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Infrastructure 
Cairo Metro Line 1 requires EUR 990 mn to complete development
Cairo Metro’s Line 1 needs EUR 990 mn in order to complete development plans, Transport Minister Hisham Arafat said, Al…
Automotive
General Electric proposes investments in railway development
General Electric is proposing a number of investments and expansions in Egypt’s railways, Al Masry Al Youm reports. The proposals…
El Dahshan looks to boost its auto spare parts exports to USD 1 mn by year’s end
Auto component manufacturer El Dahshan is looking to boost exports to USD 1 mn by the end of this year,…
Interest rates hike will exacerbate slump in the automotive market -Naggar
The CBE’s decision to hike interest rates by 200 bps will see the auto market contract by a further 50%,…
Mercedes-Benz’s new CLA Shooting Brake is now available in Egypt
Mercedes-Benz Egypt released its new generation of compact cars with the new model GLA, CLA Coupé, and for the first…
Committee studying alternatives to automotive directive to submit report next week
The joint CBE-auto industry committee studying alternatives to the automotive directive will submit a report to bank Governor Tarek Amer…
GB Auto launches new promotional campaign with discounts up to EGP 17k
GB Auto kicked off a new promotional campaign on Wednesday offering discounts of EGP 10-17k on select models of its…
Plans to revive El Nasr Automotive not going so well, negotiations stalled
If there’s one company that has captured the attention of a certain generation of local-press journalists, it’s Nasser-era pet project…
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