{"id":639122,"date":"2017-10-22T03:54:12","date_gmt":"2017-10-22T03:54:12","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/22\/industry-worse-off-without-automotive-directive-al-borsa-poll\/"},"modified":"2017-10-22T03:54:12","modified_gmt":"2017-10-22T03:54:12","slug":"industry-worse-off-without-automotive-directive-al-borsa-poll","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/22\/industry-worse-off-without-automotive-directive-al-borsa-poll\/","title":{"rendered":"Industry worse off without automotive directive -Al Borsa poll"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> It would appear that the majority of the auto industry believes the industry is worse off without the Automotive Directive, according to a poll of some 40 industry insiders <a href=\"https:\/\/alborsanews.com\/2017\/10\/19\/1058605\">conducted by Al Borsa<\/a> over the weekend. 60% of respondents believed delays in issuing the Automotive Directive, which grants incentives to assemblers to move up the value chain towards manufacturing, have been detrimental to the sector. As for the prospects of the sector as a whole, 90.4% of survey-takers feel that the industry is prime for a comeback in 2018. 52.4% believe that 4Q2017 will see a marginal improvement in sales. 52.4% of survey-takers also said that the Mercosur agreement with Latin America will have a negative impact on the market. 57.2% say that the market is attractive to new investments since the EGP float.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It would appear that the majority of the auto industry believes the industry is worse off without the Automotive Directive, according to a poll of some 40 industry insiders conducted by Al Borsa over the weekend. 60% of respondents believed delays in issuing the Automotive Directive, which grants incentives to assemblers to move up the [&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-639122","post","type-post","status-publish","format-standard","hentry","category-automotive-transportation","tag-automotive-transportation","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"496b8c78-5db1-4235-ba18-592705691a85","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[639073],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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The government has been trying to attract investors by any means possible, but has failed to pass the Automotive Directive for over four years. In the meantime, countries including India\u2026","rel":"","context":"In &quot;On Deadline&quot;","block_context":{"text":"On Deadline","link":"https:\/\/enterpriseam.com\/egypt\/category\/on-deadline\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":647924,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/23\/committee-studying-alternatives-to-automotive-directive-to-submit-report-next-week\/","url_meta":{"origin":639122,"position":1},"title":"Committee studying alternatives to automotive directive to submit report next week","author":"enterpriseam admin","date":"23 May 2017","format":false,"excerpt":"The joint CBE-auto industry committee studying alternatives to the automotive directive will submit a report to bank Governor Tarek Amer next week, Al Borsa said on Monday. Back in April, it was announced that the committee \u2014 which has the backing of detractors of the automotive directive \u2014 had completed\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":652493,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/11\/house-postpones-discussions-on-automotive-directive-pending-further-study\/","url_meta":{"origin":639122,"position":2},"title":"House postpones discussions on automotive directive pending further study","author":"enterpriseam admin","date":"11 January 2017","format":false,"excerpt":"House puts discussion of automotive directive on hold pending further study: The House of Representatives\u2019 Industry Committee has decided to postpone discussions on the automotive directive pending further study, Al Borsa reported. The hope is to come up with a bill that \u201cwould satisfy all industry stakeholders,\u201d an MP said,\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":642419,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/14\/automotive-directive-could-be-final-by-november-house-industry-committee-chair\/","url_meta":{"origin":639122,"position":3},"title":"Automotive directive could be final by November -House Industry Committee Chair","author":"enterpriseam admin","date":"14 August 2017","format":false,"excerpt":"Could the automotive directive come to pass by November? The automotive directive could be issued by November, House Industry Committee Chair Ahmed Samir tells Al Borsa. The committee aims to pass the bill \u2014 which will offer incentives to encourage local assemblers to move further up the value chain into\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":651739,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/20\/house-to-conclude-automotive-directive-discussions-next-week\/","url_meta":{"origin":639122,"position":4},"title":"House to conclude Automotive Directive Discussions next week","author":"enterpriseam admin","date":"20 February 2017","format":false,"excerpt":"And that\u2019s not all, as it seems there is light at the end of the tunnel that is the House for the automotive directive. The House of Representatives\u2019 Industry Committee will set a date to vote on the Automotive Directive in the general assembly once the legislation is final. When\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":653001,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/24\/house-of-representatives-has-resumed-discussions-on-the-automotive-directive\/","url_meta":{"origin":639122,"position":5},"title":"House of Representatives has resumed discussions on the automotive directive","author":"enterpriseam admin","date":"24 January 2017","format":false,"excerpt":"The House of Representatives' Industry Committee has resumed discussions on the automotive directive after announcing earlier this month it decided to postpone its review of the directive \u201cpending further studies,\u201d according to Al Shorouk. The directive \u2014 which would give incentives to local assemblers to go further up the value\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/639122","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=639122"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/639122\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/639073"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=639122"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=639122"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=639122"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=639122"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=639122"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}