Fifty policemen were sentenced to three years in prison for going on strike in protest of working conditions, accordingto Reuters. The policeman were also fined EGP 500 and 40 of them relieved of duty. Their protest was against an increase in work hours and a reduction in vacation time. Charges included striking, inciting violence and intimidating security forces. The Associated Press also has the story.
More from Enterprise
Central Bank of Egypt looks to renew USD 2 bn Kuwaiti deposit as regional conflict stalls FDI conversions
The maturing USD 2 bn deposit is expected to be…
Miga guarantee unlocks USD 313 mn for National Bank of Egypt trade finance
Plus: Incolease taps securitization market with debut EGP 2 bn…
Ceasefire optimism triggers EGX30 rally and EGP recovery
The EGP gained around 2.5% on the greenback by the…
IBF & Company doubles down on logistics with Techno Metal acquisition
Plus: Lucky lands USD 23 mn in Series B round,…