Israeli escalation in Gaza amid warnings of humanitarian collapse    Tax revenues surge over 40% without new burdens: ETA chief    Egypt's public-private partnership investments hit EGP 19.8bn in FY 2023/2024: Tahoun Consulting    Egypt's PM attends Gabon president's inauguration after election win    Egypt's Abdelatty, US Advisor Boulos hold call on Africa, Middle East stability    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    EU ambassador commends Aswan's public healthcare during official visit    Agricultural Bank of Egypt offers 5-year livestock loans at 5% to support small farmers    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    EGP closes high vs. USD on Wednesday    Euro area GDP growth accelerates in Q1'25    Germany's regional inflation ticks up in April    Germany among EU's priciest labour markets – official data    Taiwan GDP surges on tech demand    UNFPA Egypt, Bayer sign agreement to promote reproductive health    Egypt to boost marine protection with new tech partnership    Eygpt's El-Sherbiny directs new cities to brace for adverse weather    Cabinet approves establishment of national medical tourism council to boost healthcare sector    Egypt's Gypto Pharma, US Dawa Pharmaceuticals sign strategic alliance    "5,000 Years of Civilizational Dialogue" theme for Korea-Egypt 30th anniversary event    Egypt FM affirms full support for Somalia's unity, security    Central Bank of Egypt meets Chinese delegation to enhance bilateral relations    Sudan conflict, bilateral ties dominate talks between Al-Sisi, Al-Burhan in Cairo    Cairo's Madinaty and Katameya Dunes Golf Courses set to host 2025 Pan Arab Golf Championship from May 7-10    Egypt's Ministry of Health launches trachoma elimination campaign in 7 governorates    Between Women Filmmakers' Caravan opens 5th round of Film Consultancy Programme for Arab filmmakers    Fourth Cairo Photo Week set for May, expanding across 14 Downtown locations    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Ancient military commander's tomb unearthed in Ismailia    Egypt's FM inspects Julius Nyerere Dam project in Tanzania    Egypt's FM praises ties with Tanzania    Egypt to host global celebration for Grand Egyptian Museum opening on July 3    Ancient Egyptian royal tomb unearthed in Sohag    Egyptian Minister praises Nile Basin consultations, voices GERD concerns    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Caption
Published in Al-Ahram Weekly on 12 - 08 - 2004

MONEY TO BURN: The fourth floor of the Suez Canal Bank's downtown branch was completely destroyed by a fire on Tuesday, reports Reem Nafie.
By 5pm, half a dozen fire trucks had surrounded the old, four-storey downtown building owned by the bank. As the fire department attempted to contain the blaze, a crowd of people had gathered to watch as the entire fourth floor was destroyed in less than half an hour.
Since the bank employees had already left work, there were no casualties. Only four people -- two security men and two janitors -- were present in the building at the time. They were taken into custody for questioning.
The cause of the fire remained unclear as the investigators had yet to inspect the building itself.
Nabil El-Ezabi, head of Cairo Security and assistant to the minister of interior, told reporters that because the fourth floor had been built in a makeshift manner out of wood, it easily caught fire.
Since the building was so old, the firefighters chose to use foam mixed with water -- which is gentler than just water -- to put out the blaze.
One of the buildings next door was evacuated completely, while others nearby were left alone. In fact, their residents were standing on their balconies watching the fire. A number of shops and the petrol station across the street were all shut down.
El-Ezabi said that as soon as the fire department arrived at the scene, "gas and electricity were cut off in the entire area" to ensure that no other damage would occur. He also said that because the bank's fourth floor was only used for storage, all of the money and documents in the bank's possession were "safe".
A large security contingent, meanwhile, has been placed on guard at the bank.
Wagdi El-Rabat, the bank's board chairman, refused to comment.
The bank is located on a downtown street with several other financial institutions, including the National Bank of Egypt (NBE), the Central Bank of Egypt (CBE), and several government buildings including the Religious Endowments Ministry.


Clic here to read the story from its source.