The Egyptian government is considering obligating local shipping agencies operating in Egyptian ports to accept the payment of local container handling fees in the Egyptian pound and to stop dealing in foreign currencies. This came after the Federation of the Egyptian Chambers of Commerce (FEDCOC) submitted an urgent memo to Finance Minister Mohamed Maait. Maait confirmed in an official memo to respond to the FEDCOC’s request that the CEO of the General Authority for Investment and Free Zones, Mohamed Abdel-Wahab, was addressed to study the feasibility of making shipping agencies in Egypt deal in Egypt pound in collecting all required fees instead of using foreign currencies. The memo also e
Hence then, the article about government considers obligating egyptian shipping agencies to use local currency was published today ( ) and is available onEGYPT INDEPENDENT ( Egypt ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Government considers obligating Egyptian shipping agencies to use local currency )