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Raya discusses EV licensing regs with Egypt’s traffic authorities
Raya Auto is in talks with traffic authorities to clarify licensing regulations for electric motorcycles, CFO of parent company Raya…
Egypt’s vehicle sales sustain downward trend in 1H2019
Vehicle sales sustain downward trend during the first half of the year: Total car sales in Egypt stood at 74,084…
Cabinet approves final customs package for car makers
EXCLUSIVE- Cabinet approves final amendments on auto manufacturing incentives package: The Madbouly Cabinet has approved final amendments to the Customs…
Egypt targets USD 5 bn auto sector FDI over two years
EXCLUSIVE- Gov’t targeting USD 5 bn auto sector FDI over two years: The government is hoping to attract USD 5…
Brilliance to invest USD 120 as it returns to Egypt assembly
EXCLUSIVE- Brilliance Auto to invest USD 120 mn to return to domestic assembly: Brilliance Bavarian Auto is planning to invest…
Alamal auto group suspends production of BYD S5 amid low demand
Auto assembler Alamal Group is suspending its production of BYD S5 cars due to declining demand, board member Gamal Amin…
NAT to launch tender for Metro Line 1 renovation plans
The National Authority for Tunnels (NAT) will begin accepting bids from companies to take part in the renovation of Metro…
Gov’t to prepare report on converting taxis, minibuses into dual-fuel engine vehicles
The government will prepare a report on the costs and process of converting taxis and minibuses into dual-fuel engine cars,…
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