AMMAN - Talal Abu-Ghazaleh for Technology
(TAGTech), a member of Talal Abu-Ghazaleh Global (TAG.Global), has signed an
agreement with the Iraqi “Al Hassnawi Company Trading and General Contracting,
Agricultural and Livestock Production, Real Estate and Industrial Investments
Ltd” to establish a new factory for TAGTech’s technological products in Iraq.

The signing ceremony was patronized by HE
Dr. Talal Abu-Ghazaleh, founder and chairman of TAG.Global, but the agreement
was signed by Mr. Ala Zarour, TAGTech technical executive director, and Mr.
Adil Okab, Al Hassnawi general manager.

During the signing ceremony, Dr.
Abu-Ghazaleh stated that the Organization is honored to sign the agreement with
Al Hassnawi Company to establish TAGTech’s new factory in Iraq for
manufacturing technological products especially after the success it achieved
at its three factories in China, Egypt and Jordan.

He went on to say that, “TAG.Global
established and launched this industry from China, providing our cadres with
technological and the technical expertise, as well as the operating system’s
technology, until we reached the stage of manufacturing and marketing our
products independently  by the
Organization; thus placing us as  the
first Arab company that joined the world's major corporations that manufacture
technology products. We, at TAGTech, are keen to make this technology available
in Iraq similar to what has been achieved in Egypt and Jordan.”

For his part, Mr. Okab expressed his pride
in cooperating with Dr. Abu-Ghazaleh, confirming his confidence in the success
of this factory due to the level of success and achievements of TAG.Global and
TAGTech factories. 

It is worth mentioning that the two
parties agreed on cooperating in manufacturing, producing and marketing TAGTech
technological devices under the slogan (Made in Iraq). The agreement also aims
at collaborating in manufacturing and producing technological devices for the
development of the local community by supporting high-quality domestic industry
that correspond to imported devices at the lowest cost.