Latest in Tag: GB Ghabbour Auto Highlight

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Latest in Tag: GB Ghabbour Auto

2017 to witness deflation in car sales, to increase in H2: Ghabbour

The negative impact of the Egyptian pound’s flotation on the automotive sector is not tangible yet, said chairperson of the board of directors at GB Ghabbour Auto, Raouf Ghabbour. He added that the decision reduced the value of Egyptians’ reserves in banks by almost 50%. He believes that the main problem is that Egypt’s economy …

Hisham Salah

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