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Aeolus to Invest $395 Million in Egypt Tyre Manufacturing Expansion

Summary by meobserver.org
Chinese tyre manufacturer Aeolus Tyre Co., Ltd. plans to invest nearly $395 million in a major tyre manufacturing project in Alexandria, reinforcing Egypt’s growing role as a regional industrial and export hub serving African, Middle Eastern, and European markets. The project will be developed through a new joint venture linked to Prometeon Tyre Group’s existing […] The post Aeolus to Invest $395 Million in Egypt Tyre Manufacturing Expansion app…
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meobserver.org broke the news on Thursday, May 21, 2026.
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