public sector

Govt to discuss maximum wage before end of month
Egypt

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

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

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

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

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

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

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

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

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…
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