Military Production Minister, CEO of Mayar Holding Confer On Joint Cooperation

Minister of Military Production Mohamed Salah Eddin Moustafa met on Wednesday 8/5/2024 with CEO of Saudi Arabia’s Mayar Holding Company Thamer al Rayes.

The meeting took up cooperation between the two sides in manufacturing, installing and maintaining elevators with the help of the Egypt Gulf Elevators & Escalators Company (EGGEEC).

Moustafa stressed the importance of implementing directives of the political leadership to maximize the use of local products and remove all obstacles hindering manufacture and production.

He made it clear that this meeting was meant to follow up on the production process and contracts signed between the two sides.

Moustafa said his Ministry and Mayar Holding Company also talked about the time needed to increase the local components.

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