The ٍSyndicate of Commercial Professions in Egypt called upon its members yesterday to take part in a nation-wide protest on Sunday against the government’s “negligence” in handling the financial crisis. It also plans to demand parity with other syndicates in terms of resources.
The syndicate has voiced its deep disappointment with the People’s Assembly for its failure to address the syndicate’s grievances during the most recent parliamentary session, which is almost over.
Sherif Qasim, the syndicate secretary general, warned against any strikes in private and public financial institutions, arguing that such actions would be disastrous for the country’s economy. Qasim told Al-Masry Al-Youm that syndicate members will strike only as a last resort, since adopting such a course of action in banks, stock markets, insurance firms, and business institutions will cost Egypt billions of pounds in daily losses.
Translated from the Arabic Edition.