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FINANCIAL NEWS
IDA-Egypt to develop motorcycle industry
08 Mar 2016
(MENAFN) The Transportation Division of the Chamber of Engineering industries and the Industrial Development Authority (IDA-Egypt) plans to improve the motorcycle industry.
Moreover, parties are seeking to establish a clear strategy to manufacture motorcycles regionally, rather than importing production components.
Additionally, Egypt plans to move components of it’s automotive industry to Morocco, which seeks to link IDA with the General Authority of Traffic.
The Ministry of Industry and Trade proclaimed it will expose the plan for the automotive industry soon and to set local to global manufacture ratio at 60 percent.
More News
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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