Nuqul Group signs an agreement with the Labor Union

The agreement entailed an increase of 4% on all salaries of employees under the category of technicians and workers in Fine, Al Keena, Al Snobar Hygienic Paper companies, Perfect Printing Press and Quality Printing Press.

The increase will be effective as of the 1st of April 2010 in addition to the provision of a bonus that equals half the salary to all employees of the mentioned companies recognizing their continuous efforts to be implemented by the beginning of September 2009.

On this occasion Mr. Nicola Billeh, Human Resource Director at Nuqul Group stated:

"We are committed to continuously develop our most treasured asset, our people. We always seek new agreements and partnerships with renowned entities such as the Labor Union to foster our appreciation of the value of diversity operating in a competitive environment. "

Mr. Billeh added: "We grant equal opportunity in all aspects of employment to all qualified persons with an obligation towards staff who seek growth to fulfill their aspirations and goals tailoring our job packages to meet expectations and needs."

Mr. Mohammed Zubi, CEO of the Labor Union said: "I take this opportunity to thank Nuqul Group's administration for their commitment to ensure the best working environment for their employees; today we translated this commitment into an effective agreement despite the prevalent financial crisis. This agreement reflects the true partnership between the private sector and the Labor Union and emphasizes the importance of continuous sharing of expertise and knowledge through regular meetings between both parties to maintain the sustainability of development, improved working conditions and the preserving of labor rights."