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Infrastructure 
Transport Authority to buy buses from MAN-Kastour for EGP 35 mn, launches new WiFi-equipped buses in Cairo
The Public Transport Authority signed a EGP 35 mn agreement with MAN-Kastour for 13 double-decker buses, authority chief Rizk Ali…
Automotive
Passenger car imports drop 53.4% y-o-y during 1Q17
In case you needed any more evidence the auto market is in a rut, passenger car imports declined 53.4% year-on-year…
Egypt’s auto market expected to slide 50% y-o-y in 2017 - AMIC
Egypt’s auto market is expected to remain in a slump as sales are seen dropping by 50% year-on-year to 110-110k…
Trade Ministry to hire outside consultancy to help with the automotive directive
The Trade and Industry Ministry will be hiring a German consultant to help with the automotive directive, Trade Minister Tarek…
Auto sales down 45.6% in 5M2017 -AMIC
Auto sales fell 45.6% year-on-year during the first five months of 2017 to 46.3k vehicles, down from 85.3k during the…
Careem planning expansion in six new governorates, signs agreement with Orange
Ride-hailing app Careem is planning to expand in six new governorates by year-end, Chief Operating Officer Ramy Kato said, according…
Egypt receives largest multi-purpose supply vessel in the Middle East
Egypt has received the largest multi-purpose supply vessel in the Middle East which will be deployed to work on new…
Geyushi Motors becomes official distributor for FAW Group
Geyushi Motors announced yesterday that is the exclusive distributor of China’s FAW Group in Egypt, Al Borsa reports. Under the…
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