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Automakers are already lining up for the government’s local manufacturing initiative
Five automotive players are looking to either expand their local production or start assembling their units locally
We’re getting two more LNG shipments soon. PLUS: News from Telecom Egypt, EBRD, Stellantis
The shipments will head directly to the Ain Sokhna port
Dr Greiche Glass and High Glass ink strategic merger agreement
The merger is set to boost Dr Greiche’s annual production capacity by 150k square meters.
Infinity Power eye USD 10.5 bn in renewables, EV infrastructure investments over the next five years. PLUS: British International Investment, Ezdehar, Azimut, Flynas
USD 10 bn will go towards renewables investments, while the remaining USD 500 mn will develop Infinity’s EV charging infrastructure…
Auto sales rise for the second month in a row in May
The increase was driven by growth across bus, truck, and passenger car sales
Vokswagen mulls partnering in shared auto production facility in East Port Said
A final agreement could be announced next year
Wastewater plants, schools, and electricity projects to soon be offered up for the private sector. PLUS: Sidpec, Integrated Diagnostics Holdings, Elsewedy Electric, Infinity
Four wastewater plants will be offered to the private sector within four months
Bajaj’s Qute microcar to be manufactured by GB Auto, Military Production Ministry. PLUS: PPP education platform returns? FABMisr + Cayesh, Premium Diagnositcs UAE + City Lab, Fawry, SFE + B Investments
AUTOMOTIVE- GB Auto, Military Production Ministry to manufacture Bajaj vehicle locally: GB Auto subsidiary Itamco and the Military Production Ministry’s…
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