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What we’re tracking on Monday, 23 December 2019
The long-awaited cabinet shuffle materialized yesterday, bringing six new faces to the cabinet table and a handful of surprises, including…
Bolloré, Toyota and NYK sign a final contract to build a roll on roll off terminal at East Port Said
INVESTMENT WATCH- Toyota Tsusho-led consortium to build a USD 150 mn vehicle terminal in SCZone: The Suez Canal Economic Zone…
Intertech Vision ME eyes railway control projects in Egypt
Intertech Vision ME has submitted an offer to the Egyptian National Railways (ENR) for the implementation of the central control…
AOI agrees with Japan’s Toyota Tsusho to manufacture 240k nat-gas minibuses
The Arab Organization for Industrialization (AOI) has agreed with Japan’s Toyota Tsusho Corporation to manufacture 240k natural gas-powered minibuses, according…
Egypt launches three-month electric bus pilot between Tahrir and AUC New Cairo
Egypt’s first electric bus has begun a three-month testing period before the government begins rolling out more of the vehicles…
Ghabbour Auto, El Ghalban to establish car distribution company
Ghabbour Auto and El Ghalban Auto Market have signed an agreement to establish a joint venture to distribute imported cars…
EFG’s new mortgage financing arm Bedaya eyes EGP 500 mn of sales in 2020
EFG’s new mortgage financing arm Bedaya is eyeing EGP 500 mn in sales next year, EFG Finance CEO Walid Hassouna…
El Nasr preparing feasibility study for Dongfeng EV manufacturing project
El Nasr Automotive is preparing a feasibility study to manufacture 25k electric cars in partnership with China's Dongfeng ahead of…
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