Chambers of Commerce members confirmed that the decision of credit rating issued by Fitch agency on raising the classification of Egypt, more than the international classification, which reflected positively on all economic and trade transactions and  also is confirmed by Mr. Ahmed AlWakeel  the President of the General Federation of Chambers of Commerce, he said that this is a reflection of real development and economic reforms undertaken by the government  and  the country recently.

For his part, Eng. Ibrahim AlAraby vice-president of the General Federation of Chambers of Commerce and chairman of Cairo Chamber of Commerce considers this trend a positive indicator and a guide to the local economy stabilization, which gradually improves as time goes by, he said that raising the classification is reflected the confidence of global institutions in the Egyptian economy and he expected more raising in the coming period with anticipated reforms by the government.