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Egypt’s AOI in talks with Opel for domestic EV manufacturing
The Arab Organization for Industrialization is in talks with Opel to manufacture electric vehicles (EVs) in Egypt, Chairman Abdel Moneim…
Maait denies auto development tax
Maait denies auto development tax: Finance Minister Mohamed Maait yesterday denied our report that his ministry is considering a new…
Gov’t looking to impose development tax on cars
EXCLUSIVE- Gov’t mulls industry-wide development tax for the automotive industry: The government is considering imposing a development tax on all…
Egypt to receive 32 cars for third metro line
The National Tunnel Authority will receive 32 new air-conditioned metro cars worth from Hyundai Rotem for Cairo Metro Line 3,…
Egypt in talks with Bombardier for locomotive supply
The National Railway Authority is negotiating with Canada’s Bombardier to manufacture and supply 177 locomotives, the Transport Ministry said in…
AOI in talks with France’s Thales to upgrade Egypt’s train networks
The Arab Organization for Industrialization (AOI) is in talks with France-based transportation and defense giant Thales Group to upgrade the…
Egypt to launch next month Ain Sokhna-Mombasa shipping line
The government will begin operating early next month a shipping line from Ain Sokhna Port to Mombasa Port in Kenya,…
Shipping companies swap Egypt for Greece due to high port fees
Greece’s Port of Piraeus has seen revenues increase 14.1% y-o-y in 1H2019 thanks to shipping alliances abandoning East Port Said…
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