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

On September 30, the National Telecommunications Regulatory Authority (NTRA), in a social media post, announced that it has approved allowing companies specialized in the manufacture of smart vehicles to operate the "Internet of Things" services feature for cars in Egypt. It will benefit drivers for navigation, track

On September 28, the Prime Minister of Egypt held a meeting with a high-level delegation from BYD Auto, headed by BYD’s Executive Vice President and CEO of the Americas, Europe, Middle East, and Africa sectors, and several officials from Mansour Group.
The Prime Minister welcomed the news related to the joint manufac

On September 25, the Minister for Industrial Development in Egypt met with the Ambassador of the Republic of Korea to Cairo. The Minister called on the Korean government to encourage Korean investors to invest in Egypt in the automotive and automotive components manufacturing sector, particularly tires and glass, to

On September 23, the Minister of Investment and Foreign Trade, Egypt, met with the officials of Adient and the Turkish company Deniz. This partnership between the two companies created a joint venture, Deniz Adient. They are planning a project in Ismailia, Egypt. 
The meeting reviewed the project's implementation pha

On August 30, the prime minister of Egypt, in a social media post, said that he met with a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC).
The Chinese official state that there is significant potential for cooperation in the electric vehicle (EV) industry between the tw

On August 21, Toyota Tsusho Corporation signed a memorandum of understanding (MoU) with the Egyptian Ministry of Industry and Transport and the Egyptian Ministry of Investment and Foreign Trade, on collaboration to develop the Egyptian automotive industry through KD business.
It will strengthen cooperation with the E

On August 13, multiple sources reported that the Prime Minister of Egypt announced plans to attract leading global electric car manufacturers to produce at least 100,000 EVs annually. The government is in talks with several companies, offering all requested incentives. Negotiations also cover setting up electric batt