Latest in Tag: Sales Highlight
Latest in Tag: Sales
Tecno Mobile acquires 7% of mobile sales in Egypt
Tecno Mobile acquired a market share of about 7% in Egypt at the end of 2017, the company’s marketing department director, Mahmoud Taha, said. He expected that Tecno’s sales will witness growth in the next period, supported by the company’s new partnerships with Telecom Egypt and Orange Egypt. Tecno Mobile is a subsidiary of Transsion …
Countries with fastest growing e-commerce sales
eMarketer published a list of the countries projected to achieve the fastest growing sales via e-commerce this year and the coming two years. The list is comprised of 15 countries. According to the report, India topped the list of countries expected to achieve strong growth in the e-commerce market. The report predicted India will mark …
Al Nada targets sales of EGP 25m in 2018
Production line established for packaging to reduce production costs
El Sakya for Agricultural Development eyes EGP 38m in sales this year
El Sakya for Agricultural Development aims to achieve sales of EGP 38m this year. Moaz Abdullah, general manager and managing director, said that the company achieved sales of EGP 27m last year. He added that the company is seeking to increase its volume of imports by 15% this year and introduce new vehicles, noting that …
Retailers extend sales to activate market, get rid of stored products
Shops are in sales since the beginning of January
Porto Group sales to reach EGP 3.4bn in 2018: report
Company cash dividends expected to decrease in coming years
Juhayna 2017 profits soar 268% as sales accelerate
Company’s revenues climbed to EGP 6.06bn versus EGP 4.9bn in 2016
Global smartphone sales register $478.7bn in 2017
$41.5bn worth of smartphones sold in Middle East, Africa
In midst of recession, clothes retailers call on Ministry of Supply to start sale season early
Only about 10% of displayed winter clothes have been sold, says head of FEDCOC ready-made clothes sector
100,000 TVs sold in September
Televisions sales in the Egyptian market reached 100,000 devices in September, according to the German market research institute GfK, while Samsung topped the market with a share of 35% maintaining its top spot in the Egyptian market. “The Samsung screen factory in Beni Suef has contributed significantly to launching products with world-class technology at competitive …
Real estate sales fall by 40% in Q1
32% discount on the paying unit’s price in cash, says Salama
Decline of purchasing power reduced mobile phone sales by 30%
The company will inject EGP 70m to establish an assembly line of washing machines
Mobile sales decline by 30% compared to last year
Market recovery in Q2 2018: Megahed
Daltex expects sales of EGP 1.05bn by end of 2017
The company will increase its exports to India and China in the coming period
Xiaomi plans to open 3 sales, customer service centres in September
The company aims to expand its after sales services before the end of this year
Sales of fourth phase of Amwaj in North Coast reach 60%
Construction works of GAIA project in the North Coast will start in 2018 with investments of EGP 4.8bn, says Sabbour
Fuel subsidy cut does not affect car sales: experts
95 gasoline is the best economically for popular cars on the long term: Masrouga
Automotive companies expect further decline in sales because of increase in interest rate
70% of customers tend to buy through banks, 30% pays in cash
Decline in demand of locally manufactured, imported cars by 50%
43% decline in February: 6,500 units sold
European automotive market experiencing huge suffering in 4 year
The sales of European cars declined to their lowest pace in four years last month due to lower purchasing power and tax changes in Britain. Bloomberg News Agency reported that some companies, including Volkswagen and Ford, lost their share in the European market to Fiat Chrysler and NF automobiles, which attract customers with their distinctive …
Sales of high-priced cars exceed sales of middle-class cars
Cars worth more than EGP 2m registered more sales than middle-class cars worth around EGP 150,000. This reflects the reluctance of the middle class to buy cars during a phase of economic uncertainty and turmoil, while the richer segments of society of course do not have to pay much attention to their expenses. The positions …
Sales of passenger cars in Egypt valued at EGP 7.15bn during Q1 2017
The automotive market achieved sales of EGP 7.15bn during the first quarter (Q1) of 2017, as more than 19,700 units were sold—a 46.5% decrease in comparison to the same period last year, which saw the sale of 33,000 units. Japanese brands topped the list, with sales of 9,300 cars from the beginning of 2017 to …
Verna sells 864 cars in three months
The Hyundai Verna topped the sales of Korean cars in Egypt in the first quarter (Q1) of 2017, selling 864 units for EGP 125.2m.The Verna is considered the cheapest Korean car in Egypt, with its parts locally assembled in Ghabbour Auto’s factory. The Kia Cerato came in second place, with sales of EGP 239.9m and …
Nissan tops Japanese car sales in Egypt
The new Nissan Sunny was able to remain atop the list of most sold Japanese cars in Egypt throughout the first quarter of this year, recording sales of 2,806 units for EGP 555m. Nissan Qashqai came in second place, with 1,648 sold cars for EGP 618m, followed by Nissan Sentra with 1,549 sold units for …
574 Optra vehicles sold in Q1
Chevrolet Optra topped the sales of American cars in the first quarter (Q1) of 2017, achieving sales of 574 units with a value worth EGP 120.5m. The Ford Focus followed the Optra, with 434 units sold at a value of EGP 138.8m, followed by the Chevrolet Lanos, which occupied the third position in the list …
Edita restructures product portfolio to recover sales in 2017
Price increases of an average of 91% secure the company profits despite sharp drop in sales
Automotive market lost 46.5% of its sales during Q1 of 2017
Domestic product sales declined 45.8%, while import sales declined 47%
Seklam aims for 25% more sales in 2017
Company is seeking to open up new markets in Africa and Asia this year
Agro Food intends to keep sales at EGP 250m in 2017
50% of production is organic, England accounts for 60% of exports, says Hegazy
Car market expected to lose 40% of sales in H1 2017
Companies being forced to import 2018 models will likely raise prices further