Tech/AI GB Auto official distributor of US Goodyear Tires in Egypt aya salah Sep 14, 2020 0 EGX-listed GB Auto has been given the distribution rights for Goodyear tires in Egypt as the American tire…
Industry & Trade Egypt’s GB Auto refutes South Sudan new investment media reports Yomna Yasser Jan 19, 2017 0 Egypt's biggest car assembler GB Auto (AUTO.CA) denied media reports on Thursday about the group’s plans to pump…
Industry & Trade Egypt’s GB Auto Q1 net profit falls 70% Yomna Yasser May 11, 2016 0 Ghabbour Auto's first-quarter net profit dropped 70 percent, the Egyptian auto distributor announced in a bourse…
Industry & Trade GB Auto studies expanding in Algerian market Yomna Yasser Apr 17, 2016 0 Egypt's biggest car assembler GB Auto (AUTO.CA) is currently studying expansion opportunities in Algeria to offset…
Industry & Trade Cairo reshapes Egypt-South Korea business council ahead of Sisi’s visit Yomna Yasser Feb 20, 2016 0 Egyptian Industry Minister Tarek Qabil issued Saturday a ministerial decree to reform the Egyptian part of…
Industry & Trade Egypt’s GB Auto urges Govt support for industry to avert future crisis Yomna Yasser Nov 22, 2015 0 Egypt's largest car assembler and distributor GB Auto (AUTO.CA) says it is pushing ahead with its expansion plans…
Egypt News Egypt’s GB Auto says shareholders take up $125.8 mln cash call aya salah May 5, 2015 0 Shareholders in Egypt's GB Auto have subscribed to almost all of its 960 million Egyptian pound ($125.82…
Egypt News GB Auto considers $1.5 bln of Investments Yomna Yasser Jan 8, 2015 0 Egypt's biggest listed vehicle assembler and distributor, GB Auto, is considering investing $1.5 billion to build…
Industry & Trade GB Auto Says to Donate EGP100 million to ‘Long Live Egypt’ Fund Yomna Yasser Aug 7, 2014 0 GB Auto, a leading automotive assembler and distributor in the Middle East and North Africa, announced Thursday it…
EGX Egypt Bourse Revises EGX30’s Constituents, Removes 7 Companies Yomna Yasser Jul 31, 2014 0 Egyptian stock Exchange (EGX) has revised Thursday the constituents of its main index, EGX30, in light of a…
Industry & Trade GB Auto Shareholders discuss Obtaining EGP500 million Loans Today Yomna Yasser Jun 2, 2014 0 Egypt's biggest car assembler GB Auto will hold ordinary general meeting today to discuss obtaining two loans from…
EGX Beltone braces to Run 4 Major IPOs on Egypt Bourse Yomna Yasser May 21, 2014 0 Egypt-based Beltone Financial is preparing to manage 4 major initial public offerings (IPOs) in the next 5 months.…
Industry & Trade GB Auto Explores New Expansion Opportunities for New Lines, Markets Yomna Yasser Apr 19, 2014 0 GB Auto (AUTO.CA), a leading automotive assembler and distributor in the Middle East and North Africa, announced in…
Industry & Trade Egypt to Licence Tuk-tuk Driving by Presidential Decree Yomna Yasser Apr 5, 2014 0 Egypt’s traffic authority will licence existing motorbikes and three-wheeled vehicles commonly known as tuk-tuks,…
Arab Property-Related Shares Lift UAE; Regional Shares Mixed Yomna Yasser Jan 16, 2014 0 Markets in the United Arab Emirates rose on Thursday as investors bought property-related stocks ahead of…
Industry & Trade GB Auto Enters Strategic Alliance with Russia’s Gazprom Neft-Lubricants Yomna Yasser Jan 14, 2014 0 Egypt's biggest car assembler GB Auto (AUTO.CA) announced today that it is expanding its product offering on the…
Industry & Trade It is No Solution to Ban Tuk-tuks in Egypt , GB Auto Yomna Yasser Jan 6, 2014 0 The state judicial body explained that tuk-tuks are widely used in committing crimes, due to their small size, and…
Industry & Trade GB Auto Q3 Net Income Hits EGP7.5 mln Yomna Yasser Nov 14, 2013 0 GB Auto (AUTO.CA), a leading automotive assembler and distributor in the Middle East and North Africa, announced…
Industry & Trade GB Auto Bets on Geely Cars and Expansion Beyond Egypt Yomna Yasser Sep 27, 2013 0 Egypt's biggest car assembler GB Auto (AUTO.CA) is betting on cheaper, locally assembled Chinese vehicles and…
Industry & Trade Egypt’s GB Auto Profits Nearly Wiped Out By Political, Economic Crisis Amwal Al Ghad English Aug 14, 2013 0 Egypt's biggest listed vehicle assembler and distributor GB Auto said on Tuesday its second quarter net income was…
Industry & Trade GB Auto to Buy GB Global, Says H1 Net Profit 6.76% Up Yomna Yasser Aug 13, 2013 0 Leading car assembler GB Auto (AUTO.CA)’s board of directors have approved on Tuesday to buy GB Global Limited –…
EGX Egypt Finalizes Periodic Review of Indices, OCI Removed From Benchmark Yomna Yasser Jul 29, 2013 0 The Egyptian Exchange (EGX)’s management has ratified the amendments that were endorsed by the Indices Committee…
Indices news Egypt’s GB Auto Boosted By Record Sales Revenues Administrator May 17, 2013 0 Egyptian vehicle assembler and distributor GB Auto said on Thursday that its first quarter net income surged 160.1…
Industry & Trade Egypt’s GB Auto Sees Home Market Shrinking After Strong Q4 Yomna Yasser Mar 6, 2013 0 Egyptian vehicle assembler and distributor GB Auto (AUTO.CA) said on Wednesday its net income grew 74.2 percent…
Indices news GB Auto Pushes Regional Expansion Drive Forward Into Algeria And Libya Yomna Yasser Feb 19, 2013 0 GB Auto (AUTO.CA), a leading automotive assembler and distributor in the Middle East and North Africa, announced on…
Indices news Egyptian Passenger Car Market Increased 32 % Year-On-Year In November; GB Auto Yomna Yasser Jan 2, 2013 0 GB Auto (AUTO.CA) Egyptian Passenger Car Market Brief for November 2012 revealed that, overall sales in the…
EGX EGX 30 Inches 0.6% Higher In Week Yomna Yasser Nov 9, 2012 0 Egyptian Exchange benchmark EGX 30 edged higher by 0.668 % this week, representing an increase of 37.29 points,…
Industry & Trade Egypt’s GB Auto Profit Drops On Hyundai Strike Fallout Amwal Al Ghad English Nov 7, 2012 0 Egyptian car sales network GB Auto blamed labour unrest at South Korean producer Hyundai on Tuesday for a 26.5…
Indices news GB Auto Inaugurates Prima Plant With C.70.000 Unit Annual Capacity Yomna Yasser Oct 16, 2012 0 GB Auto (AUTO.CA), a leading automotive assembler and distributor in the Middle East and North Africa, inaugurated…
Industry & Trade GB Auto Ramps Up Capacity At Prima Assembly Plant Amwal Al Ghad English Oct 16, 2012 0 GB Auto (AUTO.CA), Egypt's biggest listed automobile company, has more than doubled capacity at its Prima plant…
Indices news Mrs Ghabbour Sells 10.8 Mln Shares To Son For EGP 321.5 Mln Yomna Yasser Oct 13, 2012 0 GB Auto (AUTO.CA) announced that Ola Lotfy Zaki Wahba, the wife of the company’s CEO Raouf Ghabbour, sold on…
Indices news GB Auto Says CEO’s Wife To Sell 10 Mln Shares To Sons Yomna Yasser Oct 10, 2012 0 GB Auto (AUTO.CA) announced that Ola Lotfy Zaki Wahba, the wife of the company’s CEO Raouf Ghabbour, plans to sell…
EGX EGX 30 Climbs 2.15%, Ends Above 5956 Pts; Tuesday Yomna Yasser Sep 25, 2012 0 During Tuesday closing session, the Egyptian Exchange (EGX) has posted gains of EGP 5.91 billion as the capital…
Indices news EFSA Approves GB Auto’s Call For EGM On Capital Reduction Yomna Yasser Sep 25, 2012 0 The Egyptian Financial Supervisory Authority (EFSA) has sent Tuesday a release to the Egyptian Exchange (EGX)…
Indices news Hermes Defines GB Auto’s FV At EGP 33.4, Recommends ‘Buy’ Yomna Yasser Aug 25, 2012 0 EFG-Hermes issued a report on GB Auto (AUTO.CA) upping its fair value by 55% to hit EGP 33.4. Hermes also…
EGX EGX 30 Falls 0.57%; Sinai Attacks Repercussions Week Yomna Yasser Aug 9, 2012 0 Egyptian Exchange benchmark EGX 30 index edged 0.57 % lower this week, representing a retreat of 28.46 points,…
EGX EGX 30 Retreats 8.7% In Week On Runoff Uncertain Results Yomna Yasser Jun 21, 2012 0 Egyptian exchange main index EGX30 index sunk by 8.76 % this week, representing a retreat of 387.44 points, ending…
Indices news GB Auto Sees 20-30% Sales Rise In 2012 Yomna Yasser Jun 19, 2012 0 GB Auto (AUTO.CA) announced that it expects a rise ranging between 20% and 30 % in its sales during FY 2012,…
EGX HC Remain Positive On GB Auto’s 2012 Earning, Despite Political Unrest Amwal Al Ghad English May 16, 2012 0 HC remained positive on GB Auto’s 2012 earnings (and going forward: 2012–16e net income CAGR of 24%), expecting to…
Indices news GB Auto’s Q1 Net Profits Up 61% Yomna Yasser May 14, 2012 0 Egyptian vehicle distributor Ghabbour Auto - GB Auto's first-quarter net profit rose 61 percent on improvements in…