public sector
Govt to discuss maximum wage before end of month
Egypt
August 13, 2011
Govt to discuss maximum wage before end of month
Before the end of August, the cabinet will receive for discussion proposals for the maximum wage, Minister of Finance Hazem al-Beblawy has…
Govt abolishes Ministry of Investment and privatization program
Business
July 19, 2011
Govt abolishes Ministry of Investment and privatization program
The government has cancelled its controversial privatization program, ordering the formation of a committee which will be charged with reviewing…
New finance minister promises maximum wage for public sector
Egypt
July 17, 2011
New finance minister promises maximum wage for public sector
Egypt's newly-appointed minister of finance, Hazem al-Beblawy, vowed on Sunday to set a maximum for public sector wages to bridge…
CAPMAS: 11.4 percent of economic establishments closed doors in 2009
Business
January 3, 2011
CAPMAS: 11.4 percent of economic establishments closed doors in 2009
In 2009, the number of private and public sector economic establishments and their employees decreased by 11.4 percent as compared…
Public, private sector jobs ops fall by 46% in October
Business
December 1, 2010
Public, private sector jobs ops fall by 46% in October
A Cabinet Information Center report revealed a 46 percent drop in the number of public and private sector job opportunities…
The bygone effendi of Egypt
Business
November 10, 2010
The bygone effendi of Egypt
The saga sparked by the Egyptian government’s sale of Omar Effendi--once Egypt’s most popular commercial outlet--is yet again causing controversy,…
NIB owed LE8 billion by public firms, bank says
Business
July 20, 2010
NIB owed LE8 billion by public firms, bank says
Public-sector companies owe Egypt's National Investment Bank (NIB) approximately LE8 billion, according to a bank estimate. Meanwhile, a prominent government…
Rules governing public-private sector participation to be released
Business
May 15, 2010
Rules governing public-private sector participation to be released
The Finance Ministry will begin preparing the executive rules of the law, which delineates how the private sector may participate…
Damietta Spinning down LE641 million in FY08/09
Business
November 19, 2009
Damietta Spinning down LE641 million in FY08/09
The public-sector Damietta Spinning and Weaving Company suffered LE641 million in losses in the 2008/2009 fiscal year, according to a…