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More Chinese car assembly, Elmarakby’s EGP 1 bn vertical play, and Turkish denim lands in SCZone
It’s a good morning for manufacturing in Egypt…
New tariff plan aims to tip the scales in favor of local EV assembly
But while full exemptions for EVs may soon be a thing of the past, duties will likely remain lower than…
MTI, ADM move to corner ultra-luxury auto market with new Rolls-Royce, Lamborghini dealerships as gray market fades
While many sectors struggled, the devaluation of the EGP turned luxury vehicles into attractive assets that store or even appreciate…
The Pharaohs’ Afcon campaign begins
PLUS: The EGX could extend trading by one hour
Maersk returns to the Red Sea, EFG Hermes advises on Kuwait IPO, and EBRD gives Alexbank green financing
Maersk vessels are slowly making their way back to Red Sea waters Shipping giant Maersk’s Sebarok ship passed through the…
Egypt's EV future is here — it just has a backup engine
The auto market is back — but it's not the market we know as distributors pivot to “new energy” models
China’s Fountain Set eyes USD 100 mn textile project
PLUS- Abou Ghaly Motors wants to localize the manufacture of motorcycles
Auto sales rebound in October following September’s decline
Bus sales saw the biggest increase in October, climbing 14.2% m-o-m
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