{"id":645665,"date":"2017-07-26T04:14:01","date_gmt":"2017-07-26T04:14:01","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/26\/mti-to-increase-investments-for-luxury-cars-centers\/"},"modified":"2017-07-26T04:14:01","modified_gmt":"2017-07-26T04:14:01","slug":"mti-to-increase-investments-for-luxury-cars-centers","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/26\/mti-to-increase-investments-for-luxury-cars-centers\/","title":{"rendered":"MTI to increase investments for luxury cars centers"},"content":{"rendered":"<p>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 <a href=\"http:\/\/www.almalnews.com\/Story\/341075\/18\/200-%D9%85%D9%84%D9%8A%D9%88%D9%86-%D8%AC%D9%86%D9%8A%D9%87-%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1%D8%A7%D8%AA-MTI-%D8%A8%D9%82%D8%B7%D8%A7%D8%B9-%D8%A7%D9%84%D8%B3%D9%8A%D8%A7%D8%B1%D8%A7%D8%AA\">Al Mal<\/a>. The Bentley center planned will include a showroom, a maintenance center, and a spare parts shop. The company has postponed opening a similar 3S center for Ferrari as demand for the product has slowed down. He notes that sales of MTI brands were down 25% y-o-y between January and July, but expects a recovery in 2018.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 Al Mal. The Bentley center [&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-645665","post","type-post","status-publish","format-standard","hentry","category-automotive-transportation","tag-automotive-transportation","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"ed956fd8-21f5-4c8a-8744-9d6c8181a067","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[645632],"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>MTI to increase investments for luxury cars centers - 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\/2017\/07\/26\/mti-to-increase-investments-for-luxury-cars-centers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MTI to increase investments for luxury cars centers\" \/>\n<meta property=\"og:description\" content=\"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 Al Mal. 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