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There are more than 15 car assembly plants and 75 facilities in the country providing more than 75,000 job opportunities. [11] Egypt has the capacity to produce 300,000 passenger cars, light commercial vehicles, trucks, and buses per year. [11] It is an under-penetrated automobile market with large numbers of the young population.
It is the first Arab vehicle manufacturer, founded in 1960 in Helwan, Egypt. Since, the company has produced licensed versions of the Fiat 1100 R, Fiat 1300, Fiat 2300, Fiat 128, Fiat 125, Fiat 133, Fiat 126, series 2 Fiat 127, 1983–92 FSO Polonez and in 1991 introduced a further range of Fiat-designed cars licensed via the Turkish company ...
Today the Group manufactures vehicles for numerous brands such as: Bajaj Auto, Hyundai and Volvo. With an annual output of 150,000 units, the Ghabbour Group is currently the largest automobile manufacturer in Egypt, with operations in Iraq, under the names GK Auto [5] and GQ Auto, [6] and in Kenya. [7]
Egypt’s annual inflation rate set a record high in June, as the most populous Arab country continues to battle price hikes and a depreciating currency, the Egyptian statistics bureau said Monday ...
General Motors Egypt was established in 1983 as the first private automotive manufacturer in Egypt and commenced production in 1985. GM Egypt Milestones. 1985: The plant started with the production of the pickup trucks followed by the light duty trucks and the minibuses. 1993: First passenger car program – Opel Vectra
Syrian refugees and residents in Egypt face an uncertain future as new regulations may jeopardise their right to remain in the country after Bashar al-Assad's ouster earlier this month. European ...
The Bavarian Auto Group (BAG) was an assembler and distributor of motor vehicles in Egypt. It was founded in 2003, by the Issa Al-Kawari, the financial manager of the Qatari royal family [ 1 ] (99%), and Egyptian investor Farid al-Tobgui (1%), who was appointed as BAG's CEO. [ 2 ]
Cairo, the capital of Egypt, is a bustling metropolis that sits on the banks of the River Nile.Home to an estimated 22 million people, the city has more recently expanded into a sprawling jumble ...