Featured 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…
Industry & Trade 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…
International News 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…
Featured 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…
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 gains L.E5.5 Billion Revenues on Passenger Car Sales: FY 2011 Yomna Yasser Mar 6, 2012 0 GB Auto (AUTO) has achieved revenues of L.E5.5 billion during the FY 2011 gaining 7.2%, noting that it had posted…