General Motors May Invest More In Egypt - NewsBreak

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By Bryan in Business
Updated 3 years ago

General Motors may be looking to expand its operations in Egypt. According to a recent report from the Egyptian business publication Enterprise, General Motors President and Managing Director, Middle East and Africa, Luay Al Shurafa, recently met with Egyptian Trade and Industry Minister Nevine Gamea to discuss a possible expansion by General Motors in the region. The discussions included dialogue pertaining to how the automaker's expansion plans could complement Egyptian Prime Minister Mostafa Madbouly's desire to increase car exports and localize electric vehicle production.

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