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shared by حسام الحملاوي on 28 Feb 11 -

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shared by حسام الحملاوي on 11 May 09 - Cached

the Egyptian Drilling Company, EDC (despite the name apparently 45% owned by a Danish company - the A.P Moller-Maersk Group)
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As the workers were still gathering outside the gates, the minister - Aisha abdel Hadi - suddenly left the building in a car, which made some of them furious. "We came to talk to the minister and you smuggle her out in front of our eyes?" one man yelled to the security guards. Later, a ministry official (possible security) came out to talk to the workers, refusing to say his name. He told them that the situation was beyond the control of the government since this is a global crisis and "even in America 5 million workers has been laid off".
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It's ironic how government officials will deny the impact of the global crisis on Egypt one day, while at the same time using it as an excuse to escape all responsibility to help workers who are losing their jobs because of it..
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These workers feel betrayed by the employer, the union, and the government
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shared by حسام الحملاوي on 11 Nov 09 -

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Then 2004 brought a new cabinet which swiftly cut the top rate of tax from 42% to 20%, leaving multimillionaires paying exactly the same proportion of their income into government coffers as those on an annual salary of less than £500. Special economic zones were created, foreign investment reached dizzying heights ($13bn in 2008) and, in the past three years, economic growth has clocked in at a consistently high 7%. The minimum wage, incidentally, has remained fixed at less than £4 a month throughout. The global business community applauded Mubarak's rule as "bold", "impressive" and "prudent".
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The conference was entitled "Just for you". Whom that "you" was wasn't specified, but it can't have been any of the 90% shut out of Cairo's miraculous economic boom. As the eminent Egyptian economics professor Galal Amin argues, "Those who continue to preach the trickle-down theory are likely to be the ones who do not really care whether anything trickles down at all."
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