Latest in Tag: Car Highlight
Latest in Tag: Car
Tax-free car import initiative for expats comes into force: Finance Minister
Some amendments have been made to the initiative. Maait said that the initially required deposit has been cancelled, and it would be enough to submit a six-month bank statement preceding the date of transfer. Other documents, such as residency documents, are no longer needed.
High demand for ‘tax-free car import for expats’ initiative: Finance Minister
10,000 registered on digital platform of initiative within 48 hours: Maait
Egypt to see car prices variation in March as overpricing returns
Car sales in Egypt increases by 26.5% during 2020 to record 231,200 units
Egypt car sales jump 49% y-o-y in January 2021
Passenger car sales increased 71% y-o-y to 14,900 units in January
Central African Republic opposition calls for cancellation, rerun of elections
Central African Republic opposition cited low voter turnout in provinces under threat from armed rebels and electoral irregularities linked to insecurity
Presidential, legislative elections kick off in Central African Republic amid tensions
Francois Bozize, ex-president ousted by a coup in 2013 saw his presidential candidacy invalidated by the Central African Republic Constitutional Court
Central African Republic elections to test its peacebuilding achievements
Central African Republic government accused Francois Bozize, the former head of state whose presidential candidacy was invalidated, of an “attempted coup”
AU warns against disruption to Central African Republic elections
Central African Republic has been struck by violence since 2013 when Muslim Seleka rebels ousted then-president, prompting reprisals from Christian militias
UN agencies condemn Central African Republic violence before elections
UN Human Rights Office said that they were deeply alarmed by reports of escalating violence in Central African Republic just days ahead of the elections
Car sales to slightly decline should authorities limit operating hours of dealerships: Pundits
Auto sector has been economically affected since beginning of COVID-19 pandemic, says Alaa El-Sabaa
Mercedes-Benz named again among world’s most valuable car brands
Mercedes-Benz ranked eighth in the ranking with an estimated value of $49.268bn. It was the only European brand to come in the top 10 brands.
Car factories in Europe remain open, import quotas fixed: Naggar
Domestic market concern has come on the back of repercussions of novel coronavirus (COVID-19)
Sumitomo invests EGP 1bn to produce car braids in Egypt
New Japanese project will be opened in December, and will provide 1,000 job opportunities
2021 car models catch consumer’s eye, low supply reignites price increase
Parallel car market actually created by agents, through which more cars are imported, says Kayan Chairperson
Egypt’s car sector to see reverse trend down the road: Fitch
Construction growth eases slowdown in automotive sector, bus sales affected by tourism hiatus
Car licensing suspension to paralyse automotive sector: pundits
Auto dealers ask CBE to exempt them from decision to disburse car loans
Localisation is main element in Egypt’s new auto strategy: car companies
Egypt has capacity to produce all parts of vehicles except engine and gearbox: EAMA
Stock protects car dealers, agents from Corona virus effect
Saad ruled out the presence of any obstacles that might hinder the entry of Chinese industrial products shipped from customs outlets, as medical checks and health security measures are carried out on agricultural products that are likely to be carriers of the virus.
Car explosion in Syria kills 19, injures dozens
Al-Bab’s citizens go on general strike after the explosion in the Syrian border city
Mercedes-Benz once again world’s most valuable luxury car brand
Mercedes-Benz continues to be the only European brand in the top ten. Compared to 2018, the brand value of the star increased by a further 5% to $50.832bn.
Daily News Egypt test drives Seat Arona
The car’s sharp design will instantly attract you, as is the case with most of Seat’s other models. In terms of the design, the car has a sporty look.
Latest developments in automotive market, including car pricing mechanism
The seminar was attended by Chairperson of the Egyptian Automobile Dealers Association, Osama Abou El Magd, and a member of the Automobile Dealers Association, Montaser Zeitoun, and Gamal Askar, an automotive expert.
Total loss cars to be only sold through auctions
Value of compensation set according to market value, value of insurance policy
Unifying foreign currency rate is a positive step: Tawfik
Car prices will not be affected by “liberalisation of customs exchange rate,” says Aboul Magd
High car sales expected after activation of price control committee, interest rate cuts: experts
The committee also organises supervisory campaigns nationwide, in coordination with various concerned authorities, to ensure that traders abide by legal controls, and to control cases that constitute harmful practices to the consumer, tax evasion, or other offenses that constitute crimes during the course of their work.
Motor accidents down by 23.6%, railway up 14% in 2018
Car accidents in Egypt declined by a total of 2,618 cases in 2018, compared to 2017, according to the bulletin issued recently by the Central Agency for Public Mobilization and Statistics (CAPMAS). The year 2018 witnessed 8,480 accidents which resulted in 3,087 deaths, 11,803 injuries, and 13,441 vehicles damaged. In 2017, car and train accidents …
Competition in Egypt’s car assembly becomes tough after free tariffs policy: JICA
Japanese ambassador continues preparations for 50-firm delegation visit
Mercedes-Benz considers resuming car assembly in Egypt
Mercedes-Benz plans to start a new assembly plant in Egypt in cooperation with a local business partner.
Egypt Automotive holds first preparatory session of annual car summit
Gray market returning back strongly, necessary to combat it, says Gad
Dryve offers vehicle rental for Uber drivers
The Dryve car rental platform agreed with Uber, a peer-to-peer ridesharing, to offer vehicles for its licensed drivers, in partnership with French AXA multinational insurance. According to dryve, car owners can earn EGP 5,000-12,000 per month. Last month, Uber Egypt and Nacita AutoCare announced the launch of the first Rent to Own vehicle solutions programme …