On March 14, the Ministry of Trade and Industry of Egypt held a meeting with Mercedes-Benz Egypt to discuss opportunities to localize the automotive industry.
The ministry stressed that the National Automotive Industry Development Program (AIDP) represents a key pillar for attracting major global brands through an un

On March 14, the Ministry of Investment and Foreign Trade of Egypt announced that it has granted a golden licence to the Egyptian company, MAC, to establish an integrated factory for manufacturing and assembling cars (gasoline, electric, and hybrid) and light transport vehicles. The project will see an investment cos

On March 8, the Minister of Labor of Egypt met with a delegation from wiring harness manufacturer Leoni Egypt. The minister stated that Leoni’s new expansions will provide thousands of job opportunities for Egyptian youth. In the coming days, Leoni will offer 500 new jobs for assembly technicians across several branc

On March 5, the Ministry of Industry of Egypt held a meeting to discuss the follow-up on the implementation status of the National Program for the Development of the Automotive Industry, as well as to discuss ways to combine governmental efforts to create an attractive business environment and provide more facilities

On January 28, the Ministry of Trade and Industry, Egypt, announced that the Bulgarian company Sin Cars is planning to manufacture electric cars in partnership with one of the industrial companies in Egypt. The ministry reviewed Sin Cars’ plan to manufacture electric vehicles, including passenger cars, refrigerated t

On January 27, the Prime Minister of Egypt said in a social media post that he has held a meeting to discuss opportunities for localizing the automotive industry and increasing the competitiveness of free zones. He stated that the Government is attracting major global manufacturers, within the framework of the state’

On January 20, the Minister of Investment and Foreign Trade, Egypt, met with the chairman of TVS Motors to discuss cooperation in the automotive industry and localizing production in Egypt. TVS confirms its interest in studying investment and production opportunities in Egypt for export to African markets. TVS has a

On December 23, the Egyptian Cabinet, in a social media update, announced that the General Authority for the Suez Canal Economic Zone signed a contract with Chaoyang Langma Tire Company, China. It will establish an integrated industrial complex to produce heavy truck tires and passenger car tires, with an investment

On December 16, the Ministry of Trade and Industry in Egypt approved Prometeon Tires Company's request to establish a new project within the special free zones system, with investments of USD 300 million. The company will produce tires for heavy transport vehicles, engineering equipment, and agricultural tractors, an

On December 9, the Embassy of the Arab Republic of Egypt in Tokyo, in a social media post, announced that the Egyptian ambassador held a meeting with Mitsubishi Motors executives to discuss prospects for enhancing industrial and investment cooperation.
The meeting focused on opportunities for Mitsubishi Motors to exp

On December 3, Egypt’s Deputy Prime Minister for Industrial Development and Volkswagen brand CEO discussed the company’s plans to start manufacturing cars in Egypt through a video conference.
Volkswagen outlined a multi-phase plan to grow in Egypt, beginning with contract manufacturing at the Egyptian-German Automoti

On November 26, the Ministry of Industry, Egypt, held a meeting with representatives of 23 bus, vehicle, and component manufacturing companies to review the capabilities of localization.
The ministry reviewed the list of components targeted for localization, which includes steel used in structures and strategic compo

On November 25, the Ministry of Investment and Foreign Trade of Egypt, in a social media post, announced that its Minister met with a delegation from Prometeon Tire Manufacturing Company to discuss cooperation and the future of the company’s investments in Egypt. 
Prometeon Tire Manufacturing Company is a subsidiary

On November 13, the Ministry of Public Business Sector, Egypt, in a social media post, announced that its minister inspected the progress of work and production at Al Nasr Automotive. The production of Nasr Sky tourist buses is expected to increase with a local component rate of 63%. At present, the production capaci

On November 12, the Ministry of Industry, Egypt, announced it has approved Dr. Greish Glass' plan to expand its automotive glass plant by 12,000 square meters in Al-Robiki City, with an additional 12,000 square meters planned in a nearby location, such as 10th of Ramadan City, to boost production capacity.
Based on p

On November 9, the Minister of Investment and Foreign Trade of Egypt met with the Minister of Trade and Industry of South Africa to discuss cooperation in the fields of automotive manufacturing, establishing logistics zones, and linking them by sea. 
The Egyptian minister expressed Egypt’s desire to cooperate with So

On November 3, Minister of Industry and Transport laid the foundation stone for Mansour Automotive Group’s new Mack Transport Factory in 6th of October Industrial City, Egypt.
The new factory, built on an area of 55,000 square meters, will produce 50,000 environmentally friendly vehicles in its first phase. The proj

On October 23, multiple sources reported that the Minister of Industry and Transport of Egypt met with the Ambassador of the Kingdom of Morocco to discuss industrial and investment cooperation between the two countries. They also discussed the automotive industry and supply chain. The minister ensured an investment c

On October 16, the Minister of Foreign Affairs, Immigration, and Egyptian Expatriates Affairs, met with the Director of the Hinduja Group of Companies. The minister stated that the Egyptian government is interested in cooperating with foreign companies to attract more investment and localize the vehicle industry, par

On October 9, the Ministry of Trade and Industry, Egypt, in a social media post, announced that the National Automotive Industry Development Program aims to deepen local manufacturing and achieve economic feasibility. It is targeting a local added value of 60% and raising the local industrial component to over 35%. I