GB Auto acquires 96% of Chinese-made car sales in Egypt
Ghabbour Auto was able to acquire 96% of the Chinese car market in Egypt. Its two main brands, Chery and Geely,…
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Sales
Abraj Misr eyes contract sales of $180mn in Egypt by end-2016
Egypt-based real estate developer, Abraj Misr eyes achieving contract sales estimated at 1.6 billion Egyptian…
H&M sales hit by hot weather, but still surge
Swedish clothing retailer Hennes & Mauritz (HM-B.SK) announced on Thursday that sales increased 7% in local…
Egypt’s Nile, Al-Ahram Companies eye $19mn-sales in Eid- Al-Adha
Egypt-owned Nile and Al-Ahram companies for consumer complexes eye achieving sales volume of 175 million Egyptian…
Samsung stops Note 7 sales after exploding battery reports, offers replacements
Samsung has stopped sales of its Galaxy Note 7 smartphone after it found "battery cell issues" in the device, the…
Samsung recalls Galaxy Note 7 phones after battery explosions
Samsung Electronics Co Ltd has recalled all Galaxy Note 7 smartphones equipped with batteries it has found to be…
Dabur Egypt sales for Q1-2016 up 25%
Dabur Egypt’s sales for the first quarter of 2016 achieved a 25% increase, according to Moheb Kaiser, the…
Alex Markets Consumer Complexes eyes $7.8mn-sales during Eid Al-Adha
Egypt-based Alexandria for Consumer Complexes Company-Alex Markets plans achieving sales of 70 million Egyptian…
China July industrial profits rise
Profits earned by China's industrial firms grew at their fastest pace in four months in July, aided by a pick-up in…
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…