Mansour Group plans to invest over $150 million in Egypt to establish a new factory for assembling both conventional and electric vehicles.

Automotive sales in Egypt plunged by 22% on a monthly basis to 10,100 units in January 2025, compared to 13,000 units in December 2024, according to the Automotive Market Information Council (AMIC).

BIDDEX, the first fully integrated digital platform for buying, selling, and trading cars in Egypt, will be launched within the coming days in the market.

The UAE-based Dubizzle Group has acquired Hatla2ee, a leading online car marketplace in Egypt.

The Egyptian Ministry of Investment and Foreign Trade has announced new regulations governing the customs clearance process for cars imported for personal use, effective Thursday, December 26th.

The Egyptian government is set to launch a new national initiative to convert vehicles to operate on natural gas, with implementation scheduled to begin early next year.

Car sales in Egypt increased by 12.02% during the first 10 months of 2024, with total sales reaching approximately 78,400 vehicles, compared to 70,010 in the same period of 2023, according to a report by the Automotive Market Information Council (AMIC).

Nissan Egypt has signed an investment contract to locally manufacture a third model at its factory in Egypt.

The Egyptian cabinet has approved a proposed vision by the Ministry of Investment and Foreign Trade to regulate the automotive market by 2025.

The Egyptian Minister of Investment and Foreign Trade Hassan El-Khatib has called on automotive dealers and agents to limit their import requests for 2025 to 5% of the total cars imported in 2023.

The Ministry of Investment and Foreign Trade has denied the recently published news on social media on reducing the car import quota by around 20% as of this month, with a maximum of 8,000 cars monthly instead of 10,000.

The Egyptian government is considering reducing the car import quota by around 20% as of this month, with a maximum of 8,000 cars monthly instead of 10,000.

The cabinet has greenlit a draft resolution on amending some provisions of the executive regulations of the Law on Rights of Persons with Disabilities.

Egyptian Prime Minister Mostafa Madbouly announced a two-month grace period for beneficiaries of imported cars for people with disabilities to allow individuals to settle their status before facing potential prosecution on charges of human trafficking and tax evasion.