automotive industry

Egypt’s Aging Vehicle Replacement Initiative delivers 27,172 environmentally friendly cars
Egypt

Egypt’s Aging Vehicle Replacement Initiative delivers 27,172 environmentally friendly cars

The  Aging Vehicle Replacement Initiative has so far delivered 27,172 environmentally friendly cars to owners, despite the challenges related to…
PM witnesses inking MoU on developing automotive industry in Egypt
Egypt

PM witnesses inking MoU on developing automotive industry in Egypt

Prime Minister Moustafa Madbouly witnessed inking a memorandum of understanding between the automotive industry unit at the Ministry of Trade…
Photos: Egypt constructs first automotive city in Middle East
Egypt

Photos: Egypt constructs first automotive city in Middle East

Egypt has finished constructing the largest automotive city in the Middle East, on the “Ain Sokhna – Kattameya” highway, near…
Car prices expected to rise up to 20% by end of 2022
Egypt

Car prices expected to rise up to 20% by end of 2022

Emerging economies including Egypt were affected by the Federal Reserve’s decision to raise interest rates last week by 0.5 percent,…
Egypt strikes deal with Chinese company to produce electric cars
Economy

Egypt strikes deal with Chinese company to produce electric cars

Egypt’s Minister of the Public Business Sector Hisham Tawfiq on Thursday witnessed the signing via video conference of a memorandum…
Automotive companies turn to social media for marketing
Business

Automotive companies turn to social media for marketing

Dealers in the automotive sector believe that social media has become a marketing platform for cars in a way that…
Industry Minister discusses economic deals with Hungarian ambassador to Cairo
Business

Industry Minister discusses economic deals with Hungarian ambassador to Cairo

Minister of Trade and Industry Amr Nassar met with the Ambassador of Hungary in Cairo Peter Kivik, during which they…
Kia Sorento inaugurates first Egypt assembly line
Business

Kia Sorento inaugurates first Egypt assembly line

  On Sunday, Egypt’s Minister of Trade and Industry Amr Nassar spoke at the inauguration ceremony of Kia Sorento’s first…
Young Egyptian successfully designs sports car emulating Ferrari, Lamborghini
Egypt

Young Egyptian successfully designs sports car emulating Ferrari, Lamborghini

With a dream that surfaced five years ago of constructing a sports car designed 100% in Egypt, and after passing…
US automaker shifts from ‘bigger is better’ to ‘less global, more profitable’
Business

US automaker shifts from ‘bigger is better’ to ‘less global, more profitable’

The US automaker General Motors Co’s decision to sell its European operations signals that the company can win by being…
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