Egypt Edition 
MENA+ Edition 
UAE Edition 
Saudi Edition 
AI + Innovation (MENA) 
Infrastructure 
Adnoc Distribution to manufacture motor oil in Egypt before the end of 2024
The company is also looking into obtaining a license to establish charging stations for EVs
Auto sales recovered by around a third in April
Auto sales recorded 5.7k in April on the back of a 63% m-o-m rise in passenger car sales
PHD, CI Capital, Raya Holding, GB Corp report 1Q earnings
Palm Hills’ sales jumped 377% y-o-y to a record of EGP 32.3 bn
Egypt to start manufacturing FAW EVs in less than a year. PLUS: Pharma, commodities, telecom news
Production will be scaled up over the next three to five years
GB Logistics launches bonded warehouse services. PLUS: News from GB Auto, Beltone, Infinity, EgyptAir
Bonded warehouses are government-authorized facilities that store goods for a limited time without being subject to fees
GV Auto signs agreement with China’s FAW to manufacture, assemble, distribute, and export EVs
The companies plan to establish a hub from which they aims to export EVs from Egypt
Last night’s talk shows were electric with talk of EV charging points
Our friends at Infinity Power currently have 700 charging outlets spread across 170 stations in 14 governorates, Fouad added.
Cabinet approves USD 88 mn auto cables plants, ATIDI membership, fresh foreign assistance
The factory will earmark a sizable portion of its output — made using 60% locally-sourced materials — to exports
Something went wrong. Please refresh the page and/or try again.