Latest in Tag: Sales Highlight
Latest in Tag: Sales
EGP 12.2bn in private car sales over first 5 months of 2016
Korean brands rank first, Japanese brands second, and European brands come third
Ezz Steel bets on growth of local demand on reinforcing bars to increase sales
Ezz Steel said in a report that it registered a strong growth in the sales of reinforcing bars, especially in the local market, which contributed to increasing the company’s first quarter (Q1) sales. The company registered sales of EGP 4.967bn in Q1 2016 compared to EGP 4.793bn during the same period last year, which marks …
Diarna Egypt targets 50% increase in net sales next fiscal year
Land speculations is one of the major challenges facing Egypt’s real estate market
Passenger cars achieve EGP 9.1bn sales in four months
Korean brands maintained the top spots of the sales market, and the brands achieved sales of 14,500 units worth EGP 2.46bn, despite the decline of sales by 24.7% compared to 2015.
JEEP maintains sales growth despite US dollar shortage
Grand Cherokee comes at the forefront selling 356 cars, followed by Renegade
Passenger car sales fall 31% in Q1 quarter of 2016
Japanese cars sold 10,100 cars valued at EGP 2.2bn and a sales fall of 27.2% year-over-year
Declining purchasing power diminishes mobile phone sales by 30%
We cut down our marketing budget by 70% to support the difference in prices, says Abdelmohsen
Chinese companies dominate mobile sales globally in Q1 2016
334.9m devices have been sold as Chinese companies top sales growth
Dabur’s Egypt sales increased by 15% last year: head of Finance at Dabur Egypt
Dabur is the fourth largest consumer goods company in India, producing herbal and cosmetic products
MINI surprises the market with 8% sales increase
Sales of MINI 6 included Highline 5 Door, Basic, Countryman Comfort, Countryman Elite, Luxury and S JWC
Emaar Misr leads real estate company’ sales with contracts worth EGP 8.6bn
Emmar Misr also concluded the reconstruction of new sales contracts worth EGP8.6b in 2015, compared to EGP7.1b in 2014, which marks a 21.2% growth rate
Car sales fall 31.7% YOY in January and February
Passenger cars sales drop 33%, buses 21%, and trucks by 33%
Dollar crisis casts shadow on used-car sales and supply
Used-car prices increase by 30% to 40% amid limited imports of new cars
Hero MEA seeks 12% increase in sales, 15% increase in exports
Hero MEA has 38 distributors with 1,500 employees across Egypt, says Mahmoud Bazan
EGP 1.9bn in Verna sales in 2015
The Hyundai Verna topped the list of best-selling Korean cars, achieving sales of EGP 1.9bn throughout 2015, selling 21,000 units. The Verna is considered the cheapest Korean car in Egypt. Meanwhile Hyundai’s Elantra increased to second place, overtaking the Hyundai ix35. The Elantra achieved sales estimated at approximately EGP 1.1bn for 6,801 cars sold, while …
Record of EGP 34bn personal vehicles sold in Egypt in 2015
Korean cars topped auto sales at total of 58,000 vehicles, followed by Japanese and European sales
5% expected growth in computer sales after exemption from import regulations
This decision will help companies boost their sales, particularly after they faced a decline last year, due to the lack of dollar availability.
Agro Trade sales up 20% to EGP 25m in 2014: Borsa Chief Financial Officer
Magdy: Current sales volume at least 35% of pre-Revolution figures, and we are targeting 10% growth
Saqqara Horticultural Crops looks for rebound after sales dropped 20% in 2015
Company sales increased 14% in 2013 to a height of EGP 210m, before falling again in 2014.
Golden Foods targets EGP 30m in sales by end of 2016
Razeka believes the dollar crisis will be resolved within the year through successful state plans to increase the volume of Egyptian exports as one of the most important sources of hard currency in the Egyptian market.
EGP 6.5bn in European car sales in first 10 months of 2015
The European personal car market in Egypt registered EGP 6.5bn in sales out of the approximately EGP 28bn in the personal cars market through the first 10 months of 2015. A total of 33,300 European cars were sold out of the 163,700 units the market registered. The Renault Logan remained in first place with most …
AMIC revises projections for automotive sector, expects gains in 2015
AMIC revised projections it published in early December, when it anticipated that the market would close on sales of EGP 29.99bn during 2015, by selling 196,500 units, down by 6% from last year, when the market closed at EGP30bn last year.
VW scandal sears annual sales
Hell hath no fury like a consumer scorned and German auto giant Volkswagen has felt the heat again as the ‘dieselgate’ scandal continues to singe sales. But CEO Müller says he’s ‘ready to face up to this huge challenge.’ Global demand for the group’s brands was down to 883,700 vehicles in November, 2.2 percent lower …
Saudi Arabia leads Middle East mobile phone sales with 57% share
Smartphones represent 78% of devices sold during Q3 2015, according to IDC report
Samsung expects 1.6m smart-watch sales in 2016
Gear S2 compatible with Kitkat and Lollypop android devices: El-Gamal
353m smartphone devices sold in Q3 of 2015
Samsung acquired the largest market share with 23.7%, while Lenovo sales declined
Korean car sales amount to EGP 6.3bn in 9 months
The Hyundai Verna topped the list with sales amounting to EGP 1.5bn with 16,500 cars sold, considered the cheapest Korean car in Egypt.
EGP 1.02bn in Nissan New Sunny sales
Nissan was able to record sales of 25,000 cars, acquiring 10% of the total number of units sold in the personal car market in Egypt.
Raya IT witnesses 25% sales growth during H1 of 2015
Raya contracted with a government bank to implement an information and infrastructure centre at a cost of EGP 120m
Daimler sales unaffected by VW pollution scandal
German auto maker Daimler has reported record sales for the third quarter, lifting operating profit by almost a third year-on-year. The results showed the firm unharmed by rival VW’s pollution scandal. Germany’s Daimler, maker of the luxury Mercedes brand, said Thursday it had logged record unit sales in the July-September period, shifting 720,000 cars worldwide …