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Emdad Steel, Saudi EMC sign strategic industrial partnership

Businessmen Team economy 18 October 2025 09:55 PM
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Emdad  Steel, Saudi EMC sign strategic industrial partnership

Emdad Steel Industries Company, the industrial arm of Egypt’s Emdad Group, announced a strategic partnership with Saudi EMC Company during the Third Saudi International Iron and Steel Conference 2025. The partnership aims to boost mutual investments between the two countries in industry and advanced manufacturing.

The agreement includes establishing two integrated industrial complexes. One will be located in 10th of Ramadan City in Egypt, and the other in the Second Industrial Zone in Jeddah, Saudi Arabia. The projects are designed to enhance economic cooperation and develop productive sectors between both countries.

The partnership supports Egypt’s Vision 2030 and Saudi Arabia’s Vision 2030. It also reinforces the historical ties between the two brotherly nations. The initiative aims to open new avenues for industrial growth and knowledge exchange. It contributes to economic integration, sustainable development in the region, and strengthens joint value chains and production between both sides.