Egypt is expanding its automotive industry following a series of new developments aimed at boosting domestic production capacity.
Egypt is expanding its automotive industry following a series of new developments aimed at boosting domestic production capacity.
Egypt’s economy maintained a strong rate of growth throughout 2018 on the back of increased gas production, with ongoing fiscal reforms helping to reduce the budget deficit and provide a strong platform for future expansion.
Fluctuations in market conditions and an increase in geopolitical tension over trade have seen Egypt delay the sell-off of shares as part of its public offering programme (POP).
Egypt has taken a major step towards reasserting itself as a regional energy hub, halting the import of liquefied natural gas (LNG) following a recent surge in domestic gas production.
Egypt is seeking to support small and medium-sized enterprises (SMEs) as a way of boosting growth in agricultural exports following an increase in funding to the sector.
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