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The building-materials division announces rising building-material prices

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

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 happens next

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

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

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

  • fully digital shop licensing among next quarter’s priorities
  • A review of the timetable with the trade divisions
  • A monthly report to the federation’s board

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

Written by

Noha El-Sawy

Companies correspondent · 25 stories · 6,853 followers

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

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