Question
7. Describe how each of the following companies can benefit or lose from an Egyptian pounds or EGP devaluation/crisis: (a) Toyota, which just announced that
7. Describe how each of the following companies can benefit or lose from an Egyptian pounds or EGP devaluation/crisis: (a) Toyota, which just announced that it will establish a factory in Egypt with a production capacity of 100,000 cars annually, to serve the African markets.an market; (b) a Raims, which supplies Italian furniture to Egyptian hotels and resorts; (c) Philip Morris International (PMI) Cairo EG, which manufactures a broad brand portfolio catering to the preferences of adult smokers in Egypt. PMIs brands are distributed throughout Egypt; (d) DBS EGYPT Engineering Company Ltd, which provides infrastructure that facilitates Information Technology & communications coverage and connectivity in countries in Middle-East & Africa; 7. (e) Suez Canal Bank
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