Arab Finance: The Minister of finance stated that the deadline for registering for the tax-free car import for expats' initiative and paying for its determined deposit is on March 14^th , according to a statement issued by the Ministry of Finance.

There is no intention to extend the deadline after March 14^th, the minister said.

34,000 people have applied for the initiative so far, Maait said, noting that the customs authority releases a number of these cars daily; provided that the indicatory approval is valid for importing the car for a year from the date of issuance.

This initiative is based on the recent decision of the Cabinet to facilitate the import of cars of Egyptians abroad.

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