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Egypt reveals plans for electric cars, 3,000 charging stations

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Egypt reveals plans for electric cars, 3,000 charging stations

CAIRO: Egypt is poised to sign a deal that will see the production of electric vehicles in the country, Minister of the Public Business Sector Hisham Tawfik has said. Three companies are currently competing for the right to produce the cars, but the names of these firms were not disclosed by the minister. Tawfik stressed that the state-owned El Nasr Governmental Vehicles ....

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Egypt's dispute with Chinese company stalls electric car production

The manufacture of the first-ever locally made electric car in Egypt has hit a bump due to failed negotiations between the Egyptian Ministry of Trade and Industry and Dongfeng Motor Corporation regarding the agreement to manufacture the E70 electric car. ....

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Egypt Halts Importing Used EVs to Boost Local Assembly

Egypt Halts Importing Used EVs to Boost Local Assembly
Published May 18th, 2021 - 06:00 GMT
The decision aims to spur the development of a local EV industry in cooperation with major international auto companies. (Shutterstock)
Highlights
The ministry asserted that imported EVs must be the latest model.
Egypt’s Trade Ministry decided to stop importing used electric vehicles (EVs) in a move to boost local EV assembly, according to a recent statement by the ministry.
The ministry asserted that imported EVs must be the latest model.
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The decision aims to spur the development of a local EV industry in cooperation with major international auto companies. ....

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Arab Finance - News - Egyptian Iron and Steel to compensate workers

Monday 01/25/2021 12:31:00 PM
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This decision comes following the Minister of Public Business Sector Hisham Tawfik said that EISC’s liquidation is a final decision. In addition, the liquidation ratification by EISC’s general assembly on January 11
th.
Egyptian Iron and Steel, an affiliated company of HCMI, is an Egypt-based public shareholding company engaged in the exploitation, production, and trade of iron and steel products. The company provides two product segments, major products, and other Products.
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