May 3, 2023

GAFI offers tax incentives to attract Japanese expertise in automotive industry

Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI), met with John Karubi, head of the Japanese side of the Egyptian-Japanese......

April 20, 2023

Tax-free car import initiative for Egyptian expats receives $500mln worth of payments: Finance Minister

Minister of Finance Mohamed Maait said on Tuesday that the application for the tax-free car import initiative for Egyptians working abroad will close......

April 4, 2023

Abou Ghaly Motors ranks 1st in Africa, 6th worldwide as GEELY Auto agent for 2022

Abou Ghaly Motors –the exclusive agent of GEELY auto in Egypt– received praise from GEELY Auto International for winning the Best Performance......

March 27, 2023

Ramadan – Road Safety Tips

During the holy month of Ramadan, it is sad to witness hundreds of accidents and dozens of fatalities every year. Ramadan is a very special time......

March 24, 2023

With a Super Intelligent Factory Officially Put into Production, EXEED Opens a New Chapter in Intelligent Manufacturing

Recently, the Super Intelligent Factory of EXEED was officially put into production, which marks the beginning of a new chapter of EXEED brand 2.0,......

March 21, 2023

Zoomcar plans to expand its fleet in Egypt

Arab Finance: Zoomcar, an India-based self-drive and car-sharing platform, is planning to expand its car fleet in Egypt, according to an emailed......

March 17, 2023

Egypt's PM inagurates Mercedes-Benz logistics center at Sokhna Port

CAIRO - 16 March 2023: The prime minister inaugurated the Mercedes-Benz logistics center in Sokhna ndustrial zone on Thursday in a prelude to locally......

February 28, 2023

Automotive Localization: A Break Through for the Egyptian Economy

In recent years, the automotive industry in Egypt has been quite challenging. With the floatation of the Egyptian pound and the importation of vehicles......

February 21, 2023

42,000 Egyptian expats registered on tax-free car import scheme: Maait

Arab Finance: Egyptian Minister of Finance Mohammed Maait said that 42,000 Egyptian living abroad have registered on the “Cars from Egyptians......

February 16, 2023

Egyptian parliament extends law governing expat car import scheme

Egyptian House of Representatives’ Budget Committee extended Law 161/2022, governing the expat car import scheme, for two months. The amendment......