Egypt seeks to position itself as regional auto manufacturing hub – minister
Egypt is positioning itself as a regional centre for advanced automotive manufacturing by fostering innovation and…
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automotive industry
Egypt allocates EGP 1b to localise car manufacturing – FinMin
Egypt's Finance Minister Ahmed Kouchouk revealed that the government has earmarked 1 billion Egyptian pounds in…
Geely launches first car assembly plant in Egypt
Egypt's Prime Minister Moustafa Madbouly witnessed on Wednesday the inauguration of Geely's new car assembly plant…
Uzbekistan to boost automotive exports by ’25
Uzbekistan has set an ambitious target to increase its automotive industry exports to $700 million by 2025.
Mansour Automotive commits to Egyptian market expansion – Cabinet
Egyptian Prime Minister Moustafa Madbouly met on Tuesday with representatives from Mansour Automotive Group to…
German factory orders drop, stalling recovery
Germany's manufacturing sector experienced a fifth consecutive month of declining new orders in May 2024, with real…
Germany’s March ’24 manufacturing orders dip 0.4%
Germany’s manufacturing sector experienced a 0.4 per cent month-on-month decrease in real new orders in March 2024,…
Ghabbour Egypt secures EGP1.2 bln funding for expansion
Ghabbour Egypt, has secured a 1.2 billion Egyptian pounds medium-term financing facility to establish an assembly…
Bosch to cut 1,200 jobs in software division by ’26
Bosch, the German automotive supplier, will cut 1,200 jobs in the software development division by the end of 2026,…
Tunisia’s automotive sector contributes 50% of exports: TAA
Tunisia’s automotive sector contributes about 50 percent of the country’s exports, said Myriam ELLOUMI, Vice…