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Egypt, UAE to set up JV for manufacturing dual-fuel trucks
Egypt, UAE to jointly assemble dual-fuel trucks: A joint venture between an Emirati industrial company and the Egyptian military will…
THIS MORNING: Russian flights return tomorrow + RIP Dalal Abdel Aziz
Good morning, wonderful people. You may rejoice: We officially have a four-day work week this week after the cabinet confirmed…
Mercedes-Benz Egypt appoints new CEO
Mercedes-Benz Egypt gets a new CEO: Gerd Bitterlich (LinkedIn) has been appointed CEO of Mercedes-Benz Egypt effective 1 July 2021,…
Mercedes’ local partner plans EGP 1 bn bond issuance to enter EV market
A EGP 1 bn bond issuance could help Mercedes’ local partner enter the EV market: The National Automotive Company (NATCO)…
Auto industry reboot: part II
Passenger car sales grew 70% in June 2021, with over 19k cars sold during the month, up from 11.2k in…
Mercedes-Benz to set up Ain Sokhna logistic center
Mercedes-Benz will set up a logistics center in Ain Sokhna under an agreement with the Suez Canal Economic Zone (SCZone),…
Auto industry reboot
Passenger car sales almost doubled in May, increasing 88% y-o-y from the same month last year, according to figures from…
A last-ditch effort to save Egyptian Iron and Steel?
Ukraine’s Vazhmash is serious about saving Egyptian Iron and Steel: Ukraine-based industrial player Vazhmash has fielded a “serious” offer to…
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