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Egypt
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Society
3/7/2023 1:30:08 PM
The Egyptian government has no intention of taxing the income or remittances of Egyptians working abroad, Egypt's Minister of Emigration and Expatriate Affairs Soha Gendy said on Tuesday.
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Egypt
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Politics
2/15/2023 4:04:48 PM
Egyptian House of Representatives' Budget Committee approved on Tuesday a two-month extension to Law 161/2022 allowing Egyptian expats to import tax-free cars after paying their price in foreign currency.
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Business
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Economy
1/16/2023 5:54:53 PM
Egypt has received $925 million in indirect investments in local debt instruments since Wednesday, increasing the country’s reserves of hard currency in addition to an increase from the local market, Egyptian expats remittances, and the tourism sector, the Central Bank of Egypt said on Monday.
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Business
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Economy
12/27/2022 5:24:03 PM
Egyptian expats wishing to take advantage of a government initiative to import cars to Egypt free of custom duties and taxes are now no longer required to have deposits covered for three months in their bank accounts before starting the process, Minister of Finance Mohamed Maait said.
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Business
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Economy
12/25/2022 11:37:07 PM
The Central Bank of Egypt (CBE) has ordered banks to remove the recently-announced limits on overseas cash withdrawals in foreign currency for expats who need the cash for medical treatment or education.
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Egypt
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Society
11/29/2022 3:32:04 PM
Egyptian Minister of Finance Mohammed Maait said on Tuesday that 30,000 Egyptian expatriates have registered over the past two weeks on the Egyptians Expats Cars app, which will allow them to apply to import cars for personal use without paying customs.
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Business
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Economy
11/19/2022 5:17:28 PM
About 10,000 Egyptian expatriates registered over the past 48 hours on the Egyptians Expats Cars app, which will allow them to apply to import cars for personal use without paying customs, Egypt’s Minister of Finance Mohamed Maait said on Saturday.
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Egypt
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Society
11/14/2022 9:53:04 PM
The Cabinet announced on Monday the executive regulations for a law that allows Egyptian expats to import cars for personal use without paying customs duties for four months to attract hard currency.
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Egypt
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Politics
10/28/2022 3:38:49 PM
President Abdel-Fattah El-Sisi approved Law no 161 of 2022 on granting some facilities to Egyptians living abroad in terms of importing one personal-use car.
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Al-Ahram Weekly
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Egypt
10/18/2022 8:28:43 PM
Parliament passed two new landmark bills supporting local vehicle manufacturing while allowing Egyptian expats to import tax-free cars under certain conditions, reports Gamal Essam El-Din
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Egypt
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Politics
10/18/2022 5:13:33 PM
Egypt's House of Representatives – the lower house of parliament – passed on Tuesday a law granting expats the right to import private cars without paying fees or customs taxes for four months as the government seeks to attract much needed foreign currencies.
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Business
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Economy
10/16/2022 9:16:12 PM
Egypt expects to attract foreign currency worth around EGP 50 billion ($2.5 billion) from the four-month initiative announced recently by the government that allows Egyptians expats to import personal cars free of customs duties or taxes, Finance Minister Mohamed Maait said on Sunday.
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Business
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Economy
10/12/2022 11:07:29 PM
The Egyptian Cabinet approved on Wednesday a draft law allowing Egyptians living abroad or their families to have one personal-use vehicle shipped to Egypt without paying customs duties or taxes, including the value-added tax (VAT).
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Egypt
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Society
8/23/2022 9:49:26 PM
Egypt’s Manpower Minister Hassan Shehata said on Tuesday that less than 1,000 Egyptian expats working in Kuwait will be affected by the “Kuwaitisation” policy that is set to be implemented by the Gulf country’s Ministry of State for Municipal Affairs.
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Business
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Economy
8/23/2022 12:38:26 PM
Egyptian expats’ remittance inflows to Egypt grew in FY2021/2022 by 1.6 percent to post $31.9 billion, up from $31.4 billion recorded in FY2020/2021, the Central Bank of Egypt (CBE) announced on Tuesday.
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Business
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Economy
7/31/2022 5:42:39 PM
Remittances sent by Egyptian expats went up 2.1 percent year on year in the first 11 months of the past 2021/2022 fiscal year, recording $29.1 billion, the Central Bank of Egypt (CBE) announced on Sunday.
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Egypt
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Urban & Transport
6/29/2022 3:52:24 PM
Five Egyptians died and four others injured — including a Kuwaiti national — in a terrible road accident involving two vehicles in Kuwait, state news agency MENA reported on Wednesday, citing Kuwait’s Fire Force (KFF).
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Business
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Economy
5/17/2022 1:00:52 PM
Remittances of Egyptian expats rose by 12.8 percent in March to reach $3.3 billion, up from then $2.9 billion recorded in the corresponding month of 2021, according to the Central Bank of Egypt (CBE).
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Al-Ahram Weekly
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Focus
4/28/2022 11:57:00 AM
Muslims in the diaspora are celebrating the holy month of Ramadan together again this year after two years of Covid-19 restrictions
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Egypt
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Society
4/9/2022 5:54:43 PM
President Abdel-Fattah El-Sisi issued on Saturday directives to widen the scope of interactive educational programmes aiming to link Egyptian youths abroad to their homeland, Presidential Spokesperson Bassam Rady said.
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