$150 million investments have been pumped into the local market, indicating that the factory acquires the lion's share of these investments.
20.01.2023
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News by
Egypt Today
Financial Penetration is anticipated to increase, while share of down payment will continue to decline backed by improvement in financial access.
20.01.2023
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News by
open PR
According to figures from the Central Bank of Egypt, foreign reserves registered $34 billion in December 2022, down from $40.9 billion in February.
11.01.2023
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News by
Ahram Online
The global city will include a free zone and a used car sale area, the agency complex area, traffic offices, car showrooms, and services.
08.01.2023
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News by
Egypt Today
Valeo is a tech company that works in the field of smart mobility with a particular focus on the development of safety on roads.
29.12.2022
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News by
Daily News Egypt
Egyptian expats wishing to take advantage of a government initiative to import cars to Egypt free of custom duties and taxes are now not required.
28.12.2022
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News by
Ahram Online
Egyptian President Abdel-Fattah El-Sisi called on the government to end the abandoned vehicles phenomenon in various cities.
26.12.2022
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News by
See news
The partnership with Mercedes-Benz Egypt and its presence within SCZone is an important step to support the auto industry in SCZone.
25.12.2022
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News by
See news
President Abdel Fattah El-Sissi told the World Youth Forum in Sharm El-Sheikh that he was personally committed to seeing EVs built in Egypt.
24.12.2022
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News by
all africa
The percentage of GB Capital in GB Leasing’s capital became 55% after the sale.
21.12.2022
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News by
Daily News Egypt
A car manufacturing complex is under construction in East Port Said to lure further investments.
12.12.2022
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News by
Egypt Independent
The Nissan brand topped the market in October, accounting for 33% of all sales, or around 1,998 sold cars.
30.11.2022
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News by
Zawya
About 10,000 Egyptian expatriates registered over the past 48 hours on the Egyptians Expats Cars app.
20.11.2022
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News by
Ahram Online
Automotive industry in Egypt is witnessing a much-needed boost thanks to the government’s efforts to create a true dialogue with key market players.
30.10.2022
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News by
Egypt Today
Actual production will start in the second half of 2023.
10.07.2022
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News by
Egypt Today
Sylndr, is set to build trust in the used-car market by providing customers with a hassle-free experience to buy, sell and finance their cars.
23.05.2022
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News by
Waya media
Egyptian Minister of Trade and Industry Nevine Gamea and a delegation from Mercedes-Benz Egypt discussed boosting the company’s projects in Egypt.
04.05.2022
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News by
Ahram Online
Further steps are being taken to expand the use of electric vehicles in Egypt, reports Al-Ahram Weekly.
15.04.2022
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News by
Ahram Online
Ezz Elarab Automotive Group — the sole importer and exclusive distributor of Volvo cars in Egypt — recently inaugurated their latest showroom.
14.03.2022
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News by
Ahram Online
Achieving local production of electric vehicles is part of the country's national transition strategy toward a green economy.
07.03.2022
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News by
Xinhua