Egyptian Finance Minister Mohamed Maait said on Tuesday that 100,000 Egyptians residing abroad have registered online to benefit from the initiative to facilitate the import of cars for Egyptians expats. He noted in a statement to the release of 800 imported cars for Egyptian expats, who have benefited from this initiative. The total value of orders transferred from citizens abroad has so far reached about US$ 500 million, Maait said. He added that the recent legislative amendments include reducing the customs tax by 70 percent. “We are committed to paying the deposits of Egyptians abroad. Beneficiaries of the initiative to facilitate the import of cars, on the set dates, at the exchange ra
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