Egypt plans to localize silk industry at the hands of rural women

Thu, 09 May 2024 - 02:49 GMT

Minister of Social Solidarity Nevine al-Qabaj and Minister of Local Development Hisham Amena discussed Wednesday a plan to localize the silk industry in Upper Egypt.

Chinese coalition expresses interest in establishing $300M textile city in Egypt

Thu, 25 Apr 2024 - 03:53 GMT

The plan is that all phases of the manufacturing process would be carried out.

Egypt to inaugurate 7 textile factories worth LE31B in 2024

Mon, 05 Jun 2023 - 03:34 GMT

The total cost of the factories is LE31 billion, including a €600-million loan that is being used in the purchase of machinery.

Egyptian firms, Uzbek government sign 7 MoUs in 5 sectors

Sun, 19 Feb 2023 - 03:37 GMT

The General Authority for Free Zones and Investment (GAFI) hosted Sunday in Cairo the meetings of the Egyptian-Uzbek Business Council.

Highlights: How Egypt developed cotton industry

Sat, 10 Sep 2022 - 05:43 GMT

Three new cotton varieties were developed and registered, while Giza 98 variety is underway, bringing the productivity from 8 to 10 quintals per feddan.

Egypt’s textile exports surged to $287M in 2 months

Mon, 04 Apr 2022 - 01:45 GMT

The council said in a statement on Monday that the Egyptian textile and spinning exports increased by 26.5 percent to hit $176 million, compared to $132 million in 2021.

Egypt's exports of spinning, textiles rise to $1.5B in 2021

Mon, 28 Feb 2022 - 05:10 GMT

The spinning and textiles sector rose in 2021 by about 20 percent, recording $916 million, compared to $763 million in 2020, and the “home furnishings” sector achieved an increase of 35 percent to $651 million, compared to $482 million in 2020.

PM witnesses signing of credit facility agreement to develop textile industry

Thu, 16 Dec 2021 - 08:48 GMT

The agreement was inked with HSBC, UBS Group AG and Credit Suisse.

7 contracts worth LE 2.6B for establishing new textile factories signed

Mon, 28 Jun 2021 - 02:43 GMT

The contracts were signed between the Cotton & Textile Industries Holding Co. and Orascom Construction PLC.

Egypt is getting ready to launch world's largest textile factory

Wed, 14 Apr 2021 - 03:38 GMT

The government is also working on another large textile enterprise.

Minister attends signing of contracts to establish Misr Company for Textiles complex

Sun, 14 Mar 2021 - 01:55 GMT

The complex will be established on an area of 175,000 square meters and will comprise 6 factories for the spinning, weaving, knitting of fabrics as well as preparing of textiles for exportation.

Egyptian Armed Forces sterilize commercial areas of Old Cairo, Downtown

Mon, 30 Mar 2020 - 01:59 GMT

During curfew hours, the Egyptian Armed Forces sterilized sites and streets that are subject to visitor density in Downtown and Old Cairo neighborhoods.

Egy Home Tex exhibition kicks off

Thu, 20 Feb 2020 - 11:52 GMT

The event is organized by the Textiles, Apparel & Home Textile Export Council of Egypt in tandem with Vision Fairs company.

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

Sun, 16 Feb 2020 - 03:49 GMT

He said that the developed gin in Fayyoum and other new gins would produce pure cotton with special standards to help improve the price of exported cotton.

H&M-backed startup puts bacteria to work in green dyeing process

Wed, 27 Nov 2019 - 12:08 GMT

A British biotech startup is developing a method of textile dyeing that taps into the bright colors of birds and butterflies and has micro-organisms recreate them on fabric

Messe Frankfurt studies holding international textile exhibition in Egypt

Sun, 19 May 2019 - 12:34 GMT

The exhibition comes in light of Egypt’s strategic plan to be a trade hub serving the African countries.

ITC announces program to support textile, clothing exports from 4 Arab states

Tue, 23 Oct 2018 - 11:21 GMT

The program targets boosting exports, creating jobs and raising incomes across the Middle East and North Africa region, the ITC website reported on Monday.

Textile exports rise to $288 million in 4 months- group

Mon, 21 May 2018 - 07:10 GMT

The textile exports rose by 5.5 percent to hit 288 million dollars in the first four months of 2018, up from 273 million dollars in the same period in 2017

GEM to reveal King Tut’s tunic

Sat, 10 Mar 2018 - 11:45 GMT

The Restoration center at the (GEM) is close to put an end for the restoration process of the tunic discovered in King Tutankhamun’s tomb back in 1922.

Business News Wrap-up

Sat, 03 Feb 2018 - 05:01 GMT

A wrap-up of the most prominent business news of the day.