International News China’s Zeekr to raise $500m in US IPO Nada Ali Apr 3, 2024 0 China's Zeekr electric vehicle has resumed plans to raise up to $500 million in a New York initial public offering…
Money Aramco eyes expansion in China Aya El Sayed Mar 10, 2024 0 Saudi Aramco’s CEO, Amin Nasser, announced on Sunday that the company is exploring further investment opportunities…
Money Volvo cuts off Polestar, Geely takes over Aya El Sayed Feb 1, 2024 0 Volvo Cars announced on Thursday its intention to cease its financial support for Polestar Automotive Holding.…
Feature Suzuki halts Hungary plant for 1 week over Red Sea attacks Sama Mousa Jan 15, 2024 0 Suzuki Motor said on Monday it will halt production of its Vitara and S-CROSS in Hungary for a week amid Red Sea…
Tech news Geely to invest $10 bln in Malaysia’s automaking hub Yassmine Elbehnaihy Jul 19, 2023 0 Chinese automaker, Geely, will invest $10 billion to develop the main auto-making hub in Malaysia, Malaysian Prime…
Money Chinese brands replace iPhones, Hyundai in Russia’s war economy Sama Mousa Feb 26, 2023 0 Since the beginning of the Russian invasion of Ukraine one year ago, Russians have replaced smartphones and cars…
Feature Egypt, Chinese Geely deal to produce electric cars Amwal Al Ghad English Sep 7, 2019 0 Egypt's National Organization for Military Production and China's carmaker Geely signed on Friday a memrondum of…
Industry & Trade China’s carmaker Geely reportedly acquiring 49.9% stake in Malaysia’s iconic Proton Yomna Yasser May 24, 2017 0 Chinese automaker Geely will be acquiring a 49.9 percent stake in Malaysia's iconic, home-grown, but…
Industry & Trade Diverse Markets Are Key for GB Auto’s Growth; CEO Yomna Yasser Sep 12, 2013 0 Ghabbour Auto (AUTO.CA), Egypt’s leading car distributor, is counting on a strategy of expansion in the Middle East…
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…