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The automotive industry is one of the most important industries in Egypt and brings many benefits for the economy. In the 1980s, EI Nasr Automotive Manufacturing Company was the only giant manufacturer in the entire Egyptian market. There are now 83 car manufacturers in Egypt. [ 10] It has giants like GM, BMW, Hyundai, Toyota and Nissan, which ...
The Cairo Metro(Arabic: مترو أنفاق القاهرة, romanized: Metro Anfāq al-Qāhirah, lit. "Cairo Tunnel Metro" or مترو الأنفاق pronounced[ˈmetɾolʔænˈfæːʔ]) is a rapid transitsystem in Greater Cairo, Egypt. It was the first of the three full-fledged metro systems in Africaand the first in the Middle Eastto be ...
Average speed. 80 km/h (50 mph) [ 1] The Cairo Monorail ( Arabic: مونوريل القاهرة) is a two-line monorail rapid transit system currently under construction in Cairo and is projected to become the longest driverless monorail system in the world. [ 4] The two lines will create the first public transport from the New Administrative ...
Arab American Vehicles is an Egyptian automobile manufacturer based in Cairo, Egypt.. The company manufactures various vehicles under license from Daimler AG, Kia, Stellantis and Toyota, having begun as a joint venture in 1977 between the Arab Organization for Industrialization and American Motors Corporation to assemble AMC Jeeps. [1]
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 ...
Website. egx.com. The Egyptian Exchange ( EGX ), Egypt 's stock exchange, comprises two exchanges, Cairo and Alexandria, both governed by the same board of directors and sharing the same trading, clearing and settlement systems. Presently, the chairman of the Egyptian Exchange is Rami El-Dokany. Transactions taking place in the stock exchange ...
New car prices fell 0.2% in July and 1.4% from the prior year. Compared to their peak in February 2022, prices paid for used vehicles are now down 19.4%. Used car prices rose more than 40% ...
Website. www .egasae .com. The Egyptian German Automotive Company (EGA) is an Egyptian car assembler who is located in the 6th of October City in Cairo. It was founded by engineer Samy Saad and the former Daimler-Benz CEO Jürgen Erich Schrempp as a joint venture to assemble vehicles of the Mercedes-Benz brand. The management of the 1996 ...