GB Auto (AUTO.CA) is looking to resume negotiations with international companies to build a new tire factory in Egypt. According to Chief Investment Officer Mena Sade, negotiations with technical partners are expected to start in 2018, with the factory to be built over two and a half years at a total investment cost of USD600mn. On another note, GB Auto’s new USD60mn motorcycle and three-wheeler factory is progressing as planned and is expected to start production in 1Q18. The company is yet to reach a final agreement with Trinco to supply the motorcycle factory with tires. (Al Mal)   GB Auto: EGP3.11 as of 22 Feb. 2017, Rating: Buy, TP: EGP3.80/share, MCap: USD216mn, AUTO EY/AUTO.CA