Categories
Latest News
Ankush Arora Named Among Forbes' Top 100 CEOs in the Middle East for 2026
Forbes Middle East has named Ankush Arora, CEO of Mansour Automotive Group, to its annual list of the Top 100 CEOs in the Middle East for 2026. The recognition comes…
Jetour Offers EGP 10,000 Fuel Cards and Al Ahly Match Tickets in August Campaign
Qasrawy Group, the exclusive distributor of Jetour in Egypt, has launched a new promotional campaign for customers during August 2026. The campaign brings several incentives and benefits, timed to coincide…
Egypt-China Partnership Moves EV Manufacturing Closer to Home
A new chapter in Egypt's automotive industry is taking shape. Cairo and Beijing have agreed to expand their partnership, focusing on localizing the production of electric vehicles, batteries, and automotive…
GB Auto Sets Official Launch Date for iCAUR Brand in Egypt
The wait is finally over. GB Auto, the exclusive distributor of iCAUR in Egypt, is gearing up to officially introduce the brand during a special event scheduled for the second…
Egypt and Brazil Discuss Industrial Partnership in Automotive and Biofuel Sectors
The Egyptian government is moving toward expanding industrial cooperation with Brazil in the automotive and feeding industries sector. The plan targets attracting new investments in car components manufacturing and biofuels,…
Qasrawi Group Launches Promo Campaign for Jetour Clients Marking 3 Years
Jetour, the exclusive distributor in the Egyptian market, has kicked off a new promotional campaign for its clients during August. The move coincides with the third anniversary of its operations…
Egypt's Industry Minister: Retrofitting Existing Car Plants and Attracting Global Foundry Investment
Regular meetings are now the norm. Egypt's Ministry of Industry announced today that it will hold continuous sessions with the Presidential Advisory Council for Egyptian Scientists and Experts, alongside car…
EGP 5 Billion Investment: New Strategic Partnership in Egypt's Auto Industry with Chery
EGP 5 billion. That's the scale of investment behind the newly announced partnership agreement signed between El-Araby El-Sewedy Investments Group and Omoda and Jaecoo, two brands operating under the umbrella…
Ez El Arab El Sewedy Signs 5 Billion EGP Partnership with Omoda and Jaecoo
Five billion Egyptian pounds. That is the scale of investment that Ez El Arab El Sewedy is injecting into Egypt's automotive sector through a strategic partnership with Omoda and Jaecoo,…
Mitsubishi Introduces Full Online Car Buying in Egypt
The digital shift just hit Egypt's car market hard. Diamond Motors, the exclusive distributor of Mitsubishi in the country, has signed a strategic partnership with 'Al-Tawkeel Dot Com' platform to…
EGP 5 Billion Investment: El-Araby El-Sewedy Signs New Deal for Jaecoo and Omoda in Egypt
The El-Araby El-Sewedy Investments alliance has officially signed an agreement to become the authorized distributor for Jaecoo and Omoda in Egypt. The total investment reaches five billion Egyptian pounds, equivalent…
Rolls-Royce Brings First-Ever Summer Experience to Egypt's North Coast
Only days separate luxury enthusiasts from an extraordinary event. Rolls-Royce is hosting its first activation in Egypt at Palace Beach resort on the North Coast. The "Rouh Marasi" experience runs…
Mitsubishi Egypt Launches Online Car Buying Experience with Tokel Platform
Diamond Motors – Mitsubishi Motors Egypt, the exclusive distributor of Mitsubishi in the local market, has announced a strategic partnership with the 'Tokel' platform to enable fully online car exploration…
4 Official Bids Compete for Leapmotor Agency in Egypt
The competition is heating up. Informed sources revealed that the representative office of the Stellantis group in Egypt received official offers from more than 4 car companies over the past…
85 Years of Resilience: Jeep Celebrates the Legacy That Defined the SUV Segment
Eighty-five years have passed since one of the most influential names in automotive history first hit the road. Jeep is celebrating more than eight decades since its founding, a journey…
Toyota Faces 15 Months of Profit Decline Amid China and Middle East Pressures
The numbers are clear. Toyota reported another drop in operating profit for the first quarter of its current fiscal year, marking the fifth consecutive quarterly decline and reflecting persistent challenges…
Nissan Africa chief reveals plans to produce two new models in Egypt soon
Nissan is preparing to enter a new phase of local production expansion in Egypt. The company's factory in 6th of October City is now ready to accommodate two additional models,…
Jeep Celebrates 85 Years of Dominating the SUV Segment
Eighty-five years of relentless adventure. Jeep is celebrating more than eight decades since its founding, cementing its position as one of the most influential brands in the sport utility vehicle…
Hyundai Global Sales Drop 5.1% in July Amid Strikes and Weak Demand
Hyundai Motor reported a decline in global sales for July, hit by production disruptions from partial strikes and sluggish demand. The numbers paint a clear picture of a tougher month…
Kia Posts Global Growth: Sportage Leads Sales Toward 300K Units in July
Kia today announced a global sales increase of over 10% for July. Strong demand for its SUV lineup drove the surge. The numbers speak for themselves.Record Global Sales FiguresWorldwide sales…
Nissan Returns to Profitability in Q1 After Two Years of Losses
Nissan Corp. announced Monday a return to profitability in the first quarter of the fiscal year, driven by cost-cutting measures and improved sales in several markets. The Japanese automaker posted…
Nissan Africa Chief: Egypt-Made Workhorse Vehicles Under Study
Mohamed Abdel Samad, Chairman and Managing Director of Nissan Egypt and Africa, has sparked fresh interest in the local auto sector with new statements about manufacturing plans. The talk revolves…
Mansour Automotive Expands IM Motors Presence in Egypt with Second Showroom in Fifth Settlement
A new chapter in the brand's local journey. Mansour Automotive Group, the exclusive distributor of IM Motors, has officially opened the brand's second showroom in the Egyptian market, located inside…
IM Motors Opens New Showroom in New Cairo's Fifth Settlement to Expand Egypt Presence
A bold move forward. Mansour Automotive Group, the exclusive distributor of IM Motors in Egypt, has officially inaugurated the IM Motors Boutique Showroom in the heart of the Fifth Settlement…
Nissan's October Plant Ready for New Models After Sunny and Magnite Success
Nissan Egypt is entering a new manufacturing phase. The company confirmed that its plant in 6th of October City is ready to produce two additional models following the local success…
Nissan Egypt Studies Local Production of First Commercial Vehicle at 6th October Plant
Nissan Egypt is exploring the possibility of manufacturing commercial vehicles at its 6th October City facility. The project remains under evaluation, with no official timeline set for implementation.Project Details and…
Nissan Egypt Reveals Pricing Formula for Magnite and Impact of Emission Standards
Nissan Egypt has lifted the veil on its vehicle pricing strategy, confirming that manufacturing costs form the backbone of any pricing decision. Technical and environmental specifications play a decisive role…
Nissan Chief: Magnite Outperforms 1500cc Cars and Customers Don't Notice It's a 3-Cylinder
Performance that flips the script. Engineer Mohamed Abdel Samad, Chairman and Managing Director of Nissan Egypt and Africa, confirmed that the Nissan Magnite has proven the efficiency of its 3-cylinder…
Nissan Egypt CEO: The Idea of Three-Cylinder Engine Limitations Is a Thing of the Past
Outdated perceptions still shape how some buyers view three-cylinder engines. Engineer Mohamed Abdel Samad, Chairman and Managing Director of Nissan Egypt and Africa, insists this mindset no longer reflects the…
Nissan Egypt Chief Reveals Reasons Behind Local Magnite Production
The decision was no accident. Engineer Mohamed Abdel Samad, Chairman and Managing Director of Nissan Egypt and Africa, has revealed the real reasons behind choosing the Magnite for local production,…
Nissan Egypt CEO: Fear of 3-Cylinder Engines Is Over and 6 Brands Prove Success
The fear is over. That's the bold declaration from Eng. Mohamed Abdel Samad, Chairman and Managing Director of Nissan Egypt and Africa, who stressed that consumer hesitation toward three-cylinder engines…
Madagascar President Praises Arab Organization for Industrialization Technology During Egypt Visit
The visit carries deep industrial messages. Major General Engineer Mokhtar Abdel Latif, Chairman of the Arab Organization for Industrialization, received Malagasy President Mickaël Randriarinera and his accompanying delegation, with Agriculture…
Labor Minister Inspects Prometeon Tire Factory in Alexandria, Affirms Support for Localizing Tire Industry
Egypt's tire industry took center stage during an official visit to Alexandria. Prometeon Tire Egypt, a specialist in manufacturing tires for commercial, agricultural vehicles and heavy equipment, received Labor Minister…
Ferrari Raises 2026 Forecast After Strong Q2 Earnings Beat
Ferrari surprised the market again. The iconic Italian sportscar maker raised its full-year 2026 financial guidance after beating Wall Street expectations in the second quarter. Revenue targets now stand at…
Egypt and India Explore Automotive Manufacturing Cooperation
A new chapter in bilateral industrial relations. Egypt's Ministry of Industry held high-level talks with the Indian ambassador, focusing on several strategic sectors — automotive being a key priority. Minister…
AVATR Opens Its First Authorized Dealership Showroom in Egypt With Alkasrawy and Sparked EV
The move is official. Alkasrawy Group, the Egyptian distributor for AVATR, has opened the brand's first showroom operated by an authorized dealer in Egypt through a partnership with Sparked EV,…
Report: Volkswagen Eyes Major Model Range Simplification in Historic Restructuring Plan
The pressure is mounting. Volkswagen is facing one of the most challenging periods in its history, according to a media report that says the German automaker is preparing a sweeping…
Egypt to Offer Incentives for Solar-Powered Roadside Billboards
The plan targets a massive shift. Egypt is studying incentives for companies using renewable energy to power roadside billboards, aiming to cut electricity consumption and carbon emissions. The goal is…
Kasrawy Group Opens AVATR Showroom in New Cairo with Sparkd-EV
A bold move in Egypt's luxury EV market. Kasrawy Group, the exclusive distributor of AVATR in Egypt, has opened a dedicated showroom for the brand in partnership with Sparkd-EV, the…
DP World Plans Major Logistics Expansion in Egypt
New investment plans are taking shape. Global ports operator DP World is moving to significantly expand its footprint in the Egyptian market, targeting a major boost to the country's logistics…
Egypt Opens Door for Indian Auto Manufacturers: Minister Pledges Full Support
Egypt is rolling out the red carpet. Minister of Industry Khaled Hashem confirmed the government's full support for expanding Indian investments in the automotive sector and feeder industries. The statement…
Egypt’s Industry Minister: Skilled Workforce Training Drives Future of Local Manufacturing
The trained workforce is the heartbeat of industry. Egypt’s Minister of Industry, Engineer Khaled Hashem, made that crystal clear during the graduation ceremony of the fifth batch of students from…
BYD Expands Its Egypt Presence with a New Technology Center in Alexandria
The expansion continues. BYD, through its Egyptian distributor Mann Dream, has opened a new technology center in Alexandria at the New Downtown complex, marking another step in the company's expansion…
Volkswagen Scales Back Battery Investment Plans in Europe
A surprising move. Volkswagen has announced a comprehensive review of its battery production investments across Europe, signaling a broader shift in the German automaker's industrial strategy. The company is no…
El-Semat: Localizing Electrical Industries Supports Egypt's Automotive Future
The message is clear. Dr. Mahmoud El-Semat, Minister of Electricity and Renewable Energy, confirmed that the state is pursuing a strategic plan aimed at localizing industry and transferring modern technology,…
Siemens New Factory Boosts Egypt's EV Manufacturing Localization
Siemens opened its first integrated factory in Egypt, dedicated to producing electrical distribution panels and components along with automation and control solutions. The project is expected to transform engineering and…
Mercedes-Benz Posts Over 1 Billion Euros in Quarterly Profit Despite Global Sales Decline
The numbers tell a clear story. Mercedes-Benz Group reported a sharp rise in second-quarter net profit, defying the trend of falling global sales and proving that cost-cutting measures and operational…
Mercedes Holds Profit Margin Target Despite China Sales Slump and Tariff Pressure
Mercedes-Benz shares jumped 5.6% on Tuesday. The German luxury automaker posted quarterly results showing operating profit growth, even as sales continued to slide in China and tariff pressures mounted. The…
Nissan Africa President: Magnite Strategy Focuses on Ownership Experience and Strong Resale Value
The message is clear. Mohamed Abdel Samad, Managing Director of Nissan Africa, said the company's vision for introducing the Nissan Magnite to the Egyptian market goes far beyond launching a…
Nissan Unveils Comprehensive Warranty Package for Magnite in Egypt
The warranty covers almost everything. Nissan has announced a comprehensive after-sales package for its new 'Magnite' model in the Egyptian market, including a five-year or 150,000-kilometer warranty. The car isn't…