Bank of Alexandria employees stage sit-in over pay
Reuters, Thursday 3 Mar 2011
Workers push for 100 per cent raise and an end to temporary contracts

Hundreds of employees of the Bank of Alexandria organized a sit-in at the bank's Cairo headquarters today, demanding salary rises and the rehiring of temporary workers on permanent contracts.

A member of the committee representing workers says that the bank's management has offered a 30 per cent rise in pay but employees are holding out for 100 per cent.