Egypt’s EALB approves new loans for fertilisers, automotive, food firms
State-owned Egyptian Arab Land Bank (EALB) approved on Thursday 600 million Egyptian pounds ($33.6 million) in new…
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automotive
Egypt, China sign five deals for agriculture, IT, car, fiberglass sectors
Egypt has signed five cooperation agreements with China on Thursday in areas of agricultural, automotive,…
China automotive manufacturer FAW mulls new Egypt investments
China’s state-owned automotive manufacturing company FAW Group Corporation, a , is studying injecting new…
Panasonic in talks to buy ZKW to accelerate push into auto electronics
Japan's Panasonic Corp is in talks to buy European automotive light maker ZKW Group, accelerating its push into the…
Panasonic shares plummet after heavy spending causes weaker outlook
Panasonic Corp shares plunged on Tuesday as investors reacted to a sharp downward revision of the electronics…
Auto sales in Egypt to drop by 30% in 2016: official
The volume of automotive sales in Egypt is expected to decline by 30-35 percent in 2016 to around 200,000 autos…
Supercar maker McLaren says not in talks with Apple
McLaren damped down a report on Wednesday that Apple Inc had made an approach for the British Formula One team…
Auto sales in Egypt to sag to 200,000 cars in 2016- Giza Chamber
The total amount of automotive sales in the Egyptian market is expected to sag in 2016 to 200,000 cars. Chairman of…
Mercedes-Benz asserts commitment to Egypt, denies receiving dealership requests
Mercedes-Benz Egypt stated in a press release on Monday that it had not received any new distribution and…
Chinese firm eyes building automotive factory in Egypt- minister
Egyptian Ministry of Public Enterprise Sector is currently studying an offer proposed by a Chinese firm to build…
