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Thursday, 3 September 2020

Companies have one month to clear idling goods from Egypt’s ports

The Customs Authority has reduced the time frame for companies to clear shipments idling at the country’s ports to one month from four months previously, Al Mal reports. Although the decision seems to be addressing the presence of unclaimed goods at the country’s ports, the urgency stems from a concern over a Beirut-esque catastrophe that has been ratcheted up by a presidential directive to heighten safety protocols, Al Mal says, citing an unnamed source at the Customs Authority.

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