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HSBC Egypt CEO Says Egypt Emerging as Strategic Global Trade Hub
Egypt is positioning itself as a key hub for global trade, offering investors a strategic export base supported by multiple trade agreements and access...
Wage Gap Sparks Unrest: Turkish Textile Investment in Egypt Faces Backlash
Rising labor cost differences between Türkiye and Egypt have triggered unrest within Turkish-owned textile operations in Egypt, highlighting the growing complexity of cross-border production...
Egyptian Ready-to-Wear Export Council Targets $4.4 Billion in Garment Exports by 2026
Egypt’s ready-to-wear garment exports are expected to reach $4.4 billion by 2026, according to the Egyptian Ready-to-Wear Export Council. The forecast was announced on...
Egypt’s Textile and Apparel Industry Enters New Growth Phase with SCZONE-Led Mega Projects
Egypt’s spinning, textile, and apparel sector is undergoing a major structural transformation, driven by the rollout of 13 large-scale industrial projects within the Suez...
Egypt Emerges as Fastest-Growing Market for Turkish Textile Exports in 2025
Egypt continued to stand out as the brightest market for Türkiye’s textile industry in 2025, reinforcing its strategic importance amid a broader slowdown in...
SCZONE and Eroglu Moda Tekstil Sign USD 5.6 Million Agreement for New Garments Factory
The Suez Canal Economic Zone (SCZONE) has announced a new Turkish investment in Egypt’s textile and apparel sector, as Mr. Waleid Gamal El-Dien, Chairman...
Egypt Steps Up Efforts to Deepen Local Textile Manufacturing and Reduce Import Dependence
Egypt has initiated a new phase of high-level consultations aimed at expanding domestic textile production and lowering the national import bill. Deputy Prime Minister...
Nile Textile Industries Reports Strong Growth in 2025, Plans USD 20 Million Investment for Expansion in 2026
Nile Textile Industries – the industrial arm of MGS Industry Group – announced continued strong growth throughout 2025, extending the momentum achieved in 2024....
Egypt Turns to Private Sector to Operate State Textile Factories After Multi-Billion EGP Upgrades
Egypt will enlist private sector companies to manage and operate its state-owned textile factories following the injection of billions of Egyptian pounds into nationwide...
Egypt’s Textile Producers Decry Aggressive Marketing by Competitors
Egypt’s textile manufacturers are raising concerns over what they describe as increasingly aggressive marketing tactics from foreign competitors—particularly from Turkey—warning that these practices threaten...
