Egypt increases private sector minimum wage to EGP 2,700 a month

The NWC also approved the disbursal of a periodic bonus of no less than 3 percent of the worker’s insurance contribution, Minister of Planning and Economic Development Hala El-Said, who heads the NWC, said on Thursday.

Starting 1 July, the bonus should be at least EGP 100, the statement added.

In January 2022, the minimum monthly wage for private sector workers was moved up from EGP 2,000 to EGP 2,400.

In October, the Egyptian government announced for the second time this year an increase in the minimum wage for the country’s 5 million public sector employees, from EGP 2,700 to EGP 3,000.

The wage increase is part of an EGP 67 billion social protection package that also includes exceptional bonuses for public sector employees and pensioners.