Could businesses apply the new increase in private sector minimum wage?
The newly set minimum monthly wage of EGP 7,000 (almost $138) is generally lower than what the private sector already pays workers in most industries in Egypt.
This week, the National Council of Wages (NCW) announced that the minimum wage for private sector employees would increase from EGP 6,000 to EGP 7,000.
According to the Ministry of Planning, Economic Development, and International Cooperation, this adjustment will benefit approximately 14 million workers.