Egypt's auto industry is hoping for a breakthrough after experiencing recession since late 2018, even after applying the last phase of the EU-Egypt Free Trade Agreement (FTA) that removed tariffs completely on cars of European origin from the (...)
It seems that car market in Egypt, whether new or second-hand, is sufficiently broken, so new decisions or fees barely have an impact. The people have already boycotted the market so the decision of the Transport Minister imposing notary fees on (...)