Automotives
President Abdel Fatah al-Sisi was briefed Thursday on the executive status of investments in the Suez Canal Investment Zone (SCzone).
Egypt announces groundbreaking fund and council to drive innovation in the environment-friendly automotive sector.
The Central Agency for Public Mobilization and Statistics (CAPMAS) released Tuesday the 2021 figures on motor vehicles in Egypt.
Prime Minister Mostafa Madbouli attended Tuesday the signing of a quadrilateral memorandum of understanding (MoU) to build an automotive factory in the Suez Canal Economic Zone (SCzone) located Eastern Port Said.
Prime Minister Mostafa Madbouli attended Wednesday the signing of the MoU between the General Authority for Free Zones and Investment (GAFI) and Sumitomo Egypt.
President Abdel Fatah al-Sisi received Monday French Minister of Economy and Finance Bruno Le Maire at Al Itiyadiyah Presidential Palace.
"The group plans to spend nearly 60 billion euros ($66 billion) on the future areas of hybridization, electric mobility and digitalization in the next five years," said the group in a statement.
Gross profit fell 16.6 percent year-on-year to LE 473.3 million in Q2 of 2017, yielding a gross profit margin of 11.3 percent.
