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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,…
Egypt’s passenger car sales drop in April as covid lockdown measures bite
Passenger car sales dropped 26% y-o-y in April to 5,852 vehicles, according to figures from the Automotive Information Council (AMIC)…
Ride hailing app Dubci announced its soft launch.
Local ride-hailing app Dubci began a soft launch of its services earlier this week, with a 20% discount for all…
Egyptian Competition Authority requires Careem to show Uber affiliation in its logo
Careem has changed its logo to show that the company is owned by Uber, following a request from the Egyptian…
Siemens to supply electrification services for Cairo’s Metro Line 3
Siemens Energy will be providing the electrification services for Cairo’s Metro Line 3, which will link the capital city to…
Zaitoun Green Shipping’s works on Damietta Port on hold over covid-19
Zaitoun Green Shipping’s renovation works on the Damietta Port and its commercial fleet, including potentially setting up an LNG refueling…
Gov't considers restructuring railway authority’s EGP 250 bn debt pile
Officials are looking at ways to restructure EGP 250 bn in debt owed by the troubled Egyptian Railway Authority (ERA),…
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…
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