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State electricity companies exchange stagnant spare parts saving EGP 1bn annually

State-run electricity production companies began to exchange unused spare parts in their stores for maintenance, replacement, and renovation works. An official in the ministry of electricity informed Daily News Egypt that the decision aims to ration expenses, control purchases, facilitate spare parts trading, and save time spent in this process. The decision is expected to …

Mohamed Farag

Samsung reduces prices of spare parts

Many smartphone users often suffer from the high cost of repairing phones at certified maintenance centres after the warranty period. Due to the high cost of buying new smartphones, Samsung has lowered the prices of essential spare parts, such as screens and boards. Samsung Egypt revealed the new prices for its smartphone spare parts, after …

Daily News Egypt

Decline in automotive spare parts sales 

Sales of spare parts for cars fell by about 50% over the past two months, after the government’s decision to liberalise the exchange rate in November. Desouky El-Sayed, head of the Spare Parts Division at the Cairo Chamber of Commerce, said that the flotation of the Egyptian pound negatively affected importers and dealers of spare …

Imad Hamdi

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