Military Production Minister Mohamed El Assar discussed establishing a solar panel factory in cooperation with China’s GCL Group during a meeting in China yesterday with the company’s chairman, Al Ahram reports. The ministry had previously announced its intention to construct a solar panel factory, and had said in March that it was evaluating six offers for the project, including one from an unnamed Chinese company.
More from Enterprise
Four foreign funds line up USD 256 mn for Banque du Caire
London’s Redwheel is among the backers, nearly two weeks after…
Inside the financing of Egypt’s IPP boom
The contracts and the resources are proven, so the open…
FRA and EGX eye law change to let LLCs and partnerships set up investment funds
Regulators want to keep Egyptian money from setting up funds…
Egyptian-UK fintech Zeal raises USD 10 mn to back expansion plans
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…