Egyptian expat customs-free car import initiative to expire on Sunday

Fri, 12 May 2023 - 02:44 GMT

Egypt’s initiative allowing its expats to import cars free of taxes and customs duties will expire on Sunday 14 May, the Ministry of Finance announced in a statement.

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.

Egypt first country in Middle East to issue Samurai bonds: What you need to know

Wed, 06 Apr 2022 - 01:42 GMT

As per the Egyptian Ministry of Finance’s announcement late in March regarding issuing Samurai bonds, Egypt would thus be a leader in the Middle East in this field, the Cabinet said on Wednesday.