The General Organization for Export and Import Control (GOEIC) is planning to remove 10k companies from its importers database, which will prevent these companies from importing goods, GOEIC head Ismail Gaber said, according to the local press. Gaber did not disclose the names of any of the companies, or the reason for their removal.
More from Enterprise
Banks set for acquisition rush as CBE scraps 40% ownership cap for financial companies
The CBE will by extension see its oversight of these…
Miga guarantee unlocks USD 313 mn for National Bank of Egypt trade finance
Plus: Incolease taps securitization market with debut EGP 2 bn…
Egypt looks to restart privatization push with five new EGX filings
Egypt is looking to temporarily list 20 state-owned companies this…
Telda moves into investing with zero-fee stock trading
Telda claims users can sell a position and immediately spend…