Arab Finance: The Central Bank of Egypt (CBE) announced that all Egyptian banks will be off on Thursday, May 4th in celebration of Labor Day, according to a statement on April 27th.
On April 19th, Prime Minister Mostafa Madbouly made the same announcement for the public sector employees.
The occasion falls on Monday, May 1st, but the government said in 2020 it would move all mid-week vacation days, with the exception of Eid Al-Fitr, Eid Al-Adha, and Coptic Christmas, to the end of the week, in order to give workers the chance to enjoy a long weekend.