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#local products

Three major mobile phone factories have recently started production in Egypt with a total investment of EGP 2 billion (USD 64.7 million), according to a press release from the Ministry of Communications and Information Technology. The factories will produce Vivo, Nokia, and Samsung devices. The combined annual production capacity of these factories aims to reach 20 million mobile devices. The move intends to “deepen local manufacturing” and ”serve as a regional hub for manufacturing and exports to the Arab and…