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The most notable foreign investments secured in 2024
Egypt secured investments from companies and investors across the globe
Gov’t imposes new personal car import rules to curb USD outflows + Car dealers to import USD 1.8 bn worth of cars next year
The Investment Ministry now limits personal car imports to one every five years to save USD and boost auto localization
Fresh details on our car import scheme
Good afternoon folks, and happy Thursday. We’ve got all the latest to kick off your weekend, including fresh details on…
Honda, Nissan, and Mitsubishi eye potential USD 58 bn merger amid rising EV competition
Honda shares climbed 3.8% on the news, and Nissan shares 1.6%
Honda and Nissan begin talks on merger as auto sector competition heats up
Good afternoon folks, and happy Monday. The news cycle may be winding down for this calendar year, but our coverage…
Gov’t allocates plot for Al Mansour Automotive and SAIC’s MG assembly plant
The factory will roll out a total of 15k cars a year
Gov’t to release 30k vehicles stuck at ports for those with disabilities
Cars will be released for individuals with valid medical approvals.
Auto sales inch up in October after two months of decline
The increase was driven by a 20.3% m-o-m growth in truck sales
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