Egypt gives banks long weekend to celebrate Labour Day

On the occasion of the Labour Day holiday, all banks operating in Egypt will be closed from Thursday, with work resuming on Sunday, 7 May 2023," the CBE said in its statement on Thursday.

Last week, the Egyptian cabinet announced Thursday, 4 May, as the annual paid Labour Day holiday for public and private sector employees, thus allowing for a long weekend.

Labour Day, known internationally as International Workers' Day, is celebrated on the first day of May and falls on Monday this year.