As part of Egypt’s insistence on supporting and delivering its plan to localize the automobile industry, the Egyptian Ministry of Military Production held talks Dec. 16 with the Emirati M Glory Holding specializing in car manufacturing to discuss the manufacture of Egyptian-made cars.
Egyptian Minister of Military Production Mohamed Ahmed Morsi said in a statement Dec. 16, “Cooperation with the United Arab Emirates [UAE] aims at rolling out a plan to localize modern technologies in the automobile industry. An Egyptian-Emirati company has been established in this vein to have Egyptian laborers produce and manufacture bi-fuel cars, and this is a first in Egypt.”