Egyptian Automotive Dealers Association warns dealers against halting sales, layoffs: chairperson
Flotation of Egyptian pound supports economy, but unfavourable for the auto sector,…
Pound flotation decision will encourage Indonesian companies to invest in tyre industry: Mohamed Baraka
Mohamed Baraka, the chairperson of Baraka Contracting and Trade, a subsidiary of…
Bavarian Auto contracts with Orient to secure supplemental insurance for customers
Orient Takaful Insurance Company, affiliated with Al-Futtaim Group, contracted with Al Sheraa…
US dollar exchange rate at customs confuses car imports
20-30% anticipated price increase; I demand that customs fix the dollar price…
Egyptian Automotive Dealers Association halts imports for November
The Egyptian Automotive Dealers Association held a meeting for leading car importers…
Automotive sector at risk of drowning following pound’s flotation: EAMA
The future of Egypt’s automotive industry is now at the mercy of…
Shafik Gabr: star of the Czech embassy national day party
Businessman Shafik Gabr, the owner of Škoda’s agent in Egypt, was named…
Pound’s flotation without imports will significantly increase car prices: El-Goukh
Ahmed El-Goukh, the showrooms manager at El-Ezz Motors, said that the decision…
Strong yen eats into Toyota profits
Toyota's bottom-line profit has taken a dive in the first half of…
Will pound’s flotation smooth the path for cars or take them in opposite direction?
In the wake of the Central Bank of Egypt’s (CBE) decision to…