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El-Sayyed Ahmed

El-Sayyed Ahmed latest

Korean cars topped sales in the second-hand market, acquiring 50% of sales, followed by Japanese cars with 30% of sales. (Shutterstock)
May 19th, 2016 - 10:00 GMT

Egypt's foreign currency crisis drives second-hand car prices up 50 percent

A shortage in supply of new and used cars coupled with increased demand has led to skyrocketing prices in the second-hand car market.
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