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Car sales dip in September — thank the global chip shortage
Passenger car sales dipped slightly in September, falling more than 2% y-o-y from the same month last year, according to…
Egypt’s auto sector is not immune to the global chip crisis
How has the global chip shortage impacted Egypt’s auto sector? The global chip shortage has been wreaking havoc on the…
Auto sales strengthen in August
Passenger car sales continued to strengthen in August, rising 15% y-o-y during the month, according to industry figures released yesterday.…
GB Auto appoints new CTO
GB Auto has appointed Kamal Ebrahim Morsy Khafagy as its new CTO and Hesham Helmy as CEO of Haram Tourism…
2021 is turning out alright for Egypt’s debt market
EFG Hermes Corp-Solutions took the lion’s share of Egypt’s leasing market in June, after more than doubling lending m-o-m, according…
How different companies approach their employees’ vaccination
No carrots, no sticks: How Egyptian companies are approaching covid vaccination. Egyptian companies have so far shied away from mandating…
Abou Ghaly Motors is now local agent of Geely
Geely cars will now be sold in Egypt by Abou Ghaly Motors: Chinese carmaker Geely Auto has inked an agreement…
GB Auto net income triples in 2Q off of higher revenues
GB Auto’s net income more than tripled to EGP 374.3 mn in 2Q2021, compared to EGP 115.8 mn in the…
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