Today, Lieutenant-General Abdel Moneim Al-Terras, Chairman of the Arab Organization for Industrialization, received Mr. Dejan Angelov Katrashev, the Ambassador of the Republic of Bulgaria in Cairo, accompanied by the military attache and the commercial advisor at the embassy.

During the meeting, Arab Industrialization's vision for deepening local manufacturing, transfer and localization of technology was discussed, as well as ways to strengthen partnership with major Bulgarian companies in many areas of the defense and civil industry, including training and qualifying human cadres through the training academy of the Arab Organization for Industrialization.

In this regard, the "Terrace" stressed the importance of implementing President Abdel Fattah El-Sisi's directives to localize technology in cooperation with global expertise, pointing to the importance of investing in the depth and strength of relations between the two countries through the Egyptian-Bulgarian Committee, and how to benefit from it to open new horizons for joint cooperation in various fields of manufacturing. .

He added that the Arab Organization for Industrialization is looking forward to strengthening joint cooperation with major Bulgarian companies, to deepen local manufacturing and increase the added value in the local industry, pointing to the discussion of increasing competitive opportunities to market joint production in the Egyptian, African and Arab markets.

For his part, Mr. Diane Angelov Katrashev stressed that Egypt's recent successes in all fields have attracted the attention of giant international companies, including Bulgaria, to enhance joint cooperation in light of the improvement in the investment climate and the security and economic stability that Egypt currently enjoys, praising the administrative capital and the size of the achievements and projects. Nationalism under the leadership of President "Abdel-Fattah El-Sisi".

Katrashev also praised the Authority's manufacturing and technical capabilities and the richness and diversity of its defense and civil products, which encourages major Bulgarian companies to conclude partnerships with Arab Industrialization to deepen industrialization in areas of common interest, pointing to the interest of senior Bulgarian officials in attending the Egypt International Defense and Security Exhibition IDEX 2021 in Its second session in Cairo and holding joint talks with Arab Industrialization to enhance aspects of cooperation in the field of defense industries.