New established companies of the week are mainly in the service sector

Ahram online, Saturday 25 Dec 2010

Newly established companies this week provide the Egyptian labor market with new 2820 job, according to the weekly bulletin of ministry of investment

Service sector
Service sector attracted the biggest share of job creation last week. (photo: AP)

The service and industry sectors attracted most of this week's new investments, according to a press release by the ministry of investment. Service sector saw the highest number of new companies, 52  companies, followed by 21 in industry.

About 2820 job opportunity were created by 138 newly established enterprises during the period from 19 December till 23 December, more than two thirds of these job opportunities goes to men.

The total capital of these companies is at the level of $ 45.3 millions up from $ 36.3 millions a week before.

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