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Rising metal prices puts further pressure on automotive sector + Where does Islam stand on the world of crypto?
Automakers just can’t catch a break: The Russia-Ukraine war is pushing up prices ofmetals — including aluminum, palladium, and nickel…
Ukraine crisis and “poor-quality petrol” top talk show coverage
Leading the conversation on the airwaves last night was the government’s efforts to repatriate Egyptians fleeing the conflict in Ukraine.…
Russia-Ukraine war impacts supply of sunflower oil, chips, and car parts + Cyberattacks are continuing the warfare on another front
Latest commodity victim of the Russia-Ukraine war: Sunflower oil. Russia’s ongoing war on Ukraine has sent a slew of commodity…
Car sales up 13% in January
Passenger car sales were up 13% y-o-y in January, according to industry figures released yesterday. Data from the Automotive Information…
THIS MORNING: Macro’s retail offering 6.5x oversubscribed + the AFCON final, finally
Good morning, wonderful people, and welcome to another big news day. Setting the tone this morning: The Central Bank of…
Car sales up 26% in 2021
Egypt’s auto sector deftly managed the global chip shortage in 2021 as strong demand pushed sales to their highest levels…
Fawry sees 400% y–o-y boom in online payments in 2021
Fawry saw transaction values surge last year: The e-payments giant processed EGP 6 bn worth of cashless POS transactions through…
Korean firm set to produce parts for locally assembled EV microbuses
Korean auto firm set to sign agreement on locally assembled EV microbuses this week: State-owned Engineering Automotive Manufacturing Company (EAMCO)…
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