Previous Post
Stupidest Questions About Egypt
Next Post
The Joys of Jewellery

Egyptian Salaries to rise 300%

A new study by HSBC projects a 300% increase in workers' salaries by 2050. We just hope we're still alive by then...

Egypt's economy is set to rank among the world's best by the year 2050, boosting workers' salaries by 300%. HSBC's global research department predicts that our economy will boom over the next three decades jumping a whopping 15 places and breaking the global top 20.

The study claims that Egypt forms one of the 'fast-growth' countries which have made great progress in improving fundamental areas, including quick adoption of technology. HSBC also claim that Egypt is highly expected to continue the path towards long-term growth well beyond the 2050 mark. Meanwhile, the average Egyptian salary is expected to triple in the next 40 years spelling good news for struggling Egyptian families. However, the poll also predicted a population boost of almost 50% sparking fears of a strain on already sparce resources.

The results follows a similar study by HSBC last year, which ranked Egypt among the worst place in the world for expats.


Todays Events
The 3rd Hey DJ 2020 Round @ CJC
Bars
Date: 2/17/2020
Time: 10:30pm - 3:00am
Venue: Cairo Jazz Club
Raina @ Cjc 610
Bars
Date: 2/17/2020
Time: 10:30pm - 3:00am
Venue: Cairo Jazz Club 610
Break A Leg Ft. Am!ra @ The Tap Maadi
Bars
Date: 2/17/2020
Time: 10:00pm - 3:00am
Venue: The Tap Maadi
February Open Mic pt. II @ Bardo Clubhouse
Variety
Date: 2/17/2020
Time: 8:00pm - 11:00pm
Venue: Bardo Clubhouse
NoAir & Arshad @ The Tap West
Bars
Date: 2/17/2020
Time: 10:00pm - 3:00am
Venue: The Tap West
WINTER WONDERLAND @ ZED PARK
Variety
Date: 2/17/2020
Time: 4:00pm - 11:00pm
Venue: Zed Towers
Adham Badtawi @ Picasso Ar Gallery
Exhibitions
Date: 2/17/2020
Time: 7:00pm - 9:00pm
Venue: Picasso Art Gallery
KARAOKE NIGHT @ ROOM ART SPACE
Signing
Date: 2/17/2020
Time: 8:00pm - 11:30pm
Venue: Room Art Space