Prime Minister Sherif Ismail said Sunday the state appreciates efforts of the private sector for opening new businesses employing more youths.

This came during a meeting Ismail had with Egyptian Junior Business Association (EJB) Chairman Ahmed Mashhour and a number of board members.

Cabinet spokesman Hossam Qawish said the EJB invited the premier to attend the opening ceremony of a conference held in Sharm El Sheikh under the "Egypt is Working" to launch a new initiative under "Work".

The conference will be held on December 17 and 18 under the auspices of President Abdel Fattah El Sisi.

The conference will be a good opportunity for all parties concerned about employment topped by ministries, trade unions, and investors.