24 Nov 2015

Egypt’s GB Auto pushes ahead with expansion programme

Egypt’s largest car assembler and distributor GB Auto says it is pushing ahead with its expansion plans and urged for the government support. Strong demand enabled the company to post a near 90 per cent increase in profit in the third quarter, Chief Executive Officer Raouf Ghabbour said.

The company, which operates five plants employing almost 3,000...

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23 Nov 2015

Egypt’s GB Auto urges support for industry to avert future crisis

Egypt’s largest car assembler and distributor GB Auto says it is pushing ahead with its expansion plans despite a dollar shortage that disrupted production this year, and urged the government to support manufacturing to avert future crises.

GB Auto was forced to halt production for 20 days in September and October because a shortage of dollars and...

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18 Nov 2015

Dubai Desert Extreme Ranks Third Among Top 100 SMEs in Dubai

Dubai Desert Extreme (DDE) has yet again been recognized for its excellence in business by Dubai SME, an agency of the Department of Economic Development (DED). The company ranked third among the Top 100 SMEs in Dubai by Dubai SME.


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17 Nov 2015

AOI to supply army with 250 vehicles by year-end

Kader Factory for Development Industries, affiliated with the Arab Organization for Industrialization (AOI), intends to construct about 250 vehicles for the young graduates of the armed forces before the end of 2015.


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10 Nov 2015

Interior Ministry cooperates with Autocool to air-condition detention cars

The Ministry of Interior plans to create a protocol with Autocool Company to manufacture air conditioners for detention cars with ventilation systems, according to the company chairman Hamdy Abdul-Aziz.


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09 Nov 2015

The Hytera-Supported Pegasus Racing Ranks 5th in Shanghai 6 Hours of 2015 FIA World Endurance Championship Season

Shanghai 6 Hours, the penultimate round of 2015 FIA World Endurance Championship (FIA WEC) season, concluded at the Shanghai International Circuit on November 1st.

The #29 Morgan-Nissan of Pegasus Racing, which"...

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06 Nov 2015

Death Toll from Burst Tires Decreases by 58% over Five Years in Abu Dhabi

According to Brigadier Khamis Ishaq Mohammed, Deputy Director of the Traffic and Patrols Directorate at Abu Dhabi Police, roads accidents caused by tires bursts have decreased by 49 per cent over the past five years (2010-2014) in Abu Dhabi. Deaths and serious injuries caused by tire bursts"...

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03 Nov 2015

New instructions to sell used cars away from general public: Sultan

The newly-issued tax accounting instructions were anounced because of the inconsistencies in tax treatment between industrial companies and used car dealers, and do not apply to the general public and ordinary citizens, Chairman of Central Department"...

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31 Oct 2015

Egypt's GB Auto resumes production after 20-day stoppage

Egyptian auto distributor GB Auto has said that production at some of its factories was halted for 20 days during September and October due to delays in supplies but is now back on track. "GB Auto factories faced some turbulence in production during September and October due to delays of production input shipments which have led to the halting of production...

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