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Gesture aims to mitigate traffic accidents which have been raised recently
The three-wheeled vehicle has become the sole income of some families, and the only affordable transportation for a wide segment of citizens, but resulted in more crime and constant breaking of traffic laws
The company relocated its Iraqi team to Cairo to reduce fixed expenses until conditions in the Iraqi market improve
It plans to begin construction of its new factory in March or April
E-Finance targets achieving EGP 600m in revenues by the end of the year, says Sarhan
Automotive company undertakes negotiations in cooperation with major supplier to commence with establishing factory within a month
The ambassador noted that Indian investments in Egypt recently reached nearly $2.5bn via more than 50 companies operating in major cities, namely Alexandria, Suez, Ain El-Sokhna, 6th of October and the 10th of Ramadan.