Latest in Tag: Sales Highlight
Latest in Tag: Sales
2016 was the worst year for auto market: Ezz Elarab general manager
Ezz Elarab’s sales fell by 40%
The best thing to do is to save your money at a fixed rate by investing in real estate: El-Shinnawy
We are committed to deliver high-end projects and a quality of that serves all family members: El-Shinnawy
El Borg Establishment aims at 40% growth in sales this year: general manager
Offsetting decline of sales to tourism facilities through supplying products to cafes
39% Decline in car sales in January
Locally manufactured cars decline by 42.5% with predictions of continued decline in February
White Land targets EGP 300m in sales this year
Company to increase exports to 35% of production: El-Mashad
El Rashidi El Mizan to increase sales to EGP 500m in 2017
15% expected increase in exports after the inauguration of the new factory
Elmotawakel Dates Company is targeting sales worth EGP 16m in 2017
The company is planning to expand in Asian and European markets
Tiba For Starch & Glucose targets 40% more sales by end of 2017
Exports in 2016 registered $1m, says El Ghorory
Katilo For Dairy Products achieved EGP 80m in sales in 2016
Company is targeting 10% increase in exports in 2017, says Katilo
Lashopack targets sales of EGP 41m in 2017
15 Arab countries acquire 40% of production, Aboul Saoud says
Agro Star aims to increase its sales to $12m in 2017
European markets represent 70% of the company’s exports, says Samir
Dina Farms registered sales of EGP 570m in 2016
49% hike in dairy prices, says Tawfik
Nivex Agricultural Investment records sales worth $180m in 2016
Egyptian pound’s flotation supports external competition, says Yacoub
Lenovo aims to double share in Egyptian market in 2017
30% decline in the number of sold mobiles during 2016, says Salem
Future of Egypt’s automotive market is uncertain: merchants
50% decline in sales over the past three months, says Magdy
Obour Land achieves total sales worth EGP 1.45bn in FY 2016
Total sales for the FY 2016 registered EGP 1.45bn
EGP 3.8bn in contract sales during 2016: Madinet Nasr Housing & Development
Madinet Nasr Housing and Development (MNHD) announced on Monday that it made sales contracts with a value of EGP 3.8bn during 2016, generating more than four times the value of their sales contracts in 2015. According to the company’s statement, the value exceeded the initial budget of EGP 2bn and surpassed contracted sales of 2015 …
Passenger cars register EGP 25.4bn in sales over 9 months
The passenger car market saw sales of 110,200 cars over the course of the first nine months of 2016 with the value totalling EGP 25.4bn. Despite a 16.5% year-on-year decrease, Korean brands continue to lead the market in total number of sales. A total of 37,140 cars were sold with the value amounting to EGP …
Egyptian Automotive Dealers Association warns dealers against halting sales, layoffs: chairperson
Flotation of Egyptian pound supports economy, but unfavourable for the auto sector, says Aboul Magd
Car companies halt sales to reprice in wake of CBE decision
Car companies halted their sales processes to review prices after the Central Bank of Egypt’s (CBE) decision to float the Egyptian pound on Thursday. Some companies plan to reprice their cars, while others await the stabilisation of the US dollar rates against the pound and the end of the turmoil and confusion that currently prevails …
Automotive market loses 25.6% of its sales in first 8 months of 2016
Passenger car sales declined by 25.6%, bus sales by 31.8%, truck sales by 25.7% compared to last year
Mondelez Egypt Foods reaches sales worth EGP 1.4bn in 9 months
Mondelez Egypt Foods reached sales worth $1.4bn during the first nine months of 2016. The company’s regional director for Egypt and North Africa, Bilal Sharbatly, said that Mondelez acquired more than 40% of the market volume, which amounts to EGP 3.5bn. He told Daily News Egypt that the sales volume reaches about EGP 1.4bn, up …
We aim to increase sales by 20% in 2016: Domty chairperson
The company intends to inject EGP 200m worth of new investments in 2017
Madinet Nasr Housing & Development reports 787% growth in sales for September
Inflation, devaluation, and lack of alternative options make real estate in Egypt one of the bright spots for growth
Kia Sportage outperforms Opel Astra sales
Kia Sportage took the top spot from Opel Astra in sales of European-origin cars. Though headquartered in Seoul, South Korea, Kia Sportage is manufactured in Slovakia before it is imported to Egypt—therefore it is considered a European brand. The model registered sales of 2,379 units over the course of seven months worth EGP 666m in …
GB Auto acquires 96% of Chinese-made car sales
Ghabbour Auto was able to acquire 96% of the Chinese car market in Egypt. Its two main brands, Chery and Geely, recorded sales of 5,777 units over the first seven months of 2016. The entire Chinese car market in Egypt achieved sales of 6,013 units over that same period, though the competition was limited between …
Hyundai dominates Korean car sales
Hyundai acquired 85.9% of the Korean automotive market sales in the first seven months of 2016, selling 24,300 cars out of 28,300 Korean-made cars sold in total. The carmaker was able to seize the top five spots on the list, outperforming its rival Kia. Hyundai Verna topped the sales list for the Korean carmakers. A …
Dabur Egypt achieves 25% sales increase during Q1 2016
Dabur expects to launch DermoViva and Hobby products in the next two months, says marketing head
Car companies halt sales, adjust pricing policies
The government should set a special US dollar price for car imports, says EAMA executive director
Proton sells 158 cars during first 5 months of 2016
The Malaysian brand Proton sold 158 cars in the first five months of the year without any sales during May. Gen-2 sold the most units at 107 cars worth EGP 17m, followed by Persona selling 51 cars worth EGP 8.1m. Proton sold 158 cars during the first four months of the year, achieving sales estimated …