Egypt lost 3,000 of its millionaires under Morsi government: Credit Suisse
A significant drop in the number of Egyptian millionaires echoing the decline of Egyptian wealth level
Latest in Tag: Income Highlight
Latest in Tag: Income
Nearly 5 million workers will benefit from minimum income: Ministry of Finance
Ministry said it is taking âexecutive measuresâ to apply minimum income
New medical incentives law to cost government EGP 6bn
Law would see 420% to 600% increase in monthly salaries for government employed medical professionals
Maximum income for public banks opposed by sector
Bankers express concern that public bank maximum wage law will push talent away to private sector
Ministry of Finance begins implementation of income tax amendments
The government relinquished these funds for the benefit of citizens, and it is expected that the largest part of this amount will go towards local consumption and increase demand.
Amendments in Egyptâs general budget
New amendments aim to accommodate latest economic and financial developments
Private sector minimum wage negotiations to start next week
Economic struggle of businessmen to be taken into consideration when setting the minimum income for private sector companies
Minimum income deemed âunjustâ
Arguments arise over whether or not the new minimum income announced for by the cabinet reflects the social justice that Egyptians seek
Minimum income announced at EGP 1200
Maximum wage remains unannounced as the minimum income decision receives mixed reactions
State employeesâ wages increase by 10%
The cabinet will raise basic wages of state employees by 10% in an attempt to âallow workers to afford basic life necessitiesâ
Alexandria University president suspends administration
President Dr Osman Ibrahim says his move came âin solidarity withâ the employeesâ sit-in at the Ministry of Finance
Interior ministryâs budget increases
The government raised the ministryâs budget by around EGP 5 billion
Dearth of consumer confidence in first quarter
Experts attributed lack of confidence to insecurity, expensive living and political uncertainty
Bakery owners protest during ministerâs meeting
Bakery owners protest at ministry of supply while minister meets their representative
Bakery owners cripple the Ministry of Supply
Bakers demand the cancellation of governmentâs new decision to provide them with flour at global market prices
Rebel Economy Wrap
IMF has it wrong on Egypt
Private lessons: symptom of a wider disease
Is eliminating private tuition from the educational process in Egypt really possible?
A business deal called marriage
When poverty and lack of awareness turns marriage to a business deal; this deal plagues some poor villages and urban areas in Egypt
The little men and women of Egypt
âThe children we deprive today of their childhood, will deprive us from their youthful energies in the futureâ Dr Samar Youssef
Lower income, higher prices
Tax reforms signal the instigation of skyrocketing inflation
Retired military personnel protest unfair treatment
Demand equal pensions and health insurance
S.Africa gold mine owners, unions reach pay deal
NUM, owners reach an agreement, workers going back to work today
Ministry of Transport considers metro fare increase
The Ministry of Transport is studying the feasibility of raising the price of metro tickets by around a quarter. Currently EGP1, the new price would be between 125 to 150 piastres, Egyptian media has reported. Furthermore, the ministry is also considering cutting subsidies for public servants, students, the military and police. Egyptian media published contradictory …
Doctors’ strike begins
Doctors demand increased wages, security, budget and overall better services
Doctors make final preparations for strike
Strike will commence on 1 October
Doctors reassure patients regarding strike
Doctors ask patients to pick up medication before the start of the strike on Monday
When the bankrupt are pushed to pay
By Mohammed Ali Ibrahim Once upon a time I wrote in Algoumhoria newspaper that we don’t need another Mahathir Mohammad here to score an economic miracle like that of Malaysia. Rather we need the Malaysian people who achieved that leap into the future. The occasion of the aforementioned article was the visit of the Malaysian prime minister …
Transport strike resolved as teachers and doctors continue
Transport workers hold their strike after negotiations
Domestic violence: a womanâs permanent scar
Egyptian women share their domestic violence experiences with DNE
Doctors to strike next month
Doctorsâ syndicate holds exceptional general assembly deciding to strike in October