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THIS EVENING: Chimera snaps up 7.5% stake in MNT from GB Auto +
Good afternoon, ladies and gents, and welcome to the start of a new week. It’s a relatively calm news day…
Stellantis wants to build 50k cars a year here
Automobile manufacturer Stellantis Egypt wants to locally produce 50k cars a year, Managing Director Hesham Hosny said at an industry…
GB Auto, Misr Beni Suef Cement have separate arbitration news for us
GB Auto has filed an arbitration case against the Algerian government for what it says are “severe damages and losses…
The new face of BMW in Egypt
An international JV now represents BMW and Mini in Egypt, says it’s restarting local assembly: BMW has made Global Auto…
GB Auto okays MNT stake sale after accepting fair value study
GB Auto approves MNT stake sale: GB Auto’s board has greenlit plans to sell a 7.5% stake in MNT Investments…
Mohamed Naguib Ibrahim appointed GB Auto chairman following Raouf Ghabbour’s passing
Mohamed Naguib (LinkedIn) succeeds the late Raouf Ghabbour as the non-executive chairman of GB Auto, the company said in an…
Edita, GB Auto, e-Finance, ODE and EKH report 3Q 2022 earnings
Bold-name companies were in with buzzer-beaters as 3Q earnings season winds down. Real estate players continued to post strong results,…
THIS MORNING: It’s crunch week at COP27 + Climate X is happening at the GEM
Good morning, friends. Before we get started on a very busy news day, we have an announcement to make: Our…
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