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Egypt approved a zero-customs policy for participants of the Nebu Expo for Gold and Jewelry, scheduled for the end of November. Head of the Gold Division at the Cairo Chamber of Commerce, Hani Milad, announced that the Egyptian Customs Authority agreed with the Assay and Weights Authority to exempt international participants from gold customs and taxes, allowing them to bring their products in their luggage. The third edition of Nebu will be held between Nov. 25 and 27 amid a rise in the price of gold.

The Ministries of International Cooperation, Finance, and the General Authority for Supply Commodities in Egypt signed a new agreement with the Abu Dhabi Exports Office (ADEX), affiliated to the Abu Dhabi Fund for Development - the first of its kind.

Banks need to release US dollars or the 6,000 tonnes of tea sitting in Egypt's ports for nearly a month won't reach consumers...

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