I received a statement from the Workers’ Coordination Committee… Click on the poster below to download it…

According to the statement, a government delegation led by the head of the General Federation of Trade Unions Hussein Meghawer, the head of the General Union of Textile Workers Said el-Gohary and the head of the Textile Holding Company Mohssen el-Gilani met with 20 strike leaders at the City Council. Negotiations started Friday 11:30pm, and ended on the morning of Saturday 2:15am, where the two parties agreed on the following:

1- Ninety days of the annual profit shares will be paid immediately to the workers. The rest will be determined by the General Assembly of the company, on condition that it will be no less than 130 days, and no ceiling was agreed up on. The workers had already received 20 days, so another 70 will be decreed (so from the initial 40 days offered by the management, the strikers raised it to 90 days instead.)

2-The strike days will be considered paid holidays, whose costs will be incurred by the Holding Company

3- Instead of giving the management the right to determine the incentives, the latter will be a function of the basic monthly salary, with an annual increase of 7% of the basic salary.

4- A cooperative society is to be established, funded by the Holding Company, to provide for the transportation of workers. Labor leader Mostafa Fouda has been assigned to direct it

5-No striker will be victimized for taking part in the industrial action. A committee from the strike leaders has been formed to continue negotiating with the Holding Company over increasing the allowances for food and industrial safety.

6-The strike leaders were promised that Mahmoud el-Gebaly, the corrupt company board chairman will be impeached, together with his assistants

7-Work is to resume on Sunday

More details later…