Egypt
Industry
Egyptian carmaker GB Auto claims its profits will double to almost US$100mn in 2010 as it focuses on exports to the Middle East and Africa (MEA) and starts selling vehicles in
2010-03-10Industry
As elsewhere in the region the Egyptian auto market has been hit hard by the global economic recession. But the latest figures suggest that the beginning of a recovery may be under...
2010-02-04Industry
The largest car tyre plant in the Middle East and North Africa region will be built in Egypt, according to the state-owned Transport and Engineering Company (TRENCO). Costing EGP600mn...
2009-12-22Industry
News: The Egyptian government has invited Indian automobile manufacturer Tata Motors to establish a manufacturing facility in the African country to produce a left-hand drive version...
2009-12-18Companies
Passenger car sales in Egypt grew 25% year-on-year (y-o-y) in October, according to data released by the Automotive Marketing Information Council (AMIC). The increase is seen as a...
2009-12-03Companies
The attraction of the African automotive industry for Chinese companies has been further underlined by investment in two joint ventures (JVs) by Brilliance Auto. Along with the China-Africa...
2009-11-16Industry
While this quarterly report features the final tweak to our 2009 oil price assumption, it is the much more substantial revision to the 2010 forecast that is worthy of comment. Risks...
2009-10-20Companies
Egypt's largest carmaker, GB Auto, is looking to boost its sales by offering financing on vehicles from India's Bajaj Auto. GB Auto said that a new subsidiary will be set up, which...
2009-10-19


