GAFI chairman meets with representatives of Sumitomo Corporation Group

Tue, 11 Apr 2023 - 04:12 GMT

Chairman of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba met Tuesday the representatives of Sumitomo Corporation Group.

ATM Misr, King Long launch bus factory in Egypt at LE1B

Tue, 28 Feb 2023 - 06:21 GMT

The factory spans over 164,000 feddans.

France's Stellantis plans to build electric car factory in Egypt

Wed, 18 May 2022 - 12:58 GMT

This is the company that owns the brands of Peugeot, Citroen and Chrysler among others.

Topics to be discussed at 6th edition of 'Egypt Can' conference unveiled

Sun, 15 May 2022 - 02:22 GMT

The conference will be held on May 30-31, and have as theme "By Industry."

General Motors submits plan to offer electric car in Egypt in 2022

Tue, 21 Dec 2021 - 10:37 GMT

Prime Minister Mostafa Madbouli checked Monday evening the model of the electric car.

UNCTAD showcases potential of African Continental Free Trade Agreement

Sun, 19 Dec 2021 - 07:25 GMT

Although the free trade part entails removing tariffs, that is not all.

Egyptian prime minister examines localizing automotive manufacturing with General Motors, Mansour Group

Wed, 01 Dec 2021 - 01:22 GMT

Prime Minister Mostafa Madbouli examined Tuesday ways of localizing automotive manufacturing in Egypt with the CEOs of General Motors and Mansour Group.

Egypt's Suez Canal economic zone to house 6 ports, 4 industrial complexes

Thu, 19 Aug 2021 - 01:45 GMT

Zakaria underlined that some of the industrial zones Egypt is establishing near seaports are aimed at localizing certain industries.

Automotive prices decline in beginning of 2020

Sun, 26 Jan 2020 - 03:20 GMT

Abul Majd indicated that the prices of some types decreased by 3 percent.

Egypt, Germany discuss joint production of automotive components

Wed, 13 Nov 2019 - 01:33 GMT

The industry minister stressed the ministry's keenness to provide all means of support for existing and new German investments in the Egyptian market.

Industry Min.cancels local component manufacturing ratio in cars

Mon, 17 Jun 2019 - 04:07 GMT

Under the new resolution, the local component manufacturing ratio in the automotive industry, set at 46 percent, will be abolished mid-year.

Return of Mercedes

Sun, 17 Feb 2019 - 03:51 GMT

Egypt is one step closer to becoming the regional industrial hub.

Egypt allows imports of used electric cars

Sat, 31 Mar 2018 - 11:20 GMT

Trade Minister Tarek Kabil issued a decision that allows the imports of used electric cars, on condition that they are no more than three years old.

Egyptian delegation visits Germany for automotive sector

Mon, 13 Nov 2017 - 09:58 GMT

A number of 10 companies are taking part in the mission, the Engineering Export Council said.

Nissan's October passenger car sales in Japan likely halved amid scandal

Tue, 31 Oct 2017 - 09:13 GMT

Nissan Motor Co (7201.T) said Japan sales of new passenger vehicles probably fell by half in October from a year ago.

Egypt aspires to lure $5B investments in car industry

Thu, 07 Sep 2017 - 01:06 GMT

The current value of investments in the car sector is $3 billion, represented in 100 companies that employ 86,000 workers.

Dozens of agreements signed between Egypt, China

Thu, 07 Sep 2017 - 11:46 GMT

Agreements are in the fields of automotive, agriculture, economic zones and technology.

More agreements to be signed between Egypt, China

Wed, 06 Sep 2017 - 01:08 GMT

The Egyptian Holding Company for Maritime & Land Transport will sign three MoUs with Chinese automotive companies to cooperate in car manufacturing.

How a passion for vintage cars evolved into a business

Tue, 13 Jun 2017 - 09:34 GMT

An Egyptian entrepreneur’s passion for classical cars led to astounding results that can compete with the world’s best automotive museums.