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Al Safy wants to produce batteries + more Xiaomi products locally
The group is eyeing EV and phone battery production
Al Safy-El Nasr alliance names Yehia A. Halim as SN Automotive CEO
A. Halim brings three decades of auto industry experience to the role
El Nasr Auto and Al Safy Group form auto assembly JV with USD 40 mn in initial investments
Three locally assembled models are slated for launch by mid-2025
Al Safy to invest USD 80 mn to develop its television, smartphone production lines. PLUS: Exeed, Mineral Resources Authority, Raya Holding + Helios, ICT Misr, Orange Egypt
The firm plans to expand the factory’s product range to include smartwatches, routers, advanced cameras, and speakers moving forwards
Auto Jameel to assemble up to 15k GAC cars locally: PLUS: Rameda, Vodafone, Ayadi, Entlaq, ACUD, Raya Foods
The company will initially begin producing at third-party production lines, until it establishes its own independent factory within three years
SODIC, Al Safy Group partner on new North Coast development
SODIC will receive 73% of revenues from the planned project
My Morning Routine: Reem Safy, CEO, Al Safy Group
Reem Safy, CEO at Al Safy Group. Each week, My Morning Routine looks at how a successful member of the…
THIS MORNING: COP27 negotiators are pulling another all-nighter in search of a climate agreement
Good morning, wonderful people — we hope the weekend was kind to you and that you’re looking forward to a…