GB Auto (Auto.CA) inaugurated the new Margham service centre in Alexandria, built on a 25,000sqm area with EGP100mn worth of investments. According to the company’s CEO, Raouf Ghabbour, the integrated Margham centre includes a showroom on an area of 1,150 sqm, for Hyundai models. The centre includes a workshop, on an area of 5,000 sqm, with a capacity of 120 cars per day, to carry out maintenance and mechanical works, in addition to painting and repairing car bodies. The Margham centre also includes a storage area for spare parts on 684sqm. Ghabbour further added that the company is targeting to open nine new service centres over the coming three years, which will be established in Beni Suef, Minya, Damietta, Marsa Matrouh, Luxor, Aswan, and Mansoura. (Daily News Egypt)   GB Auto: EGP2.06 as of 11 October 2016, Rating: Buy, FV: EGP3.80 per share, MCap: USD254mn, AUTO EY / AUTO.CA