Egypt signs MOU with China’s GCL for $2 bln solar panel factory

CAIRO: China‘s GCL Group has signed a memorandum of understanding (MOUA memorandum of understanding (MoU) is an agreement between two (bilateral) or more (multilateral) parties. It expresses a convergence of will between the parties, indicating an intended common line of action. It is often used in cases where parties either do not imply a legal commitment or in situations where the parties cannot create a legally enforceable agreement... More) with Egypt‘s ministry of military production to build a

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