Egypt’s ten-month automotive imports reached $4bn
Egyptian automotive imports hiked by 35 percent during the first ten months of fiscal year 2015-16, recent reports…
Browsing Tag
automotive
New strategy for automotive industry to be submitted to Egypt’s Cabinet soon
Egyptian trade and industry ministry is about to submit new strategy for automotive industry to the Cabinet within…
Saudi Petromin plans investing $28mn in Egyptian automotive services market
Saudi leading lubricants and automotive services company in Africa and Middle East Petromin Corporation (Petromin)…
Automotive sales in Egypt expected to drop by 30% late-2016
Egyptian annual automotive sales are expected to drop from 275,000 to 200,000 vehicles -i.e. 30 percent- by the end…
Moroccan business mission to visit Egypt on April 25
A Moroccan delegation encompassing large firms is set to visit Egypt on April 25, 2016 for a three-day visit to…
South Korea, Egypt to discuss investments in energy, autos, petrochemicals sectors
Egyptian-South Korean Business Council is to discuss means of enhancing mutual relations with South Korea in…
Egypt’s Central Bank policies reduce car imports in 2016
“Cars drain dollars.” This appears to be the operative phrase describing how the Central Bank of Egypt (CBE) views…
Korean car sales seize 30% of Egypt’s automotive market
The sales of Korean personal car market in Egypt hit 7.3 billion Egyptian pounds at the end of October 2015,…
Automotive Sales Paralysed: Distributors
large number of agents and distributors agreed that sales in the Egyptian automotive market have been paralysed;…
Global Automakers Flirt China
Major car makers gathered in Beijing yesterday for China’s leading auto show, seeking an edge in the world’s…
