Al-Nasr and FAW sign strategic partnership

Nassr Automotive Company and China’s FAW Car Group signed a strategic partnership agreement aimed at manufacturing cars under the "Nassr" brand. This partnership seeks to transfer technology, increase local content, and strengthen the national automotive industry in Egypt, with expectations of offering high-quality products and expanding both the local and regional markets. This initiative is part of the government's efforts to bolster the industrial sector and enhance Egypt’s position as a regional hub for automobile manufacturing.

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