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Average yearly Egyptian salary is only 3.5K USD. The place is really poor.

lordnacho 3y ago
Yes but this is aimed at people who aren't in Egypt. According to the article. How many people are there abroad that they can contribute a meaningful amount of foreign currency?
- umeshunni 3y ago
  Many people in this age group might be low skilled laborers, students etc. Especially since the majority of Egyptian expats are in gulf countries.
  - alephnerd 3y ago
    Unskilled labor in the Gulf is mostly South Asian in origin (from poorer regions like UP, Bihar, Nepal, Northern Bangladesh, Sindh, Balochistan, Afghanistan). Egyptian nationals in the Gulf in 2023 now tend to work skilled jobs that require Arabic fluency like Medicine, Nursing, Teachers, Civil Service, Administration, Military, etc. It doesn't hurt that Egyptian degrees are relatively respected in Kuwait, Saudi, and a couple other Gulf countries.
aquir 3y ago
This must be a typo! $3.5k per year?
- Tade0 3y ago
  I'll do you one better: I was making $8k annually as a developer a decade ago in my very much EU member country. I was getting shafted, but I learned that my co-worker lowballed and had $5k - I think this was below minimum wage at the time, but the employer took advantage of a loophole in temporary contracts. Back in 2003 $8k per annum was good money.
- OmarShehata 3y ago
  Not a typo! This was my source: https://www.timedoctor.com/blog/average-salary-in-egypt/ https://www.timedoctor.com/blog/average-salary-in-egypt/ Also, that's not even like necessarily poor. A software engineer in Alexandria (2nd biggest city after Cairo) makes $5k annually (according to this https://www.levels.fyi/t/software-engineer/locations/alexandria-egy https://www.levels.fyi/t/software-engineer/locations/alexand...) and that matches my experience (from people I knew who worked in egypt ~5 years ago, adjusting a bit for inflation). Rent in a good apartment in a good part of town would be $160-ish a month.

Yes but this is aimed at people who aren't in Egypt. According to the article. How many people are there abroad that they can contribute a meaningful amount of foreign currency?

umeshunni 3y ago
Many people in this age group might be low skilled laborers, students etc. Especially since the majority of Egyptian expats are in gulf countries.
- alephnerd 3y ago
  Unskilled labor in the Gulf is mostly South Asian in origin (from poorer regions like UP, Bihar, Nepal, Northern Bangladesh, Sindh, Balochistan, Afghanistan). Egyptian nationals in the Gulf in 2023 now tend to work skilled jobs that require Arabic fluency like Medicine, Nursing, Teachers, Civil Service, Administration, Military, etc. It doesn't hurt that Egyptian degrees are relatively respected in Kuwait, Saudi, and a couple other Gulf countries.

aquir 3y ago

This must be a typo! $3.5k per year?

Tade0 3y ago
I'll do you one better: I was making $8k annually as a developer a decade ago in my very much EU member country. I was getting shafted, but I learned that my co-worker lowballed and had $5k - I think this was below minimum wage at the time, but the employer took advantage of a loophole in temporary contracts. Back in 2003 $8k per annum was good money.
OmarShehata 3y ago
Not a typo! This was my source: https://www.timedoctor.com/blog/average-salary-in-egypt/ https://www.timedoctor.com/blog/average-salary-in-egypt/ Also, that's not even like necessarily poor. A software engineer in Alexandria (2nd biggest city after Cairo) makes $5k annually (according to this https://www.levels.fyi/t/software-engineer/locations/alexandria-egy https://www.levels.fyi/t/software-engineer/locations/alexand...) and that matches my experience (from people I knew who worked in egypt ~5 years ago, adjusting a bit for inflation). Rent in a good apartment in a good part of town would be $160-ish a month.