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The Customs Authority sets out an expanded Ahlan Ramadan fair

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.

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

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 figures in brief

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.

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

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

Where the divisions stand

  • export facilities into African markets among next quarter’s priorities
  • A review of the timetable with the trade divisions
  • A monthly report 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.

Written by

Hala Soliman

Banking & finance correspondent · 25 stories · 2,681 followers

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

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