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Latest in Tag: salaries


Personal loans increase as inflation and price of goods rise

The value of personal loans made in November 2012 increased by EGP 900m from the month of October. The total value of loans in local currency was EGP 111.2bn for the month of November 2012, as opposed to EGP 110.2bn in October 2012. During the same period, loans made in foreign currency increased from EGP …

Daily News Egypt

Government instates 15% raise for non-public sector employees

By Mahmoud Salah El-Din The government has instituted a 15% salary raise for the employees of the private sector, non-governmental organisations, and private institutions as of July 1. The raise followed issuance of law 82 of 2012. Refaat Hassan, Minister of Manpower, said the award was decided following the annual bonus negotiation meeting, held on …

Daily News Egypt

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