CAIRO, June 3 A fire at a telecommunications
cable in Egypt has caused internet disruptions throughout parts
of the country, disrupting business flow, head of Egypt's
Telecommunication's Regulatory Authority told Reuters on
"There was a fire at a cable line and it is being fixed,"
Hesham El-Alaili, told Reuters over the phone.
Banks have said that the internet cut has affected their
workflow, cutting communications with other banks.
"We don't have any access to anything related to the dealing
system. Which means there is zero interbank trading or
communication on-line," one banker at a Cairo-based bank said.
"We have to do it the old fashioned way, by fax or over the
phone," he said.
(Reporting by Ehab Farouk and Asma Alsharif Editing by Jeremy