Egypt to open the largest spinning, weaving factory in few days: Akhbar Al-Youm

Thu, 19 Jan 2023 - 11:23 GMT

In July 2020, the Holding Company for Cotton, Spinning, Weaving and Garments signed a contract to establish the world's largest spinning factory at Misr Spinning and Weaving Company in El-Mahalla El-Kubra.

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 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.

Egypt to build largest spinning factory in world

Thu, 09 Jul 2020 - 04:35 GMT

According to the statement, the factory is located on an area of ​​about 62,500 square meters, and it accommodates more than 182 thousand spinners, with an average production capacity of 30 tons / day.

Business News Wrap-up

Wed, 27 Dec 2017 - 05:34 GMT

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

Gov’t to develop spinning, weaving companies in northern Egypt

Wed, 27 Dec 2017 - 05:11 GMT

The government has a five-year plan to develop spinning and weaving companies in northern Egypt, Head of the Cotton and Textile Industries Holding Co. said.

President Sisi issues directives to develop spinning, weaving industry

Mon, 10 Jul 2017 - 06:54 GMT

Sisi held a meeting on Monday with Prime Minister, Trade and Industry Minister , Public Business Sector Minister and Agriculture Minister .