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Car dealers could face EGP 2 mn fines for price gouging
Car dealers that don’t comply with new rules to the government says will prevent price gouging will be slapped with…
Car sales dip in September — thank the global chip shortage
Passenger car sales dipped slightly in September, falling more than 2% y-o-y from the same month last year, according to…
Natgas vehicles are getting a little bit pricier
Some dual-fuel vehicles delivered through the government’s natgas transition scheme will be EGP 3-5k more expensive after the Finance Ministry…
Egypt’s auto sector is not immune to the global chip crisis
How has the global chip shortage impacted Egypt’s auto sector? The global chip shortage has been wreaking havoc on the…
TONIGHT: The IMF’s latest WEO sees a relatively steady global economic recovery + Ain Sokhna is getting more DP World investments
It’s all downhill from here, friends — two more days and we slide into the weekend, and hump day has…
Auto sales strengthen in August
Passenger car sales continued to strengthen in August, rising 15% y-o-y during the month, according to industry figures released yesterday.…
TONIGHT: Auto sales up in August; EgyptAir completes maiden flight to Israel; Georgieva in trouble; OPEC+ could increase production; Global economy faces headwinds.
We’re kicking off a shortened workweek today, with the nation getting Thursday 7 October off in observance of Armed Forces…
Geely and Abou Ghaly make it official
Geely and Abou Ghaly make it official: Chinese carmaker Geely Auto has inked a strategic partnership agreement with local agent…
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