Featured Egypt’s Samannoud Textile returns to production after NIB-led restructuring Aya Anwar Jul 30, 2026 0 Egypt's National Investment Bank (NIB) has successfully implemented a comprehensive recovery plan for Samannoud…
Featured Egypt raises public sector minimum wages to EGP 8k from July Aya Anwar Apr 2, 2026 0 Egypt will increase the wages of state employees from July at a total cost exceeding 100 billion Egyptian pounds,…
Featured Egypt’s non-oil private sector contraction at slower pace in October – PMI Aya Anwar Nov 4, 2025 0 Egypt’s non-oil private sector saw its slowest contraction in eight months in October, with business output and new…
Egypt News Egypt’s public sector wages rise in FY2023/24 – CAPMAS Nada Ali Aug 27, 2025 0 Egypt’s public sector wages rose 11.6 per cent in the fiscal year 2023/24, reaching 43.3 billion Egyptian pounds,…
International News US employment cost index 3.6% up in year to June 2025 Aya Anwar Jul 31, 2025 0 Compensation costs for US civilian workers rose 3.6 per cent in the 12 months to June 2025, the US Bureau of Labour…
Featured Egypt’s GDP growth to reach 5% in Q1 ‘25 M.S. Salama May 19, 2025 0 Egypt’s economy showed signs of recovery in early 2025, with preliminary estimates pointing to 5.0 per cent…
News Qatar’s non-energy private sector expands in March ’25 Aya Anwar Apr 6, 2025 0 Qatar's non-energy private sector showed a stronger improvement in business conditions in March, according to the…
Featured Egypt unveils comprehensive social protection package Aya Anwar Feb 27, 2025 0 Egypt has introduced a new social protection package to support vulnerable groups, increase wages and pensions, and…
International News Japan’s real wages rise in July for 2nd consecutive month Nada Ali Sep 5, 2024 0 Japanese workers' real wages increased 0.4 per cent in July compared to the previous year, marking the second…
Africa News S&P PMI: Uganda’s private sector sees continued growth in August ’24 Aya Anwar Sep 4, 2024 0 Uganda's private sector saw continued growth in August, driven by new orders and job creation, while businesses…
International News S. Korea’s wage jobs surge in Q1 Nada Ali Aug 21, 2024 0 South Korea’s number of wage and salary worker jobs reached 20,521,000 in the January-March period, marking a…
Featured UK house prices inch up in June Aya El Sayed Jul 1, 2024 0 British house prices saw a modest increase in June from the previous month, despite the lingering effects of…
Featured German consumer climate improves in May – research Aya El Sayed May 29, 2024 0 Consumer sentiment in Germany improved for the fourth consecutive month in May, market research company GfK…
Featured Bundesbank raises inflation alert amid surging wages Aya El Sayed May 22, 2024 0 Germany’s central bank, the Bundesbank, reported on Wednesday that wages in the country have been rising faster…
Featured Japanese companies agree to raise wages 5.58% Nada Ali May 20, 2024 0 Japanese companies have agreed to their largest wage increase in years, with an average pay rise of 5.58 per cent.
International News Japan’s real wages slide 2.5% in March Nada Ali May 9, 2024 0 Japan's real wages, adjusted for inflation, fell 2.5 per cent in March compared to the same month last year.
Featured Japanese workers get biggest pay raise in 33 yrs Nada Ali Apr 18, 2024 0 Japanese companies agreed to raise wages by an average of 5.20 per cent this year, marking the highest increase in…
Money BoC likely to leave overnight rate untouched Aya Anwar Mar 6, 2024 0 The Bank of Canada (BoC) is expected to maintain its key overnight rate at 5 per cent despite recent data…
Money UK regular wages grow by 6.2% in Q4 ’23 Nada Ali Feb 13, 2024 0 British regular wages excluding bonuses increased by 6.2 per cent in the fourth quarter of 2023, compared to the…
Featured Sisi unveils 1st increase in Egypt’s state employees’ wages since 2014 Amwal Al Ghad English Mar 31, 2019 0 Egyptian President Abdel Fattah al-Sisi said on Saturday the minimum monthly wage of state employees would increase…
forex news Dollar drops on North Korea fears, offsetting wage data boost Yomna Yasser Oct 7, 2017 0 U.S. dollar prices tumbled on Friday on a report that North Korea is preparing to test a long-range missile,…
forex news Dollar firmer vs yen after Fed’s Dudley strikes hawkish tone Yomna Yasser Jun 20, 2017 0 The dollar reached a more than three-week high versus the yen on Tuesday, after an influential Federal Reserve…
forex news Gold slips on hawkish comments by Fed officials Yomna Yasser Mar 1, 2017 0 Gold fell on Wednesday as the dollar strengthened on hawkish comments overnight from U.S. Federal Reserve…
forex news Dollar prices subdued after US wage growth disappoints Yomna Yasser Feb 6, 2017 0 Dollar started the week on the back foot on Monday, after U.S. data showed a smaller-than-expected rise in wages in…
forex news Dollar drops as data shows soft US wage growth Yomna Yasser Feb 4, 2017 0 Dollar prices fell on Friday in choppy trading after the U.S. employment report showed a smaller-than-expected rise…
forex news Gold slips from one-month high after US data nada nasser Jan 7, 2017 0 Gold slipped on Friday from the previous day's one-month high as the dollar strengthened against a basket of…
Industry & Trade Starbucks to hike wages for U.S. workers in October Noha Gad Jul 11, 2016 0 Starbucks Corp will raise wages of all workers in its U.S. stores this year, days after being accused by employees…
Egypt News New annual wage raise in Egypt’s civil services bill would cost $168mln: Minister aya salah Jun 29, 2016 0 Egypt's budget would increase by 1.25-1.5 billion Egyptian Pounds ($168.8 million) if the parliament approves the…
Banks BOJ’s new index shows modest pickup in Japan consumption Noha Gad Jun 7, 2016 0 The Bank of Japan's new index showed on Tuesday that private consumption rose 0.8 percent in April from the…
Industry & Trade German negotiated wages rise by 2.1 percent in first quarter Noha Gad May 30, 2016 0 Negotiated wages in Germany rose by 2.1 percent on average in the first quarter compared with the same period last…
MENA News Saudi Rulers to Curb Wages as Kingdom Confronts Oil Slump Noha Gad Dec 25, 2014 0 Saudi authorities pledged to curb wages and push ahead with investments next year as the world’s largest oil…
Egypt News Egypt Allocates $29.7 billion for Wages in New Budget – Minister Yomna Yasser Mar 30, 2014 0 Egypt’s Finance Ministry plans to allocate nearly EGP 207 billion (US$29.7 billion) from the state’s new draft…