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GB Auto to localize the assembly of another Hyundai model
PLUS- Cabinet approved two draft petroleum exploration and exploitation agreements
Lorax Capital Partners-led consortium acquires AfricInvest’s entire MDP stake. PLUS: Genesis opens first Egypt showroom, Fawry partners with Forsa
Lorax’s acquisition bid was backed by the EBRD, International Finance Corporation, and the French Development Agency’s Proparco
Hyundai anticipates easing of global chip shortage in 2Q2022 + Meta’s promise of internet without charge ended up costing mns + Is publishing making a comeback?
Hyundai’s crystal ball says the global chip shortage could ease next quarter: The South Korean automaker expects its vehicle production…
Your lattes are going to get pricier + Hyundai opts for hydrogen over EVs + ALSO: Steel needs serious bucks to eliminate emissions
Your mochaccino-latte is about to get more expensive: Global supply constraints coupled with trouble brewing in major exporting regions has…
More listings in the pipeline for Abu Dhabi’s ADX
State-backed holding company ADQ plans to list Abu Dhabi Ports on Abu Dhabi’s ADX before the end of the year,…
Car sales rise in August as sector recovers from covid-19 slump
Car sales continued to rebound in August from a slump in sales during the second-quarter covid-19 lockdown, according to industry…
GB Auto awarded distributorship for MG in Iraq
GB Auto lands MG distributorship for Iraq: GB Auto has entered a partnership with SAIC Motor to distribute MG cars…
Egypt’s car sales fall 5.7% in 2019 -AMIC
Automotive sales fell 5.7% to 183k units last year, down from 194k in 2018, Al Mal reported citing figures from…
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