{"id":618750,"date":"2024-04-18T00:00:00","date_gmt":"2024-04-18T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/04\/18\/this-evening-slight-increase-in-vehicles-on-our-roads\/"},"modified":"2024-04-18T00:00:00","modified_gmt":"2024-04-18T00:00:00","slug":"this-evening-slight-increase-in-vehicles-on-our-roads","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/04\/18\/this-evening-slight-increase-in-vehicles-on-our-roads\/","title":{"rendered":"THIS EVENING: Slight increase in vehicles on our roads"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good afternoon, ladies and gentlemen, and happy Thursday.<\/strong> The weekend is finally here and the news cycle seems relatively subdued this afternoon.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE BIG STORY TODAY<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>10 mn vehicles running on our roads: <\/strong>Total number of licensed vehicles across Egypt saw a slight increase to 9.95 mn by the end of 2023 from 9.94 mn a year before, according to <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/4\/1306.pdf\" style=\"\" rel=\"noopener\">data released by state statistics agency Capmas today (pdf)<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>By the numbers: <\/strong>Private passenger cars accounted for 52.3% of total licenced vehicles in the country, while the number of buses reached 172.4k or 1.7% of total vehicles by the end of last year.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Cairo (obviously) led the motorcade with 26.2% of total licensed vehicles (2.6 mn<\/strong><strong> vehicles)<\/strong>, followed by 1.4 mn vehicles in Giza, then Alexandria with 731.4k vehicles, while North Sinai was the least with only 41.9k vehicles by the end of 2023.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>PSA- EgyptAir has resumed flights between Cairo and Dubai after one day of suspension<\/strong> following Tuesday\u2019s bout of torrential rain that hit the UAE, the national flag carrier <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EGYPTAIR\/posts\/pfbid0kP76ViknMAC5kYj651htkGB5yRJ6B2VhFJD47ebGmqzcs26EZU2jHpQ5SWbto2ZTl\" style=\"\" rel=\"noopener\">said in a statement today<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE BIG STORY ABROAD<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It\u2019s a busy day today with a lot of news making the rounds in the international<\/strong><strong> press. <\/strong>Emergency workers in the UAE are still on damage control after the rainstorm that flooded the country on Tuesday. Damage assessment is still underway, with the airport still facing disruptions. Netanyahu is still deliberating whether or not to respond to Iran\u2019s attack despite urges from leaders around the world to deescalate the situation. The financial world has seen the largest sovereign wealth fund report a first-quarter profit of USD 109.9 bn thanks to the technology boom. The national investor reported that the robust yields from tech stocks were offset by excessively weak returns from real estate. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/flooded-uae-counts-cost-epic-rainstorm-airport-still-facing-disruptions-2024-04-18\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-04-18\/israel-is-caught-between-escalating-war-and-heeding-us?srnd=homepage-middle-east\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2024\/04\/18\/worlds-largest-sovereign-wealth-fund-posts-110-billion-in-q1-profit.html\" style=\"\" rel=\"noopener\">CNBC<\/a>)<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"\/egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>** CATCH UP QUICK<\/strong> on the top stories from today\u2019s <strong>EnterpriseAM:<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>PHD has another North Coast project brewing:<\/strong> Real estate developer Palm Hills Development (PHD) is teaming up with Cleopatra Group <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/37c556f2-086d-4fbe-82dd-371f91ddadb3\/palm-hills-partners-with-cleopatra-group-to-develop-north-coast-project\" style=\"\" rel=\"noopener\">to<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/37c556f2-086d-4fbe-82dd-371f91ddadb3\/palm-hills-partners-with-cleopatra-group-to-develop-north-coast-project\" style=\"\" rel=\"noopener\">develop<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/37c556f2-086d-4fbe-82dd-371f91ddadb3\/palm-hills-partners-with-cleopatra-group-to-develop-north-coast-project\" style=\"\" rel=\"noopener\">a project<\/a> in North Coast\u2019s Sidi Heneish. PHD confirmed the news in <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/4\/1311.pdf\" style=\"\" rel=\"noopener\">a disclosure to EGX today (pdf)<\/a> without naming the other partner company.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>There is a clarification though: <\/strong>The real estate developer clarified that the project\u2019s expected revenues and the partnership structure that were first mentioned in news reports yesterday are both not correct, as the project\u2019s general plan is not finalized yet. The company aims to begin selling units at the project by 2Q 2024, the disclosure added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>\u2600\ufe0f <\/strong><strong>TOMORROW\u2019S WEATHER- <\/strong>Friday\u2019s weather is more of the same with the mercury rising to a 30\u00b0C high and dropping to a low of 18\u00b0C at night, according to our favorite weather app.\u00b0C<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good afternoon, ladies and gentlemen, and happy Thursday. The weekend is finally here and the news cycle seems relatively subdued this afternoon. THE BIG STORY TODAY 10 mn vehicles running on our roads: Total number of licensed vehicles across Egypt saw a slight increase to 9.95 mn by the end of 2023 from 9.94 mn [&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":[7213],"tags":[8527,633,634],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-618750","post","type-post","status-publish","format-standard","hentry","category-what-were-tracking-tonight","tag-automotives","tag-enterprisepm","tag-what-were-tracking-tonight","wpautop","entry"],"acf":{"mongo_id":"db368467-8988-4575-b802-fd9148553357","order":"1","is_powered_by":false,"story_type":"4","photo_url":"","photo_position":"above","homepage_title":"","full_issue_title":"","related_issue":[618748],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/4\/.73e9aed5-b376-44b5-a9a4-58b5b8b7289d.mp3"},"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>THIS EVENING: Slight increase in vehicles on our roads - 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\/2024\/04\/18\/this-evening-slight-increase-in-vehicles-on-our-roads\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"THIS EVENING: Slight increase in vehicles on our roads\" \/>\n<meta property=\"og:description\" content=\"Good afternoon, ladies and gentlemen, and happy Thursday. The weekend is finally here and the news cycle seems relatively subdued this afternoon. 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Some 2.3 mn of the registered vehicles were in Cairo, 1.1 mn in Giza, and 622.2k in Alexandria. Other remaining 4.7 mn cars registered nationwide, 373.5k are taxis.","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":581859,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/26\/this-evening-fresh-agreements-for-nine-regional-industrial-projects-global-stock-market-fear\/","url_meta":{"origin":618750,"position":1},"title":"THIS EVENING: Fresh agreements for nine regional industrial projects + global stock market fear","author":"enterpriseam admin","date":"26 February 2023","format":false,"excerpt":"Good afternoon, ladies and gentlemen. We\u2019re having a (so-far) calm start to the week, but we\u2019re expecting the pace to pick up as everyone shakes off the weekend cobwebs.THE BIG STORY TODAY- USD 2 bn for nine regional industrial projects: Government officials and private sector firms from Egypt, Jordan, the\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":581764,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/23\/stellantis-nissan-and-mansour-could-invest-usd-145-mn-in-local-assembly\/","url_meta":{"origin":618750,"position":2},"title":"Stellantis, Nissan and Mansour could invest USD 145 mn in local assembly","author":"enterpriseam admin","date":"23 February 2023","format":false,"excerpt":"Stellantis, Nissan and Al Mansour Automotive could invest a total of USD 145 mn in the nation\u2019s auto industry over the next three years under individual framework agreements signed with the government earlier this month, Prime Minister Moustafa Madbouly said yesterday. If all three agreements are executed, the companies would\u2026","rel":"","context":"In &quot;Investment Watch&quot;","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/2\/car-manufacturing-1600px-1.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":675056,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/11\/06\/egypt-unveils-usd-multi-mn-in-automotive-and-textile-projects\/","url_meta":{"origin":618750,"position":3},"title":"Egypt unveils USD multi-mn in automotive and textile projects","author":"enterpriseam admin","date":"6 November 2025","format":false,"excerpt":"Good afternoon, folks, and congratulations on making it through another successful workweek. We\u2019re winding down for the weekend, and it seems the news cycle is following suit, with a few investment stories to end the week on a positive note.THE BIG STORY TODAY-? Egypt rolled out new USD multi-mn industrial\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/11\/550.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":645123,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/12\/belaruss-maz-bids-on-eur-9-mn-auto-factory-in-egypt-amkodor-in-talks-over-utility-vehicles-plant\/","url_meta":{"origin":618750,"position":4},"title":"Belarus\u2019s MAZ bids on EUR 9 mn auto factory in Egypt, Amkodor in talks over utility vehicles plant","author":"enterpriseam admin","date":"12 July 2017","format":false,"excerpt":"Belarus\u2019s MAZ bids on EUR 9 mn auto factory in Egypt: Belarusian automaker MAZ could be launching a new factory in Egypt under a EUR 9 mn contract if it wins a tender issued by the ministries of defense and military production, the Belarusian Telegraph Agency reports. The fate of\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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":558667,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/22\/govt-to-take-300-old-microbuses-off-the-road-each-month\/","url_meta":{"origin":618750,"position":5},"title":"Gov\u2019t to take 300 old microbuses off the road each month","author":"enterpriseam admin","date":"22 August 2021","format":false,"excerpt":"The government plans to deliver some 300 natgas-powered microbuses each month starting August as part of the state\u2019s plan to replace old vehicles with new models that have dual-fuel engines, Finance Minister Mohamed Maait said in a statement. The first dual-fuel microbus is now on the road after being delivered\u2026","rel":"","context":"In &quot;Transport&quot;","block_context":{"text":"Transport","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/transport\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/8\/220.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/618750","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=618750"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/618750\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/618748"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=618750"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=618750"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=618750"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=618750"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=618750"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}