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Stellantis kicks of local production of Citroen model with 7k annual rollout target
Another locally produced model in cooperation with Stellantis will roll out in late 2026
Auto sales jump 14.8% m-o-m in April
On a yearly basis, total auto sales in April were up 117.7%.
Volkswagen’s plan to make cars in Egypt is still in the cards
The automaker is attracted to Egypt’s sizable domestic market and strategic access to both Middle Eastern and African consumers
Sky AD to develop a 430-feddan plot in Ras El Hekma
The real estate said last year that it was in talks with the government over a 200-600 acres plot in…
US-Egypt trade relations set for a boost with soon-to-be-announced customs agreement
The customs agreement is in its “final stages,” according to both Garg and Madbouly
Sylndr closes USD 15.7 mn funding round
The round was led by Development Partners International via its Nclude Fund
Another decision to sweeten the pot for foreign energy players
Cabinet agreed to implement the R-Factor mechanism in specific oil agreements
Jameel Motors, GAC to launch vehicle assembly operations in Egypt
Assembly operations will begin in 2H 2026
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