PM follows up project to replace old cars with natural-gas vehicles

Mon, 18 Jan 2021 - 05:55 GMT

The premier made the remarks at a meeting with Ministers Mohamed Maait of Finance, Niveen Gamea of Trade, Tarek el Molla of Petroleum, and Hesham Tawfik of the Public Business Sector.

Producing Nasr car beginning of project of localizing producing electric cars: Min

Mon, 18 Jan 2021 - 05:49 GMT

Tawfik was speaking on Monday during signing two agreements between El Nasr Automotive Manufacturing Company, China Dongfeng Motor Industry Import & Export Co. (DFMIEC), and Dongfeng Design & Research Institute Co.

Egypt aims to convert 400,000 cars to operate on natural gas within 3 years

Mon, 14 Dec 2020 - 06:13 GMT

This expansion will be accompanied by an increase in the number of supply stations by about 350 new stations during the coming period, bringing the total number of stations to 550 stations to cover various areas for easy access.

Egypt signs 8 gas exploration contracts worth $934M over 15 months

Sun, 20 Sep 2020 - 07:33 GMT

Sixth others – worth $731 million - are underway.

Automotive market sales rise 14.4% during July

Sun, 30 Aug 2020 - 11:28 GMT

AMIC attributed the rise in car sales to the increase in bus sales by 58.9 percent to reach 2,421 vehicles, compared to 1,524 vehicles in July 2019.

Egypt witnesses convert of 42K cars to work in dual fuels in 2019/20

Sun, 19 Jul 2020 - 03:21 GMT

Molla said in a statement that the total number of cars that have been converted since the start of activity has reached about 320,000 cars.

Egypt’s Sisi calls for new initiative to replace old cars with gas-powered vehicles

Sun, 12 Jul 2020 - 12:15 GMT

"We have the right, as a country, to license gas-powered cars only and to stop licensing new cars that run on gasoline," He added.

Egypt establishes new company with 2 affiliated factories for producing tires

Wed, 13 May 2020 - 03:50 GMT

Terras said, in a statement on Wednesday, that it was agreed to establish a new company subject to the law of the Arab Organization for Industrialization in partnership between the authority and the Holding Company for Chemical Industries to produce all t

Into Egypt's automotive market

Thu, 12 Mar 2020 - 08:00 GMT

A closer look to what happens at the Egyptian car market.

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.

Cairo launches operation trial of 1st electric bus

Tue, 17 Dec 2019 - 10:31 GMT

Cairo launched Tuesday a trial operation of its first electric bus, as a prelude to deploy more buses into service at the public transport sector, along with natural-gas powered buses in the governorate.

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.

Billions of euros, millions of jobs: Europe's carmakers warn on no-deal Brexit

Mon, 23 Sep 2019 - 12:55 GMT

A month before Britain is due to quit the European Union, the bloc’s car-makers have joined forces to warn of billions of euros in losses in the event of a no-deal Brexit.

Egypt gets rid of Tuk-Tuks via Minivan initiative

Fri, 06 Sep 2019 - 01:25 GMT

The government will buy the tuk-tuks from their owners and give them minivans in return.

Automotive market sales dip 6.7% during 1st half of 2019

Wed, 31 Jul 2019 - 12:58 GMT

AMIC said that sales of locally assembled cars dropped 11.6 percent during the first half of 2019, recording 35,905 cars, compared to 40,624 cars during the same period of 2018.

'Let it Rust' reduces cars prices by 30%: campaign spokesperson

Sun, 28 Jul 2019 - 02:21 GMT

Cars purchase boycott campaign “let it rust” reduced car prices by up to 30 percent, ranging from LE 50,000 to LE 150,000, depending on the car type, the spokesperson of the campaign said.

Automotive market sales fall 8.5% in 5 months

Mon, 01 Jul 2019 - 03:04 GMT

AMIC said that passenger car sales dropped 10 percent to 41,154 cars, compared to 45,837 cars in the same month of 2017.

BMW's hybrid cars to switch to electric only mode in polluted cities

Tue, 25 Jun 2019 - 10:11 GMT

BMW’s efforts to optimize the environmental impact of hybrid cars comes as the auto industry struggles to sell purely electric vehicles.

Taxes, fees on cars adds LE 4.6B to Egypt’s revenues in 9 months

Thu, 30 May 2019 - 02:37 GMT

Egypt is expected to collect LE 5.65 billion as revenues from taxes and fees on cars during current fiscal year which stated in July 2018 and ends in June 2019.

Seat latest showroom in town , By Arabiat

Sat, 27 Apr 2019 - 09:58 GMT

Arabiat for Trading and Distribution " Seat Authorized Dealer " opened Seat's Latest Showroom in Egypt.