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FINANCIAL NEWS
Egypt’s car sales to drop 15 percent in 2015
08 Dec 2015
(MENAFN) Egypt is expected to witness a 15 percent decline in auto sales for the whole 2015 compared to the previous, hitting an overall 279,340 units.
In spite the fall, 2015 sales are still more than the sales reported from 2009 to 2013, let alone the forecast anticipates a 7 percent increase in bus sales.
Moreover, 127,700 locally produced cars are anticipated to be sold versus 144,600 cars in last year, presenting a deterioration of 11.69 percent.
Experts stress that the government must realize the importance of the automotive sector because it provides the treasury with direct custom fees.
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BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
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BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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