23 Hrs
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المصري اليوم
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Maadi Bride family details Nile tragedy; Wage Committee discusses minimum pay
The article discusses the decision of the National Wage Council in Egypt to set the minimum wage at 8,000 Egyptian pounds for the private sector. It reviews the reasons why increasing the wage further is not feasible at this time, including declining company profits and rising costs. Officials emphasized that companies are unable to bear an additional increase of 1,000 pounds. The article also touches on the current economic situation and the challenges faced by the workforce, highlighting officials' statements about the need to consider the economic condition and the inability of companies to accommodate larger wage increases at present.
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