#automative
Egypt's state-run automaker, El Nasr Automotive Manufacturing Company, has officially resumed production after a 15-year suspension, as announced by the Egyptian cabinet on Sunday 17 November. At a ceremony celebrating this significant milestone, Prime Minister Mostafa Madbouly emphasized that the return of El Nasr is "a strategic decision by the state," highlighting the importance of private-sector partnerships in driving major projects forward. Osama Aboul-Magd, head of the Egyptian Automotive Dealers Association, stressed the importance of the company's reopening to enhance…