Egypt raises public sector minimum wages to EGP 8k from July
Egypt will increase the wages of state employees from July at a total cost exceeding 100 billion Egyptian pounds,…
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salaries
Egypt advances state employee salaries for Jan–March
Egypt’s Finance Ministry announced on Wednesday that the early disbursement of January, February, and March 2026…
Russia to raise minimum wage by 16.6% in 2025
Russia will increase its statutory monthly minimum wage by 16.6 per cent in 2025, bringing it to 22,440 roubles…
Türkiye increases wages for 2025
Türkiye has increased its monthly minimum wage by 30 per cent to 22,104 liras ($627) for 2025, up from 17,002…
VW managers payments to face reductions
Volkswagen AG managers will face significant pay reductions as part of a labour agreement to make the automaker…
Egypt’s Citizen Budget: Govt. assigns funds for economic stimulus
Egypt's Ministry of Finance issued Citizen’s Budget report for fiscal year 2024/2025, including a range of…
Egypt’s Citizen Budget: Govt. aims to ease financial strain on citizens
Egypt allocated over half of revenue to enhance salaries and pensions, raise the tax exemption limit to ease…
Egypt Citizen Budget: Significant allocations for social welfare
The Egyptian government unveiled its 2024/2025 budget, with over half of the revenue dedicated to social protection…
S. Korea’s wage jobs surge in Q1
South Korea’s number of wage and salary worker jobs reached 20,521,000 in the January-March period, marking a…
German consumer climate improves in May – research
Consumer sentiment in Germany improved for the fourth consecutive month in May, market research company GfK…
Sisi orders increase of employees’ salaries, raising living standards
President Abdel-Fattah El-Sisi directed the government to adopt a host of measures aimed at increasing the incomes…
Remittances of Egyptians in Jordan reach $80 mln in January
The Ministry of Manpower and Immigration said on Saturday that the total remittances of Egyptians working in…
Euro jumps on European inflation data, dollar climbs vs. yen
The euro rose against the U.S. dollar on Friday after strong euro zone inflation figures, while the dollar jumped…
Saudi Arabia restores civil service and military allowances
Saudi Arabia's King Salman issued a royal decree on Saturday restoring financial allowances for civil servants and…
Egyptian parliament set to finalise bylaws, including MPs’ salaries
This week Egypt's parliament will hold final debates on the new set of parliamentary bylaws that will regulate the…
HSBC freezes salaries, hiring in 2016 to cut costs
Europe's largest lender, HSBC, is imposing a hiring and pay freeze across the bank globally in 2016, two sources…
E-finance mechanises 5.2mn cards for public employees’ salaries
E-finance, the first and largest electronic payment and collection gateway in Egypt, has finished mechanising 5.2…
Telecom Egypt Employees toProtest Next Saturday Before the Ministers Council
Employees at Telecom Egypt will organize a protest next Saturday in front of the Council of Ministers, demanding…