The tax-free car import initiative anticipates generating $2 billion in revenue, according to Maait.

Finance Minister Mohamed Maait declared that the Cabinet has granted approval for a three-month extension of the tax-free car import initiative for Egyptians residing abroad. This extension comes in response to the substantial interest observed during the second phase, with the number of registrations in the initial two months surpassing three times the figure recorded during the equivalent period in the inaugural phase.

ArabMLS Founder

Ahmed Elbatrawy, who leads the Arab MLS platform, aims to simplify property transactions in the Middle East, paving the way for unprecedented global investment opportunities.

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