Riyadh - Sharikat Mubasher: Saudi-based Al Mousa Specialized Cables (MSC) plans to implement a factory for cable production in Egypt with 50 million Euros worth of investments.
A source with knowledge who refused to reveal his identity told Asharq Business that the factory will be constructed within two stages on 40,000 square-meter space, with the first stage to start operating by mid of 2025.
This will be the company’s first factory ever in the Egyptian State, after long years of relying on exports from Saudi Arabia into the local market.
A pioneer in the field of distribution of Electrical Cables of all kinds and sizes. Al Mousa Specialized Cables was established in 1994 to cater to the Cable requirements in industrial projects across the Kingdom of Saudi Arabia.
