Public sector wage increase signed into law

Next month’s public sector wage hikes are now the law of the land: Legislation that raises basic salaries for public sector workers on 1 July has been ratified by President Abdel Fattah El Sisi, El Watan reports. The bill — approved by the House last month — raises wages by 13% and hikes monthly bonuses by EGP 175-400. It also stipulates a EGP 75 minimum raise to the monthly gross salaries of civil servants who are not covered by the Civil Service Act, who will receive annual raises at the start of the fiscal year, beginning next month.

Other amendments to draft laws approved by El Sisi as published in the Official Gazette yesterday:

• Amendments that cap notary fees for companies that apply to have overseas businesses at EGP 100k;
• Amendments to the Electricity Act to allow the Egyptian Electricity Holding Company (EEHC) to partner with the Egyptian Electricity Transmission Company (EETC) on projects following their planned demerger in 2025, which was approved in principle by the House in April;
• Amendments to the Penal Code that criminalize the unauthorized filming of criminal trials.