Arab Finance: Alexandria Industrial Development Company (AID), a joint venture between Alex Steel and Catalyst Capital Fund, is negotiating with foreign investors to establish factories with investments of $120 million in the Suez Canal Economic Zone on a turnkey basis, according to East Economy.
Alexandria Industrial Development is currently working on establishing pipe factories under a turnkey contract with a Chinese investor.
It is worth noting that Catalyst Partners Holding was established in 2013 as an integrated investment bank, providing non-banking financial services, such as direct investment, investment banking, asset management, custody, fund services, financial leasing, factoring, and financial technology services.
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