This was the reason the multinational company of Middle East Specialized Cables Company (MESC)—based in Saudi Arabia—along with Al-Mousa Cables, joined the conference. (Photo by Ahmed Mansour)A recent joint venture between Al-Mousa Cables in Egypt and MESC occurred aiming to strengthen the position of the latter in North Africa. Nasser Abu Al-Haygaa, MESC's sales general manager, believes that Egypt is the largest market in North Africa, and according to him, "I even expect in Africa." In this regard, Hisham Monier, Al-Mousa Cables' vice-CEO, added, "the instability of currency in any economy is not good. He expects that by the end of 2017, Al-Mousa Cables' sales will reach EGP 400m.

Source: The North Africa Journal February 20, 2017 03:47 UTC