[size=36]Industry: Granting more than 158 foundation licenses to graduates[/size]
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The Director General of Industrial Development, Aziz Nazim Abed, said in a statement to the ministry, which Mawazine News received a copy of, that "the directorate has granted more than 158 leave to unemployed graduates," noting that "the increase in the number of vacations granted to young graduates and the demand of graduates for them came. As a result of the appropriate environment provided by the directorate, and the privileges and incentives that the graduate receives, which reach 90 percent.
He added, "The privileges include reducing the fees for obtaining the establishment permit, providing places designated for establishing projects in cooperation with the companies of the Ministry of Industry and Minerals, addressing the Central Bank to provide loans, and preparing a training curriculum to familiarize the graduate with the basics of establishing industrial projects."
He pointed out that "youth projects for which the founding permit was granted within the initiative of the directorate, was not limited to traditional industries only, but diversified to establishing projects for innovative industries and of an unmanaged style, such as the manufacture of honey apiaries devices, medical devices, and others." Ended 29/A43