The Cairo Chamber of Commerce was established in 1913, and its members include about 650,000 merchants, manufacturers, investors, and service providers. It has approximately 60 commercial divisions in various activities and includes approximately 400 employees.
The Cairo Chamber of Commerce is located at 4 Al-Falaki Square, Bab Al-Louk, Cairo.
The Cairo Chamber of Commerce obtained the ISO 26000 certificate for social responsibility.
The Cairo Chamber of Commerce seeks to establish effective channels of communication between Egyptian investors, exporters, and importers with other nations, as well as to cooperate with domestic and international financial and business organizations.
The Chamber organizes the work of the commercial divisions, presents the vision of the owners of the various sectors and their proposals regarding current and future plans, and seeks to solve the problems facing all activities.
The Chamber arranges the activities of the commercial divisions, offers the perspectives of the many sector owners and their suggestions for the present and the future, and works to find solutions to the issues that affect all activities.
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Historical Overview
Cairo Chamber of Commerce was the first Egyptian Chamber established in Cairo by Abdelkhalek Madkour Pasha in the name of the "Cairo Trade Secret " in1913, and had included Some traders and its chairman was named, "Shahbandar of Traders".
Shahbandar is a word with Turkish roots, and it means chairman. In 1941 the first world war broke out and hindered its formation.
In 1919 group of Capital traders headed by Abdul Qader AlGamal pasha decided to establish an Egyptian commercial chamber in Cairo and they elected him as chairman and King Fouad bestowed the title "shahbander of Cairo traders" upon him .The Chamber Participation fees had first been optional until 1930, then the Ministry of Finance decided to pay a yearly contribution amounted 2000 Egyptian pounds.
In 1951 the chambers of commerce law no. 189 was issued during the period of King Farouk and was amended to Law No.6 for the year 2002 ( the current law).
Every trader-individual or corporate- pay participation fees, which amounted 2 per thousand from the Company's Capital to the Chamber , where located his main activity, main branch, or his subsidiary company, and also the registration fees should be more than 24 Egyptian pounds and less than 2000 Egyptian pounds. In addition, the trader should fulfill their Late payment penalties, which are assessed at the rate of 25% of Chamber's participation fees . The Chamber of Commerce is not a Syndicate for traders, but it is organization with legal personality that includes all of those, who engaged in the field of commercial activity, whether public, private, cooperative, or industrial sector, and the Chambers' jurisdictions represent the commercial interests in front of public authorities .
The Chamber is considered one of public organizations and was established according to a decision by the Minister of Trade. This decision identifies its headquarter, its jurisdiction and the number of its members.
The Cairo Chamber of Commerce includes a large number of traders representing about 60% of those, who engaged in trade activities in the Arab Republic of Egypt.
The chambers of commerce numbers in the Arab Republic of Egypt 26 chambers so that each governorate has an independent chamber. They are gathered by the General Federation of Chambers of Commerce that must be located in Cairo Governorate.
Administrative system of Cairo Chamber of Commerce
Cairo Chamber of Commerce is administrated by :
1- Board of Directors
2- The Bureau members
3- Executive Body
1-Board of Directors:
The Chamber of Commerce is administrated by a board of directors, consisting of: (22) members, (11) of them are elected by traders, and the others are appointed by the Ministerof Trade.
The Board of Directors shall elect the Bureau members, consisting of:
The Chairman – two deputies of chairman - Treasurer and Assistant Treasurer –
General Secretary.
The Board of Directors shall manage the Chamber's affairs especially as follows:
1- Making policies for the Cairo Chamber.
2- Putting organizational rules of the budget, the buying and selling accounts and rules Plus investing the surplus funds.
3- Making organizational rules of the Chamber's departments, which identify its tasks and monitoring the work process facilitation.
4- Expressing the opinion on the works or proposals, which were received from Bureau membersor public authorities.
2-the Bureau Members
Tasks of the Bureau Members, including the following
1-putting the Chamber of Commerce general policy
2-Following-up to the implementation of the budget.
3-Considering the staff affairs within the limits of the Regulations
4-Preparing the Board of Directors agenda.
3-The Executive body
Executive body is headed by chief executive, who is responsible in front of the Board of directors for the tasks of the Chamber's staff and their affairs.
Tasks of the Executive Body
1-Implementing the Board of Directors and the Bureau members decisions Preparing the Chamber's draft budget and the closing accounts, which are presented to the Board of Directors
2-Implementing the budget within the laws and regulations.
3-Collecting data and information about the possibility of production and consumption prospects for the future.
4-communicating with other Chambers of Commerce, local authorities and other trade bodies , and disseminating the data and information related to the local business.
5-Printing and disseminating the data and information of interest to all, who engaged in economic and commercial affairs.
