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The Shahbandar column

The foodstuffs division is studying the container shortage at the ports

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.

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18:42

He added that stock turnover improved by close to 12% over the last quarter, but that the cost of finance remains the first obstacle to expansion in the governorates.

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.

The Chamber’s view

Analysts expect no immediate effect on consumer prices: current stock covers market needs at least to the end of next quarter.

The small trader is not asking for a subsidy. He is asking for one clear rule that does not change every three months.
Ahmed El-Shahbandar, Chamber board member

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.

What it means for traders

  • 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

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

Written by

Karim Fouad

Markets correspondent · 25 stories · 6,457 followers

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

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