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Al Manar Trading & Distribution Company (AMTD) has agreed a deal with French oil & gas giant Total to exclusively distribute the Elf lubricants range in Egypt.
The company, which is a subsidiary of automotive fluids and car parts firm Al Manar Group, will distribute a range of products including engine oils, hydraulic oils and other automotive fluids.
Ahmed Nawara, managing director and CEO of Al Manar Group said that the lubricants “will be fully manufactured inside Total plants in Borg ElArab ,Alexandria".
He said that the company worked with some of the major producers of lubricants and car parts across Europe and the United States, and “offers genuine products that maintain performance quality”.
“Egypt’s investment climate has gained more attraction in various fields including engine oils, as evidenced in the keenness of major global corporations and entities to have presence and invest in Egypt,” Nawara added.
(Reporting by Marwa Abo Almajd; Editing by Michael Fahy)
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