Social solidarity minister exempts public banks and oil companies from maximum income law
Boraie says decision was made to retain ability of sectors to compete…
Egypt lost 3,000 of its millionaires under Morsi government: Credit Suisse
A significant drop in the number of Egyptian millionaires echoing the decline…
Nearly 5 million workers will benefit from minimum income: Ministry of Finance
Ministry said it is taking “executive measures” to apply minimum income
New medical incentives law to cost government EGP 6bn
Law would see 420% to 600% increase in monthly salaries for government…
Maximum income for public banks opposed by sector
Bankers express concern that public bank maximum wage law will push talent…
Ministry of Finance begins implementation of income tax amendments
The government relinquished these funds for the benefit of citizens, and it…
Amendments in Egypt’s general budget
New amendments aim to accommodate latest economic and financial developments
Private sector minimum wage negotiations to start next week
Economic struggle of businessmen to be taken into consideration when setting the…
Minimum income deemed “unjust”
Arguments arise over whether or not the new minimum income announced for…
Minimum income announced at EGP 1200
Maximum wage remains unannounced as the minimum income decision receives mixed reactions
