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Transportation Sector

Auto market sees continued recovery as April sales surge

The latest figures point to sustained recovery in the market, which began regaining momentum in February after a sharp 22.0% decline in January

Auto market continues recovery with strong March sales

This marks a modest increase from February’s 10,600 units and signals a continuation of the sector’s recovery that began after a steep January decline.

Auto sales drop in January by 22% MoM, ending four-month rebound

This decrease marks the end of a four-month recovery in vehicle sales that began in October 2024, following a brief two-month slump after a period of growth from April to July.

New initiatives supporting NatGas adoption and electric vehicles on the way | FinMin

These initiatives are part of a broader effort to support the transition to greener, more economical transportation solutions, and to boost sustainable economic growth, according to an official statement on Tuesday.

InvestmentMin meets with automotive industry representatives to promote localization

During the meeting, Investment Minister El-Khatib emphasized the government's deep commitment to the automotive sector, recognizing its key role in attracting foreign investments and promoting industrial growth.