Egypt allocates EGP 1.5bn to accelerate automotive industry in FY2025

[Daily News Egypt - Egypt] - 6/07/2025
Egypt has allocated EGP 1.5bn in its 2024/2025 state budget to advance the localisation of its automotive industry, a strategic move underscored by the inauguration of Sumitomo’s largest global factory for automotive wiring harnesses in 10th of Ramadan City. The Japanese manufacturer’s new (…)
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