Arab Finance: The Arab Organization for Industrialization (AOI) signed a memorandum of understanding (MoU) with UAE-Chinese company Al Qalaa Red Flag for cooperation in defence industries, as per a statement.

The signing took place on the sidelines of the fourth edition of the Egypt Defence Expo (EDEX 2025).

Chairman of the AOI Mokhtar Abdel Latif said the signed MoU marks an expansion of cooperation between AOI and Al Qalaa Red Flag in other industrial fields.

He also noted that the organization is looking forward to reinforcing partnerships with Arab partners to achieve industrial and economic integration in defence and civil industries.

This move can be attained by making use of the available industrial capabilities and economic resources in the Arab region, Abdel Latif added.

Abdel Latif said discussions with Al-Qalaa Red Flag covered potential investments to establish new production lines across several defense sectors, along with plans to boost exports to Arab and African markets.

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