Japan’s Toshiba eyes new investments in Egypt

Cairo – Mubasher: Tokyo-based Toshiba Corporation seeks to boost investments in Egypt over the coming period through its Egyptian subsidiary, Al Arabi Group.

Al Arabi Group is the Japanese company’s first partner in the North African nation, which have caused a technological leap in the Egyptian market, vice chairman of Al Arabi Group Ibrahim Al Arabi told Shorouk News.

The group has become the main sponsor for transferring the Japanese and international technologies in the electronic field to Egypt, he highlighted.

A delegation from Al Arabi Group has visited Toshiba last week to extend their 40-year partnership.

Both parties have signed a number of agreements during the visit that will witness further mutual collaboration in the industrial and technological field.

Mubasher Contribution Time: 27-May-2018 09:58 (GMT)
Mubasher Last Update Time: 27-May-2018 10:45 (GMT)