{"id":604961,"date":"2018-12-18T04:16:25","date_gmt":"2018-12-18T04:16:25","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/18\/egypts-bmw-agent-said-to-be-considering-sale-to-egypt-arab-investors\/"},"modified":"2018-12-18T04:16:25","modified_gmt":"2018-12-18T04:16:25","slug":"egypts-bmw-agent-said-to-be-considering-sale-to-egypt-arab-investors","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/18\/egypts-bmw-agent-said-to-be-considering-sale-to-egypt-arab-investors\/","title":{"rendered":"Egypt\u2019s BMW agent said to be considering sale to Egypt, Arab investors"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <b>BMW agent in Egypt considering sale? <\/b>Bavarian Auto Group, the exclusive agent in Egypt for BMW automobiles, may be looking to shop itself to investors in 2019 according to an unconfirmed report in <a href=\"https:\/\/www.almalnews.com\/Story\/403313\/18\/%D8%A5%D8%B9%D8%A7%D8%AF%D8%A9-%D8%AA%D9%82%D9%8A%D9%8A%D9%85-%D8%A3%D8%B5%D9%88%D9%84-%D9%88%D9%85%D9%85%D8%AA%D9%84%D9%83%D8%A7%D8%AA-%C2%AB%D8%A7%D9%84%D9%85%D8%AC%D9%85%D9%88%D8%B9%D8%A9-%D8%A7%D9%84%D8%A8%D8%A7%D9%81%D8%A7%D8%B1%D9%8A%D8%A9%C2%BB-%D9%85%D8%A7%D9%8A%D9%88-%D8%A7%D9%84%D9%85%D9%82%D8%A8%D9%84\">Al Mal<\/a> that cites unnamed sources. The daily claims that an unnamed financial advisory firm is working on a fair value report now that could set a floor for talks with a group of interested Arab and Egyptian investors. The unusually structured report suggests that, alternatively, Bavarian could tend to its knitting, but phase out local assembly and focus entirely on completely-built-up imports as customs duties on EU-assembled vehicles fall to 0% on 1 January. <b>This is one of those stories on which we have zero inside track <\/b>as to its veracity, but the fact that it is circulating suggests industry observers should watch this space.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BMW agent in Egypt considering sale? Bavarian Auto Group, the exclusive agent in Egypt for BMW automobiles, may be looking to shop itself to investors in 2019 according to an unconfirmed report in Al Mal that cites unnamed sources. The daily claims that an unnamed financial advisory firm is working on a fair value report [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[144,6070,72,7128,131,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-604961","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-automotive","tag-bavarian-auto-group","tag-enterpriseam","tag-ma-watch","tag-manufacturing","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"e4a900ef-73a6-4f0b-a017-7c7a98b39cd7","order":"0","is_powered_by":true,"section_story_id":"212ad108-6dcd-4385-9508-72e65b4568c3","story_type":"1","photo_url":"","photo_position":"above","related_issue":[604951],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Egypt\u2019s BMW agent said to be considering sale to Egypt, Arab investors - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/18\/egypts-bmw-agent-said-to-be-considering-sale-to-egypt-arab-investors\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt\u2019s BMW agent said to be considering sale to Egypt, Arab investors\" \/>\n<meta property=\"og:description\" content=\"BMW agent in Egypt considering sale? Bavarian Auto Group, the exclusive agent in Egypt for BMW automobiles, may be looking to shop itself to investors in 2019 according to an unconfirmed report in Al Mal that cites unnamed sources. The daily claims that an unnamed financial advisory firm is working on a fair value report [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/18\/egypts-bmw-agent-said-to-be-considering-sale-to-egypt-arab-investors\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-12-18T04:16:25+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/18\/egypts-bmw-agent-said-to-be-considering-sale-to-egypt-arab-investors\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/18\/egypts-bmw-agent-said-to-be-considering-sale-to-egypt-arab-investors\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt\u2019s BMW agent said to be considering sale to Egypt, Arab investors\",\"datePublished\":\"2018-12-18T04:16:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/18\/egypts-bmw-agent-said-to-be-considering-sale-to-egypt-arab-investors\/\"},\"wordCount\":149,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"automotive\",\"Bavarian Auto Group\",\"EnterpriseAM\",\"M&amp;A Watch\",\"Manufacturing\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/18\/egypts-bmw-agent-said-to-be-considering-sale-to-egypt-arab-investors\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/12\/18\/egypts-bmw-agent-said-to-be-considering-sale-to-egypt-arab-investors\/\",\"name\":\"Egypt\u2019s BMW agent said to be considering sale to Egypt, Arab investors - 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Kuwaiti outfit Al Ghanim Group and Bavarian chairman Farid El Tobgui have both submitted bids for the 99% stake held by a group\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/10\/123.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":577640,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/30\/the-new-face-of-bmw-in-egypt\/","url_meta":{"origin":604961,"position":1},"title":"The new face of BMW in Egypt","author":"enterpriseam admin","date":"30 November 2022","format":false,"excerpt":"An international JV now represents BMW and Mini in Egypt, says it\u2019s restarting local assembly: BMW has made Global Auto Group its new importer and agent in Egypt. Global is a joint venture between Kuwait\u2019s Ali Alghanim & Sons Automotive, Saudi Arabia\u2019s Mohamed Yousuf Naghi Motors, and local firms Organi\u2026","rel":"","context":"In &quot;M&amp;A WATCH&quot;","block_context":{"text":"M&amp;A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/497.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":603113,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/15\/bmw-launches-three-new-electric-cars-in-egypt\/","url_meta":{"origin":604961,"position":2},"title":"BMW launches three new electric cars in Egypt","author":"enterpriseam admin","date":"15 April 2019","format":false,"excerpt":"BMW Bavarian Auto Group, the exclusive agent in Egypt for BMW, has launched three electric car models \u2014 BMW i3, i8 Coupe, and i8 Roadster \u2014 in Egypt, according to a Trade Ministry statement (pdf). Egypt is currently working on building the infrastructure needed for electric cars, and the government\u2026","rel":"","context":"In &quot;Automotive + Transportation&quot;","block_context":{"text":"Automotive + Transportation","link":"https:\/\/enterpriseam.com\/egypt\/category\/automotive-transportation\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":636811,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/01\/bavarian-automotive-to-invest-eur-3-mn-in-bmw-assembly-line\/","url_meta":{"origin":604961,"position":3},"title":"Bavarian Automotive to invest EUR 3 mn in BMW assembly line","author":"enterpriseam admin","date":"1 November 2017","format":false,"excerpt":"Bavarian Automotive is going to invest EUR 3 mn in its Sixth of October plant to assemble BMW cars, Al Mal reports. The company is finishing feasibility studies on assembling BMW 5- and 7-series vehicles. Bavarian Automotive also noted that its plants are running at 45% capacity at the moment.","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":626915,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/15\/bavarian-auto-to-launch-new-eur-3-mn-bmw-assembly-line-in-august\/","url_meta":{"origin":604961,"position":4},"title":"Bavarian Auto to launch new EUR 3 mn BMW assembly line in August","author":"enterpriseam admin","date":"15 July 2018","format":false,"excerpt":"Bavarian Automotive expects to begin assembling the third generation of the BMW X3 model its 6 October plant in August, Marketing Director Yahia Kodouss told Al Mal. The company had announced back in 2017 that it was investing EUR 3 mn to launch a new assembly line at its 6\u2026","rel":"","context":"In &quot;Automotive + Transportation&quot;","block_context":{"text":"Automotive + Transportation","link":"https:\/\/enterpriseam.com\/egypt\/category\/automotive-transportation\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":597450,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/28\/egypt-targets-usd-5-bn-auto-sector-fdi-over-two-years\/","url_meta":{"origin":604961,"position":5},"title":"Egypt targets USD 5 bn auto sector FDI over two years","author":"enterpriseam admin","date":"28 July 2019","format":false,"excerpt":"EXCLUSIVE- Gov\u2019t targeting USD 5 bn auto sector FDI over two years: The government is hoping to attract USD 5 bn of foreign direct investment into the automotive sector within the next two years, two government sources told Enterprise. 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