Egypt

China’s Zhejiang Hongda to Invest $20 Million in New Textile Plant at Egypt’s SCZone

Zhejiang Hongda will invest US$20 million to establish a new textile manufacturing and processing facility in Qantara West Industrial Zone, following the signing of an investment agreement with the...

Prestige Denim Mills to Invest $20 Million in New Egypt Denim Plant

Prestige Denim Mills, one of India's textile manufacturers, has announced a US$20 million investment to establish a new...

Balkan Tekstil Looks Beyond Market Challenges as Egypt Emerges as a Key Textile Hub

At ITM 2026, Kohan Textile Journal interviewed Osman Balkan from Balkan Tekstil, a Turkish manufacturer with more than...

SCZONE Signs $6.5 Million Textile Investment with Atesan Tekstil in Egypt’s Qantara West

Egypt's Suez Canal Economic Zone (SCZONE) has signed a new investment agreement with Turkish company Atesan Tekstil to...

Egypt’s Textile Surge: Why Global Investors Are Moving to North Africa

The Egyptian textile industry has rapidly transformed into a major global investment corridor, dramatically shifting capital deployment patterns...

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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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