This is supported by existing incentives and market dynamics, along with government plans to localize the industry.
05.06.2023
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News by
enterprise
The Minister of Trade and Industry Ahmed Samir laid the foundation stone at Sumitomo Electric Egypt's new vehicle electric-wiring harness factory.
03.06.2023
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News by
Ahram Online
The AMIC attributed the downtrend to the continued impact of the foreign currency shortage.
31.05.2023
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News by
Egypt Today
Minister of Finance assured Egyptian expatriates that the delay in their transfer of imported car fees will not make them ineligible for duty free.
25.05.2023
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News by
Ahram Online
The share of electric vehicles in the Egyptian car fleet is expected to increase from mid-2023.
17.05.2023
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News by
Afrik21
Egypt’s initiative enabling citizens outside the country to import cars free of customs duties and taxes has brought in $713 million in transfers.
09.05.2023
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News by
Ahram Online
A young demography and growing demand for premium cars will further boost Africa’s second largest automotive market.
06.05.2023
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News by
Zawya
Toyota Tsusho, a Japanese car maker, announced plans to establish two car factories in Africa, with an annual production capacity of 100k cars each.
03.05.2023
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News by
Egypt Today
The Egyptian Customs Authority has increased the fees of imported cars with a temporary release system, known as triptik vehicles.
03.05.2023
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News by
Ahram Online
Nissan topped the best-selling passenger car brands in March with a market share of 33%, accounting for 1,515 cars, AMIC added.
02.05.2023
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News by
Zawya
The Egyptian government converted around 50,000 cars to run on gasoline and natural gas between July 2022 and March 2023.
26.04.2023
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News by
Ahram Online
There are only 19 days left until the end of the initiative and it will not be extended, Maait added on Tuesday.
26.04.2023
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News by
Daily News Egypt
Maait added that 100,000 Egyptians residing abroad have registered electronically to benefit from this initiative.
21.04.2023
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News by
Daily News Egypt
AutoTager is an Egyptian automotive technology company that makes it easier to find and buy cars.
20.04.2023
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News by
Wamda
The new factory is set to start production by the end of 2023, and is expected to not just cover the country’s railway track needs, but export too.
20.04.2023
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News by
Scene now
The minister shed light on the recent facilitations issued under the initiative, which include cutting customs tax by 70 percent.
19.04.2023
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News by
Egypt Today
Maait added that the Egyptians abroad imported 600 cars under the initiative, and the total value of payment amounted to $385m so far.
10.04.2023
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News by
Daily News Egypt
The deadline for receiving requests to import cars under the initiative is 14 May, Maait stressed.
09.04.2023
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News by
Ahram Online
This falls within the framework of the government’s efforts to realize green transition and promote use of eco-friendly vehicles.
07.04.2023
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News by
Egypt Independent
GEELY Auto recently announced the performance evaluation of its global agents for 2022.
05.04.2023
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News by
Daily News Egypt
