Bonus

Egypt’s Parliament approves rises in wage, incentives

Sun, 19 Mar 2023 - 05:26 GMT

President Sisi instructed raising the salaries of public employees with the monthly minimum of the raise being LE1,000. Further, the minimum wage for public employees will be LE3,500, while that of master’s and PhD holders at public institutions will be LE6,000 and LE7,000, respectively.

Cabinet denies cancelling periodical bonus for civil servants

Thu, 07 Feb 2019 - 02:45 GMT

The ministry denied plans to cancel the annual raise.

Sisi ratifies law granting two bonuses for workers

Sat, 23 Jun 2018 - 09:04 GMT

President Sisi issued Saturday a law that stipulates granting a special allowance and a bonus to state employees, after being ratified by the Parliament.

Deutsche Bank to hike bonuses to more than €1B for 2017: FAS

Sat, 27 Jan 2018 - 02:42 GMT

Deutsche Bank will hike annual bonus payments to more than 1 billion euros despite posting its third consecutive annual loss in 2017.

Meeting to vote on private sector allowance delayed

Sun, 16 Jul 2017 - 09:58 GMT

The meeting was pushed to Tuesday to be at the premises of Prime Minister Sherif Ismail.

Business owners pledge to pay private sector allowance: MP

Wed, 12 Jul 2017 - 12:10 GMT

Private sector employees will be given a special monthly allowance at a minimum value of LE 165 and maximum value of LE 330

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