The Motorcycle Division at the Cairo Chamber of Commerce plans to submit a memorandum to the presidency and the cabinet, objecting to the Ministry of Industry and Trade's decision to ban the import of two-stroke engines, says division head Gamal (...)
The appreciation of the US dollar exchange rate against the Egyptian pound over the past few months has led to a lack of spare car parts, exceeding 70% of the market size due to the decline in the amount imported and the restrictions on spare parts (...)
Car battery prices have increased by 20-30% over the last three months according to the brand and the country of origin, as costs have been affected by the increase in the US dollar exchange rate, according to Salem Gondia, owner of Rahma for (...)
The prices of automobile oil have increased by 4% in the past few days, and the price of passenger car filters have increased by 10%, both resulting from the increase in the US dollar exchange rate—which affects importing the requirements for (...)
Prices of motorcycles and bicycles rose by 20%, due to the increase of the US dollar exchange rate against the Egyptian pound over the past three months, which has negatively affected sales during the summer.
Gamal Abdel Nasser, head of the (...)
The automotive sector is feeling the impact of the lack of foreign currency and the dollar's price increase in the informal market, along with restrictions on imports.
This has led many experts to anticipate an increase in the prices of car parts by (...)
Nutsland company for agriculture and land reclamation plans to pump an initial investment of EGP 40m during the next three years.
After implementing its new expansion plan, the company aims to increase annual sales to EGP 250m, compared to EGP 75m (...)
Egyptian Ministry of Communications and Information Technology will renew in the coming days a protocol on cooperation to develop the technological structure of the country's tourism sector.
According to Minister Atef Helmy, the protocol was (...)
Eng. Ibrahim Mehleb, Egyptian Prime Minister has witnessed signing 4 new agreements including Information Technology Industry Development Agency (ITIDA) and four major firms including IBM, Microsoft, Henkel and Valeo, these firms will contribute in (...)
Eng. Atef Helmy Egyptian Telecom Minister has offered during the meeting of the Cabinet's economic commission the main features for developing the telecommunication services and to apply the regulatory framework for integrated operator license.
The (...)