{"id":565071,"date":"2021-03-16T13:41:05","date_gmt":"2021-03-16T13:41:05","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/a-private-bump-to-the-sector-minimum-wage-us-gaining-steam-ha-utilities-ma-and-more\/"},"modified":"2021-03-16T13:41:05","modified_gmt":"2021-03-16T13:41:05","slug":"a-private-bump-to-the-sector-minimum-wage-us-gaining-steam-ha-utilities-ma-and-more","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/16\/a-private-bump-to-the-sector-minimum-wage-us-gaining-steam-ha-utilities-ma-and-more\/","title":{"rendered":"A private bump to the sector minimum wage us gaining steam + HA Utilities\u2019 M&#038;A \u2014 and more"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <strong>Picking up where <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d15c184c-b6a0-4eda-afd1-3d0695707906\">we left off this morning<\/a><\/strong><strong>, the story about a bump to the private-sector <\/strong><strong>minimum wage seems to have legs. <\/strong><a href=\"https:\/\/www.elwatannews.com\/news\/details\/5376113\">Al Watan<\/a> quotes a source at the National Wages Council, which sets the minimum wage, as saying the body may indeed push through a hike that would bring the minimum to EGP 2k per month some time this year. Planning Minister Hala El Said, who is head of the wages council, is set to meet with private sector players soon to hash out how this could take place, we said this morning.<\/p>\n<p><strong>Other stories we\u2019re watching <\/strong>as the workday starts to slow down:<\/p>\n<ul>\n<li><strong>EgyTrans and HA Utilities Holding will wrap up due diligence<\/strong> and potentially move forward <a href=\"https:\/\/alborsaanews.com\/2021\/03\/16\/1425773\">within three months<\/a> on a high-profile transaction that will see HA Utilities take a majority stake in EgyTrans through a reverse merger (background <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/87cd18b5-f1ca-4e94-9556-be003f2311c5\">here<\/a>).<\/li>\n<\/ul>\n<ul>\n<li><strong>Tourism from the Baltics: <\/strong>Tour operator Novaturas Group is <a href=\"http:\/\/www.globenewswire.com\/news-release\/2021\/03\/15\/2192986\/0\/en\/AB-Novaturas-resumes-flights-from-Latvia-to-Egypt-at-the-end-of-March.html\">doubling the number of<\/a><a href=\"http:\/\/www.globenewswire.com\/news-release\/2021\/03\/15\/2192986\/0\/en\/AB-Novaturas-resumes-flights-from-Latvia-to-Egypt-at-the-end-of-March.html\">weekly flights<\/a> from Latvia to Hurghada and Sharm El Sheikh to four starting April.<\/li>\n<li><strong>Production of Egyptian oranges<\/strong> <a href=\"http:\/\/bit.ly\/3rPBDqF\">could rise<\/a> by almost 6.3% to reach a total of 3.4 mn tons in FY2020-2021 thanks to favorable weather conditions.<\/li>\n<li>The <strong>Mubarak family<\/strong> is <a href=\"http:\/\/bit.ly\/3qOwdL5\">mulling<\/a> lodging a lawsuit against the <strong>European Council<\/strong> for <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d5abb050-d9c2-43c2-bc03-cd443579f7df\">erroneously sanctioning<\/a> five members of the family over the past decade.<\/li>\n<li>The Prosecutor General <a href=\"https:\/\/bit.ly\/3bUIcml\">ordered the detention<\/a> of three men yesterday over their alleged involvement in the death of <strong>a woman who died after falling from her apartment balcony. <\/strong>The suspects are alleged to have physically assaulted the woman and a man inside the flat.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Picking up where we left off this morning, the story about a bump to the private-sector minimum wage seems to have legs. Al Watan quotes a source at the National Wages Council, which sets the minimum wage, as saying the body may indeed push through a hike that would bring the minimum to EGP 2k [&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":[10103],"tags":[1142,633,1656,4202,238,132],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-565071","post","type-post","status-publish","format-standard","hentry","category-speed-round-catch-up-quick","tag-egytrans","tag-enterprisepm","tag-hosni-mubarak","tag-speed-round-catch-up-quick","tag-tourism","tag-trade","wpautop","entry"],"acf":{"mongo_id":"28222158-497c-486f-bd78-1d95077d3c80","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[565061],"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>A private bump to the sector minimum wage us gaining steam + HA Utilities\u2019 M&amp;A \u2014 and more - 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\/2021\/03\/16\/a-private-bump-to-the-sector-minimum-wage-us-gaining-steam-ha-utilities-ma-and-more\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A private bump to the sector minimum wage us gaining steam + HA Utilities\u2019 M&amp;A \u2014 and more\" \/>\n<meta property=\"og:description\" content=\"Picking up where we left off this morning, the story about a bump to the private-sector minimum wage seems to have legs. 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The economic fallout from the pandemic makes a legally binding pay rise unfeasible given the losses suffered by factories earlier this\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":660297,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/10\/egypt-raises-the-private-sector-minimum-wage-to-egp-7k-starting-march\/","url_meta":{"origin":565071,"position":2},"title":"Egypt raises the private sector minimum wage to EGP 7k starting March","author":"enterpriseam admin","date":"10 February 2025","format":false,"excerpt":"PLUS- A minimum wage for part-time workers","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/2\/828.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":602518,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/31\/el-sisi-unveils-public-sector-wage-pension-increases\/","url_meta":{"origin":565071,"position":3},"title":"El Sisi unveils public sector wage, pension increases","author":"enterpriseam admin","date":"31 March 2019","format":false,"excerpt":"The minimum wage is going up for state employees \u2014 but apparently not for the private sector. The public sector minimum wage will rise 66% to EGP 2k per month from the current EGP 1,200 per month on 1 July, President Abdel Fattah El Sisi announced during a 36-minute speech\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/3\/1779.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":611756,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/12\/pay-a-living-wage-okay\/","url_meta":{"origin":565071,"position":4},"title":"Pay a living wage, okay?","author":"enterpriseam admin","date":"12 December 2023","format":false,"excerpt":"Base rate for private-sector workers to rise 17% to EGP 3.5k gross per month","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/797.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":608949,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/29\/private-sector-minimum-wage-to-rise-17-in-2024\/","url_meta":{"origin":565071,"position":5},"title":"Private-sector minimum wage to rise 17% in 2024","author":"enterpriseam admin","date":"29 October 2023","format":false,"excerpt":"Private-sector employees on the minimum wage will have seen their monthly income rise 45% in the past six months","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/10\/1355.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/565071","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=565071"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/565071\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/565061"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=565071"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=565071"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=565071"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=565071"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=565071"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}