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Egypt, UK's steel firms ink USD18m deal
(MENAFN) An agreement worth USD18 million has been closed between six Egyptian firms and a British company in the field of metal forming.
Reports show that the contract was for five years, depending on the Egyptian partners' commitment to meeting their obligations under the arrangement.
Three more British firms and two companies from Libya are seeking to do business with a number of Egyptian factories, hoping to buy electrical and household appliances from Egypt.
The Egyptian businesses involved are Milad Trading Company; Duara Corporation; Alex Metal Forming Firm; Ahram Security Group; Alnaguly Company; and Comex Group.
Reports show that the contract was for five years, depending on the Egyptian partners' commitment to meeting their obligations under the arrangement.
Three more British firms and two companies from Libya are seeking to do business with a number of Egyptian factories, hoping to buy electrical and household appliances from Egypt.
The Egyptian businesses involved are Milad Trading Company; Duara Corporation; Alex Metal Forming Firm; Ahram Security Group; Alnaguly Company; and Comex Group.
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