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Customs brokers authorisations approved by banks are valid for 1 month, or until new customs bylaws issued, says Customs Authority representative
Al-Sisi’s remarks came during his meeting with Prime Minister Mostafa Madbouly to follow up on the establishment of inspection laboratories at the country’s ports, according to the presidency spokesperson Bassam Rady.
Linking all Egyptian ports to electronic platform to simplify procedures, reduce cost of goods, and reduce customs clearance time to less than three days, says Mohamed Maait
The move is an attempt to improve Egypt’s business climate through completing legislative frameworks, regulations and laws, and to help create an investment climate with more transparency in work procedures. It also meets the desires of investors working in the region.
The new law, which will soon be published, includes many controversial changes and amends several provisions of the current law, especially in matters of addressing the carriers’ liabilities.
Trade exchange between Egypt and COMESA countries stands at approximately $2.5bn
Electronic system will, for first time, be established to track goods until final release stage, says Mohamed Maait
Customs Authority will grant “certified economic operator” label to those it deals with, says ministry statement
Turkish car prices expected to fall by 2.5% in 2020
Decision has a limited impact on market prices, says Abo Basha
Government sources told Daily News Egypt that the decision was taken by the Minister of Finance, Mohamed Moeit, to unify procedures for all customs’ items.
Geographically, Bosnia represents the central, eastern, western and Herzegovina regions of the Neretva river basin region.
Egypt announced sending shipment of medical aid to Sudan’s people
The Ministry of Finance reduced the customs dollar exchange rates for non-essentials goods to EGP 17.24 in May, down from EGP 17.385 April, while keeping its price unchanged at EGP 16 for strategic commodities, the ministry announced on Wednesday. In December 2018, Egypt announced ending the discounted customs exchange rate for some imported goods, which …
The State Council will complete within days reviewing the customs draft law, in preparation for sending it to the House of Representatives for discussion and approval, head of the Egyptian Customs Authority, Kamal Negm, said on Wednesday. Negm said the current law No. 66 was issued in 1963 and is no longer consistent with the …
Starting 2019, all European-manufactured vehicles have become duty-free after applying the last phase of duties’ exemption in accordance with the Egypt-EU Association Agreement which caused a notable decrease in vehicle prices ranging from 8% to 15%. Customers in the Egyptian market had high expectations that this step will push car dealers to significantly reduce prices …
Mercedes-Benz looks forward to resume activity, produce new models in Egypt soon: Scheffer
First week of 2019: traders maintain prices, customers wait for reductions
Egyptian industry qualified for global competition, absence of incentives main obstacles
Country a monthly fixed customs rate in January 2017, following flotation pound in November 2016
Essential to start taking measures to protect national industry in country, says Shafei
Customs reduced to encourage optimal preservation of nature
New draft law rearranges all special customs’ systems
Capital Economics expects customs dollar to rise to EGP 19 by year end, EGP 20 by 2020, amid cautious market
The Ministry of Finance revealed on Monday in a press statement that the volume of cars, passenger or transport, and spare parts that were released from customs during fiscal year (FY) 2017/2018, worth EGP 29.7bn. Meanwhile, the total taxes, customs duties, and other fees and fines collected amounted to EGP 9.92bn. The statement explained that …
New customs law exempts blind persons’cars, injured military, police personnel from customs
Customs duties, evasion fines amounted to EGP 775.7m, of which only EGP 81.3m was collected
The increase is very tiny, as it doesn’t represent 0.5% of the cost, says head of importers division
Four months of stabilisation in the value of customs dollar at EGP 16.5 due to the stability of the dollar price in banks
Sources expect unprecedented price increases on new models