car industry
The minister affirmed the state's interest in the industrial sector, supporting partnership with the private sector, and opening the way for foreign investment.
The two companies conducted meetings with the federation’s board last month to assess the local economy to pump investments in Egypt.
The ministry intends to develop all its companies to increase productivity, improve quality and competitiveness through the partnerships with private companies.
EU anti-trust regulators have raided the offices of BMW in Munich, the company said, a fresh blow to the German car industry already hit by the Dieselgate scandal.
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