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Madbouly talks blackouts, price cuts, EV localization during latest presser
Madbouly said the heatwave pushed power demand to a record 39.4 GW earlier this week
A look at NATCO’s spending to localize the assembly of Exeed
PLUS- Potato exporters are about to have an easier time accessing EU markets
GB brings Genesis to Egypt + ManEast may assemble Soueast here in 2027
ManEast will invest EGP 1 bn this year
Local assembly push helps automotive prices cool down
New factories and increased production capacity expands car supply and pressures prices amid a wave of reductions
Pushing ahead with Dabaa nuclear plant construction
PLUS- Kasrawy Group is now the exclusive agent for Chinese electric vehicle brand Avatr
Updated Automotive Industry Development Program slashes local component ratios
The minimum local component ratio for fossil fuel cars was reduced by more than half to 20%
More units at the Robbiki Leather City up for grabs
PLUS- China’s Gaund Holding Group is working towards launching its first floating hotel in Egypt
Auto sales record highest figure in almost three years in May
On a yearly basis, total auto sales in May were up 127.7%.
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