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In Cairo, German retail giant Metro closed its headquarters, and its only two grocery stores in the capital were shuttered on Friday, a spokesman for the Duesseldorf company confirmed. Amsterdam-based beer-maker Heineken N.V. scaled back its six Egyptian breweries to minimum staff on Wednesday afternoon and raised security. It also sent office workers home near Cairo. The company, which has about 2,200 workers in Egypt, reported no incidents at any of its operations. "Based on today's security assessment our operations in Egypt will remain mostly closed (Saturday), with the exception of the distribution centers in the tourist areas at the Red Sea," spokesman John-Paul Schuirink said in an email. The chemical company BASF temporarily closed its manufacturing facilities and offices. BASF has been operating in Egypt for about 60 years and produces chemicals used in construction at a plant in the Cairo suburb of Sadat City. IHS Automotive analyst Paul Newton in London said that Toyota and Suzuki also halted Egyptian production. Because of the unstable political situation, the forecasting company predicted that light-vehicle production in Egypt would fall almost 8 percent this year, with sales dropping nearly 4 percent. Egypt is one of the largest vehicle manufacturing centers in Africa, Newton said.
[Associated
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