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Compensation Law rescues 5,000 construction companies from bankruptcy: Egyptian Federation for Construction

Sahl Al Damrawi, member of the Egyptian Federation for Construction and Building Contractors, said that the issuance of the Compensation Law saved more than 5,000 construction companies from bankruptcy and the laying off thousands of workers. Al Damrawi said that these companies were challenged with the rise of all prices of building materials, which have …

Daily News Egypt

Government must finalise new bankruptcy law to attract entrepreneurs: LACI

CEO of Los Angeles Cleantech Incubator (LACI) Fred H. Walti determined three key factors to attracting American startups to Egypt. He said that cooperation between the government and private sector is considered very important for economic revival and attracting more entrepreneurial companies to invest in Egypt. During the roundtable meeting held by the US Embassy …

Nihal Mounir

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