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Contact + Nawy sign EGP 1 bn financing agreement + Med wealth funds launch a colab
Contact + Nawy sign EGP 1 bn financing agreement: Contact Financial’s real estate finance subsidiary will lend EGP 1 bn…
EV startups attracted plenty of investor interest — but need to actually start manufacturing
EV startups need to prove they were worth the risk — and actually manufacturing vehicles is probably a good starting…
Car sales up more than 20% in February
Passenger car sales rose more than 20 % y-o-y in February, according to industry figures from the Automotive Information Council…
Offers roll in for the management of EV charging station company
Fourteen firms are vying to manage the state’s planned EV charging firm, Al Mal quoted Public Enterprises Minister Hisham Tawfik…
Arabia Investments wins appeal in years-long lawsuit against Peugeot
A Cairo court has upheld Arabia Investments Holding’s appeal in its years-long EUR 150 mn lawsuit against Peugeot, filed in…
THIS MORNING: Car price caps announced today + Senegal end our World Cup dreams
Good morning, friends, and happy almost-THURSDAY. We have yet another very big news day, led by word that Qatar plans…
Diplomacy was the topic du jour last night
Coverage of our major day of diplomacy led our airwaves last night: Former Deputy Foreign Minister Mohamed Hegazy joined Al…
The automotive strategy is imminent. How is it being received by local players?
Gov’t is about to launch the automotive strategy. How do local players view it so far? Earlier this month, the…
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