Arab Finance: Egyptian travelers have brought around 4.6 tons of gold into Egypt since last May, Minister of Finance Mohamed Maait told Asharq Business.

The government has not made a final decision yet on whether to extend the duty-free gold import initiative, Maait noted.

In November 2023, the Cabinet ratified extending the period of customs duties exemption on gold imports brought by Egyptian travelers from abroad for another six months to end on May 10th, 2024.

IFC’s investments in Egypt hit $9B Updated 5/13/2024 7:18:00 AM

Egypt studies extending duty-free gold import initiative Updated 5/12/2024 2:39:00 PM

QatarEnergy acquires 40% of 2 natural gas exploration blocks in Egypt Updated 5/12/2024 2:03:00 PM

ECA to file criminal case against 7 poultry brokers for price-fixing scheme Updated 5/12/2024 12:21:00 PM

Contact Pay, Damen partner to provide comprehensive payment solutions Updated 5/12/2024 11:37:00 AM