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The coronavirus is fuelling a stock buyback boom in Egypt
The coronavirus is fuelling a stock buyback boom in Egypt: Since March, EGX-listed companies have been buying back their own…
Covid-19 dents auto sector recovery — but a rebound might be in the cards in the coming months
EXCLUSIVE- Covid-19 dents auto sector recovery — but a rebound might be in the cards in the coming months: Egypt’s…
GB Auto begins distribution of 2020 Chery Tiggo 7
GB Auto is now beginning to sell the new 2020 Chery Tiggo 7 at a starting price of EGP 269k,…
Earnings watch: GB Auto, EIPICO, ADIB, Credit Agricole Egypt report 1Q2020 results
EARNINGS WATCH- GB Auto posted net profits of EGP 138.4 mn in 1Q2020, soaring 430.6% y-o-y from EGP 26.1 mn…
GB Auto awarded distributorship for MG in Iraq
GB Auto lands MG distributorship for Iraq: GB Auto has entered a partnership with SAIC Motor to distribute MG cars…
Egypt’s GB Auto outlines mitigation plan to protect business from covid-19 fallout
GB Auto suspends capex for 2020 as part of its plans to mitigate effects of covid-19 on business: GB Auto…
Egypt’s auto distributors want to give buyers new car licenses directly from the dealership
Car dealerships want to be able to arrange new car licenses for customers amid suspension of gov’t services: Auto manufacturers…
Dow has best day since 1933 as US, European markets soar on Fed bond buying and prospect of massive US bailout
Dow has best day since 1933 as US, European markets soar on Fed bond buying and prospect of massive US…
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