Nasr (El Nasr Automotive Manufacturing Company) was founded in the 1950's. The company built vehicles, buses and trucks, mostly under license. For buses a close calloboration with Magirus-Deutz from Gemany resulted in 1958 in the first generation of buses which were Magirus-Deutz Saturn 1 built under license. Though the model was modernised and longer vehicles were built they remained technically the same. After Magirus became part of IVECO the collaboration continued and buses were built on the IVECO AP160-chassis. In January 2000 the company was split up and the bus division was privatized as EAMCO (Engineering Automotive Manufacturing Co.). This became affiliated with Daewoo. Nasr continued producing cars until 2009 when all vehicle production was stopped.