}

Amer Group posts 1,259% YoY consolidated profit leap in Q1 2026

Amer Group Holding (AMER) reported a 1,259.21% year-on-year (YoY) increase in consolidated net profits attributable to the parent company during the first quarter (Q1) of 2026, recording EGP 58.610 million, compared to EGP 4.312 million.

Toyota Egypt Group launches Toyota bZ4X, Lexus RZ Electric in Egypt

Toyota Egypt Group announced its entry into Egypt’s electric vehicle market with the launch of two fully electric models, the Toyota bZ4X and the Lexus RZ, marking the company’s first move into the local electric mobility segment after 45 years of operations in the country.

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