car prices

Official denies rumors that car prices will fall by 60% after Egypt joins BRICS
Egypt

Official denies rumors that car prices will fall by 60% after Egypt joins BRICS

An official has debunked reports attributed to the Egyptian Automobile Manufacturers Association alleging a gradual decrease in car prices by…
Here’s why car prices in Egypt are rising
Egypt

Here’s why car prices in Egypt are rising

The Head of the General Automobile Division at the Federation of Egyptian Chambers of Commerce Omar Balbaa outline the reasons…
Car prices expected to rise up to 20% by end of 2022
Egypt

Car prices expected to rise up to 20% by end of 2022

Emerging economies including Egypt were affected by the Federal Reserve’s decision to raise interest rates last week by 0.5 percent,…
Rise in car prices in Egypt due to market monopoly: expert
Egypt

Rise in car prices in Egypt due to market monopoly: expert

The rise in car prices in Egypt is happening in a strange and incomprehensible manner due to the monopoly in…
‘Let it Rust’ causes decline in car prices
Egypt

‘Let it Rust’ causes decline in car prices

“Let it Rust”, a popular campaign calling for the boycott of buying cars that aims to force traders to reduce…
‘Let it rust’ campaign calls for boycott to bring down car prices
Egypt

‘Let it rust’ campaign calls for boycott to bring down car prices

Car prices have soared in Egypt over the past years, prompting a group of frustrated would-be buyers to start a…
Importers: Customs reduction will not affect car prices
Egypt

Importers: Customs reduction will not affect car prices

Prices of European cars are not expected to drop despite the 10 percent reduction of customs starting this month, as…
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