Kuwait Times, Mon, Sep 23, 2024 | Rabi al-Awwal 20, 1446
Kuwait, Egypt explore new labor recruitment mechanism
Kuwait:
Following a thorough study of the
local labor market needs and demographic structure, Kuwait is set to reopen
recruitment from Egypt soon, said Egyptian Ambassador to Kuwait Ossama Shaltout.
This announcement was made during a meeting with a local media delegation on
Saturday, which focused on the latest agreements established during the recent
13th session of the Egypt-Kuwait Joint Supreme Committee held earlier this
month.
During the session, he said that Egypt has introduced a new online platform
designed to connect employers with skilled labor, aiming to facilitate the
hiring process by verifying workers’ qualifications and certifications,
ultimately improving recruitment efficiency. The platform, he said, has already
demonstrated success in other Arab and Gulf countries.
This move goes in line with Kuwait’s efforts to recruit skilled foreign labor
that matches the needs of the labor market. Shaltout mentioned that Egypt’s
Minister of Labor welcomed the Kuwaiti delegation at the Labor and Workforce
Committee, where the platform’s features and operations were thoroughly
explained. It was also agreed that a technical delegation from Kuwait would
visit Egypt to learn more about the platform.
As a result of the bilateral agreements, Shaltout highlighted that total Kuwaiti
investments in Egypt now stand at approximately $20 billion. During the latest
discussions, he added that Egypt’s leadership encouraged further Kuwaiti
investments through providing a range of incentives, including the “Golden
License,” which is granted to companies that are established to implement
strategic or national projects contributing to achieve sustainable development.
In a separate meeting between Egypt’s Prime Minister Mostafa Madbouly and
Kuwait’s Foreign Minister Abdullah Al-Yahya, Shaltout expressed their mutual
eagerness to address and resolve challenges facing Kuwaiti investors in Egypt.
For instance, the Egyptian government has assured granting the necessary permits
and licenses for strategic investment projects within only a week of proposal
submission.
Kuwaiti investments are expected to grow in coming years, particularly in oil
and gas, manufacturing, and tourism, said the ambassador. He added that Egypt is
also ready to leverage its extensive experience in infrastructure to implement
new projects in Kuwait, similar to successful initiatives undertaken in Saudi
Arabia, Jordan, and Iraq.
22 new bilateral
agreements
To bolster business connections, Shaltout noted that the joint committee has
also agreed to establish regular exchanges between private sector businessmen
from both countries. The Egypt-Kuwait Cooperation Council, co-chaired by
Mohammad Jassem Al-Saqer from Kuwait and Ibrahim Al-Araby from Egypt, will play
a pivotal role in these efforts. A meeting with the council is scheduled for
next Wednesday to discuss the latest developments in the investment sector.
The ambassador also reported that negotiations for 22 new bilateral agreements
between Kuwait and Egypt are progressing well and are expected to be signed
during the 14th session of the Joint Supreme Commission, set to take place in
Kuwait next year.
More travel opportunities
In line with these developments, Shaltout highlighted the existing electronic
visa system and the five-year multiple-entry visa to Egypt for Kuwaiti citizens
and other nationalities, which aim to facilitate travel for both tourists and
businesspeople.
Tourism between Egypt and Kuwait is poised to expand further, with both
countries agreeing to increase flight capacity, said Shaltout. He highlighted
tourism destinations that are gaining more attention among people in Kuwait,
such as Alamein and the North Coast. Regarding the travel of stateless people,
or “bedoon” to Egypt, the two countries have agreed to permit entry only for
those seeking medical treatment or educational opportunities, as is the case for
bedoon who want to travel to other countries.