Samsung raises investments in Egyptian market to over US$84 million

Samsung raises investments in Egyptian market to over US$84 million

Samsung Egypt plans to inject new investments in the Egyptian market over the next five years, valued at US$84 million, and also plans to open a new computer screen production line in August to raise its investments in Egypt during 2020 to $23 million.. Injecting new investments affirms the success Samsung has achieved in Egypt since establishing a factory in Beni Suef, Kwon stated.. Samsung's expansions will deepen the company's ability to manufacture computer screens in Egypt, export them to the European Union countries, and add new production lines with advanced technology, Abdel-Wahab said.. Egypt opens investigation into physician's death due to coronavirus.