Egypt Edition 
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AI + Innovation (MENA) 
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The EGP punches through the EGP 50 barrier
👋 Good morning, friends, and happy long weekend. We’ve got a full issue for you today — starting with The…
Egypt’s auto market cools in April as buyers digest 1Q pull-forward
“April was the height of uncertainty,” Cars by Maged’s Maged El Tawil tells us
Rox ESI to manufacture Egypt’s first luxury passenger EV
Production is scheduled to kick off in mid-2027
My Morning Routine: Karim El Rawas, CEO of Rawas Motors
“My dream is to scale and grow this business further rapidly, but I also know when it’s time to pass…
Trial operations kick off at AD Ports’ Safaga 2 terminal
Plus: Nissan rolls out first locally assembled Magnite from its Sixth of October plant
Leoni lines up EUR 80 mn for new electric cables and wiring facility
Plus: ExxonMobil, QatarEnergy ink MoU for Cypriot gas link
ElTawkeel launches fully integrated digital auto sales platform
Plus: Modon Holding is partnering with the ultra-luxury hospitality brand Montage to launch Montage Ras El Hekma
imports pull further ahead of local assembly in March
Anticipated price hikes and rising inflationary pressures fueled March car sales and EV adoption
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