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

On August 12, the Ministry of Industry and Transport, Egypt, held a meeting with major automotive component manufacturers to localize the industry and achieve industrial networking and integration. The Minister discussed component suppliers’ needs and priorities, which ranged from plastic injection plants used in the

On August 4, the Ministry of Industry and Transport, Egypt, held a discussion with iron manufacturers and automotive companies for the localization of the automotive sheet metal industry. The ministry announced that it is in the process of formulating an integrated methodology for localizing the automotive sheet meta

On July 29, the Prime Minister of Egypt announced that the government is fully prepared to provide "out-of-the-box incentives" to localize the electric car industry. He held a meeting to follow up on the executive procedures for localizing the electric car industry and reviewed efforts to localize the electric car in

On July 21, the officials of the Suez Canal Economic Zone (SCZONE) visited the headquarters of BYD in Shenzhen, China, and held a meeting with BYD officials.  They discussed the possibility of BYD establishing a presence in SCZONE as a gateway for the company to access African and Middle Eastern markets. SCZONE empha

On July 10, the President of Egypt met with the Premier of the State Council of China. The president stressed Egypt's commitment to strengthening cooperation with China in various areas of mutual interest and working to activate the comprehensive strategic partnership between the two countries. He also expressed the

On July 7, the Ministry of Trade and Industry, Egypt, reviewed with auto manufacturers the new amendments to the National Program for the Development of the Auto Industry. The new program amendments aim to provide real incentives for automakers and ensure the program's sustainability, deepening local auto manufacturi

On June 25, the Minister of Investment and Foreign Trade, Egypt participated in a roundtable dedicated to the automotive industry, held in Shanghai, China, with the participation of several Chinese companies.
The minister announced that Egypt’s automotive industry is undergoing a transformation, focusing on expanding

On June 23, the Minister of Investment and Foreign Trade, Egypt met with the Chinese Minister of Commerce to discuss ways to strengthen economic and trade relations between the two countries.
The two sides agreed to enhance cooperation in the fields of electric vehicles, feed industries, electronics, water desalinati

On May 27, the Prime Minister of Egypt met with the Minister of the Public Business Sector to discuss the revival and relaunch of the Nasr Automotive Company. The Minister stated that Nasr Automotive Manufacturing Company has been revived, beginning with the bus factory.
 It currently produces 5 buses per week, meeti

On May 25, the Prime Minister of Egypt, in the 2025 US-Egypt Policy Leaders Forum, announced that ongoing talks with the American side have shown increasing interest in the automotive sector. Applications have been submitted to ease restrictions on importing fully assembled American cars into Egypt.
As part of this,

On May 19, the General Authority for Investment and Free Zones (GAFI), met with the Governor of Guangdong Province, China. The two sides discussed the investment cooperation agenda for the second half of 2025. The governor headed a delegation that included representatives of various government bodies from the provinc