Egypt Raises the Minimum Wage in the Private Sector as Of January

  • Cairo, Egypt
  • 12 December 2023
1

The Egyptian government has decided to raise the minimum wage in the private sector to 3,500 Egyptian pounds ($113) per month from January 1, according to a decision published in the Official Gazette.

The government last raised the minimum wage on July 1 when it set it at 3,000 pounds.

Egypt's headline inflation rate has risen sharply over the past two years, reaching a record 38 percent in September before falling to 35.6 percent in November.

Source (Al-Arabiya.net Website, Edited)

 

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