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Chambers of Commerce to discuss compensation for shop owners

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A Thursday meeting between with the trade minister will cover possible payments to victims of violence

Egypt's interim government to look into compensating shop owners whose business were hurt by recent clashes. AFP Photo

Egypt’s interim government to look into compensating shop owners whose business were hurt by recent clashes.
AFP Photo

By Doaa Farid

The Chairman of the Cairo Chamber of Commerce announced plans for a Thursday meeting between the Federation of Egyptian Chambers of Commerce (FECC) and the foreign trade minister Mounir Fakhry Abdel Nour to discuss compensating owners of damaged shops that were targeted by acts of violence.

Chairman Ibrahim El-Araby said the number of damaged shops is currently unknown, and that after the meeting with the minister they can take actions to estimate the amount of losses.

Ahmed El-Wakil, the head of the FECC said the government had not asked shop owners to submit requests yet.

The head of Al-Behaira Chamber of Commerce Fathy Morsi, however, said they have received over 300 compensation requests from damaged shops in the governorate, which the chamber will submit to the government within the next week.

He said the amount of compensation paid out is a matter to be decided by the Ministry of Industry and Foreign trade.

A number of shops were attacked after the dispersal of pro-Morsi sit-ins in Rabaa Al-Adaweya and Al-Nahda Square on Wednesday 14 August.

  • Shirley Cook

    what is happening about the Egyptian artefacts that were damaged? This was terrible news.


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