Federation of Egyptian Chambers of Commerce to set up holding company by year’s end

The Federation of Egyptian Chambers of Commerce will set up a holding company to manage logistics zones and commodities exchanges before the end of the year, federation head Ahmed El Wakil said, Al Masry Al Youm reports. The company will be launched once the government completes feasibility studies on the zones and decides on their locations. The federation may also decide to list the company on the EGX once it is launched, according to El Wakil.