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

On April 13, the Prime Minister of Egypt met with officials from the AL-Mansour Automotive Group to discuss their plans for establishing a new factory in New October City and commencing production. AL-Mansour will invest USD 150 million in Egypt’s automotive manufacturing, covering different brands. Production will s

On March 5, the Minister of Finance, Egypt announced that EGP one billion has been allocated in the current budget 2024/2025, to finance Egypt's "Localization of the Automobile Industry" and to attract investment partnerships in the field of automobile manufacturing. Egypt is targeting an increase of the local compon

On January 14, the Prime minister of Egypt met with the officials of Geely Auto Holding Group and reviewed the company’s plan to manufacture cars in Egypt during the next phase through a partnership with Auto Mobility.
Geely Auto Holding Group is ready to increase production, especially since it also aims to export a

On January 14, the Prime Minister of Egypt met with the officials of the China National Tire & Rubber Co., Ltd. (CNTR). CNTR has a factory in Al-Amiria, Alexandria for heavy transport car tires. It can produce 1.1 million tires and export 70% of its production. 
CNTR plans to expand its operations in Egypt. The gover

On December 4, the Egypt Cabinet approved the proposed vision for 2025 auto market regulation. The Cabinet agreed on the proposed vision of the Ministry of Investments and Foreign Trade, regarding the regulation of the automobile market for 2025, to work on invigorating investment in the local market.
It was emphasiz

On December 1, the Prime Minister of Egypt met with the officials from Great Wall Motors (GWM). The Vice President of GWM stated that it is planning a project in Egypt to cater to local demand for cars and spare parts, as well as to export to neighboring markets and countries worldwide.
Following thorough studies, th

On November 18, the Minister of Industry and Transport, Egypt reviewed the latest developments in cooperation between the Arab Organization for Industrialization and Stellantis to manufacture two models of Citroen cars in the organization's factories with a total annual production of 27,000 cars. 
An agreement was re

On November 17, the Government of Egypt announced that the Egyptian-German Automotive Company (EGA) has started the production of Exeed cars in Egypt. The EGA factory now produces luxury vehicles under the Mercedes-Benz and Exeed brands. 
At present, the factory manufactures 1,200 Mercedes-Benz vehicles and 3,000 Exe

On October 21, the Government of Egypt dismissed reports on issuing a decision to reduce car imports by 20% to become 8,000 cars a month instead of 10,000. The Cabinet Media Center said that it contacted the Ministry of Investment and Foreign Trade which denied such reports as baseless.
(Based on press release from t

On October 1, the Prime Minister of Egypt held a meeting with officials of the Egyptian International Motors Company to follow up on the localization of the automotive industry in Egypt. The Prime Minister appreciated the company's intention to establish a factory in Egypt, directing the provision of the required lan

On September 24, the chief of the Suez Canal Economic Zone met with the officials of Dayun Automobile Manufacturing Company to discuss Dayun’s expansion plan to manufacture various types of vehicles.
Dayun is planning to set up new production lines to manufacture a variety of vehicles as well as increase the local co

On September 7, the Prime Minister of Egypt met with the General Manager of GAC Automotive at the Forum on China-Africa Cooperation in Beijing and discussed Egypt-China relations and Egypt's efforts to boost its automotive industry, particularly electric vehicles.
The Prime minister offered incentives, including the

On September 7, the Prime Minister of Egypt met with the chairman of Great Wall Motors (GWM) at the Forum on China-Africa Cooperation in Beijing. GWM expressed its interest in investing in Egypt, highlighting Egypt’s strategic location and facilitated trade agreements as key incentives for export.
GWM started explori

On August 31, the Minister of Higher Education and Scientific Research of Egypt announced that a large plant for manufacturing electric vehicles (EVs) will be established in Egypt on a 50,000-square meter area, in a bid to reach “self-sufficiency” in electric cars.
However, the Minister did not reveal where the plant

On August 28, multiple sources reported that the Minister of Finance of Egypt established a new unit to streamline customs and tax procedures for the automotive industry.
It will focus on simplifying and accelerating customs and tax procedures for companies involved in vehicle manufacturing, including assembly compan

On August 21, the Japanese Ambassador to Cairo met with the Minister of Industry and Transport, Egypt, and the Deputy Prime Minister for Industrial Development. 
The Japanese Ambassador stated that several Japanese global companies specializing in the field of automobile manufacturing are showing interest in establis

On August 20, the officials of the Government of Egypt met with the representatives of General Motors Egypt. The meeting took up the company's current projects in the Egyptian market and the future projects that the company is considering establishing in Egypt, including the car models that the company intends to man