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AI + Innovation (MENA) 
Infrastructure 
Auto sales fall 43% m-o-m in March as customers wait for further price reductions
Distributors sold a mere 4.2k units last month, down just over 43% m-o-m
THIS EVENING: Auto sales dropped to their lowest levels in 5 years in March
Good afternoon, ladies and gentlemen, and happy hump day. In today’s issue, we look into how job applicants exploit AI…
What are Egypt’s targets and spending plans for the green economy in FY 2024-25?
The gov’t aims to generate 20% of its electricity from renewables in the coming fiscal year
Kastour teams up with China’s Foton to assemble electric buses. PLUS: Ashry Steel, Radwan, Mylerz, SODIC, RMBV
The buses will go to both public and privately-owned public transportation providers and the two companies
Germany’s Smart Automobile teams up with Ezz El Arab Group for Egypt EV venture. PLUS: BPE Partners gears up for acquisitions, an oil freezone with the UAE in the works, eKhalas team up with Balad
The German EV maker wants to bring its electric vehicles to the local market in 3Q 2024
Waja Group ventures into the EV industry in Egypt in partnership with Arab Organization for Industrialisation. PLUS: Al Mansour to expand MG range
The business partners are looking to set up a JV
My Morning Routine: Ankush Arora, CEO of Al Mansour Automotive
The automotive sector is changing because of big leaps in renewable energy, artificial intelligence, and telecoms
GB Auto steps into Jordanian market with MG distribution JV
The JV — dubbed GKS — will be the exclusive distributor of MG passenger cars in Jordan
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