Nasr Automotive and FAW Forge Partnership to Rebuild Egypt’s Car Industry

Cairo — Egypt’s state-owned Nasr Automotive has signed a strategic partnership with China’s FAW Group to manufacture a range of vehicles under the revived “Nasr” brand, marking a significant step in Cairo’s efforts to rebuild its automotive industry, deepen industrial localisation and expand domestic manufacturing capabilities. The agreement was signed in the presence of Prime Minister […] The post Nasr Automotive and FAW Forge Partnership to Rebuild Egypt’s Car Industry appeared first on The Middle East Observer.