The European Central Bank (ECB) stated on Tuesday that most large European banks are not adapting their …
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automotive
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FeatureTech newsTech/AI
Bosch to cut 1,200 jobs in software division by ’26
by Sama Mousaby Sama MousaBosch, the German automotive supplier, will cut 1,200 jobs in the software development division by the end …
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International NewsMENA NewsTech/AI
Saudi Arabia, Italy explore investments in key sectors
by Aya El Sayedby Aya El SayedSaudi Arabia and Italy are discussing joint investments in several sectors, including automotive, mining, oil & gas, defence, hydrogen, …
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Industry & TradeInternational NewsNewsTech news
Toyota halts operations at all of its Japan plants
by Nada Aliby Nada AliToyota is halting operations at all its Japanese assembly factories starting from Tuesday, August 29, due to …
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Honda Motor is recalling 1.3 million vehicles worldwide for a potential issue with the rearview camera image, …
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FeatureIndustry & TradeInternational NewsNewsTech/AI
BMW agent in Egypt plans to invest 1 billion Egyptian pounds
by Nada Aliby Nada AliThe BMW group announced investments of more than $100 million to develop its services and enhance its …
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Egypt NewsIndustry & TradeMENA NewsNewsTech/AI
BMW names Global Auto as new agent in Egypt
by Yomna Yasserby Yomna YasserGerman carmaker BMW has named Global Auto Group as its new importer and agent in Egypt.
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BanksFeature
Egypt’s EALB approves new loans for fertilisers, automotive, food firms
by Ahmed Aliby Ahmed AliState-owned Egyptian Arab Land Bank (EALB) approved on Thursday 600 million Egyptian pounds ($33.6 million) in new …
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Industry & Trade
Egypt, China sign five deals for agriculture, IT, car, fiberglass sectors
by Yomna Yasserby Yomna YasserEgypt has signed five cooperation agreements with China on Thursday in areas of agricultural, automotive, information technology, …
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China’s state-owned automotive manufacturing company FAW Group Corporation, a , is studying injecting new investments in Egypt …
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