Auto Industry
Explainer: Egyptian auto trade to flourish after expat cars exempt from tax
Egypt
October 15, 2022
Explainer: Egyptian auto trade to flourish after expat cars exempt from tax
The Egyptian government on Thursday approved a draft law granting Egyptians working abroad the right to import a private car…
Egypt to establish car manufacturing complex in East Port Said
Egypt
June 15, 2022
Egypt to establish car manufacturing complex in East Port Said
Egyptian Prime Minister Mostafa Madbouly on Tuesday witnessed the signing ceremony of a memorandum of understanding on the localization of…
Rise in car prices in Egypt due to market monopoly: expert
Egypt
March 25, 2022
Rise in car prices in Egypt due to market monopoly: expert
The rise in car prices in Egypt is happening in a strange and incomprehensible manner due to the monopoly in…
Egypt signs agreement for Polish industrial zone in Ain Sukhna
Business
June 8, 2021
Egypt signs agreement for Polish industrial zone in Ain Sukhna
Egyptian Minister of Trade and Industry Nevine Gamea on Tuesday oversaw the signing of a framework agreement between the Suez…
Egypt is Germany’s third-largest trade partner in the Middle East with trade exchange worth $3.6 bn
Business
November 18, 2019
Egypt is Germany’s third-largest trade partner in the Middle East with trade exchange worth $3.6 bn
Trade between Egypt and Germany increased by $43 million during the first nine months of 2019 to US$3.622 billion, compared…
Trump meets with German auto executives
Business
December 5, 2018
Trump meets with German auto executives
Donald Trump met Tuesday with executives of Germany’s three top auto manufacturers, amid efforts by Washington and Brussels to…
Nano cars are not on sale in Egypt: Consumer Protection Agency
Egypt
August 4, 2016
Nano cars are not on sale in Egypt: Consumer Protection Agency
The president of the Consumer Protection Agency has dismissed rumors on social media that a company operating in Egypt is…
German state of Bavaria to sue VW over emissions scandal
Business
August 2, 2016
German state of Bavaria to sue VW over emissions scandal
The German state of Bavaria said on Tuesday it would sue Volkswagen for damages caused by its emissions-test cheating scandal,…
Daimler hires Deloitte for internal emissions probe
Business
May 1, 2016
Daimler hires Deloitte for internal emissions probe
Daimler (DAIGn.DE) has hired auditor Deloitte Touche Tohmatsu to help with an internal investigation into its diesel-engine emissions technology requested…
Mitsubishi Motors has cash to weather mileage scandal, but brand battered, again
Business
April 29, 2016
Mitsubishi Motors has cash to weather mileage scandal, but brand battered, again
Mitsubishi Motors' (MMC) (7211.T) market value and Japanese orders have halved since it admitted last week to rigging fuel economy…