Geely and Abou Ghaly make it official: Chinese carmaker Geely Auto has inked a strategic partnership agreement with local agent Abou Ghaly Motors to sell its vehicles in Egypt. The partnership was first announced in August, soon after GB Auto parted ways with Geely, having introduced it to the market.
More from Enterprise
The CBE is taking a tougher stance on regulation
Last summer, HSBC paid the CBE a EGP 1.4 bn…
Farmers aren’t borrowing to survive anymore — they’re investing
Medium-term loans rose more than 1k% to EGP 22.6 bn…
The GCC IPO party took a breather in 2025
The region recorded 40 IPOs during the year, down from…
Valu gets regulatory green light to start operations in Jordan
Former Jordanian Investment Minister Mothanna Gharaibeh will serve as chairman…