Egyptian expats transfer $713M for car imports through initiative

Mon, 08 May 2023 - 05:19 GMT

The release of 110 imported cars for beneficiaries has been completed so far.

Egypt has attracted $385 million from initiative allowing expats to import customs-free cars; deadline on 14 May

Sat, 08 Apr 2023 - 05:12 GMT

The Egyptian government has attracted $385 million from expatriates as part of an initiative allowing them to import cars for personal use free of customs duties and taxes in exchange for a deposit in foreign currency.