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GB Auto’s Drive gets FRA nod for consumer finance license
GB Auto’s car finance arm Drive has received preliminary approval from the Financial Regulatory Authority for a full consumer financing…
Price and operation of EV charging network spelled out in regulations now before cabinet
We’re edging toward clarity on what a national charging network for EVs will look like — and how much it…
Three int’l companies, consortium bid for EGP 20 bn electric train
The Aviation Industry Corporation of China, a consortium of French companies, and an unnamed Japanese consortium have submitted bids in…
Raya Auto to invest EGP 200 mn in EV production
INVESTMENT WATCH- Raya Auto plans to invest EGP 200 mn in local EV assembly over the next three years: Raya…
Gov’t turns to customs breaks to spur EV revolution
Gov’t turns to customs breaks to spur EV revolution: The government is cutting to 10% the total value of local…
Hill International and HJI Group to manage NAC Monorail project
The National Authority for Tunnelsawarded (pdf) a consortium of Hill International andHJI Group Corporation the consultancy services contract for the…
GB Auto lands Goodyear tire distribution rights in Egypt
EGX-listed GB Auto has landed distribution rights for Goodyear tires in Egypt as the American tire manufacturer looks to expand…
Covid-19 pushes the US to a used car sales boom
Is covid-19 better for used cars than new ones? Sales data in the US seem to indicate so: The US…
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