Egypt Today A memorandum of understanding (MoU) to build an automotive factory in the Suez Canal Economic Zone (SCzone) was signed on Tuesday. Egyptian Prime Minister Mostafa Madbouly was in attendance. The factory, dubbed EPAZ, would produce 75,000 vehicles a year in the first phase of operations. It is a …
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Russia targets vehicle joint production in Egypt
Egypt Today “Russia is committed to expanding industrial partnership with Egypt in the automobile industry”, said Russia’s Minister of Trade and Commerce Denis Manturov at a meeting of the Egyptian-Russian Governmental Committee on Thursday. “It is really important to hold talks not only on providing equipment, but also to address …
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