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BSH company establishes 1st African factory in 10th of Ramadan City

During the meeting, El-Khatib highlighted the progress of the company’s initiative to produce stoves under the Golden License system.

Egypt apparently has a plan to buck such a raw material export trend, and cotton is coming at the centre of such an endeavour.

The decline was aided by subdued client demand and mounting inflationary pressures, exacerbated by a depreciation in the Egyptian pound.

“In textiles, almost everyone is heading to Egypt, examining opportunities, and making investment decisions.

Despite fluctuations in imports, the growth in domestic sales highlights the resilience of Egypt’s automotive market amid economic challenges.

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