Suez Governor el Arabi el Seroy is holding intensive talks for solving the problem of workers of Misr Iran Textile Company (MIRATEX).

Seroy is holding talks with the company's leaderships, the cabinet and the ministries of planning, investment and manpower to settle the crisis.

The governor said he will not allow the closure of any factory or facility.

MIRATEX company workers had staged a protest outside the Suez governorate building to call for saving the company which gave them an obligatory vacations after banks sequestrated the company's funds.