Automotive Sector

Egyptian Cabinet approves vision to regulate automotive market by 2025

Wed, 04 Dec 2024 - 02:00 GMT

This initiative aims to attract local market investments and ensure a balanced, competitive industry

Nissan Egypt to invest $45M to expand local production, increase exports

Wed, 04 Dec 2024 - 11:33 GMT

Mohamed Abdel Samad, Managing Director of Nissan Egypt, highlighted that the new model will feature a local component ratio exceeding 54%, supporting the company’s goal to enhance domestic production.

Automotive sales jump by 42.2% MoM in July

Wed, 28 Aug 2024 - 01:24 GMT

This marks the fourth consecutive month of increased sales, following a significant 43 percent decline in March

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