The Egyptian General Federation of Chambers of Commerce is studying currently establishing a holding

company, which includes a group of companies in all provinces to be in charge of establishing

commercial markets and areas of logistics and commodity exchanges to increase the supply of goods

and reduce the deficient.

Ahmad El Wakeel- the chairman of Egyptian Federation   explained that a group of committees was

formed to study this issue and participate with some bodies and government ministries, pointing out

that this company will have a significant role in increasing the efficiency and competitiveness, plus

reducing deficient and cost.

He emphasized that there is a group of professionals who currently work on scientific studies of this

company and when completed it will be announced officially.

Engineer Ibrahim AlAraby  Vice-President of the General Federation of Chambers of Commerce and

Chairman of the Cairo Chamber also stated that through this company will be established subsidiaries

in each province according to their nature Which will be of interest in sorting out and packaging, storage,

transportation . Al Araby  assured that  It will help in the provision of goods at reasonable prices, due to

keeping them and reduce the deficient , Pointing that the existence of commodity stock exchanges helps

in fixing  prices and controlling them  more than now, and making the randomized  prices regulated.