New Zealand announced on Monday that a free trade agreement with the European Union will become effective …
cars
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FeatureInternational NewsNewsTech newsTech/AI
Hyundai, Kia expect 2% rise in auto sales in 2024
by Sama Mousaby Sama MousaSouth Korea’s Hyundai Motor Co and its affiliate Kia Corp said on Wednesday they expect their combined …
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FeatureIndustry & TradeInternational NewsTech/AI
Honda withdraws vehicles to fix seat belt problem
by Norhan Adelby Norhan AdelJapanese carmaker, Honda has announced on Wednesday that it is withdrawing a half-million vehicles from the American …
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Editors' PicksFinancial InstitutionsMoney
S&P expects Egypt’s foreign reserves to fall to $37 billion by June-end amid coronavirus
Rating agency S&P has forecast on Friday Egypt’s foreign exchange reserves – including gold – would decline …
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Egyptian Natural Gas Holding Company (EGAS) is planning to transfer nearly 320,000 cars to operate in natural …
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Volvo on Thursday announced plans to cut fixed costs by 2 billion Swedish crowns ($214 million), becoming …
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Industry & Trade
Custom duties on cars, buses add 772 mln pounds to Egypt’s coffers
by Yomna Yasserby Yomna YasserTotal custom duties and the value added tax, among other duties, collected on cars, buses, and their …
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Industry & Trade
Honda Egypt recalls auto models over airbag defects
by Yomna Yasserby Yomna YasserHonda Egypt, in collaboration with Consumer Protection Agency (CPA), started Wednesday recalling several models of cars to …
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Industry & Trade
Egypt suspends customs deductions on EU-imported cars in 2018
by aya salahby aya salahEgypt suspends the application of the annual cuts on tariffs of vehicles imported from the European Union …
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Industry & Trade
Egypt’s customs tax of imported cars to fall by 80% next January
by Yomna Yasserby Yomna YasserHead of Egypt’s Customs Authority Magdy Abdel Aziz said Sunday that the customs tax on cars, which …