Imad Hamdi

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Decline in automotive spare parts sales 

Sales of spare parts for cars fell by about 50% over the past two months, after the government’s decision to liberalise the exchange rate in November. Desouky El-Sayed, head of the Spare Parts Division at the Cairo Chamber of Commerce, said that the flotation of the Egyptian pound negatively affected importers and dealers of spare …

Imad Hamdi

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