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Egypt’s car component makers eager to see sector development strategy in action
Auto components manufacturers want to see the government implementing a sector development strategy that sets uniform quality standards, provides incentives…
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What we’re tracking this week and beyond
The Autotech auto exhibition starts this Friday, 14 December, at the Cairo International Exhibition and Convention Center. The Planning Ministry…
Brilliance plans to assemble Jinbei H1 Minibuses in Egypt
Brilliance Bavarian Auto is looking into establishing a facility for the assembly of Jinbei H1 minibuses in Egypt, company executive…
What we’re tracking this week and beyond
Elsewedy Electric and Arab Contractors will sign tomorrow final contracts for a USD 3 bn, 2.1 GW hydroelectric dam in…
Alaa El Saba to consolidate, list his businesses within three years
Alaa El Saba (not Alaa Saba the investment banker turned private equity investor) is looking to roll investments including car…
No subsidies for electric car charging in Egypt, companies seeing potential
No subsidies for electric car charging stations? The Electricity Ministry will not subsidize electricity sold to recharge electric vehicles, Electricity…
EDEX continues to top the talking heads’ agendas
EDEX 2018 continued to top the talking heads’ agendas on last night’s talk shows. The latest developments in France were…
What we’re tracking on 04 December 2018
The central bank’s parallel FX repatriation mechanism ends today for new portfolio investments. “The decision applies on any fresh foreign…
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