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Former FM Sherif Ismail passing dominates talk shows
Sherif Ismail’s passing topped the agenda on the airwaves last night: Most of the nation’s talking heads dedicated segments to…
Auto sales fall 73% in December
Auto sales slump continues in December: Auto sales fell 73% y-o-y in December as import restrictions continued to weigh on…
Goodbye GB Auto Group, hello GB Corp
AUTOMOTIVE- GB Auto is now GB Corp: GB Auto Group has rebranded itself as GB Corp, the company said in…
GB Capital sells a 45% stake in GB Lease to Chimera Investments
It’s official: Chimera to acquire 45% of GB Lease: GB Capital has finalized an agreement to indirectly sell 45% of…
Demand in China and Europe is pushing up EVs’ global market share + The crypto market may be thawing
EVs are getting a bigger slice of the market share pie, thanks to China + Europe: Out of the c.80.6…
Local BMW assembly is back, courtesy of Global Auto Group
AUTOMOTIVE- BMWs are now being assembled in Egypt for the first time in almost five years: Global Auto Group —…
Tech trends to look out for this year
2023: The year of all things VR, AI + EVs: With a new year inevitably comes the promise of tech…
GB Lease issues EGP 1.7 bn in securitized bonds
GB Auto subsidiary GB Lease has closed an EGP 1.7 bn securitized bond issuance, according to a joint statement (pdf)…
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