The expatriate incentives committee reviews the matrix of encouraging expatriate investments

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The expatriate incentives committee reviews the matrix of encouraging expatriate investments

The Committee on the implementation of incentives for expatriates reviewed at its meeting on Thursday, November 8, 2018 in the Council of Ministers headed by Muslim Ahmed, Minister of State in the Ministry of Finance and Economic Planning Matrix package to encourage expatriate investments, which aims to develop a policy of enabling the attraction of savings and remittances through the banking system and the use of Smart Expat card for each Expatriates and their families and use them in the procedures of the Hijra and electronic payment and access to other privileges such as real estate financing as well as insurance on the price of remittances and facilitate the banking procedures and grant the real value of the currency through n Point and incentive system.

The meeting emphasized the importance of intensifying the media message to introduce the benefits of the expatriate incentives matrix.