Egypt

China Plans $2 Billion Carbon-Neutral Textile Industrial City in Egypt

China is set to make one of its largest industrial investments in the Middle East and Africa’s textile sector through a proposed $2 billion carbon-neutral textile industrial city in...

Egyptian Cotton Festival Targets Textile SMEs Across Egypt

A new initiative aimed at strengthening Egypt’s cotton and textile value chain has been launched through the Egyptian...

Egypt: Workshop on Italian Textile Technologies Concludes

The workshop dedicated to Italian technologies for the textile industry, held in Cairo on 5 and 6 May...

Italian Apparel Group Oniverse to Establish Two Export-Focused Factories in Egypt

Oniverse has announced plans to invest in Egypt’s textile sector with the construction of two new manufacturing facilities...

Marzoli Strengthens Presence in Egypt Through ACIMIT Technology Seminar

Marzoli Highlights Spinning Expertise at Textile Technology Seminar in Cairo Italian spinning technology specialist Marzoli recently participated in the...

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Egypt’s textile exports fall to $257 mn in Jan 2020

Egypt’s textile exports fell to $257 million in January, down by 0.4 per cent from $258 million in the same month last year. Over...

Picanol to show new weaving machines at AFRO STITCH & TEX

Picanol will display new weaving machines at AFRO STITCH & TEX expo, in booth B1, hall 5 of its agent Nobeltex, from March 5-8,...

Minister: We seek to revive textile industry, restore Egyptian cotton glory

Minister of Public Business Sector Hesham Tawfik said Sunday that his ministry continues carrying out ambitious plans to develop spinning and weaving industries and...

Egypt approves $592 mn Loan for Cotton, Textile Sector

Egypt’s parliament recently approved a draft law submitted by the government to authorise the minister of finance to guarantee that the state-run Cotton &...

THE CURRENT TIME IS THE BEST FOR INVESTMENT IN EGYPT: MINISTER OF PLANNING

Egypt’s Minister of Planning and Economic Development asserted through her speech delivered on the sidelines of the UK-Africa Investment Summit 2020 in London on...

EGYPT’S EXPORTS TO EAST ASIA HIT $4.3BN IN 2018

The Egyptian Central Agency for Public Mobilization and Statistics (CAPMAS) has reported an increase in the value of exports to East Asian countries by...

Egypt wants to facilitate Italian investment

Italian investment >>>>Egyptian supply and internal trade minister Ali El-Moselhy recently said his ministry's wants to increasingly facilitate Italian companies to enter his country...

Egyptian Cotton & Textile Industries to merge subsidiaries

Egypt’s Cotton & Textile Industries Holding Company recently signed a contract with PwC under which the latter will provide accounting, legal and tax advice...

Egypt enjoys good investment opportunities

UAE Ambassador to Egypt Gomaa Mubarak said that there are many good investment opportunities in Egypt for UAE businessmen. Addressing the Egypt-UAE Forum for Trade...

Oriental Weavers inks settlement deal on overdue export incentives

Oriental Weavers Carpet and two of its subsidiaries signed an agreement with the Ministry of Finance and the Ministry of Trade and Industry to settle...
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