During the Third Saudi International Iron and steel Conference 2025, Emdad Industries, the industrial⁣ arm of Egypt’s El Tholathia Group,⁤ announced a strategic partnership with‍ Saudi Arabia’s EMC Company. This collaboration will channel joint investments into industry and advanced manufacturing, signaling a important step towards deeper economic ties between⁢ Egypt ​and Saudi Arabia.

Integrated Industrial Complexes Planned

The partnership will‍ establish two integrated ⁢industrial complexes. One ​will ‍be ‍located in Egypt’s⁣ 10th of Ramadan City, a key ‌industrial ⁣hub, and the ​other in the⁣ Second Industrial Zone in Jeddah,‌ Saudi Arabia.These facilities are‍ designed to enhance economic cooperation and stimulate growth within the productive sectors of both nations.

Alignment with national Visions and Regional⁣ Initiatives

This venture directly supports both Egypt’s Vision 2030‍ and Saudi Arabia’s Vision 2030, national advancement roadmaps‍ focused on diversification and sustainable⁣ growth. The partnership also complements broader⁢ Arab cooperation efforts, including⁣ support for major regional projects like‍ the ‍recently ‌inaugurated‌ Sports City project​ in ‍Derna, Libya, ⁢demonstrating a commitment to pan-Arab development.

El⁣ Tholathia Group’s Growth Trajectory

Emdad ‌Industries’ parent company,El tholathia ‌Company,founded in 2002,specializes⁢ in the supply and ​marketing of ⁣steel products to vital sectors including ‌civil engineering,petrochemicals,and ‌contracting. El Tholathia manufactures a range of steel products, including plates, beams, and angles, and ⁢has consistently targeted annual growth rates between 20% and 30%.

Commitment to Modernization and Expansion

Emdad Industries actively participates in both domestic and international trade exhibitions as part of a broader ‍strategy focused on modernization and sectoral expansion within ⁣the iron and⁣ steel industry. ‍This proactive approach aims to ensure consistent annual growth and maintain a ⁣competitive edge in the regional market.