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El Sisi announces EGP 150 bn program of wage hikes, pension increases amid soaring inflation
The measures include wage increases and a higher minimum wage for civil servants
Egypt secures USD 500 mn from the World Bank to support Takaful and Karama
Egypt’s Takaful and Karama program gets a boost: The World Bank has agreed to a USD 500 mn loan in…
Social ins contributions and payouts to rise in the new year
Among the other stories we’re paying attention to this morning: ECONOMY- Employees will pay more towards social ins. starting in…
Last Night’s Talk Shows: COP27 preparations, the Arab League summit and the EGP float
It was a mixed bag on the talk shows yesterday, with the aftermath of Thursday’s EGP float, preparation for next…
House approves EGP 300 bonus for public sector workers, pensioners
House gives final sign-off on public-sector, pensioner bonuses: The House of Representatives approved disbursing a EGP 300 bonus to public-sector…
House committee approves EGP 300 bonus for public sector workers, pensioners
House committee approves public-sector, pensioner bonuses: The House Manpower Committee approved yesterday disbursing a EGP 300 bonus in November to…
Gov’t announces raft of measures to help with cost of living post-economic conference
Gov’t unveils public-sector minimum wage rise + extends freeze on household electricity prices: The government is pushing ahead with a…
THIS MORNING: It’s gonna be a beautiful weekend + Why we should take a leaf out of Thailand’s book
Good morning, friends, and welcome to a reasonably calm news day as we prepare to slide into the weekend. And…
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