The chief-of-staff of Egypt’s Armed Forces Lieutenant-General Mohamed Farid inaugurated in Alexandria on Sunday Egypt's newest Gowind-class corvette frigate, Al-Moaz, which was built locally in Egypt's Alexandria Shipyard Company in cooperation with France.

The building of Al-Moaz is part of a 1 billion euro deal signed with France in 2014 to provide four frigates to Egyptian naval forces.

According to the deal, three corvettes would be built in Egypt under a transfer of technology agreement. 

Egypt received the first corvette manufactured by the French side in September 2017.

The second corvette was manufactured in Egypt and inaugurated in September 2018.

The inauguration was attended by the Commander of the Egyptian Navy Vice Admiral Ahmed Khaled, the chairman of Alexandria shipyard, a number of top ranking army and navy officers, and the general consul of France in Alexandria Janina Herrera.

During the event, Herrera praised the level of cooperation between Egypt and France as well as the technical efficiency displayed by the Egyptian engineers and workers at Alexandria shipyard. 

Vice Admiral Khaled said during the event that the officers, soldiers, ships, and arsenal of Egypt’s navy help protect the country’s borders and territorial waters against foreign and domestic threats.