Egypt .. The Federation of Industries announces an increase in the minimum wage in the private sector and Sisi comments

Egypt .. The Federation of Industries announces an increase in the minimum wage in the private sector and Sisi comments

The Egyptian Industries Federation’s president, engineer Mohamed Zaki Al-Suwaidi, declared that the private sector will henceforth pay its workers’ minimum wages.

During the opening of the forum and the first international exhibition of industry, Muhammad Zaki Al -Suwaidi said: “We, as a special sector, will raise the minimum, but on the contrary, we will provide for the 300 pounds for all employment, and we will consider increasing the salaries of all employment, because we will work and the whole world is to walk and remove responsibility, and this is our social role What we perform in front of you.

Al-Suwaidi applauded the decision to allow for more currency exchange rate flexibility, saying: “This decision has a very big challenge, but it gave us complete light and complete relief in the work. We had fears, and we talked about them in the economic conference, but the decision on Thursday absorbed all these matters.


For his part, Egyptian President Abdel Fattah El-Sisi praised the private sector for taking the initiative to raise wages in accordance with recent government measures that raised the minimum value to 300 pounds.
“With the private sector, there will be consultation, particularly because each institution has its own circumstances,” Al-Sisi continued. . . and a perception of you. ”
Source: “Al -Watan”.

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