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Prime Minister Mostafa Madbouly on Wednesday attended the signing ceremony for a contract to establish a tire manufacturing factory at the Sokhna Industrial Zone in the Suez Canal Economic Zone, with investments of one billion euros.
Enso Tyres Ltd., a British engineering startup developing tires for electric-vehicle applications, has struck an off-take production deal with Algerian tire maker Iris Tyres.
Registration is open for the International Tire Exhibition & Conference, the largest tire manufacturing show in North America.