The Federation of Islamic Chambers of Commerce, Industry, and Agriculture (ICCIA )'s Board of Directors elected Eng. Ibrahim Mahmoud El-Araby, Chairman of the Federation of Egyptian Chambers of Commerce ( FEDCOC) and Chairman of Cairo Chamber of Commerce ( CCC), as Vice-President of ICCIA by acclamation at the thirty-second meeting in the Kingdom of Saudi Arabia.

During his speech to the Federation of Islamic Chambers, El-Araby stated that the integration of our multiple comparative advantages for production and manufacturing to enter regional and global markets is the way to develop our commodity and service exports in light of the challenges that the global economy has faced in recent years. He emphasized that the only way to get through this critical and crucial period is to execute multilateral cooperation and settle global industries that will result in economic returns and growth for all of our peoples.

El-Araby continued, "During the years of economic reform, the Egyptian government has worked to implement a legislative and procedural wealth to facilitate the business climate and remove all barriers to joint cooperation, as well as adopting an urgent programme to develop infrastructure to link our markets with all global markets." It also implemented all free trade agreements for global economic blocs' marketplaces, as well as the Continental Free Trade Agreement, which covered the whole African continent”.

On the sidelines of that economic renaissance, the Federation of Egyptian Chambers of Commerce ( FEDCOC) developed an integrated package of training programmes to keep up with the rapid changes in local and global markets, to develop the internal and external trade movement, and to develop the commercial community with scientific and academic foundations that allow identifying the latest developments in commercial sciences, he said.

El-Araby urged members of ICCIA to take part in Egypt's current economic renaissance, emphasising his commitment to utilising the Egyptian Federation of Chambers of Commerce's full range of capabilities to provide training opportunities in relevant Egyptian and Arab trade academies to support the development of the commercial and Islamic community and deepen all aspects of joint cooperation.