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The German-Arab Chamber of Industry and Commerce is in talks with Engineering Export Council to import Egyptian automotive components, says CEO
“If I can’t transfer my profit back, why should I invest,” says German-Arab Chamber of Industry and Commerce chairman Ulrich Huth
You can’t blame the political turmoil entirely as a reason. What we are experiencing here is a weakness that was in the Egyptian economy before 2011.
Mining, machine manufacturing and training are among the top sectors German investors would be interested in.