Nasr car company set to resume operations in Egypt

Egypt's automobile company, el-Nasr, is due to resume operations and reproduce automotive feeders like engines, brake pads, and shock absorbers, as reported by an Egyptian MP. Undersecretary of energy and industry committee in Shura Council Mahmoud Ahmed Shaouta explained that the state-owned car manufacturer is expected to go back to work after the settlement of its internal debts that hit up to EGP 1.2 billion. He also asserted the reopening of some other factories, which were closed in the aftermath of the 2011 revolution.