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Japan’s Yazaki kicks off construction of auto parts factory. PLUS: News from Ora Developers, Bosta, Taqa Volt.
AUTOMOTIVE- Yazaki breaks ground on auto parts factory: Japanese manufacturer Yazaki has broken ground on its EUR 30 mn auto…
Raya Auto to locally assemble China’s XPeng EVs within 3 years
Raya Auto is now China EV manufacturer XPeng’s sole agent in Egypt
Succession, The Bear, and Beef make it big in the Emmys. PLUS: EV batteries won’t be improving drastically any time soon
The Emmys were pushed back as a result of the Hollywood strikes that took place last year
AD Ports inks USD 3 mn initial agreement to run three cruise terminals. PLUS: ex-NDP HQ complex, Russian EV factory, Tasweyat capital increase
AD Ports is expected to ink the final 15-year concession agreement in 1Q 2024
Naguib plans to invest over USD 120 mn to turn motorcycles and tuk-tuks into EVs
The project will be carried out by the e-mobility startup BluEV, which is chaired by Sawiris
Gas production slumps to three-year low in September. PLUS: News from Infinity, SODIC, InstaPay, and the IDA
Egypt produced 4.7 bn cubic meters of gas per day in September, down 6% from August
Mercedes-Benz EVs hit the market
The EVs will be available at Mercedes dealerships across Egypt
Elsewedy Capital and Ezz El Arab Automotive team up to locally assemble cars
The newly found company aims to annually produce 50k units in the “coming years”
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