}

Egypt, Jiangsu Changhong pen MoU for automotive engineering base

Egypt’s Ministry of Industry, the Sovereign Fund of Egypt (TSFE), and Chinese smart-equipment manufacturer Jiangsu Changhong Intelligent Equipment Co., Ltd. have inked a memorandum of understanding (MoU) to establish an industrial and engineering base for planning and building automotive and other transportation factories in Egypt.

What are your expectations for Egypt’s inflation trend in H2 2026?