Cairo – Mubasher: The British smart devices company iBrit has signed a partnership with One Trading for Import and Distribution Co. to distribute its products in Egypt.
The agreement included considering the possibility of establishing a mobile phone factory in the North African nation, One Trading said in a statement.
This deal comes within the framework of iBrit’s plan to expand in the Middle East and North Africa.
UK-based iBrit aims to acquire a market share of up to 5% of the Egyptian market through the aforementioned partnership in the first year.