Work without wages? Egypt fails to establish minimum salary for private sector workers
Workers and business representatives have failed to reach an agreement on a minimum wage for workers in the private sector.
The National Council for Wages, headed by the planning minister, was expected to have decided on the issue by now as discussions have been ongoing since September.
A minimum wage of LE1200 (around $170) for public sector workers will be implemented in January, according to official statements.
On Monday, Al-Ahram daily newspaper said the minimum wage for private sector workers would match that of the public sector and would be officially announced before the weekend.
On Tuesday, Al-Ahram and other papers denied the news as sources from the Federation of Egyptian Industries and the Egyptian Trade Union Federation declared that no agreement had been reached.
- Starting with fewer power cuts, what has Eid brought to the Egyptian economy?
- From escaping to winning: the story of the Lebanese who are 'making it big' in Brazil
- A will with no way: Egypt's charitable spirit dampened with economic hardship
- OPEC exports largest share of petroleum to Asian and Pacific countries in 2013
- High demand for gold spurs trade across GCC