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Gov’t settles customs payment dispute with Mercedes importer in Egypt
Gov’t settles EGP 700 mn customs dispute with Mercedes importer: The Madbouly Cabinet’s investment dispute resolution committee has settled a…
Mercedes to resume Egypt assembly “soon”, senior exec says
Mercedes-Benz could soon resume the assembly of passenger cars in Egypt after a years-long hiatus, production chain boss Markus Schaefer…
Sahar Nasr discusses with Uber’s SVP investment plans in Egypt
Investment Minister Sahar Nasr met with Uber’s Senior VP and Chief Legal Officer Tony West yesterday to discuss the details…
Transport Ministry prepares to purchase new trains from Spanish company
The Transport Ministry has selected an unnamed Spanish company to supply six new trains for EUR 126 mn, and is…
Are zero customs on EU cars helping lower prices?
Are zero customs on EU cars helping lower prices? Egypt hosting the 2019 African Cup of Nations (AFCON) dominated the…
Egypt seeking EBRD loan for 6 October-El Manashy railway
The Transport Ministry is in talks with the European Bank for Reconstruction and Development (EBRD) for a EUR 100 mn…
Electric cars were hot many decades before Tesla
**#8 Electric cars were around almost as long as gas guzzlers. 171 years to be exact: They may be viewed…
Egypt in talks with at least six int’l automotive manufacturers to set up shop
The government is in talks with at least six global automotive manufacturers to set up full-scale operations in Egypt, Public…
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