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The sales in the Egyptian market increased 40% in the first half of 2018 compared to the half of 2017. [18] The best-selling year in the Egyptian automotive industry was 2015, in which 349,100 new vehicles were sold. [19] And the total sales of vehicles in 2005 was 121,437, which was the worst-selling year. [19]
The CASE 30 is an index of the Cairo & Alexandria Stock Exchange in Egypt. It includes the 30 most active stocks in the Egyptian stock market , weighted to their market capitalization. The index was started with a base level of 1000 as of January 01, 1998.
GB Corp is an Egyptian manufacturer of automobiles, buses, trucks and motorcycles located in Cairo. [3] [4]The company was founded in 1960 by the brothers Kamal and Sadek Ghabbour because they realized that the automotive sector was a growing market.
Cairo, the capital of Egypt, is a bustling metropolis that sits on the banks of the River Nile.Home to an estimated 22 million people, the city has more recently expanded into a sprawling jumble ...
Eventually, when Egypt returned to a market economy in the early 1970s, Mansour and his sons were able to return. [1] At that time, General Motors was looking for Egyptian partners to help them expand, and were connected with the Mansour family. The family set up a GM dealership and obtained Egyptian sales rights in 1975. [2]
General Motors has a long history serving the Egyptian market, beginning with the import of vehicles into Egypt in 1922 and later establishing the first Middle East office in Alexandria in 1926. General Motors Egypt was established in 1983 as the first private automotive manufacturer in Egypt and commenced production in 1985. GM Egypt Milestones
Location of Egypt. Egypt is a transcontinental country spanning the northeast corner of Africa and southwest corner of Asia by a land bridge formed by the Sinai Peninsula.Egypt's economy depends mainly on agriculture, media, petroleum imports, natural gas, and tourism; there are also more than three million Egyptians working abroad, mainly in Saudi Arabia, the Persian Gulf and Europe.
With the success of Netflix’s Egyptian horror series “Paranormal” and a slew of streamers such as Viu and OSN seeking locally produced originals, the TV market in Egypt is set to undergo ...