Demands to establish an independent Ministry for Social Insurance escalated due to problems between the social insurance funds authority and the public treasury.
The indebtedness of the Treasury to Insurance funds reached 145 billion EGP (U.S. (...)
Egyptian Minister of Finance Samir Radwan said the minimum monthly wage in Egypt will be increase to 700 EGP (U.S. $119) and will increase to 1,200 EGP (U.S. $203) within the next five years. He said the increased minimum wage will be implemented (...)
The exchange rate of the Egyptian pound rose against most major currencies in trading last week, according to a report by the Center for Information and Decision Support.
The value of the pound against the Euro rose by about 2.6 percent from its (...)
