Egypt releases $79bln worth of goods in almost a year

Released goods included production requirements and raw materials valued at nearly $33 billion and strategic goods worth about $20 billion

Staff Writer, Arab Finance

January 14, 2025

PHOTO

Egypt has released goods with a value exceeding $79 billion during the period from January 2024 to January 8th, 2025, according to an official statement.

Cabinet spokesperson Mohamed El-Homsani noted that the released goods included production requirements and raw materials valued at nearly $33 billion and strategic goods worth about $20 billion.

In this regard, Prime Minister Mostafa Madbouly highlighted the government’s efforts to reduce customs clearance time to ensure more stability in the Egyptian market.

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