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Wednesday, 31 August 2016

What we’re tracking this week

El Sisi to visit India, China: President Abdel Fattah El Sisi is expected to make a stop in India on a state visit tomorrow en route to the G20 summit in China, which will take place next week. India is proposing several projects, says Egyptian Indian Business Council head Khaled Abou El Makarem, including a medical city “three times the size of Kasr El Eini” that includes a university, a nursing institute, and a hospital, Amwal Al Ghad reported. The proposed location is in the Administrative Capital, he added. Other projects include an Indian University, an electronics and mobile phone factory with Lava International, a tractor factory, a tuk tuk factory (presumably GB Auto’s manufacturing plant, expected to see tech licensed from Bajaj), as well as petrochemical and food industry projects, said Abou El Makarem.

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