HomeManufacturing & IndustryArab Finance - Cooperation between Al-Tawakkol Steel and Galvanizing Industries of Egypt...

Arab Finance – Cooperation between Al-Tawakkol Steel and Galvanizing Industries of Egypt and Falak Saudi Business


Arab Finance: Lieutenant General Engineer Kamel Al-Wazir, Deputy Prime Minister for Industrial Development, Minister of Industry and Transport, Bandar Ibrahim Al-Khorayef, received the Saudi Minister of Industry and Mineral Resources and his accompanying delegation to discuss ways to enhance frameworks of cooperation and industrial integration between… Egypt and Saudi Arabia During the next stage.

At the beginning of the meeting, the Deputy Prime Minister for Industrial Development and the Minister of Industry and Transport stressed the strength of the relations between the political leadership and the two peoples in the two brotherly countries, stressing the keenness and aspiration of the Egyptian Ministry of Industry to increase the volume of cooperation with the Saudi side in all files related to industry between the two countries in a way that is in the interest of the two brotherly peoples.

Lieutenant General Kamel Al-Wazir added that Egypt is open to cooperation with all Arab brothers in the field of industry, which is considered the engine of sustainable development, pointing out the importance of establishing joint factories and logistical areas with the Saudi brothers in Egypt and Saudi Arabia, which contributes to achieving industrial integration and increasing the volume of trade exchanges between them, especially with the geographical location. This is distinguished for both countries and the availability of various means of connection between them, stressing the importance of the role of all types of transport (sea, rail, land) in serving the industrial sector and transporting products from their places of export to sea ports to establish the industry in It concerns transporting products, whether to the local market or to logistics areas and ports, in preparation for export to foreign markets.

On the sidelines of the meeting, Lt. Gen. Engineer Kamel Al-Wazir, Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, and Bandar bin Ibrahim Al-Khorayef, Saudi Minister of Industry and Mineral Resources, witnessed the signing of a supply chain cooperation agreement between the Egyptian Al-Tawakol Steel and Galvanizing Company and the Saudi Falak Business Company for cooperation in the field of manufacturing towers. Communications and its supply in the Kingdom of Saudi Arabia.

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