CAIRO - Talal Abu-Ghazaleh Global
(TAG.Global) and the Arab Organization for Industrialization (AOI) have decided
to develop cooperation mechanisms between the two sides to jointly contribute
to exploring the possibility of establishing two additional investment projects
within the existing joint factory for the manufacturing of technological
devices, by establishing new production lines for screens and batteries.

Dr. Talal Abu-Ghazaleh, TAG.Global founder
and chairman, and Major General Eng. Mokhtar Abdel Latif, AOI chairman, agreed
to continue sharpening the AOI’s ongoing efforts in various areas within the
framework of meeting the requirements of Egypt’s sustainable development plans,
in line with the policy of enlarging local industrialization, transferring and
localizing modern technology to Egypt, and keeping pace with scientific
advancements in the industrial field.

The two parties reaffirmed their
unwavering resolve to support any initiative that seeks to improve Egypt's
national economy, under the wise leadership and guidance of Egypt’s President,
His Excellency Abdel Fattah El-Sisi.

Moreover, Dr. Abu-Ghazaleh expressed his
pride in the AOI and its accomplishments, considering it the national ‘citadel’
of the industry in the country, serving as the engine of technological
advancement to localize key industries in Egypt.

It is worth mentioning that the two sides
have been collaborating since 2019 in manufacturing and developing
technological devices, including laptops, tablets, and smartphones.