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Incentive package to localize auto industry finalized
Good afternoon, wonderful people. It seems that yesterday's slow news cycle was the calm before the storm. Today’s issue is…
Redcon Construction has plans to expand its presence regionally
PLUS- Egypt plans to resume imports of 12 mn barrels of crude oil annually from Iraq starting 3Q 2025
Gov’t looks into exempting imported auto parts from state development fee
The move comes as part of the government efforts to localize the auto industry
Three car industry players step up investments in assembly, manufacturing
The investment includes a USD 10 mn vehicle filter plant in the Tenth of Ramadan
Auto sales edge up in February after January slump
Auto sales climbed 42.8% y-o-y in February to 10.6k vehicles
Ezz Elarab expands its premium automotive portfolio with the introduction of three new exclusive brands
Ezz Elarab expands its legacy with smart
January’s auto sales dip from two-year high seen in December
The market saw a 61.4% increase in total vehicle sales in January, reaching 10,1k compared to 6.3k units y-o-y
A USD 50 mn home appliances complex incoming?
PLUS- The Financial Regulatory Authority bumped up the limit on microins. coverage
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