Chinese tyre manufacturer Aeolus Tyre Co., Ltd. plans to invest nearly $395 million in a major tyre manufacturing project in Alexandria, reinforcing Egypt’s growing role as a regional industrial and export hub serving African, Middle Eastern, and European markets. The project will be developed through a new joint venture linked to Prometeon Tyre Group’s existing […] The post Aeolus to Invest $395 Million in Egypt Tyre Manufacturing Expansion appeared first on The Middle East Observer .
ADVERTISEMENT

Aeolus to Invest $395 Million in Egypt Tyre Manufacturing Expansion
Related Articles

Piyush Goyal Highlights Initiatives To Boost India’s Global Trade
(MENAFN - AsiaNet News) Union Commerce and Industry Minister Piyush Goyal on Friday highlighted a series of trade, logistics and manufacturing-related initiatives undertaken by the Ministry of ...
Menafn
May 22, 2026

Egypt Condemns Opening of So-Called Somaliland Embassy in Al-Quds
[Shabelle] Cairo -- Egypt strongly condemned the illegal and unacceptable move concerning opening the so-called "Somaliland" embassy in Al-Quds (occupied East Jerusalem) in a blatant violation of international law and relevant international legitimacy resolutions, representing a direct infringement on the legal and historical status of occupied Jerusalem.
Allafrica.com
May 22, 2026
ADVERTISEMENT