Editing Economy of Egypt (section)

==== Motor vehicles====
{{See also|Automotive industry in Egypt}}
[[File:MCV C127 EV, Busworld Europe 2023, Brussels (P1140238).jpg|thumb|right|The fully electric [[Manufacturing Commercial Vehicles|MCV]] C127 EV, made in Egypt for the German market]]
[[El Nasr Automotive Manufacturing Company]], Egypt’s state-owned automaker, was established in 1960 in [[Helwan]] and began operations in 1962, producing vehicles under license from brands such as [[Zastava Automobili]], [[Daimler AG]], [[Kia Motors|Kia]], and [[Peugeot]].<ref name="Arab British Trade Directory 2018-2019">Arab British Trade Directory 2018-2019 https://issuu.com/bls-media/docs/arab-british_trade_directory_2017-1/79{{Dead link|date=October 2022 |bot=InternetArchiveBot |fix-attempted=yes }} 31 July 2018</ref> The company resumed production in 2024 after a 15-year hiatus, beginning with electric buses in partnership with China’s [[Yutong]].<ref name=nasr-relaunch>{{cite news |title=Al-Nasr automotive factory relaunches to revive Egypt's car industry |url=https://english.ahram.org.eg/NewsContent/50/1201/535559/AlAhram-Weekly/Egypt/AlNasr-automotive-factory-relaunches-to-revive-Egy.aspx |work=Al-Ahram Weekly |date=24 February 2025 |access-date=22 April 2025}}</ref> It markets three bus models under its own brand: Nasr Green,<ref>{{cite web |url=https://nasr.eg/wp-content/uploads/2025/03/%D9%85%D9%88%D8%A7%D8%B5%D9%81%D8%A7%D8%AA-%D8%A3%D8%AA%D9%88%D8%A8%D9%8A%D8%B3-%D9%86%D8%B5%D8%B1-%D8%AC%D8%B1%D9%8A%D9%86-%D8%B9%D9%84%D9%89-%D8%B4%D8%A7%D8%B3%D9%8A%D9%87-%D9%8A%D9%88%D8%AA%D9%88%D9%86%D8%AC-%D8%BA%D8%A7%D8%B2-%D8%B7%D8%A8%D9%8A%D8%B9%D9%89-%D9%85%D9%83%D9%8A%D9%81-NASR-GREEN.pdf |title=NASR GREEN Specifications |publisher=Al-Nasr Automotive Company |date=March 2025 |access-date=17 April 2025}}</ref> Nasr Sky,<ref>{{cite web |url=https://nasr.eg/wp-content/uploads/2025/03/%D9%85%D9%88%D8%A7%D8%B5%D9%81%D8%A7%D8%AA-%D9%86%D8%B5%D8%B1NASR-SKY-%D8%B3%D9%83%D8%A7%D9%89-%D9%8A%D9%88%D8%B1%D9%88-2.pdf |title=NASR SKY Specifications |publisher=Al-Nasr Automotive Company |date=March 2025 |access-date=17 April 2025}}</ref> and Nasr Star.<ref>{{cite web |url=https://nasr.eg/wp-content/uploads/2025/03/NASR-N30-Midi-Bus-Tech.-Specs-NASR-STAR.pdf |title=NASR STAR Specifications |publisher=Al-Nasr Automotive Company |date=March 2025 |access-date=17 April 2025}}</ref> The company plans to reintroduce passenger cars by the end of 2025, targeting an annual output of 20,000 vehicles.<ref name=nasr-relaunch/>

Other major manufacturers include Arab American Vehicles, Egy-Tech Engineering, [[Ghabbour Group]], WAMCO, and [[Manufacturing Commercial Vehicles|MCV]], which has represented [[Mercedes-Benz]] since 1994 and operates a factory in [[El Salheya]] employing around 2,500 workers.<ref>[http://www.mcv-eg.com/mcv/Factory.html ''Factory''] {{webarchive|url=https://web.archive.org/web/20150613144914/http://www.mcv-eg.com/MCV/Factory.html |date=13 June 2015 }} MCV-Website. Retrieved 18. October 2015</ref>

Egypt’s 2024–2030 automotive strategy aims to boost annual production to 400,000–500,000 vehicles, with 25% for export, targeting $4 billion in revenue. Local firms like Ezz Elarab Group and [[El Sewedy Electric]] have partnered with Indonesia’s [[Proton Holdings]], while [[Nissan|Nissan Motor Egypt]] plans to add new models. Chinese automaker Exeed, in partnership with Egyptian-German Automotive, has also begun local assembly in [[6th of October City]].<ref name=auto>{{cite web | url=https://english.ahram.org.eg/News/537157.aspx | title=All eyes on the car industry | publisher=Ahram Online | date=18 December 2024 | access-date=27 February 2025 }}</ref>

A key component of the strategy is launching electric vehicle production in 2025 through partnerships with international firms. This includes integrating EVs into public transport via e-taxis and initiating trial production at [[El Nasr Automotive Manufacturing Company|Nasr Auto]]. Broader plans involve establishing automotive hubs and enhancing local component manufacturing to support both domestic and export growth.<ref name=auto/>