{"id":631683,"date":"2018-03-25T04:11:26","date_gmt":"2018-03-25T04:11:26","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/25\/four-players-to-invest-egp-417-mn-in-new-service-centers-and-showrooms\/"},"modified":"2018-03-25T04:11:26","modified_gmt":"2018-03-25T04:11:26","slug":"four-players-to-invest-egp-417-mn-in-new-service-centers-and-showrooms","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/25\/four-players-to-invest-egp-417-mn-in-new-service-centers-and-showrooms\/","title":{"rendered":"Four players to invest EGP 417 mn in new service centers and showrooms"},"content":{"rendered":"<p>Four auto players intend to invest a collective EGP 417 mn in new service centers and showrooms, <a href=\"http:\/\/www.almalnews.com\/Story\/369768\/18\/4-%D8%B4%D8%B1%D9%83%D8%A7%D8%AA-%D8%B3%D9%8A%D8%A7%D8%B1%D8%A7%D8%AA-%D8%AA%D8%B3%D8%AA%D8%AB%D9%85%D8%B1-417-%D9%85%D9%84%D9%8A%D9%88%D9%86-%D8%AC%D9%86%D9%8A%D9%87-%D8%AE%D9%84%D8%A7%D9%84-2018\">Al Mal reports<\/a>. Ezz El-Arab Automotive Group is planning to allocate EGP 100 mn this year to establishing new service centers in Cairo and Alexandria, the company\u2019s chairman tells the newspaper, as he expects auto sales to climb 20% this year. Also investing in new service centers and showrooms are El Masria, with EGP 200 mn allocated to the plan, Arabiat (Ssangyong) with EGP 80 mn, and Abu Hetta \u2014 a Toyota, Kia, and Mitsubishi distributor \u2014 who will invest EGP 37 mn in new service centers and three new showrooms this year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Four auto players intend to invest a collective EGP 417 mn in new service centers and showrooms, Al Mal reports. Ezz El-Arab Automotive Group is planning to allocate EGP 100 mn this year to establishing new service centers in Cairo and Alexandria, the company\u2019s chairman tells the newspaper, as he expects auto sales to climb [&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":[9291],"tags":[2370,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-631683","post","type-post","status-publish","format-standard","hentry","category-automotive-transportation","tag-automotive-transportation","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"9342e291-1c37-4d4a-8fec-f176ed607aa2","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","full_issue_title":"Four players to invest EGP 417 mn in new service centers and showrooms","related_issue":[631644],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.8e8fe449-1277-4ad5-9b18-9aeeb4d73077.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>Four players to invest EGP 417 mn in new service centers and showrooms - 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\/03\/25\/four-players-to-invest-egp-417-mn-in-new-service-centers-and-showrooms\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Four players to invest EGP 417 mn in new service centers and showrooms\" \/>\n<meta property=\"og:description\" content=\"Four auto players intend to invest a collective EGP 417 mn in new service centers and showrooms, Al Mal reports. Ezz El-Arab Automotive Group is planning to allocate EGP 100 mn this year to establishing new service centers in Cairo and Alexandria, the company\u2019s chairman tells the newspaper, as he expects auto sales to climb [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/25\/four-players-to-invest-egp-417-mn-in-new-service-centers-and-showrooms\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-03-25T04:11:26+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\/03\/25\/four-players-to-invest-egp-417-mn-in-new-service-centers-and-showrooms\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/25\/four-players-to-invest-egp-417-mn-in-new-service-centers-and-showrooms\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Four players to invest EGP 417 mn in new service centers and showrooms\",\"datePublished\":\"2018-03-25T04:11:26+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/25\/four-players-to-invest-egp-417-mn-in-new-service-centers-and-showrooms\/\"},\"wordCount\":115,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Automotive + Transportation\",\"EnterpriseAM\"],\"articleSection\":[\"Automotive + Transportation\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/25\/four-players-to-invest-egp-417-mn-in-new-service-centers-and-showrooms\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/25\/four-players-to-invest-egp-417-mn-in-new-service-centers-and-showrooms\/\",\"name\":\"Four players to invest EGP 417 mn in new service centers and showrooms - 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The company\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":596460,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/28\/revolta-to-invest-egp-60-mn-in-ev-charging-stations-in-upper-egypt\/","url_meta":{"origin":631683,"position":1},"title":"Revolta to invest EGP 60 mn in EV charging stations in Upper Egypt","author":"enterpriseam admin","date":"28 August 2019","format":false,"excerpt":"Revolta is planning to invest EGP 60 mn to install electric vehicle (EV) charging stations in Upper Egypt, chief of business development Ezz El-Din Ibrahim said at a presser on Monday, according to local news. Revolta CEO Mohamed Badawy had said earlier this year that the company is planning to\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":635433,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/04\/auto-industry-anticipates-resurging-sales-next-year-after-cbe-lifts-imports-restrictions\/","url_meta":{"origin":631683,"position":2},"title":"Auto industry anticipates resurging sales next year after CBE lifts imports restrictions","author":"enterpriseam admin","date":"4 December 2017","format":false,"excerpt":"Six auto companies plan on spending a combined EGP 1.5 bn in 2018 on new production lines, showrooms, and after sales centers in anticipation of a resurgent auto market next year, Al Mal reports. These include Bavaria Bavarian Auto, Honda Egypt, Al Amal, and Kayan Egypt.","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":687303,"url":"https:\/\/enterpriseam.com\/egypt\/2026\/03\/10\/car-market-flips-from-deep-discounts-to-empty-showrooms-and-overpricing-in-wake-of-iran-war\/","url_meta":{"origin":631683,"position":3},"title":"Car market flips from deep discounts to empty showrooms and overpricing in wake of Iran war","author":"enterpriseam admin","date":"10 March 2026","format":false,"excerpt":"For some models in short supply, EGP 100k markdowns have been replaced with an EGP 100k overprice","rel":"","context":"In &quot;Automotive&quot;","block_context":{"text":"Automotive","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/automotive\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2026\/3\/534.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":574789,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/22\/raya-auto-to-invest-egp-200-mn-in-ev-production\/","url_meta":{"origin":631683,"position":4},"title":"Raya Auto to invest EGP 200 mn in EV production","author":"enterpriseam admin","date":"22 September 2020","format":false,"excerpt":"INVESTMENT WATCH- Raya Auto plans to invest EGP 200 mn in local EV assembly over the next three years: Raya Holding\u2019s automotive arm, Raya Auto, is investing EGP 200 mn in the local production of electric vehicles in the next three years, CEO Mohamed El Naggar said in an emailed\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":645665,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/26\/mti-to-increase-investments-for-luxury-cars-centers\/","url_meta":{"origin":631683,"position":5},"title":"MTI to increase investments for luxury cars centers","author":"enterpriseam admin","date":"26 July 2017","format":false,"excerpt":"MM Group for Industry and International Trade (MTI) is set to invest up to EGP 240 mn \u2014 or some EGP 40 mn more than originally planned \u2014 to build a new Jaguar Land Rover service center in New Cairo as well as a Bentley center, Chairman Khaled Mahmoud tells\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/631683","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=631683"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/631683\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/631644"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=631683"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=631683"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=631683"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=631683"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=631683"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}