Back to the complete issue
Wednesday, 10 May 2017

House’s third swing at the 10% hardship raise could be the last

House’s third swing at the 10% hardship raise could be its last: The House of Representatives risks scrapping the 10% hardship raise for bureaucrats not covered under the Civil Service Act if it fails to reach quorum for a third time during today’s general assembly session to vote, as House laws stipulate, Ahram Gate reports. House Speaker Ali Abdelaal postponed the vote yesterday and once before last week due to lack of quorum. Behind the scenes, there’s a running conflict between some MPs and the government over the size of the raises. Luckily though, anddespite the objections within their ranks, MPs appears to have resolved their issues with the Ismail cabinet, according to Youm7,agreeing that it take the form of a specific EGP sum rather than a percentage of employees’ base salary, as they had earlier demanded.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of HSBC Egypt (tax ID: 204-901-715), the leading corporate and retail lender in Egypt; EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; Moharram & Partners (tax ID: 616-112-459), the leading public policy and government affairs partner; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Mashreq (tax ID: 204-898-862), the MENA region’s leading homegrown personal and digital bank; Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt; Hassan Allam Properties (tax ID:  553-096-567), one of Egypt’s most prominent and leading builders; and Saleh, Barsoum & Abdel Aziz (tax ID: 220-002-827), the leading audit, tax and accounting firm in Egypt.