Nasr Automotive Manufacturing Company has signed a strategic partnership agreement with China’s FAW Group to produce a range of vehicles under the “Nasr” brand.
Egypt's automotive industry is set to receive a boost after China's ROX Motor partnered with Ezz El Arab El Sewedy Industrial Investment Group to manufacture vehicles locally and expand export capacity.
Minister of Industry Khaled Hashem recently met with a delegation of Volkswagen representatives and discussed the company's plans to expand its automotive manufacturing operations in Egypt in the coming period
Nissan has redirected a planned $45 million (€38.3 million) investment from South Africa to Egypt, underscoring a strategic pivot in its African manufacturing footprint