GB Auto Archives

GB Leases returns to securitization market with EGP 4.3 bn sale

GB Lease has completed the sale of EGP 4.3 bn of securitized bonds to investors, according to a statement (pdf)…

E-payments giant Fawry saw its bottom line ease 26% to EGP 36.1 mn in 3Q2021, according to its earnings release…

Tuk-tuk import ban has GB Auto searching for alternatives: The Madbouly government’s decision to ban imports of tuk-tuk components is…

How has the global chip shortage impacted Egypt’s auto sector? The global chip shortage has been wreaking havoc on the…

GB Auto has appointed Kamal Ebrahim Morsy Khafagy as its new CTO and Hesham Helmy as CEO of Haram Tourism…

EFG Hermes Corp-Solutions took the lion’s share of Egypt’s leasing market in June, after more than doubling lending m-o-m, according…

No carrots, no sticks: How Egyptian companies are approaching covid vaccination. Egyptian companies have so far shied away from mandating…

Geely cars will now be sold in Egypt by Abou Ghaly Motors: Chinese carmaker Geely Auto has inked an agreement…

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