Latest in Tag: maximum wages Highlight
Latest in Tag: maximum wages

Raising maximum wages would solve lack of efficiency in Egypt: senior banker at BNP Paribas
The second session of the Hapi Investment Conference discussed the restructuring of state agencies. Youssef Beshay, senior banker at BNP Paribas, said that investing in oil drilling depends on the price of oil and the magnitude of petroleum discoveries. Beshay pointed out that new laws will have a positive effect in the long run, noting …

The war of wages: maximum wages loses the fight
Legal technicalities push several public institutions out of the maximum wage law

Public wage allocations increased by EGP 27.3bn
Spending on wages represents 26% of total public expenditures
Maximum wages announced, regulations show no exemptions
Judicial positions, police forces, holding companies, authorities and economic bodies all included in maximum wage plan
Maximum income for public banks opposed by sector
Bankers express concern that public bank maximum wage law will push talent away to private sector

Draft law for minimum and maximum wages
Law setting limits on wages to be discussed by the Shura Council on Wednesday