Auto Industry

PM: Gov't pays great attention to developing auto industry

Mon, 27 Jun 2022 - 06:44 GMT

A number of ministers and senior state officials attended the meeting.

PM: Sisi totally supports strategy of localizing auto industry

Thu, 23 Sep 2021 - 12:29 GMT

He asserted that the government has done a lot to back the car industry, referring to the presidential initiative to convert vehicles to run by natural gas.

Egypt signs 2 protocols to localize, develop auto industry

Thu, 04 Feb 2021 - 05:01 GMT

Both companies are subsidiaries of the Egyptian Company for Metal Constructions (Metalco), which is one of the Public Business Sector ministry’s companies.

Egypt aims to increase percentage of local component to 60% in auto industry

Sun, 20 Dec 2020 - 04:21 GMT

Egypt has a clear strategy to localize the auto industry in Egypt, and the current stage is witnessing an increase in the percentage of the local component in the auto industry to 45 percent.

Nissan willing to cooperate with Egyptian government to develop local auto industry

Thu, 14 Mar 2019 - 10:08 GMT

Nissan asserted its desire to consolidate its presence in the Egyptian market.

U.S. launches auto import probe, China says will defend interests

Thu, 24 May 2018 - 08:55 GMT

“We will closely monitor the situation under the U.S. probe and fully evaluate the possible impact and resolutely defend our own legitimate interests.”

Current investment of auto industry reaches $3B: Min. Kabil

Tue, 15 May 2018 - 01:00 GMT

Kabil added that there are about 86,000 workers in the auto industry and feeder industries.