Unemployment falls for third consecutive quarter to 6.5%
Female unemployment rose during the quarter, while male unemployment fell
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Female unemployment rose during the quarter, while male unemployment fell
OECD also recommends Egypt should double down on phasing out energy subsidies
The new social security measures and tax policy framework will be discussed during public consultations next month
Base rate for private-sector workers to rise 17% to EGP 3.5k gross per month
Private-sector employees on the minimum wage will have seen their monthly income rise 45% in the past six months
The gov’t recently hiked private sector minimum wage by 11%
Watch this space on fresh renewables targets, pan-African payments, and the privatization program
Yet another minimum wage hike could be in the cards this year
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