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Results Review

The Central Bank of Egypt announces the container shortage at the ports

The ministry’s representative stressed that the new rules aim at transparency in the supply chain rather than at fixing prices, and that breaches will go to the Consumer Protection Agency.

8.2 Rated 8.2 out of 10

The meeting closed by forming a joint Chamber–ministry committee, meeting weekly to follow implementation and reporting monthly to the federation’s board.

The Chamber had earlier launched a trader training programme on e-invoicing, taken up by more than 2,100 participants across six governorates.

What happens next

The division head said the meeting examined the direct effect of the decision on supply inside the local market, and that the Chamber submitted a detailed memorandum carrying traders’ proposals on the timetable.

8.4 / 10

Verdict

The fair, reviewed

Well organised, and busier than expected.

  • Organisation 8.8
  • Turnout 8.0

What we liked

  • A wide turnout

What we didn’t

  • Cramped floor space
Transparency in the supply chain is not a burden on the market; it is what protects it from monopoly.
Dr Mona Abdel-Hakim, economic adviser

Chamber figures put the number of registered businesses at 41,000, up by 3,400 on last year, most of them in retail and logistics.

The figures in brief

  • an expanded Ahlan Ramadan fair among next quarter’s priorities
  • A review of the timetable with the trade divisions
  • A monthly report to the federation’s board

A number of importers argue that the proposed timetable needs a transition period of at least six months, so that small businesses can adapt their accounting systems.

Mostafa Abdel-Latif

Written by

Mostafa Abdel-Latif

Fairs & conferences correspondent · 38 stories · 10,478 followers

Fairs & conferences correspondent at Bayt Al Toggar, following market decisions and what they do to trade and supply in Cairo.

Comments

4 comments

ميادة عزام

اللي محتاجينه مش قرار جديد، اللي محتاجينه إن اللي موجود يتطبق.

المهندس غسان رسلان

الإفراج الجمركي هو المشكلة الحقيقية، والباقي تفاصيل.

أ. رشيد هارون

اللي محتاجينه مش قرار جديد، اللي محتاجينه إن اللي موجود يتطبق.

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