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Banque Misr kicks EGP 2.7 bn for Mansour Group’s vehicle assembly plant
The 126k sqm facility will begin operations in 1Q 2027
Al Mansour inaugurates USD 11 mn vehicle filter factory
PLUS- Samil Solution and Leoni Egypt to establish new factories
Al Mansour Automotive breaks ground on USD 150 mn MG manufacturing plant
The Industry Ministry aims for this new factory to serve as a basis for a future automotive city
Al Mansour Auto is now the agent for electric, hybrid BYD models
PLUS- New EV incentives are in the pipeline
GB brings Genesis to Egypt + ManEast may assemble Soueast here in 2027
ManEast will invest EGP 1 bn this year
Three car industry players step up investments in assembly, manufacturing
The investment includes a USD 10 mn vehicle filter plant in the Tenth of Ramadan
Sokhna Industrial Zone to welcome new factories with USD 3 mn in investments
PLUS- Fawry acquired a majority stake in local hospital and medical institutions manager Code Zone
Al Mansour Auto, SAIC’s USD 135 mn MG manufacturing plant to go live in 2026
The factory is set to kick off production in 2Q 2026 will have a local component ratio exceeding 45%
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