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Auto sales were up 69.9% in 2025, but imports outpaced locally assembled vehicles at an increased rate
Sales of vehicles imported whole rose 12.1 percentage points faster than those assembled locally
Nissan Africa taps its Egypt head to oversee its operations across the continent
Mohamed Abdelsamad comes into the role after having previously served as managing director of Nissan Egypt
Egypt’s engineering exporters look to solve freezone incentive gap, South America and West Africa exports to help hit USD 13 bn export target
To get there, the council is betting on a 15% annual growth rate
Alexbank, Blu EV launch EV microfinancing, HAP’s big investment push, and Beltone’s Moroccan ticket
Plus: TotalEnergies and Nissan Egypt team up to manufacture oils, Hallan Allam Properties eyes KSA and Europe, Beltone invests in…
Sarwa Ins. becomes the first insurer to get the green light to issue and activate title ins. policies
Plus: cabinet expands subsidized loan program, China’s Guide Automotive Technology to establish EV factory, Aman Consumer Finance closes securitized bond…
Xinfeng Steel eyes moves Egypt up the manufacturing value chain with USD 10 bn specialized steel complex
Included in the list of products to be produced are key sectors in the automotive localization drive
Gov’t drops its push for authorized-only auto spare parts imports
By allowing general importers to continue bringing in automotive parts, the government is choosing market activity over regulatory control
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