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Kuwait Foundry founds $100 mln unit in Egypt

Kuwait Foundry founds $100 mln unit in Egypt
KFOUC
KFOUC
-4.61% 538.00 -26.00

The board of Kuwait Foundry Co. approved establishing a company in Egypt under the name Egyptian Kuwait Foundry Co. (EKF) with $100 million capital.
The board will start taking procedures relevant to establishing the unit .