customs

Govt mulls $10 bn import restrictions to correct balance of payments
Business

Govt mulls $10 bn import restrictions to correct balance of payments

A government source close to negotiations between Egypt and the International Monetary Fund (IMF) said on Monday that the government…
Egypt’s ‘chocolate’ imports from Israel US$45,000: Israeli ministry
Business

Egypt’s ‘chocolate’ imports from Israel US$45,000: Israeli ministry

Egypt’s imports of Israeli chocolate stood at US$45,000 in 2015, a report by the Israeli Foreign Ministry said Wednesday, citing…
Egypt to apply new round of customs deductions on EU-imported cars
Business

Egypt to apply new round of customs deductions on EU-imported cars

Egypt will apply a new phase of 10 per cent cuts on customs of vehicles imported from the European Union…
Govt plans further tax on ‘provocative’ goods
Egypt

Govt plans further tax on ‘provocative’ goods

Sources at the Commerce and Industry Ministry have revealed that the government plans to impose taxes on 150 "provocative" imports in…
Chinese imports crush local shoe-making industry in lead-up to Eid
Business

Chinese imports crush local shoe-making industry in lead-up to Eid

Struck with workforce shortages and overwhelmed by cheaper imports, Egypt’s local shoe-making industry is suffering, unable to tap into the…
Cairo airport foils smuggling of ancient books
Egypt

Cairo airport foils smuggling of ancient books

Authorities at Cairo International Airport foiled on Tuesday an attempt to smuggle 761 historical books in Arabic and French, the…
Customs authority chief: New tax evasion tactics found
Egypt

Customs authority chief: New tax evasion tactics found

Magdy Abdel Aziz, head of the customs authority, said approximately 3,500 reports of tax evasion were filed over the past…
Safaga, Red Sea customs departments achieve highest monthly revenues
Business

Safaga, Red Sea customs departments achieve highest monthly revenues

The total revenues of Safaga and Red Sea customs departments reached around LE126.484 million in May, which is the highest…
Al-Morshidy: Govt policies serve imported products
Egypt

Al-Morshidy: Govt policies serve imported products

Mohamed Al-Morshidy, President of the Chamber of Textile Industries, said in an interview with Al-Masry Al-Youm that the industry is…
Report: Customs thwarted 1,364 attempts to smuggle goods worth LE630 million
Egypt

Report: Customs thwarted 1,364 attempts to smuggle goods worth LE630 million

The Customs Department says it succeeded in thwarting 1,364 attempts to smuggle goods worth LE630 million from July 2014 until…
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