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Last week CBE issued $1bn as part of bank’s plan to flood the market with a total of $4bn to meet the requests for foreign currency in import contracts
Regulations currently being unified at all ports
Egyptian Customs Authority estimated total customs due on Kia Carens 2016, 1600cc, at approximately EGP 79,000.
Law includes postponement of custom tax payment for one month in return for letter of guarantee to authority
EGP 200m allocated for Port Said’s development in FY 2015/2016
Lack of democracy, political will as well as lack of vision were main reasons why ACM agreement became just ink on paper, says former assistant to IMF’s executive director
Dimian said the current law clashes with articles of the Kyoto Protocol, which aimed to facilitate customs procedures.
The United Bank will introduce in all branches a service for paying all government dues, such as individual and company taxes and customs, the bank’s chairman Mohamed Ashmawy revealed Thursday. The move comes in cooperation with the Ministry of Finance. Ashmawy stressed the significance of enhancing electronic payments in Egypt, instead of depending on traditional …
The decision led to the postponement of many purchasing decisions until the new prices are implemented.
By Mohamed Ayyad Prime Minister Ibrahim Mehleb responded to the requests of the Port Said traders to calculate customs on the basis of the bill that determines the actual value of the goods received. A 40% discount was also granted under Customs Decision No. 21 for containers in the customs area that have no bills …
Legislation to regulate customs transactions and control all ports to eliminate smuggling and prevent entry for non-compliant goods
The agreements will help both countries fight smuggling, says president of Egyptian Customs Authority
Security, legislative, development and services working groups committees established to oversee the elimination of smuggling
915 cases of customs evasion and violation between January and June
Shipping container impounded by customs after suspicion over manifest
Workers say they have been calling for reform for many months
The company has so far lost a total of EGP 250,000 as a result of these containers being held.
A trend that is sure to continue, as the Egyptian government carries on its track record of endowing its visitors more rights than its own citizens
Minister of Finance pushed to restructure SCCT, establish new customs tariffs
Egypt’s Minister of Finance Saeed El-Momtaz denies rumors about remaining in his position