Announced over the weekend, the regulatory framework was prepared to serve as a tool for organizing and facilitating work procedures
Importers and their agents will be able to pay 30% of dues in advance for their cargo before its arrival to Egyptian ports as part of efforts to speed up customs procedures
According to the ITIDA CEO, Egypt has recorded the highest venture investment, worth USD190 million, up 30% YoY in 2020, with a CAGR of 100% from 2015-2020
Egypt placed 5th in the region, and 53rd overall, with the UAE leading the MENA group
Signed by CBE Governor Tarek Amer and MCIT Minister Amr Talaat, the cooperation protocol aims to enable the use of the unified payment card, Meeza, and mobile wallets on the Digital Egypt platform
