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Égypt-actus
Égypt-actus
revue de presse sur l'actualité culturelle, archéologique, politique et sociale de l'Égypte
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Rise in factory closures reflects Egypt’s compound economic malaises

Rise in factory closures reflects Egypt’s compound economic malaises | Égypt-actus | Scoop.it

Time and time again, officials have accused ongoing protests, workers’ strikes and labor action of halting the so-called wheel of production. The counter argument has also been reiterated, attributing the ailing economy to the government’s myriad bad decisions and their mismanaged implementation.

Production implies industry, and industry refers to the thousands of factories in Egypt, all of which have suffered in one way or another as a result of an economic slowdown, a mounting funding crisis on the national level, diminished foreign reserves and feeble capital inflows.

The dynamic only exacerbates already existing problems in the country’s industrial sector, incurring further discontent among workers. These sector-specific troubles are reflective of, and further compounded by, broader economic turmoil.

Since the January 2011 uprising, at least 4,500 factories have been shut down, with hundreds of thousands of workers laid off, according to a study conducted by a labor rights group in February.

As Egypt’s dire economic conditions worsen, further closures and layoffs are expected.

 

Jano Charbel / Egypt independent

More : http://www.egyptindependent.com/news/rise-factory-closures-reflects-egypt-s-compound-economic-malaises

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Bee'ah and Suez Environnement sign waste agreement

Bee'ah and Suez Environnement sign waste agreement | Égypt-actus | Scoop.it

 

Waste management firm Bee'ah and Suez Environnement, through its subsidiary SITA have entered into a MoU (Memorandum of Understanding) to bring to the UAE best waste management practices.

The two waste management operators agreed to work together to close the loop of waste recycling in Sharjah through establishment of recycling facilities for plastics and wood, e-waste, as well as working jointly to better waste collection, fleet management, and waste treatment in the country.

HE Salim Al Owais, chairman of Bee'ah, said: "This agreement brings Bee'ah one step closer to its goal for Sharjah to attain zero-waste to landfill by 2015. Our collaboration with Suez Environnement in waste management will help us bring some of the best European waste management practices and environmental technologies to the UAE."

ConstructionWeekOnline.com

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