{"id":543472,"date":"2022-02-02T03:54:18","date_gmt":"2022-02-02T03:54:18","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/02\/last-nights-talk-shows-fresh-usd-1-6-bn-arms-purchase-from-korea-more-minimum-wage-exemption-shenanigans\/"},"modified":"2022-02-02T03:54:18","modified_gmt":"2022-02-02T03:54:18","slug":"last-nights-talk-shows-fresh-usd-1-6-bn-arms-purchase-from-korea-more-minimum-wage-exemption-shenanigans","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/02\/last-nights-talk-shows-fresh-usd-1-6-bn-arms-purchase-from-korea-more-minimum-wage-exemption-shenanigans\/","title":{"rendered":"Last Night\u2019s Talk Shows: Fresh USD 1.6 bn arms purchase from Korea + more minimum wage exemption shenanigans"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> <strong>Featuring on the airwaves last night:<\/strong> Egypt\u2019s USD 1.65 bn purchase of an unspecified number of K9 howitzers from South Korea captured the attention of Masaa DMC\u2019s Ramy Radwan (<a href=\"https:\/\/www.youtube.com\/watch?v=hp3a0vwCtnA\">watch, runtime: 1:49<\/a>). The agreement includes tech transfer, allowing Egypt to manufacture the weapon system locally, a military spokesperson said in a <a href=\"https:\/\/www.facebook.com\/EgyArmySpox\/posts\/2554691264661840\">statement<\/a>. The news comes less than a week after the US <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/ab50bdc4-147d-49c7-84bf-57bcb8c65d14\">approved a USD 2.5 bn arms purchase<\/a> by the Egyptian government.<\/p>\n<p><strong>SMART POLICY- Entire sectors can\u2019t be exempt from the new private sector minimum wage: <\/strong>The National Council for Wages (NCW) is rejecting all requests for exemption from the <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/5a48e903-d707-4969-9ab6-be99c9b3cb91\">new private sector minimum wage<\/a> that were <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/ab2f1480-2a53-4e41-82db-0d0737236b44\">filed by<\/a> sectors as a whole, NCW board member Magdy Al Badawy told Masaa DMC\u2019s Radwan in a phone-in last night (<a href=\"https:\/\/www.youtube.com\/watch?v=MJX3zPvUd9A\">watch, runtime: 7:03<\/a>). Al Badawy noted that some 22 sectors had been vying for an exemption for businesses before the council directed companies to file requests on an individual basis for case-by-case review. The new minimum wage of EGP 2.4k per month <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a07a80f5-6aac-43e7-b076-f87aaa5ccab6\">came into effect<\/a> at the start of the year, but t<a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/305cb528-260b-4ce8-9b62-16b7235fb92e\">housands of companies<\/a> were handed six-week grace periods until mid-February, when the government will decide on whether to exempt them.<\/p>\n<p><strong>Also getting attention:<\/strong> A gas leak that killed a family of seven in their home in Cairo\u2019s Sharabia neighborhood also got some airtime from Radwan (<a href=\"https:\/\/www.youtube.com\/watch?v=298e1Bfl-Tg\">watch, runtime: 5:05<\/a>).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Featuring on the airwaves last night: Egypt\u2019s USD 1.65 bn purchase of an unspecified number of K9 howitzers from South Korea captured the attention of Masaa DMC\u2019s Ramy Radwan (watch, runtime: 1:49). The agreement includes tech transfer, allowing Egypt to manufacture the weapon system locally, a military spokesperson said in a statement. The news comes [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7232],"tags":[96,72,235,106,320,414],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-543472","post","type-post","status-publish","format-standard","hentry","category-last-nights-talk-shows","tag-abdel-fattah-el-sisi","tag-enterpriseam","tag-labor","tag-last-nights-talk-shows","tag-security","tag-south-korea","wpautop","entry"],"acf":{"mongo_id":"311375c8-9ae6-48bb-ad61-4868c5c1af10","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[543455],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Last Night\u2019s Talk Shows: Fresh USD 1.6 bn arms purchase from Korea + more minimum wage exemption shenanigans - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/02\/last-nights-talk-shows-fresh-usd-1-6-bn-arms-purchase-from-korea-more-minimum-wage-exemption-shenanigans\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Last Night\u2019s Talk Shows: Fresh USD 1.6 bn arms purchase from Korea + more minimum wage exemption shenanigans\" \/>\n<meta property=\"og:description\" content=\"Featuring on the airwaves last night: Egypt\u2019s USD 1.65 bn purchase of an unspecified number of K9 howitzers from South Korea captured the attention of Masaa DMC\u2019s Ramy Radwan (watch, runtime: 1:49). The agreement includes tech transfer, allowing Egypt to manufacture the weapon system locally, a military spokesperson said in a statement. 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The monthly minimum wage paid to public sector workers will rise to EGP 2.7k from July on the instruction of President Abdel Fattah El Sisi, who also directed that\u2026","rel":"","context":"In &quot;LAST NIGHT\u2019S TALK SHOWS&quot;","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":602563,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/01\/el-sisis-minimum-wage-increase-continues-to-dominate-the-airwaves\/","url_meta":{"origin":543472,"position":2},"title":"El Sisi\u2019s minimum wage increase continues to dominate the airwaves","author":"enterpriseam admin","date":"1 April 2019","format":false,"excerpt":"President Abdel Fattah El Sisi\u2019s weekend decision to increase the minimum wage to EGP 2,000 for state employees still dominates the airwaves. Al Hayah Al Youm\u2019s Khaled Abou Bakr pointed out that only a \u201crelatively financially healthy\u201d government would agree to bear an added EGP 60 bn (c. USD 3.5\u2026","rel":"","context":"In &quot;Enterprise+: Last Night\u2019s Talk Shows&quot;","block_context":{"text":"Enterprise+: Last Night\u2019s Talk Shows","link":"https:\/\/enterpriseam.com\/egypt\/category\/enterprise-last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":554168,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/22\/last-nights-talk-shows-introduction-of-private-sector-minimum-wage-libya-elex\/","url_meta":{"origin":543472,"position":3},"title":"Last Night\u2019s Talk Shows: Introduction of private sector minimum wage + Libya elex","author":"enterpriseam admin","date":"22 December 2021","format":false,"excerpt":"The biggest talking point of the evening was the expected introduction of a private sector minimum wage and the thousands of companies who filed for exemptions. We have chapter and verse in this morning\u2019s news well, above.In second place: The uncertainty over Libya\u2019s upcoming presidential election, which is scheduled to\u2026","rel":"","context":"In &quot;LAST NIGHT\u2019S TALK SHOWS&quot;","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":542843,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/19\/minimum-wage-hike-dominates-the-talk-shows\/","url_meta":{"origin":543472,"position":4},"title":"Minimum wage hike dominates the talk shows","author":"enterpriseam admin","date":"19 January 2022","format":false,"excerpt":"The airwaves were full of talk of President Abdel Fattah El Sisi\u2019s decision yesterday to raise the public sector minimum wage and hire new teachers. The announcement was covered by shows including Masaa DMC (watch, runtime: 5:25) and Al Hayah Al Youm (watch, runtime: 5:21).Finance Minister Mohamed Maait did the\u2026","rel":"","context":"In &quot;LAST NIGHT\u2019S TALK SHOWS&quot;","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":550476,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/30\/last-nights-talk-shows-the-govt-really-wants-to-talk-about-industry-as-the-egp-devaluation-sends-the-currency-to-record-lows-against-the-greenback\/","url_meta":{"origin":543472,"position":5},"title":"Last Night\u2019s Talk Shows: The gov\u2019t really wants to talk about industry as the EGP devaluation sends the currency to record lows against the greenback","author":"enterpriseam admin","date":"30 October 2022","format":false,"excerpt":"The economy dominated the conversation on the airwaves last night and over the weekend in the wake of the currency devaluation on Thursday and the announcement of a fresh loan agreement with the IMF. Everyone covered the 16%+ slide in the EGP, with Al Hayah Al Youm host Mostafa Sherdy\u2026","rel":"","context":"In &quot;LAST NIGHT\u2019S TALK SHOWS&quot;","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/543472","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=543472"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/543472\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/543455"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=543472"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=543472"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=543472"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=543472"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=543472"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}