Samsung Electronics Egypt’s Exports Hit $700m

by Marwa Mostafa

Chairman Jun Su Jung revealed that Samsung Electronics’ exports from Egypt amount to $700 million during his meeting with Egyptian Prime Minister Mostafa Madbouly.

He added that the company is looking forward to increasing its exports from Egypt by 50% over the coming period.

For his part, Madbouly noted that Samsung Electronics is a vital partner for the Egyptian government, welcoming further investments by the South Korean firm in the Egyptian market soon.

Both sides also mulled over cooperation opportunities during the meeting in the coming period.

 

 

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