Egypt- El-Wahab, Al-Manar contract to supply brake linings in exchange for engine oils

AMCF Managing Director Ahmed Nawara said his company conducted an investment protocol with the International Company for Manufacturing and Assembling Cars El-Wahab Group. The agreement will make AMCF suppliers of engine oils in exchange for brake linings from El-Wahab Group.

Nawara said the cooperation between the two companies will indirectly increase their investments, where AMCF has halted engine oil production lines, which will begin operations again following the deal. Supplying the brake linings to AMCF will also increase El-Wahab's productivity, helping it to re-operate its production lines that were halted due to low demand.