Automotive News
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Nissan Egypt to invest $45M to expand local production, increase exports
The new model will feature a local component ratio exceeding 54%, supporting the company’s goal to enhance domestic production.
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Al Mansour Automotive and China’s SAIC to build MG assembly plant
Al Mansour secured the rights to be MG’s exclusive distributor back in 2018.
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Egypt reinforces automotive industry localization with $50M Coficab investment
El-Khatib reaffirmed Egypt’s commitment to advancing the automotive industry and its supporting sectors as key pillars of the national economy.
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Egyptian auto market startup Sylndr secures EGP 370 mn
EFG Corp-Solutions acted as one of the lenders of the transaction, alongside EFG Holding’s commercial bank Bank NXT, EG Bank, and others.
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Egypt launches production line of Chinese-made Exeed cars
Egypt launched the production line of the Chinese-made Exeed cars on Sunday at the Egyptian-German Automotive's (EGA) factory in the Sixth of October.
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NASR, Al Safy Group sign EGP 500 mln deal to manufacture cars locally
This partnership will contribute to the country’s long-term economic growth and industrial development by meeting domestic market demand and expanding
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El-Nasr manufactures its 1st electric bus
This cooperation comes within the framework of environmental protection, and the plan to develop new clean energy buses.
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Egypt seeks revitalising auto industry
PM Madbouli spoke at a ceremony to return of production lines at the state-owned El-Nasr Automotive Manufacturing Company (NASR) after 15-years.
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Supply of excavators
Cairo: Supply of 15 excavator hopper dredgers. Also, rehabilitation and renovation of 9 river/inland barges under two contracts
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BRICS agreements to have major impact on car prices in Egypt
Saad further expected that the "BRICS" agreement to have a major impact on car prices, advising people to postpone their decision to buy a new car.
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Egyptian Alkan, Chinese BAIC ink deal to establish EVs plant in Egypt
he factory will be constructed on a site spanning 120,000 square metres, with production slated to commence by the end of 2025.
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Tender for Automotives
Cairo: Supply of 5 mobile clinics
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Egypt seeks to curb 2025 car imports
This would cap monthly imports at 8,000 cars, a significant reduction from the 90,000 cars imported last year.
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Egyptian-Japanese Business Council, UNDP strengthen cooperation for development
The discussion focused on the localization of automotive production in Egypt and the challenges faced by the sector.
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Egypt’s EV ambitions: Opportunities, challenges on the road ahead
As the world pivots toward greener transportation, Egypt has been eyeing becoming a key player in the global electric vehicle (EV) market.
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Egypt Aims to Secure Affordable Electric Cars
Egypt is poised for the production of key components such as motors and batteries, and eventually for full-scale vehicle production.
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Supply of Buses
Giza: Supply of 2 buses/51passenger
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EVs Electrify Egypt Summit kicks off with extensive Governmental and International participation
The summit represents an ideal platform for leading companies to explore investment opportunities in this sector.
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Egyptian auto sales in August up 25% YoY
Egyptian International Motors plans to invest some $100 million in its vehicle manufacturing business.
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5 key facts about the Robeiki City expansion project
This project is set to create 3,000 jobs, diversify Egypt’s manufacturing capabilities, and increase the country’s export potential.