{"id":607684,"date":"2023-10-08T00:00:00","date_gmt":"2023-10-08T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=afternoon&#038;p=607684"},"modified":"2025-12-17T01:07:14","modified_gmt":"2025-12-17T01:07:14","slug":"still-not-a-good-news-day","status":"publish","type":"afternoon","link":"https:\/\/enterpriseam.com\/egypt\/afternoon\/still-not-a-good-news-day\/","title":{"rendered":"Still not a good news day"},"content":{"rendered":"<section id=\"607686\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"607686\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">1<\/div>\r\n\r\n                    <p class=\"f-graphik\">WHAT WE\u2019RE TRACKING TONIGHT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2023\/10\/08\/two-israeli-tourists-egyptian-tour-guide-killed-in-alexandria\/\">\r\n                            Two Israeli tourists + Egyptian tour guide killed in Alexandria                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2023\/10\/08\/two-israeli-tourists-egyptian-tour-guide-killed-in-alexandria\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2023\/10\/08\/two-israeli-tourists-egyptian-tour-guide-killed-in-alexandria\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2023\/10\/08\/two-israeli-tourists-egyptian-tour-guide-killed-in-alexandria\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Two Israeli tourists + Egyptian tour guide killed in Alexandria&url=https:\/\/enterpriseam.com\/egypt\/2023\/10\/08\/two-israeli-tourists-egyptian-tour-guide-killed-in-alexandria\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2023\/10\/08\/two-israeli-tourists-egyptian-tour-guide-killed-in-alexandria\/&title=Two Israeli tourists + Egyptian tour guide killed in Alexandria\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Two+Israeli+tourists+%2B+Egyptian+tour+guide+killed+in+Alexandria+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2023%2F10%2F08%2Ftwo-israeli-tourists-egyptian-tour-guide-killed-in-alexandria%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2023\/10\/08\/two-israeli-tourists-egyptian-tour-guide-killed-in-alexandria\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/11\/27.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"607687\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2023\/10\/08\/two-israeli-tourists-egyptian-tour-guide-killed-in-alexandria\/27-jpg-25\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/11\/27.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"27.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/11\/27.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2021\/11\/27.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-607686\" class=\"content-area-description single-story post-607686 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-tonight tag-enterprisepm tag-israel-egypt-relations tag-tourism tag-what-were-tracking-tonight wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/10\/.812c3f38-8fa1-41e5-b636-37f1bf19a1c2.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Good afternoon, ladies and gentlemen. <\/strong> After starting off with a bad news day this morning, we unfortunately don\u2019t have much to offer up this afternoon by way of a positive turn of events.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> THE BIG STORY TODAY <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong> An Egyptian policeman killed two Israeli tourists and their local tour guide <\/strong><strong> after opening fire at the group <\/strong> at a tourist site in Alexandria, state-run Al Qahera News reported (<a target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=-OyaQvF0w48\" style=\"\" rel=\"noopener\">watch, runtime: 1:08<\/a>). The shooter has been detained, and a third injured tourist is currently receiving medical attention, according to Extra News (<a target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=FgOibmHafDc\" style=\"\" rel=\"noopener\">watch, runtime: 0:42<\/a>). <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> THE BIG STORY ABROAD <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Israel\u2019s war with Palestine is still dominating the international press since we last wrote <\/strong><strong> to you this morning. <\/strong>The surprise attack on Israel led by Hamas prompted the Israeli forces to retaliate by attacking Gaza and has claimed approximately 300 lives, so far, promising a lengthy war to avenge an unprecedented move that has put Israel\u2019s intelligence apparatus into question. The siege by Hamas gunmen began yesterday as they attacked by air, land and sea, rampaging through Israeli settlements and capturing hostages, including military personnel and taking them into Gaza. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/israeli-forces-clash-with-hamas-gunmen-after-hundreds-killed-2023-10-08\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-10-08\/israel-latest-fighting-continues-in-the-south-mortars-in-north?srnd=premium-middle-east\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2023\/10\/08\/israeli-forces-clash-with-hamas-gunmen-after-hundreds-killed.html\" style=\"\" rel=\"noopener\">CNBC<\/a> | <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/world\/middle-east\/israel-strikes-hamas-and-hezbollah-sites-hunts-intruders-in-the-south-f8f40203\" style=\"\" rel=\"noopener\">Wall Street Journal<\/a> | <a target=\"_blank\" href=\"https:\/\/www.washingtonpost.com\/world\/2023\/10\/08\/israel-gaza-strikes-hamas-netanyahu\/\" style=\"\" rel=\"noopener\">Washington Post<\/a> | <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/8561ecb1-8c3f-4df0-92d3-4f935bcc6b06\" style=\"\" rel=\"noopener\">Financial Times<\/a>) <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> ** CATCH UP QUICK <\/strong> on the top stories from today\u2019s <strong> EnterpriseAM<\/strong>:<\/p>\n<ul>\n<li><strong> Egypt <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/34d82cce-f4dd-436a-b2d7-ef783c0903de\" style=\"\" rel=\"noopener\">needs to move forward with another currency devaluation<\/a><\/strong><strong> or we will \u201cbleed\u201d reserves<\/strong>, IMF chief Kristalina Georgieva said in an interview last week. <\/li>\n<li><strong> Moody\u2019s <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/6fce3ee3-016d-412b-be92-c47ec2ae0e72\" style=\"\" rel=\"noopener\">has downgraded Egypt\u2019s sovereign credit rating further<\/a><\/strong><strong> into junk territory, <\/strong>citing worsening debt affordability and the impact of the FX crunch on our ability to meet our repayments.<\/li>\n<li><strong> The World Bank <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b2f9b1b3-dd65-41f5-a301-4613e12d726e\" style=\"\" rel=\"noopener\">sees Egypt\u2019s growth slowing in the state\u2019s 2023-2024 fiscal year<\/a><\/strong><strong> . <\/strong> That comes as the region is growing a whole lot slower.<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"web-image-inner\"><img data-recalc-dims=\"1\" decoding=\"async\" style=\"display: block\" src=\"https:\/\/i0.wp.com\/enterprise.press\/wp-content\/uploads\/2022\/03\/Inside-Industry-en-WEB-1600x584-v5-03-1.jpg\" alt=\"enterprise\"><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> *** It\u2019s Inside Industry day \u2014 <\/strong><strong> your weekly briefing of all things industrial in Egypt. <\/strong> Inside Industry focuses each Sunday on what it takes to turn Egypt into a manufacturing and export powerhouse, ranging from initial investment and planning to product distribution, through to land allocation to industrial processes, supply chain management, labor, automation and technology, inputs and exports, regulation and policy.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> In today\u2019s issue: <\/strong> The private sector minimum wage is scrambling to keep up with inflation and public sector wages. What does that mean for industry?<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">\n   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily<br \/>\n  <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>\n <\/div>\n<\/p><\/div>\n<\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> ?\ufe0f <\/strong><strong> TOMORROW\u2019S WEATHER- <\/strong>The mercury will rise to a high of 32\u00b0C and drop to cooler 26\u00b0C in the evening, according to our favorite weather app. <\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/israel-egypt-relations\/\">Israel-Egypt relations<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tourism\/\">tourism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/what-were-tracking-tonight\/\">WHAT WE\u2019RE TRACKING TONIGHT<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"607688 advertiser\" class=\"issue-section enterprise-adv\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"607688\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2023\/10\/08\/607688\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-607688\" class=\"content-area-description single-story post-607688 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/www.beltoneholding.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/ads\/imgs\/30.jpg?ssl=1\"><\/a><\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"607689\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"607689\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">FOR YOUR COMMUTE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2023\/10\/08\/the-latest-work-catch-phrase-coffee-badging-forget-gym-memberships-egg-freezing-is-the-newest-work-perk\/\">\r\n                            The latest work catch-phrase: Coffee badging + Forget gym memberships. Egg freezing is the newest work perk                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2023\/10\/08\/the-latest-work-catch-phrase-coffee-badging-forget-gym-memberships-egg-freezing-is-the-newest-work-perk\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2023\/10\/08\/the-latest-work-catch-phrase-coffee-badging-forget-gym-memberships-egg-freezing-is-the-newest-work-perk\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2023\/10\/08\/the-latest-work-catch-phrase-coffee-badging-forget-gym-memberships-egg-freezing-is-the-newest-work-perk\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=The latest work catch-phrase: Coffee badging + Forget gym memberships. Egg freezing is the newest work perk&url=https:\/\/enterpriseam.com\/egypt\/2023\/10\/08\/the-latest-work-catch-phrase-coffee-badging-forget-gym-memberships-egg-freezing-is-the-newest-work-perk\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2023\/10\/08\/the-latest-work-catch-phrase-coffee-badging-forget-gym-memberships-egg-freezing-is-the-newest-work-perk\/&title=The latest work catch-phrase: Coffee badging + Forget gym memberships. Egg freezing is the newest work perk\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=The+latest+work+catch-phrase%3A+Coffee+badging+%2B+Forget+gym+memberships.+Egg+freezing+is+the+newest+work+perk+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2023%2F10%2F08%2Fthe-latest-work-catch-phrase-coffee-badging-forget-gym-memberships-egg-freezing-is-the-newest-work-perk%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2023\/10\/08\/the-latest-work-catch-phrase-coffee-badging-forget-gym-memberships-egg-freezing-is-the-newest-work-perk\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/367.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"607690\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2023\/10\/08\/the-latest-work-catch-phrase-coffee-badging-forget-gym-memberships-egg-freezing-is-the-newest-work-perk\/367-jpg-19\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/367.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"367.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/367.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/367.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-607689\" class=\"content-area-description single-story post-607689 post type-post status-publish format-standard has-post-thumbnail hentry category-for-your-commute tag-enterprisepm tag-for-your-commute tag-office-life wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/10\/.cff5e36e-9ac5-43db-a9b0-3187662ae581.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong> Employees in the US are returning to the office \u2014 for coffee: <\/strong>Rather than attending full days, up to 58% of hybrid employees are stepping into the office for just a few hours before finishing off their actual work duties from home, according to a survey by <a target=\"_blank\" href=\"https:\/\/owllabs.com\/state-of-hybrid-work\/2023\" style=\"\" rel=\"noopener\">Owl Labs<\/a>. This phenomenon, dubbed \u201ccoffee badging,\u201d essentially entails dropping by to socialize and build rapport with fellow co-workers a few times a month before heading out again.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Flexibility and trust are key: <\/strong> Aside from the fact that more employees report being more productive when working from home \u2014 think less time commuting and fewer in-person distractions \u2014 adaptable working hours are the holy grail: Typical working hours \u201cjust [don\u2019t] seem all that relevant,\u201d <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2023\/10\/05\/as-return-to-office-mandates-pick-up-employees-find-coffee-badging-workaround.html?__source=androidappshare\" style=\"\" rel=\"noopener\">CNBC<\/a> quoted Owl Labs CEO Frank Weishaupt as saying. But in order to achieve that, trust must be established between employers and their subordinates. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> But not everyone is having it. <\/strong> Companies like Meta, Google, Amazon and JPMorgan Chase are doing the opposite by following closely when their employees work \u2014 even as some <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/861ddc3a-5fe1-4dff-b85b-dfaef76aad63\" style=\"\" rel=\"noopener\">no longer want them on payroll<\/a>, the <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/lifestyle\/careers\/attention-office-resisters-the-boss-is-counting-badge-swipes-5fa37ff7\" style=\"\" rel=\"noopener\">Wall Street Journal<\/a> reported according to CNBC. But this approach is garnering criticism from people like Weishaupt who believe that accountability and leadership should replace this detrimental \u201cgrade school\u201d mentality. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"> <strong> Egg freezing is a new work perk? <\/strong>An increasing number of businesses are providing egg freezing for employees, the <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/e0d1cd28-a632-4040-a7ed-db54e71e19af\" style=\"\" rel=\"noopener\">Financial Times<\/a> reported. While these benefits were lauded by some as providing support for women and empowering them to have \u201cas many options as possible,\u201d one employee was quoted as saying, they have also come under fire. By providing these benefits, companies are potentially exploiting women\u2019s financial limitations and indirectly hijacking their bodies to serve company interests, detractors of these policies have stated. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong> Work now, mother later <\/strong><strong> ? <\/strong>Aside from the privacy concerns, some are concerned this move could be a strategy from employers to prompt female employees to delay conception and motherhood. Even though <a target=\"_blank\" href=\"https:\/\/www.tandfonline.com\/doi\/abs\/10.1080\/23294515.2020.1823908\" style=\"\" rel=\"noopener\">bioethics studies<\/a> have denied this claim, it is noteworthy to add that these extremely expensive procedures often have limited success rates, the article notes. But it seems to be an attractive option nonetheless:The UK\u2019s Human Fertilisation and Embryo Authority (HFEA) <a target=\"_blank\" href=\"https:\/\/www.hfea.gov.uk\/about-us\/news-and-press-releases\/2023-news-and-press-releases\/latest-fertility-data-paints-promising-picture-but-pandemic-aftershocks-may-continue-to-be-felt-says-uk-regulator\" style=\"\" rel=\"noopener\">estimates<\/a> there will be 11 times as many egg-freeze cycles in 2021 as there were in 2011, making this one of the fastest growing medical procedures in the country. <\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/for-your-commute\/\">FOR YOUR COMMUTE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/office-life\/\">office life<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"607691 advertiser\" class=\"issue-section enterprise-adv\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"607691\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2023\/10\/08\/607691\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-607691\" class=\"content-area-description single-story post-607691 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/www.mashreqbank.com\/en\/uae\/about-us\/sustainability\/sustainability-at-mashreq\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/994.jpg?ssl=1\"><\/a><\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"607692\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"607692\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">3<\/div>\r\n\r\n                    <p class=\"f-graphik\">ENTERPRISE RECOMMENDS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2023\/10\/08\/expect-tension-and-suspense-from-nowhere\/\">\r\n                            Expect tension and suspense from Nowhere                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2023\/10\/08\/expect-tension-and-suspense-from-nowhere\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The film follows the story of Mia (Anna Castillo), a young pregnant woman who is escaping from a war-torn country by hiding inside a maritime container aboard a cargo ship. The initial plan was to have her husband Nico (Tamar Novas) by her side but the plan was soon interrupted by an unexpected separation, leaving Mia alone. After a violent sea storm, Mia found herself fighting for her life and the life of her unborn child after the container was dumped into the ocean. One can imagine the many hardships she faces from the scarcity of food and water, to the pain of labor, to the suffocating confined space of the container, and her failing trials to reach her husband. The film delivers a palpable sense of tension and claustrophobia as most of the events take place in the confined space of the container. Meanwhile, the cinematography shows the contrast between the vastness of the ocean and the isolation of Mia\u2019s situation inside the container, thus immersing the viewers in the desperate atmosphere and the physical struggles experienced by Mia. <\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/enterprise-recommends\/\">Enterprise Recommends<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/on-the-tube-tonight\/\">On The Tube Tonight<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    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meets success<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-ljy9cuw\" data-v=\"4\" data-block-id=\"ljy9cuw\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-ljy9cuw-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-ljy9cuw-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240936.jpg?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/cira.com.eg\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" 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<\/a>\r\n\r\n                \n<article id=\"post-607699\" class=\"content-area-description single-story post-607699 post type-post status-publish format-standard hentry category-go-with-the-flow tag-egx tag-enterprisepm tag-go-with-the-flow wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/10\/.4b7ff03a-9484-45eb-a81b-02cc761eef8b.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> The EGX30 fell 2.6% at today\u2019s close <\/strong> on turnover of EGP 2.05 bn (5.5% below the 90-day average). International investors were net sellers. The index is up 32.6% YTD.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> In the green: <\/strong>Alexandria Containers and Cargo Handling (+2.7%), Abu Qir Fertilizers (+0.9%) and Ezz Steel (+0.8%).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> In the red: <\/strong>Beltone Financial Holding (-5.8%), Qalaa Holding (-5.7%) and Juhayna (-5.7%).<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egx\/\">EGX<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/go-with-the-flow\/\">Go with the Flow<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<div class=\"alignfull inside-industry vertical-section wide-section wp-block-group issue-section\" id=\"607700\">\r\n    <div class=\"issue-section__content\">\r\n        <div class=\"alignwide wp-block-columns\">\r\n            <div class=\"wp-block-column sidebar-vertical-info\" style=\"flex-basis:22.8%\">\r\n                <figure class=\"wp-block-image size-full\">\r\n                                            <img decoding=\"async\" src=\"https:\/\/s3.amazonaws.com\/resources.inktankir.com\/internal\/27470.svg\" style=\"width:80%\" alt=\"\" >\r\n                                    <\/figure>\r\n                <p>\r\n                    Our weekly look at the issues, trends, and policies that are shaping Egypt's manufacturing industries.                <\/p>\r\n                <p class=\"has-text-color has-link-color\">\r\n                    Published every Sunday in EnterprisePM.                <\/p>\r\n                <div class=\"wp-block-buttons mt-0\">\r\n                    <div class=\"wp-block-button\">\r\n                        <a class=\"wp-block-button__link has-background wp-element-button\" href=\"https:\/\/enterpriseam.com\/egypt\/inside-industry\/\">\r\n                            Read Inside Industry                            \r\n                        <\/a>\r\n                    <\/div>\r\n                <\/div>\r\n            <\/div>\r\n            <div class=\"wp-block-column issue-section\">\r\n                <div class=\"story-section\">\r\n                    <div class=\"issue-story-header text-center\">\r\n                        <div class=\"index-number\">5<\/div>\r\n\r\n                        <p class=\"f-graphik\">INSIDE INDUSTRY<\/p>\r\n                        <h3 class=\"story-title\"><a href=\"https:\/\/enterpriseam.com\/egypt\/inside_industry\/a-deeper-dive-into-the-private-sector-minimum-wage\/\">  \r\n                            A deeper dive into the private sector minimum wage<\/a>\r\n                        <\/h3>\r\n\r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/inside_industry\/a-deeper-dive-into-the-private-sector-minimum-wage\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/inside_industry\/a-deeper-dive-into-the-private-sector-minimum-wage\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/inside_industry\/a-deeper-dive-into-the-private-sector-minimum-wage\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=A deeper dive into the private sector minimum wage&url=https:\/\/enterpriseam.com\/egypt\/inside_industry\/a-deeper-dive-into-the-private-sector-minimum-wage\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/inside_industry\/a-deeper-dive-into-the-private-sector-minimum-wage\/&title=A deeper dive into the private sector minimum wage\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=A+deeper+dive+into+the+private+sector+minimum+wage+https%3A%2F%2Fenterpriseam.com%2Fegypt%2Finside_industry%2Fa-deeper-dive-into-the-private-sector-minimum-wage%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>                    <\/div>\r\n\r\n                    <div class=\"story__body\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/inside_industry\/a-deeper-dive-into-the-private-sector-minimum-wage\/\">\r\n                            <div class=\"photo photo--above\">\r\n                                <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/378.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" sizes=\"(max-width: 34.9rem) calc(100vw - 2rem), (max-width: 53rem) calc(8 * (100vw \/ 12)), (min-width: 53rem) calc(6 * (100vw \/ 12)), 100vw\" data-attachment-id=\"607701\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/inside_industry\/a-deeper-dive-into-the-private-sector-minimum-wage\/378-jpg-17\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/378.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"378.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/378.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2023\/10\/378.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                            <\/div>\r\n                        <\/a>\r\n                        \n<article id=\"post-607700\" class=\"content-area-description post-607700 inside_industry type-inside_industry status-publish has-post-thumbnail hentry category-inside-industry tag-economy tag-enterprise-inside-industry tag-enterprisepm tag-inside-industry tag-labor tag-manufacturing tag-minimum-wage wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong> What does the newly-implemented private sector minimum wage <\/strong><strong> requirement mean? <\/strong>The National Council for Wages <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/16f16992-3020-4afa-b3bd-51f5b9b48391\" style=\"\" rel=\"noopener\">hiked private sector minimum wages by 11% in July<\/a> in a bid to move closer to minimum wage parity between the private and public sectors. The move \u2014 which marked the second time private sector wages were increased since the beginning of 2023 \u2014 compels private sector firms to pay their employees at least EGP 3k a month, up from EGP 2.7k. Broadly speaking, the private sector was prepared for these wage hikes, and lauded the move to enforce baseline salaries across industries, according to sources Enterprise spoke with. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> It\u2019s all very fresh \u2014 and didn\u2019t come easy: <\/strong> The private sector minimum wage is relatively new in Egypt, having been <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/5a48e903-d707-4969-9ab6-be99c9b3cb91\" style=\"\" rel=\"noopener\">introduced at the beginning of FY 2021-22<\/a> at EGP 2.4k a month.Private sector companies were <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/305cb528-260b-4ce8-9b62-16b7235fb92e\" style=\"\" rel=\"noopener\">initially resistant<\/a> to the new minimum wage requirements, with thousands of companies filing for exemption. Companies claimed that high employment counts, increased production costs, and the pandemic have left them unable to pay for the additional labor costs.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Another private sector minimum wage hike incoming? <\/strong>The Supreme Council for Wages will meet before the end of the year to look into potentially hiking the private sector minimum wage in response to recent hikes to the public-sector minimum wage, council member Magdy Badawy told Enterprise. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> But nothing is certain: <\/strong> Whether or not the council moves forward with another hike would largely depend on the various sectors\u2019 ability to afford the additional expenses associated with a higher minimum wage requirement, Badawy said. Currently, not all private sector companies are on equal footing when it comes to salary ranges, Badawy said, noting that there are some who pay out salaries exceeding the minimum wage, some who pay out the minimum wage, and others who are struggling to keep up. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> REMEMBER- <\/strong>The public sector minimum wage was just hiked for the third time in 12 months to a monthly EGP 4k from EGP 3.5k, following President Abdel Fattah El Sisi\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/9b182e4c-7409-4375-b92f-82f32198f67c\" style=\"\" rel=\"noopener\">directives<\/a> last month. The public sector minimum wage has climbed almost 50% <a target=\"_blank\" href=\"https:\/\/bit.ly\/3F62s1W\" style=\"\" rel=\"noopener\">since July 2022<\/a>, before which it was set at EGP 2.4k a month. The level was then raised again <a target=\"_blank\" href=\"https:\/\/enterprise.press\/stories\/2022\/10\/27\/govt-announces-raft-of-measures-to-help-with-cost-of-living-post-economic-conference-85245\/\" style=\"\" rel=\"noopener\">in October<\/a> and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0a7faf9a-8fe1-46d4-9cfa-402e3403902f\" style=\"\" rel=\"noopener\">April<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Salary increases need to match inflation levels: <\/strong>\u201cThere was a lack of balance between the salaries being paid out and inflation levels prior to the implication of the private sector minimum wage,\u201d Federation of Egyptian Industries\u2019 (FEI) Mohamed El Bahy told us. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> And although it may entail more spending for companies, minimum wages are good for <\/strong><strong> the bigger picture: <\/strong>Hiking the minimum wage also helps increase spending which plays a key role in reviving the economy, El Bahy said. \u201cEvery wage hike ends up echoing in the local market, with people\u2019s spending.\u201d <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> The industrial sector is ahead of the game: <\/strong>\u201cEmployees in the industrial sector make double or triple the private sector minimum wage on average.\u201d El Bahy said, adding that the sector prioritizes its workers and their comfort. The main component for industry is labor \u2014 so the workers\u2019 happiness and satisfaction plays a huge role in the production process, he added. Employers prioritize worker satisfaction and that\u2019s why the industry already enacts regular salary increases, especially for trained workers. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Industry also offers various forms of support: <\/strong>The industrial sector, on top of offering competitive salaries, also offers workers other benefits like transport cost and health ins.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Not all sectors are equal: <\/strong>\u201cSome sectors, like the service sector, depend on customer tips to fulfill their employees\u2019 wages,\u201d El Bahy told us. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Exceptions are necessary: <\/strong>In some cases, the number of employees is more important than how much each individual employee is getting paid, El Bahy argued. In Upper Egypt for example, a single family can have four or five members in the workforce, which would put its total monthly income at over EGP 10k \u2014 enough to sustain an entire family in a village where living cost is much lower than in urban areas \u2014 El Bahy said, pointing to industries that mainly rely on untrained workers. \u201cImposing the minimum wage on such companies would push them to let go of a number of their employees.\u201d<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/economy\/\">economy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/inside-industry\/\">INSIDE INDUSTRY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/labor\/\">labor<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/manufacturing\/\">Manufacturing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/minimum-wage\/\">minimum wage<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n                    <\/div>\r\n                <\/div>\r\n            <\/div>\r\n            <div class=\"wp-block-column\" style=\"flex-basis:19.8%\"><\/div>\r\n        <\/div>\r\n    <\/div>\r\n<\/div>\n<section id=\"607702\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"calendar\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2023\/10\/08\/607702\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-607702\" class=\"content-area-description single-story post-607702 post type-post status-publish format-standard hentry category-the-enterprise-entertainment-calendar wpautop entry\">\n\n\t\t\t<hr class=\"wp-block-separator has-text-color has-primary-color has-alpha-channel-opacity has-primary-background-color has-background is-style-wide\">\n\n\t\t<h2 class=\"wp-block-heading mt-0 has-primary-color has-text-color has-link-color has-normal-font-size\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\">\n\t\t\t<strong> THE ENTERPRISE ENTERTAINMENT CALENDAR<\/strong>\n\t\t<\/h2>\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">OCTOBER <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>4-18 October (Wednesdays): Japanese tea making <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/auc-connect.aucegypt.edu\/web\/rsvp_boot?id=300096362\" style=\"\">workshop<\/a><\/span><span> at <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/maps.app.goo.gl\/ng7z3ac4eyN47KMr9\" style=\"\">AUC New Cairo Campus<\/a><\/span><span style=\"font-weight:400;\">.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>7-21 October (Saturday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/CxnMJOYt7XY\/?utm_source=ig_web_copy_link&igshid=MzRlODBiNWFlZA==\" style=\"\">Illustration workshop<\/a><\/span><span> with Keem The Kid at <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/maps.app.goo.gl\/Ur7B3Rb8VEApn6VN8\" style=\"\">Cocoon Cultural Center<\/a><\/span><span style=\"font-weight:400;\">.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">11 October (Wednesday): Teatro Di San Carlo performance, the Pyramids of Giza, Giza. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>12-16 October (Thursday-Monday): Cairo Opera Ballet Company Cinderella at <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.google.com\/maps\/dir\/29.949952,31.2737792\/cairo+opera+house\/@29.9901787,31.1697358,12z\/data=!3m1!4b1!4m9!4m8!1m1!4e1!1m5!1m1!1s0x1458411b18beb2fb:0x4bb773a7745b4aba!2m2!1d31.2236682!2d30.0423613?entry=ttu\" style=\"\">Cairo Opera House<\/a><\/span><span style=\"font-weight:400;\">.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>12 October<\/span><span> (Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/discomisr\/?hl=en\" style=\"\">Disco Misr<\/a><\/span><span> performing at <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.google.com\/maps\/place\/El+Malahy\/@29.9594599,31.4508235,15z\/data=!4m6!3m5!1s0x145823637dceeee9:0x5a1d90f2a28cfa7!8m2!3d29.9594599!4d31.4508235!16s%2Fg%2F11kry3yhh2?entry=ttu\" style=\"\">El Malahy<\/a><\/span><span style=\"font-weight:400;\">. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">13-20 October (Friday-Friday): El Gouna Film Festival (GFF).<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>13 October (Friday):<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/events\/853940493046414\/?acontext=%7B%22event_action_history%22%3A[%7B%22mechanism%22%3A%22discovery_local_tab%22%2C%22surface%22%3A%22bookmark%22%7D]%2C%22ref_notif_type%22%3Anull%7D\" style=\"\">The Garden Market<\/a><\/span><span> at <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.google.com\/search?client=safari&rls=en&q=merry+land+park&ie=UTF-8&oe=UTF-8#\" style=\"\">Merryland Park<\/a><\/span><span style=\"font-weight:400;\">.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>13 October (Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/events\/762378085642521\/762378092309187\/?active_tab=about\" style=\"\">Oktoberfest<\/a><\/span><span> at the <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.google.com\/search?q=official+swiss+club+cairo&client=safari&sca_esv=569812948&rls=en&sxsrf=AM9HkKkEIj9amdyUOwg6EdzkDo6WySr8Xg%3A1696146884148&ei=xCUZZdfDCJ2I9u8PkeKxkAM&gs_ssp=eJzj4tZP1zcsyTLLMTeuMGC0UjWoMDQxtTAxNEwyT04ySDRPM7UCCRmaJ5snJpmbpxqnJRuneUnmp6VlJmcm5igUl2cWFysk55QmKSQnZhblAwB6uBgw&oq=official+swiss%C2%A0&gs_lp=Egxnd3Mtd2l6LXNlcnAiEG9mZmljaWFsIHN3aXNzwqAqAggAMgsQLhiABBjHARivATIFEAAYgAQyBRAAGIAEMgUQABiABDIFEAAYgAQyBRAAGIAEMgUQABiABDIFEAAYgAQyBRAAGIAEMgUQABiABDIaEC4YgAQYxwEYrwEYlwUY3AQY3gQY4ATYAQFIsDFQmAdYiilwB3gBkAEAmAGJA6ABiRiqAQgxLjE0LjMuMbgBAcgBAPgBAcICChAAGEcY1gQYsAPCAgcQIxiKBRgnwgIFEC4YgATCAgsQLhiABBjHARjRA8ICBxAAGIAEGArCAggQABjLARiABMICFBAuGIAEGJcFGNwEGN4EGOAE2AEB4gMEGAAgQYgGAZAGCLoGBggBEAEYFA&sclient=gws-wiz-serp#\" style=\"\">Swiss Club<\/a><\/span><span style=\"font-weight:400;\">.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>14 October (<\/span><span>Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/events\/273451955511676\/?acontext=%7B%22event_action_history%22%3A[%7B%22mechanism%22%3A%22discovery_local_tab%22%2C%22surface%22%3A%22bookmark%22%7D]%2C%22ref_notif_type%22%3Anull%7D\" style=\"\">Bound Fest<\/a><\/span><span>at <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.google.com\/maps\/place\/Golf+Park+And+Dog+Park\/@30.0799571,31.330797,15z\/data=!4m2!3m1!1s0x0:0xea1862aef47f5a14?sa=X&ved=2ahUKEwiRwPPcuNyBAxUPov0HHRVYC8UQ_BJ6BAhCEAA&ved=2ahUKEwiRwPPcuNyBAxUPov0HHRVYC8UQ_BJ6BAhTEAg\" style=\"\">Golf and Dog Park<\/a><\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>18 October (Wednesday):<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ticketsmarche.com\/tickets\/buy-tickets-ahmed-saad-ruby-18-october-2023-misr-university-for-science-and-technology-6th-of-october-city-11299.html\" style=\"\">Ruby and Ahmed Saad<\/a><\/span><span> at <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.google.com\/maps?q=Misr%20University%20for%20Science%20and%20Technology.%20Al-Motamayez%20District,%20Next%20to%20Dar%20El%20Foad%20Hospital,%206th%20of%20Oct.%20city%206th%20of%20October%20city\" style=\"\">Misr University<\/a><\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>26 October - 3 November (Thursday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/events\/s\/cairo-jazz-festival-2023\/6795894703786923\/\" style=\"\">The 15th Annual Cairo International Jazz Festival<\/a><\/span><span> at <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.google.com\/search?client=safari&rls=en&q=auc+tahrirs+campus&ie=UTF-8&oe=UTF-8#\" style=\"\">AUC\u2019s Tahrir campus<\/a><\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>28 October (Saturday): DJs <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/kygoofficial\/posts\/846377006847494\" style=\"\">Kygo, Ti\u00ebsto, Kung and Frank Walker concert<\/a><\/span><span style=\"font-weight:400;\">, Giza Pyramids. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\">28-5 October-Novemb<\/span><span style=\"\">er(Saturday-Sunday):<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.google.com\/maps\/place\/New+Giza+Sports+Club\/@30.0044125,31.0644407,17z\/data=!3m1!4b1!4m6!3m5!1s0x14585b5949c76b97:0x61c1b192a4e46a7e!8m2!3d30.0044125!4d31.0670156!16s%2Fg%2F11khpdld7p?entry=ttu\" style=\"\">NEWGIZA Sports Club<\/a><\/span><span style=\"\">\u2019s<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/events\/7662452633771550\/7662452643771549\/?active_tab=about\" style=\"\">Premier Padel Event in Africa<\/a><\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">NOVEMBER<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>11 November (Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/CvNDnfANplu\/?img_index=1\" style=\"\">El Gouna Half Marathon 2023<\/a><\/span><span style=\"font-weight:400;\">, El Gouna. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">15-24 November (Wednesday-Friday): Cairo International Film Festival (CIFF).<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>16 November (Thursday): Jim Gaffigan\u2019s <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ticketsmarche.com\/tickets\/buy-tickets-jim-gaffigan-16-november-2023-the-marquee-cairo-festival-city-new-cairo-11134.html\" style=\"\">Barely Alive Tour<\/a><\/span><span style=\"font-weight:400;\"> at The Marquee, Cairo Festival City.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">25 November (Saturday): Masr El Gedida Carnival at Maryland.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">EVENTS WITH NO SET DATE<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">2023: The inauguration of the Grand Egyptian Museum.<\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":607685,"template":"","categories":[],"tags":[],"class_list":["post-607684","afternoon","type-afternoon","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"0b590a15-af49-47e5-a601-56d16a9652ac","teaser":"","photo_url":"https:\/\/ent.news\/2021\/10\/1908.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) 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