The Labour Law Number 12 of 2003 (the Labour Law) is needed to
undergo specific changes for being abreast with the existing
practices and for avoiding the unwanted adverse effects on the
employer-employee relations in the economy. The Labour Law replaced
that previous Law Number 127 of 1981 and is being formerly getting
negotiated at the Egyptian Parliament. The Parliament is discussing
several amendments, but the promulgation date is still under
substantial discussions.
The main intention of reforming the Labour Law is not to
decrease the rights of the employees but also to provide clarity
and flexibility for the companies conducting business without the
need for resorting to solutions that are unregulated. The Egyptian
Parliament is also discussing the possibility of ventures which
will attract international investors for an investment
strategy.
