Cairo Chamber of Commerce was the first Egyptian Chamber established in Cairo by Abdelkhalek Madkour Pasha in the name of the "Cairo Trade Secret " in 1913, 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 are organizations 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.
The vision: Is that the Chamber of Commerce in Cairo be the leading voice for the business community, and to occupy a respected position in Egypt and the Middle East so that it becomes the model and the standard emulated in the service of the merchants.
The message: To represent, support and protect the interests of the business community and to expand opportunities for members through the provision of services with an outstanding level, in order to contribute to sustainable economic development within the governorate of Cairo.
The task: ·
- The Chamber of Commerce in Cairo provides many vital services to its members, including: · Issuance of certificates of Practice licenses.
- Issuance of certificates of origin.
- Organization of the people' various commercial work and working to solve their problems.
- Preparation of research and economic studies on the market for many goods and services. ·
- Contacts with the social bodies to find appropriate ways of contact between the Egyptians and foreigners businessmen and traders.
- Informing the members of the Chamber about international and local exhibitions and conferences.
- Providing training courses for traders and various fields which belong to the trade affairs, in order to achieve the benefit for the trader.
This is whole done by following a moral behavior, in a way that is transparent in decision-making and complies with applicable laws and international standards of behavior, which would contribute in achieving sustainable development and the welfare of the community, which shall qualify the Chamber of Commerce in Cairo to achieve its vision for the future.
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http://www.CairoChamber.org.eg