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Investment, Transportation ministers discuss railway offers with GE, Siemens
Investment and International Cooperation Minister Sahar Nasr and Transportation Minister Hisham Arafat reviewed General Electric’s offer to supply 100-200 train…
TRANSPORTATION
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Sahar Nasr meets with Careem reps
Careem Egypt CEO Ramy Kato discussed expanding in Egypt and industry regulation with Investment and International Cooperation Minister Sahar Nasr…
9.4 mn vehicles in Egypt as of 2016’s end -CAPMAS
There were 9.4 mn registered vehicles in Egypt as of the end of 2016, according to a CAPMAS report. Some…
Auto sales down a bottomless pit
Auto sales dropped 43% year-on-year during April to 9.5k vehicles from 16.8k last year, according to a report from the…
Nissan, Chevrolet, Hyundai continue to top sales charts in Egypt -AMIC
Nissan passenger cars topped sales in the market in the first four months of 2017 with a 21% market share (up…
Egypt drops seven spots to 40 on Focus2Moves annual car market rankings 2016
Egypt dropped seven spots to number 40 on car market intelligence firm Focus2Moves’ 2016 ranking of global car markets by…
EUR 360 mn loan from EBRD for Cairo Metro Line 1 to be signed within a month
Egypt will sign an agreement with the European Bank for Reconstruction and Development (EBRD) for a EUR 360 mn loan…
Amid sales slump, car dealers looking to attract would-be Uber and Careem drivers
The story reads as a paid advertisement for a domestic car dealer, but the theme nevertheless holds: Where a few…
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