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MPs approve fresh borrowing, oil exploration
The government will borrow USD 500 mn from Deutsche Bank and Bank ABC to fund healthcare and education spending
Auto spare parts importer wants to set up car engine filter factory. PLUS: Egyptian Swiss unveils EUR 6 mn expansion plan
Sea Port wants to build a USD 30 mn car engine filter factory in Tenth of Ramadan
Egypt’s nascent EV sector classified as “starter market,” but there’s good news
Egypt ranks 28 out of 35 markets in EV readiness, but the market has potential to become “an important market…
Egypt’s first locally produced EV almost ready for launch
We spoke with several EV industry experts to find out how close we are to locally manufacturing EVs, and how…
Foreign investors can become importers + expat car import program gets extension
MPs also approved handing the rights to develop the Safaga Port to a consortium of three companies including AD Ports
Mansour Auto plans new factory for vehicle assembly, components manufacture
The company is set to invest USD 35 mn in the project
What matters to business as the House reconvenes for the 2023-2024 legislative season
MPs are set to discuss and dissect 11 key government-drafted bills over the coming months
House committees sign off on tax cut, expat car import scheme 2.0 + ADP Safaga port contract
President Abdel Fattah El Sisi last month directed the government to raise the income tax exemption threshold as part of…
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