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GB Auto market share declined to 13.9%, down from 19.5% in April
Online transactions boost El Attal’s sales during pandemic, says CEO
Car sales nationwide have been negatively impacted by curfew and the halt licensing new vehicles between 19 March and 24 April.
El Shehry added that the local real estate market remains, so far, unaffected by the ongoing pandemic. He highlighted that, although there had been a slowdown in sales, companies have yet to record losses or a halt in sales.
Company intends to develop property projects in coming period, enter partnerships to develop commercial and hotel projects
The contracts for educational zone facilities, social and sports club, retail centres, the medical zone, the hotel area, and many other vital services are being finalised, and these services will be announced during 2020.
Company to launch new online selling platform
Interest rate cut would increase local investment by 70%, says El-Bahay Holding chairperson
State revenues from mining activities increase to $60m, says source
The roundtable will tackle new mechanisms of developing tourist real estate projects, international standards of this kind of projects, marketing of tourism projects, increasing tourist arrivals in Egypt.
Company will deliver 8 residential buildings during current year
Market does not face real estate bubble, says Moustafa
Palm Hills Developments has achieved EGP 12.5bn sales in its project with an increase of 18% Y-o-Y, according to consolidated financial statements for the last quarter (Q4) of 2018. The statement said that the company has succeeded in selling 3,102 units in fiscal year (FY) 2018, compared to 2,136 units in FY 2017. The company …
Construction of 7 production lines with investments of $12m to start in Q2 of this year
Passenger cars priced between EGP 200,000-300,000 marked highest sales’ percentage 35,3%: AMIC
Company invested EGP 250m for packhouses, cold stores, with 300 tonnes daily capacity, to propel exports worldwide
Huawei continues to march towards top with 17.3% share
Celia main driver behind TMGH sales boom, Gouna occupancy, Makadi project boosted ODE’s performance, says Beltone
We aim to be among top three smartphone sellers in world by 2022, says Baigong
Tecno Mobile acquired a market share of about 7% in Egypt at the end of 2017, the company’s marketing department director, Mahmoud Taha, said. He expected that Tecno’s sales will witness growth in the next period, supported by the company’s new partnerships with Telecom Egypt and Orange Egypt. Tecno Mobile is a subsidiary of Transsion …
eMarketer published a list of the countries projected to achieve the fastest growing sales via e-commerce this year and the coming two years. The list is comprised of 15 countries. According to the report, India topped the list of countries expected to achieve strong growth in the e-commerce market. The report predicted India will mark …
Production line established for packaging to reduce production costs
El Sakya for Agricultural Development aims to achieve sales of EGP 38m this year. Moaz Abdullah, general manager and managing director, said that the company achieved sales of EGP 27m last year. He added that the company is seeking to increase its volume of imports by 15% this year and introduce new vehicles, noting that …
Shops are in sales since the beginning of January
Company cash dividends expected to decrease in coming years
Company’s revenues climbed to EGP 6.06bn versus EGP 4.9bn in 2016
$41.5bn worth of smartphones sold in Middle East, Africa
Only about 10% of displayed winter clothes have been sold, says head of FEDCOC ready-made clothes sector
Televisions sales in the Egyptian market reached 100,000 devices in September, according to the German market research institute GfK, while Samsung topped the market with a share of 35% maintaining its top spot in the Egyptian market. “The Samsung screen factory in Beni Suef has contributed significantly to launching products with world-class technology at competitive …
32% discount on the paying unit’s price in cash, says Salama