Gov’t raises 2026 passenger car import ceiling to USD 2.5 bn
Higher ceiling reflects improved FX availability — and comes as new rules tighten control over Chinese and EV imports.
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Higher ceiling reflects improved FX availability — and comes as new rules tighten control over Chinese and EV imports.
The fresh funds will go towards boosting output and upgrading the company’s existing Alexandria plant
PLUS- Samil Solution and Leoni Egypt to establish new factories
Good afternoon, folks, and congratulations on making it through another successful workweek. We’re winding down for the weekend, and it…
The Industry Ministry aims for this new factory to serve as a basis for a future automotive city
PLUS- Friday plans to invest over EUR 15 mn into expanding production capacity
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The government said there will be no further hikes for at least a year
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