{"id":649738,"date":"2017-03-07T04:38:03","date_gmt":"2017-03-07T04:38:03","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/07\/egyptian-kuwaiti-company-for-castings-injects-usd-30-mn-in-car-brakes\/"},"modified":"2017-03-07T04:38:03","modified_gmt":"2017-03-07T04:38:03","slug":"egyptian-kuwaiti-company-for-castings-injects-usd-30-mn-in-car-brakes","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/07\/egyptian-kuwaiti-company-for-castings-injects-usd-30-mn-in-car-brakes\/","title":{"rendered":"Egyptian Kuwaiti Company for Castings injects USD 30 mn in car brakes"},"content":{"rendered":"<p>Automotive supplier Egyptian Kuwaiti Company for Castings will invest USD 30 mn in an automotive castings plant to manufacture brakes, Vice Chairman Ahmed Fikry Abdel Wahab told <a href=\"http:\/\/www.almalnews.com\/Pages\/StoryDetails.aspx?ID=325026\">Al Mal<\/a>. The factory will be operational by the end of the year and targets tripling the company's production to 3 mn disc brakes annually, Abdel Wahab said. Egyptian Kuwaiti Company for Castings (also referred to as <a href=\"http:\/\/english.mubasher.info\/news\/2249503\/Kuwait-Foundry-founds-100-mln-unit-in-Egypt\">Egyptian Kuwaiti Foundry<\/a>) is a <a href=\"http:\/\/english.mubasher.info\/news\/2621537\/Kuwait-Foundry-cuts-Egyptian-for-Castings-stake-to-50-\">joint venture<\/a> between the Egyptian German Automotive Company, the National Automotive Company, and Kuwait Foundry Company.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Automotive supplier Egyptian Kuwaiti Company for Castings will invest USD 30 mn in an automotive castings plant to manufacture brakes, Vice Chairman Ahmed Fikry Abdel Wahab told Al Mal. The factory will be operational by the end of the year and targets tripling the company's production to 3 mn disc brakes annually, Abdel Wahab said. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9291],"tags":[2370,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-649738","post","type-post","status-publish","format-standard","hentry","category-automotive-transportation","tag-automotive-transportation","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"6fd630b5-64da-476d-a74f-59079544de1d","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[649701],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Egyptian Kuwaiti Company for Castings injects USD 30 mn in car brakes - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/07\/egyptian-kuwaiti-company-for-castings-injects-usd-30-mn-in-car-brakes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egyptian Kuwaiti Company for Castings injects USD 30 mn in car brakes\" \/>\n<meta property=\"og:description\" content=\"Automotive supplier Egyptian Kuwaiti Company for Castings will invest USD 30 mn in an automotive castings plant to manufacture brakes, Vice Chairman Ahmed Fikry Abdel Wahab told Al Mal. The factory will be operational by the end of the year and targets tripling the company&#039;s production to 3 mn disc brakes annually, Abdel Wahab said. 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