Nine companies that produce automobiles and two-wheelers have received licences to produce three wheelers (tuk-tuks) from the General Authority for Industrial Development. These companies include GB Auto (AUTO.CA), Modern Motors (distributor of Suzuki), Al Almal for Automotive (distributor of Lada and BYD), Engineering Manufacturing Company and Mobica for Advanced Industries. (Al Mal) GB Auto: EGP2.58 as of 1 June 2016, Rating: Buy, FV: EGP4.30 per share, MCap: USD318 million, AUTO EY / AUTO.CA
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