Customs Clearance and Banking Operations, Egypt

2/13/2025 2:01:48 PM

We are pleased to share some important updates regarding customs clearance procedures in Egypt, based on recent developments communicated by the Alexandria Chamber of Shipping and the Egyptian Customs Authority.
1. Customs Clearance and Banking Operations Update: In an effort to enhance the efficiency of customs clearance, the Alexandria Chamber of Shipping, the Egyptian Customs Authority, and the Alexandria Commercial Division have introduced new measures. The Egyptian Prime Minister has issued a directive to extend customs clearance operations to seven days a week, including weekends and public holidays. This initiative aims to ensure the timely release of cargo at ports and customs stations nationwide. Additionally, all banks involved in customs transactions will remain open during this period to facilitate smooth financial operations related to cargo clearance.

2. Implementation Date: These changes will take effect on December 6, 2024. The goal is to streamline customs and regulatory processes, reducing cargo delays and enhancing the overall productivity of the import and export sector.