GB Auto Results Reflect Strength Of Domestic Demand

Egypt's largest automotive firm Ghabbour Auto (GB Auto) has posted strong results for H110 and looks set to consolidate its share of a passenger car market forecast by BMI to grow by 12% in 2010. The company's revenues were up 78.9% year-on-year (y-o-y), to EGP3.1bn, as it also took advantage of growth in Iraq, where it has been present for just six

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