Cairo – Mubasher: Al Mansour Automotive has obtained the exclusive rights of the English brand "MG" through its partnership with SAIC Motors, the parent company of the British brand.

The company plans to pump EGP 400 million investments into the new brand over the next five years, local newspaper Al Shorouk reported, citing Al Mansour’s chairman Adel Khedr.

In March, SAIC Motors said it was looking for a local partner to assemble its cars in the Egyptian market.