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Egypt’s car sales drop 6.5% y-o-y in 8M2019
Total car sales in Egypt dropped 6.5% y-o-y in the first eight months of 2019 to 104,717 vehicles, according to…
Egypt’s AOI in talks with Opel for domestic EV manufacturing
The Arab Organization for Industrialization is in talks with Opel to manufacture electric vehicles (EVs) in Egypt, Chairman Abdel Moneim…
Maait denies auto development tax
Maait denies auto development tax: Finance Minister Mohamed Maait yesterday denied our report that his ministry is considering a new…
Gov’t looking to impose development tax on cars
EXCLUSIVE- Gov’t mulls industry-wide development tax for the automotive industry: The government is considering imposing a development tax on all…
Egypt wants to supply 4-5% of Renault Morocco’s automotive component needs
The Egyptian-Moroccan Business Council is in talks to have Egyptian automotive component manufacturers supplying Renault’s Moroccan manufacturing facility with 4-5%…
Our tuk tuk woes have made it to the foreign press
Our tuk tuk woes have made it to the foreign press, with Xinhua reporting on the threatened livelihood of tuk…
Auto sector requires comprehensive stimulus package to overcome challenges -Lynx
A multi-pronged approach is needed to help Egypt’s auto sector overcome its challenges: The government must combine its plan to…
Careem in talks with Egypt over mass transit services
Careem is in talks with the government to provide mass transit services, newly-appointed General Manager Wael Abou El Ela told…
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