income

Coronavirus measures cause declining incomes for 74% of Egyptians: CAPMAS
Egypt

Coronavirus measures cause declining incomes for 74% of Egyptians: CAPMAS

Egypt’s coronavirus measures have caused declining incomes for approximately 74 percent of the population, said a consultant to the Central…
Nissan chairman Ghosn arrested in Japan
Business

Nissan chairman Ghosn arrested in Japan

Nissan chairman Carlos Ghosn, one of the world’s best-known businessmen, was reportedly under arrest in Japan on Monday in a…
Decades of war shatter Afghanistan’s glassblowing craft
Middle East

Decades of war shatter Afghanistan’s glassblowing craft

Hunched and shriveled, Afghan glassblower Ghulam Sakhi deftly blows and twirls molten glass into delicate blue and green goblets and…
Sisi announces 7 measures aimed at easing economic hardship
Egypt

Sisi announces 7 measures aimed at easing economic hardship

Egypt is set to carry out numerous measures to “ease the burdens of the average Egyptian citizen,” President Abdel Fattah…
Are you among the richest 10% in Egypt?
Business

Are you among the richest 10% in Egypt?

If your family's average spending is LE60.7 thousand per annum, slightly more than LE5,000 per month, then you belong to…
Egyptian family’s average annual income is LE25,000, agency reports
Egypt

Egyptian family’s average annual income is LE25,000, agency reports

The average annual Egyptian household income during 2010-2011 was LE25,353, according to the Central Agency for Public Mobilization and Statistics.…
Finance minister rejects progressive tax
Business

Finance minister rejects progressive tax

Finance Minister Youssef Boutros-Ghali has rejected a proposal by Shura Council members to introduce a progressive income tax."Our unified income…
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