies were established during the period from 22 to 26 June 2008 in fields of agriculture (16), industry (44), tourism (2), services (56) and multi-activities (63), with a daily average of 36 companies.

The newly established companies took different legal forms; joint stock companies (60), limited liability companies (49), joint-venture companies (13), companies limited by shares (18), individual enterprises (37) and limited partnership (one company).

Total issued capital of these companies is about LE 338 million distributed as follows:

Governorate/ Location

No. Companies

Issued Capital (LE)

No. Jobs Created

All Governorates

88

208,853,825

2128

Cairo

20

9,694,300

181

Giza

29

62,787,000

633

Qalyobeya

9

9,901,000

246

Ismailia

1

10,000,000

15

Alexandria

10

4,621,000

153

Assiut

2

2,000,000

40

Sharkeya

3

650,000

21

Monofeya

2

60,000

103

Suez

3

11,320,000

209

Dakahleya

3

405,000

40

Red Sea

2

550,000

19

Behera

3

15,000,000

81

Bein Suef

2

1,300,000

62

Fayoum

1

300,000

6

Menya

2

600,000

28

El Wady El Gedeed

1

300,000

5

These companies are expected to provide 3,867 jobs for Egyptians (62 percent for males, 15 percent for females and 23 percent for either males or females) in the following fields:

Specialty

No. Jobs

Craft

2067

Administrative

1070

Agricultural

261

Engineering

344

Medical

71

Tourist

54


 

 
 
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