Latest in Tag: Egyptian Automobile Manufacturers Association Highlight

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Latest in Tag: Egyptian Automobile Manufacturers Association


egyptian pound

Automotive sector at risk of drowning following pound’s flotation: EAMA

The future of Egypt’s automotive industry is now at the mercy of the national currency’s flotation and is subject to importers’ provision of foreign currency, Hassan Soliman, head of the Egyptian Automobile Manufacturers Association (EAMA), said following the Central Bank of Egypt’s (CBE) decision to float the Egyptian pound. Soliman explained that the auto industry …

Ahmed Dawoud

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