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Arab Organization for Industrialization

The AOI signs a cooperation agreement with Elite Capital & Co. Ltd. from the United Kingdom

Major General. Engineer Mokhtar Abdel Latif, Chairman of the Arab Organization for Industrialization, Dr. Faisal Khazaal, Chairman of Elite Capital & Co. Limited - England, and the accompanying delegation.

 

During the discussions, the vision of the Arab Organization for Industrialization was presented regarding deepening and increasing the proportions of local manufacturing, transfer and localization of technology in many fields of different industries, and its participation in many important strategic and development projects locally and regionally in Arab and African countries, in addition to discussing the utilization of financing opportunities for the Future Government Funding Program 2030, which It is managed by Elite Capital & Co. Ltd., in various industrial projects implemented by the Arab Organization for Industrialization.

 

In this regard, Major General. Engineer "Mokhtar Abdel Latif" expressed his pride in the successful discussions with Elite Capital & Co. Ltd. - England, and its prominent economic position in financing successful economic and industrial projects at the regional and international levels, and its interest in the financing and investment sector in the Egyptian market through the Arab Organization for Industrialization, as well as a major role Its Arab National Board of Directors.

 

The bilateral talks resulted in the signing of a strategic agreement for joint cooperation, where Major General. Engineer "Mokhtar Abdel Latif" on the importance of implementing the directives of President "Abdel Fattah El-Sisi" to open new horizons for investment with major international specialized institutions, according to Egypt's vision for sustainable development 2030, which contributes to strengthening Egypt's position globally.

 

He added that the Arab Organization for Industrialization is looking forward strongly to strengthening the partnership with Elite Capital and Co. Ltd., by providing financing opportunities to attract economically feasible investments in all fields and industrial projects, explaining the research to increase marketing opportunities for products in the markets of African, Arab and European countries, stressing that the issue of export industries represents A priority within the areas of joint cooperation, in order to increase the Egyptian exports index as one of the tributaries of raising the state's financial revenues.

 

For his part, Dr. Faisal Khazaal, Chairman of  Elite Capital & Co. Ltd. - United Kingdom, expressed his appreciation for this cooperation with the Arab Organization for Industrialization, which has a pioneering historical role in the Arab industry, which reflects pride in all fields of industry since its establishment, indicating that we With this agreement, we aim to conclude other medium and long-term joint partnerships in many different fields of industry, and to finance the implementation of many important projects in Egypt and Arab and African countries through cooperation with the Arab Organization for Industrialization, which is considered the industrial backbone of the Egyptian state

.

He also praised the AOI 's commitment to all international quality standards through its distinguished expertise in implementing various industrial and economic development projects.