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Meet our green(er) future
The Central Bank of Egypt (CBE) has launched a multi-bn EGP program to encourage car owners to outfit their vehicles…
Hot Wheels
Egypt’s auto sector continued to recover from the shock of the pandemic in November with sales ticking up from October,…
Fill ‘er up
Car owners that make the switch to natural gas and dual fuel engines will have access to 325 more natgas…
2020 in review: How adaptation enabled certain industries, instruments and businesses to thrive — even amid covid-19 uncertainty
2020 in review: How diversification and digitization guided infrastructure in 2020 and may continue to do so in 2021: In…
Automotive-focused fund?
The automotive industry could be getting a boost from a fund the government is mulling to encourage local manufacturing, especially…
Also on our radar on 20 December 2020
Egypt needs to cancel dutyfree access for imported cars if it wants to encourage domestic car assembly and become a…
Zero to 60 in…?
Some 250k old cars will be taken off the road and outfitted with dual-fuel engines by the end of 2023…
El Nasr to sign final contracts for EV production with Dongfeng this month
El Nasr Automotive will sign the final contracts this month for its partnership withChina’s Dongfeng to assemble electric vehicles locally,…
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