Egypt’s Minister of Industry and Trade Tarek Kabil announced that two major Indian and Indonesian companies have expressed their intention to inject new investments into the Egyptian market in the information technology, automotive, and petrochemical industries. This came amid a series of meetings held by the minister with a number of major international companies participating at the World Economic Forum held in Davos, Switzerland, which is scheduled to end on Friday. He added that Hinduja works in different sectors, including finance, banking, transport, energy, information technology, health, media, communications, and real estate development. There are more than 90,000 workers and employees in the company’s branches in major cities around the world, with a business volume of $16bn annually. He pointed out that the company owns several projects in West Africa and the sub-Saharan countries, which represent a great opportunity to engage with these countries’ markets.

Source: Daily News Egypt January 19, 2017 13:56 UTC