Himile Group to Invest $100m in Egypt’s Automotive Feeder Industry

China’s Himile Group plans to invest $100 million in a new 100,000 sqm tire mold manufacturing facility in Egypt, marking a first-phase foreign direct investment aimed at serving regional and global markets. The project, reviewed in discussions with Investment Minister Mohamed Farid, will establish Egypt as a strategic export base for high-precision tire molds and […]