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…
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automotive
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…
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…
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…
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