Eng. Ibrahim AlAraby in a dialogue to Amwal Alghad Magazine

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Monday - 18 August 2014 - 10:59 AM

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Eng. Ibrahim AlAraby – Cairo Chamber's Chairman in a dialogue to Amwal AlGhad Magazine – said that the internal trade sector started to take advancement path through revitalizing the role of Internal Trade Development Authority, that intend to offer the second stage of second generation for trade developers to attract more great investments in this vital sector.

He confirmed that trade sector is full of investment incentives and will never affect by latest restraint decisions, which issued as implementation of judicial ruling, which is definitely unobjectable.

Eng. Ibrahim AlAraby assured that most of commercial laws need restruction, in which General Federation of Chambers of Commerce is engaged to improve the economic and commercial atmosphere, plus amending the old laws, that has made the chambers' role advisory.  

He explained that random trade is due to increasing of unemployment rates. Concerning street vendors, Eng. Ibrahim AlAraby positively supported the government policy and latest decisions, which represented in moving street vendors in Altourjman Region. He affirmed that in the coming days common meetings between Cairo Chamber and Cairo Governorate will be held to complete moving process.

He said that Cairo Chamber's Board Members seek to complete project of hospital and club for traders, which estimated 80 million pound, and they pledged to establish by the end of this year.