UK firm mulls building mobile phones factory in Egypt

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.

Mubasher Contribution Time: 09-May-2018 13:15 (GMT)
Mubasher Last Update Time: 09-May-2018 13:28 (GMT)