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MNHD earnings surge in 2022 on record sales, GB Auto net income up on MNT stake sale
Record sales for MNHD in 2022:Madinet Nasr Housing and Development’s (MNHD) net income more than doubled in 2022 on the…
Egypt, UAE, Jordan and Bahrain to establish 9 industrial projects under regional partnership
Egypt, UAE, Jordan + Bahrain sign agreements for USD 2 bn worth of industrial projects: Egypt, the UAE, Jordan and…
Dongfeng’s E70 EV is here
Dongfeng EVs land in Egypt: Chinese auto firm Dongfeng’s E70 500 Pro electric vehicles are now being sold in the…
Stellantis, Nissan and Mansour could invest USD 145 mn in local assembly
Stellantis, Nissan and Al Mansour Automotive could invest a total of USD 145 mn in the nation’s auto industry over…
The AAST is promising ultra-cheap, locally-assembled EVs
It was a mixed bag on talk shows yesterday: Kelma Akhira’s Lamees El Hadidi discussed Egypt’s debut sukuk issuance with…
A fresh earthquake in southern Turkey dominated the conversation on the airwaves last night
Yesterday’s earthquake in southern Turkey dominated the airwaves last night, with the pair of fresh tremors hitting Hatay again getting…
Gov’t approves two-month extension to expat car import scheme
The scheme has so far failed to gain traction among Egyptians abroad
So, you want to buy a new car — do you have any options at all right now? Here’s the state of play as of February 2023.
Want to buy a brand new car? Only a few 2023 models are currently available at car dealerships around the…
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