Cairo - Mubasher: The Egyptian minister of the public business sector, Ashraf El-Sharkawy announced that an initial agreement with a Saudi company has been reached for it to begin manufacturing in Egypt, in cooperation with El Nasr Pharmaceutical Chemicals.

The agreement aims at producing new products for the Egyptian market, as the Saudi company will work on renovating some of the current production lines, as well as adding new lines for introducing new products.

The minister said that all the needed studies will be carried out to be sure of the current status of the factories and production lines, before it is developed and renewed with new investments, with a coordination between all involved parties.