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Tesla’s model 3 dominates the global electric car market
Tesla’s model 3 dominates the global electric car market: Despite production challenges and Elon Musk’s legal hiccups with the Securities…
Automotive
Korea Eximbank to finance SMEs in Egypt
The Export-Import Bank of Korea (Korea Eximbank) will provide financing to Egyptian SMEs as part of the USD 3 bn…
Egypt’s Port Tawfik to Saudi’s Jeddah ferry route reopens
Egyptian and Saudi authorities have reopened the Port Tawfiq-Jeddah ferry route after 13 years of inactivity, Red Sea Ports Authority…
Transport Ministry to receive offers on Alamein-Sokhna high-speed rail
The Transport Ministry expects to receive technical and financial offers next month for the high-speed rail connecting Alamein and Ain…
Transport minister discusses digital payments with Visa
A delegation from Visa Inc. discussed with Transport Minister Hisham Arafat cooperating on developing the infrastructure necessary to digitize payments…
GB Auto to push efficiency as theme for 2019
GB Auto pushes efficiency, guides for top- and bottom-line growth in 2019. “Our main theme this year is efficiency, as…
ITIDA, Valeo Egypt sign automotive artificial intelligence R&D agreement
The Information Technology Industry Development Agency (ITIDA) has signed a three-year EGP 21 mn research and development (R&D) agreement with…
Tax Authority issues formula on how to tax tuk tuks
The Tax Authority published in the Official Gazette on Thursday the tax formula for how it will tax tuk tuks,…
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