Mr. Ibrahim AlAraby-Cairo Chamber of Commerce declared that it will raise capital of disaster protection
fund and contingency for traders from two million pounds to 13 million pounds to pursue commercial
activities cost rises and their risks in the country To be a monthly subscription of 255 pounds.
AlAraby also added during a meeting of the Chamber's board of directors that he addressed Mr. Hisham
Qandil Prime Minister and Mr. Morsi ElSayed Hijazi- Finance Minister, and Dr. Hisham Ramez, Central
Bank President that the current dollar crisis and the need to find solutions for problems of trade and
economic consequences of the crisis.
It is noteworthy that Egypt is experiencing a period of political turmoil and security crisis since
the overthrow of former President Hosni Mubarak in a popular uprising early 2011; and these disorders
caused the slowdown in economic activities and often caused clashes accompanying the destruction
of all or part of the commercial enterprises which led to many of the risks faced by traders Because of
this security crisis and instability.