Sections
BusinessRegulation Regulation
View allState institutions
Industries
View all Enterprise for your industry
View all Explainers
View allabout
Privacy&Support
Get Enterprise daily
Available in your choice of English or Arabic
Search Results for:
Filters
|Showing 51 Results
Publication
Date
- automotive (19)
- BMW (12)
- EVs (7)
- SPEED ROUND (7)
- FOR YOUR COMMUTE (6)
- WHAT WE’RE TRACKING TODAY (6)
- Global Auto Group (5)
- M&A Watch (5)
- WHAT WE’RE TRACKING TONIGHT (5)
- tourism (5)
- Auto Mobility (4)
- Manufacturing (4)
- ALSO ON OUR RADAR (3)
- Apple (3)
- Bavarian Auto Group (3)
- Climate (3)
- Education (3)
- Geely (3)
- Germany (3)
- Israel (3)
- Moustafa Madbouly (3)
- Palestine (3)
- climate change (3)
- customs (3)
- diplomacy (3)
- energy (3)
- investment watch (3)
- Automotive + Transportation (2)
- Contact Financial (2)
- Donald Trump (2)
- FDI (2)
- Facebook (2)
- Finance (2)
- Fintech (2)
- GAFI (2)
- Israel-Palestine conflict (2)
- LAST NIGHT’S TALK SHOWS (2)
- THE ENTERPRISE GUIDE (2)
- THE WEEK IN REVIEW (2)
- US (2)
- agriculture (2)
- banking (2)
- carbon footprint (2)
- dispute watch (2)
- foreign exchange (2)
- going green (2)
GOING GREEN | EnterpriseAM
Gov’t wants to do away with Chinese EV chargers to unify infrastructure
... including certain Mercedes and BMW models manufactured in China and brought in via distributors or personal imports and Volkswagen’s ID4 and ID6.EV infrastructure investments may also be delayed on the back of the uncertainty, as the sudden policy shift puts significant infrastructure investments at risk, according to head of the Clean Energy Committee at the Cairo Chambers of Com...
Tuesday, 13 May 2025
MOVES | EnterpriseAM
Al Safy-El Nasr alliance names Yehia A. Halim as SN Automotive CEO
... experience from roles at Toyota, Audi, BMW through the Bavarian Auto Group, Nissan, and Renault in Egypt, in addition to stints with Hyundai in Saudi Arabia and Cadillac in the UAE. “Our goal is to deliver vehicles that not only offer competitive pricing but also meet the aspirations of Egyptian customers seeking performance, quality, luxury, and efficiency,” A. Halim said. “Our a...
Sunday, 27 April 2025
THE WEEK IN REVIEW | week end
Growth picks up to 4.3% in 2Q FY 24-25
... wiped off shares in Volkswagen, BMW, Mercedes-Benz, and Porsche on Thursday, while Japanese stocks lost USD 16.5 bn overnight.The move sparked backlash and threats of retaliation from foreign governments. European Commission President Ursula von der Leyen slammed the tariffs as "bad for businesses, worse for consumers," while Canadian Prime Minister Mark Carney described the move ...
Friday, 28 March 2025
WHAT WE’RE TRACKING TONIGHT | EnterprisePM
We’re on track for a EUR 4 bn financing agreement with the EU
... like Volkswagen, Porsche, and BMW saw substantial stock declines as bns of EUR were wiped from German auto stocks. Asian automakers were also hard-hit, including Japan’s Toyota and Honda, South Korea’s Kia Motors, and China’s Nio and Xpeng.The move sparked backlash and threats of retaliation from foreign governments. European Commission President Ursula von der Leyen condemned th...
Thursday, 27 March 2025
FOR YOUR COMMUTE | EnterprisePM
You can charge your EV in five minutes now… well, China can
... 500kW. Nissan is joining Ford, BMW, and Honda in developing ChargeScape, to improve EV charging, integrate smart grid tech, and enable vehicle to grid (V2G) charging to cut costs and boost grid stability.Still deliberating whether or not investing in an EV is the right move? Check out our guides on the benefits and challenges of owning an EV, and what to look for to make an inform...
Wednesday, 19 March 2025
FOR YOUR COMMUTE | EnterprisePM
The imminent downfall of Elon Musk
... as traditional automakers like BMW and Mercedes foray into the industry and aggressive Chinese competitors impress the market. The plummeting Tesla stock has cost the oligarch USD 102 bn of his net worth just this year, reports Business Insider.The cracks extend throughout Musk’s portfolio. X, formerly known as Twitter, was once hailed as the online town square. Since Musk’s USD 4...
Monday, 10 March 2025
INVESTMENT WATCH | EnterpriseAM
Organi Group eyes USD 1 bn in auto, tourism investments over the next five years
... Auto Group, the local agent of BMW and Mini.With the official opening of the factory, came news of two new locally-assembled models to soon hit the market, with the Chinese auto giant’s Emgrand 7 and Coolray models to be start being delivered to customers in February, Automobility Managing Director Osman Abdel Moneim announced at a press conference announcing the launch attended b...
Thursday, 16 January 2025
AUTOMOTIVE | EnterpriseAM
China’s Geely and local partner Auto Mobility to kick off local auto assembly starting today
... Auto Group, the local agent of BMW and Mini.The new factory is hoping to export 30k vehicles while also meeting local demand, but no overall annual production capacity target was provided. Whatever the production capacity number is, Geely Holding Group’s vice president indicated the company’s willingness to increase production further and establish Egypt as an important export bas...
Wednesday, 15 January 2025
THE ENTERPRISE GUIDE | week end
The guide to going electric
... Group is the official importer of BMW models in Egypt.MG-MG4 2024 Standard: EGP 1.4 mn — range: 350 kmMG4 2024 Luxury: EGP 1.7 mn — range: 450 kmWhere to buy:Mansour Automotive is MG’s official agent.VOLVO-EX30 2025 Single Core: EGP 1.9 mnEX30 2025 Single Plus: EGP 2 mn EX30 2025 Single Ultra: EGP 2.2 mnEX30 2025 Twin Plus: EGP 2.2 mnEX30 2025 Twin Ultra: EGP 2.3 mnRange: Single m...
Friday, 13 December 2024
WHAT WE’RE TRACKING TODAY | EnterpriseAM
Madbouly warns of entering a “war economy” mode
... Major global players like Tesla, BMW, Mercedes, BYD, and Renault will showcase their latest electric vehicle models. Attendees will also have the chance to test drive EVs and experience cutting-edge technology firsthand through interactive exhibits. Free registration is available on the event’s official website.#2- It’s day one of the Egy Health Expo, set to kick off this morning ...
Thursday, 10 October 2024
WHAT WE’RE TRACKING TODAY | EnterpriseAM
No more long bank queues
... Sales of EVs are up sharply at BMW — and the Bavarian carmaker saw its margins collapse in 1Q as a result, reports Germany’s Handelsblatt. The culprit? Competition is rising in a softening market in which many players have tons of excess product, forcing it to cut selling prices. A lot of that oversupply is coming from China, where companies are now pushing EVs on other markets — ...
Thursday, 9 May 2024
MY MORNING ROUTINE | EnterpriseAM
My Morning Routine: Osman Abdelmoneim, managing director of Auto Mobility
... starting with an internship at BMW in the UK. After 22 years with BMW, I spent three years with Contactcars.com, before returning to Egypt. Now I represent the Geely brands, with a focus on local distribution and manufacturing.Auto Mobility is a startup, so my responsibilities and focus have been changing over the past eight months. Initially, my time was spent on bui...
Thursday, 15 February 2024
FOR YOUR COMMUTE | EnterprisePM
Succession, The Bear, and Beef make it big in the Emmys. PLUS: EV batteries won’t be improving drastically any time soon
... joint development agreement with BMW, explains the article.Toyota joined the race last June, saying that a durability breakthrough meant they could go to market in 2027/2028 with a battery capable of reaching a range of 1k km and a charging time of 10 minutes.VW is holding talks with Blue Solutions, potentially leaving QuantumScape in the dust, Reuters reported earlier this mornin...
Tuesday, 16 January 2024
AUTOMOTIVE | EnterpriseAM
JV plans USD 100 mn investment to localize the production of Geely cars
... Group (GAG), the local agent of BMW and Mini. GAG signed a binding framework agreement in November with the Madbouly government to assemble cars locally, but no further details about the car brand or the location, size, and cost of the project were provided at the time.EVs in the cards? Auto Mobility will start with conventional vehicles, but it will study produci...
Tuesday, 16 January 2024
BUSINESS | EnterprisePM
THIS EVENING: Environment Ministry kicks off garbage collection training program in seven governorates
... (GAG), the agent and importer for BMW and Mini in Egypt, has signed a binding framework agreement with the Madbouly government to assemble cars locally.*** It’s Inside Industry day —your weekly briefing of all things industrial in Egypt. Inside Industry focuses each Sunday on what it takes to turn Egypt into a manufacturing and export powerhouse, ranging from initial investment an...
Sunday, 19 November 2023
AUTOMOTIVE | EnterpriseAM
Global Auto Group signs binding framework agreement to locally assemble cars
... (GAG), the agent and importer for BMW and Mini in Egypt, has signed a binding framework agreement with the Madbouly government to assemble cars locally, according to a cabinet statement on Thursday. No further details confirming the car brand or the location, size, and cost of the project were provided. This isn’t Global Auto Group’s first auto-assembly rodeo: After acquiring the ...
Sunday, 19 November 2023
BUSINESS | week end
IDF find nothing in Al Shifa hospital after their raid + Egypt’s unemployment rises + Fitch Ratings downgraded the credit ratings of three major Egyptian banks
... Group – the agent and importer for BMW in Egypt – has signed an agreement to begin assembling vehicles locally, according to a cabinet statement yesterday. The agreement was signed with the General Authority for Investment and Free Zones (GAFI) and the Finance’s Ministry’s Environmentally Friendly Automobile Industry Fund (EFAIF).AND THERE WAS SOME DEBT-#1- The Central Bank of Egy...
Friday, 17 November 2023
WHAT WE’RE TRACKING TODAY | EnterpriseAM
US ambassador nominee pressed on Gaza aid, human rights
... foreign brands including Apple and BMW. We spoke with CEO Reem Safy for our My Morning Routine column last December.ICYMI- The Sovereign Fund of Egypt has been working to sell at least 10% — and potentially as much as 100% — of Safi under the state’s privatization program. #3- Heliopolis Housing to study bids for EGP 1 bn Granada building redevelopment: State-owned real estate de...
Monday, 23 October 2023
GOING GREEN | EnterpriseAM
France’s Engie has another USD 3-5 bn in investment for Egypt in the pipeline
... green projects. Infinity to charge BMW EVs locally: Global Auto Group, BMW’s agent and importer in Egypt, signed an agreement with our friends at Infinity to charge electric BMWs at its charging stations.
Tuesday, 26 September 2023
ALSO ON OUR RADAR | EnterpriseAM
Infinity to charge BMW EVs in Egypt. PLUS: Africa tariff cuts ratified, onion export ban, another wheat buy, and a West Cairo BRT could be in the making.
AUTOMOTIVE- Infinity to charge BMW EVs: Global Auto Group, BMW’s agent and importer in Egypt, signed a strategic partnership agreement with our friends at Infinity to charge electric BMWs at its charging stations, the companies said in a joint statement (pdf) yesterday. Remember: Infinity is planning to increase the number of charging stations to 300 and charging point...
Thursday, 21 September 2023
THE ENTERPRISE GUIDE | week end
So, you want to buy a new car — do you have any options at all right now? Here’s the state of play as of February 2023.
... backlogs, Kotb said. Others, including BMW, which recently restarted assembling cars in Egypt after Global Auto got the exclusive rights from BMW Group, are taking bookings six months ahead, two industry insiders told us. Want a specific (fully assembled) car that’s not available — and fast? Some dealerships allow you to pay in USD in return for completely built cars ...
Friday, 17 February 2023
ALSO ON OUR RADAR | EnterpriseAM
Nigerian fintech Flutterwave enters Egypt
... said.NBFS- Contact partners with BMW’s local agent: Contact Financial will offer car financing and ins. to customers of Global Auto Group, BMW’s new agent and importer in Egypt, according to statements out yesterday (here and here — pdfs).REFRESHER- Global Auto in January started assembling BMWs in Egypt for the first time in five years, soon after BMW Gr...
Thursday, 9 February 2023
BUSINESS | EnterprisePM
A new subsidized loan program for industry and agriculture could be a lifeline for struggling businesses
... the new agent and importer for BMW in Egypt — has begun assembling BMWs in Egypt.Five local and international consortiums have submitted offers to establish three cooking oil complexes with investments of up to USD 321 mn.A syndicated loan for Qena industrial complex: An alliance comprising Emirati fertilizer company CFC Group’s Egyptian subsidiary CFC Feed and Chemicals and local...
Sunday, 22 January 2023
ALSO ON OUR RADAR | EnterpriseAM
Local BMW assembly is back, courtesy of Global Auto Group
... the new agent and importer for BMW in Egypt — has begun assembling BMWs in Egypt, Chairman Fahad Alghanim said during a presser yesterday, according to Al Mal. The company has started with the luxury SUV BMW X5 model at its Sixth of October plant and plans to start production of other models in the first half of 2023. Alghanim was speaking during the reopening of the ...
Thursday, 19 January 2023
CEO POLL | EnterpriseAM
Make local investors happy and the foreigners will come, says Moataz Sedky, general manager of Travco Holidays
... abroad in factories for brands like BMW in Germany. Targeting certain markets to penetrate them can unlock huge massive remittances when those talents end up transferring money from abroad into Egypt.E- Why are exports and FDI the way forward?MS- If you start with something like airports, you’ll see that here in Egypt, we have the lousiest duty-fr...
Monday, 12 December 2022
