GB Auto becomes authorised distributor of Goodyear tyres in Egypt
Regarding the near-term financial impacts, Naeem Research expects the new agreement will…
Egypt’s GB Auto, China’s Higer sign deal for local bus assembly franchise
Higer and GB Polo expected to drive localisation of electric, diesel, and…
EFG Hermes, GB Auto complete majority acquisition of Tokio Marine Egypt Takaful
Acquisition completes two companies’ full suite of NBFI services, including leasing, microfinance,…
GB Auto profits jump in H1 2020, despite fall in revenues
In a statement on its consolidated financial statements sent to the Egyptian…
GB Auto sees 3.1% decline in March market shares
Company’s March market share declines to 17.2%, passenger car sales rose 16.5%…
GB Auto sales slow down due to temporary licencing suspension
Company freezes all planned capital expenditures for 2020
Unfavourable regulatory developments hamper GB Auto’s profits
Financing business bottom line hits all-time high
GB Auto to discontinue Hyundai representation in Iraq
Management decides to continue operations until mid-2020
EFG Hermes, GB Auto to acquire majority stake in life insurance Tokio Marine Egypt Family Takaful
Under agreement, which is subject to regulatory approval, EFG Hermes Finance and…
GB Auto aims to sell 5,000 Arrizo cars, introduce new models in 2020
Consumer is key in digital transformation process; most important preparations are raising…