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Al Masry Al Youm partners with auto distributors on “Buy Your Dream Car” initiative
Al Masry Al Youm had launched an initiative called “Buy Your Dream Car” to lower car prices in partnership with…
Automotive
Public Transport Authority to issue tender for 200 buses
The Public Transport Authority will issue a tender for 200 new buses as part of its plan to overhaul its…
Immigration Ministry suspends plan to exempt Egyptian expats’ cars from customs in exchange for FX deposit
The Immigration Ministry is scrapping its bid to exempt Egyptian expatriates from customs tariffs on their cars upon returning to…
Saudi King signs MoU with Toyota to launch feasibility study on auto factory
Saudi Arabia’s King Salman signed an MoU with Toyota on Monday night to launch a feasibility study on building an…
Auto companies to reimburse distributors for losses incurred during promotional wave
Some auto companies will be reimbursing their distributors for losses incurred after a recent wave of promotions that saw prices…
Egyptian Kuwaiti Company for Castings injects USD 30 mn in car brakes
Automotive supplier Egyptian Kuwaiti Company for Castings will invest USD 30 mn in an automotive castings plant to manufacture brakes,…
Administrative Court to start looking into lawsuit against Uber and Careem on 11 April
The Administrative Court has set 11 April as the date to begin looking into a lawsuit filed by 42 taxi…
Auto sales decline 39% y-o-y in January
Auto sales declined 39% year-on-year in January, with 9,400 vehicles sold throughout the month, according to data from the Automotive…
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