textiles
The Central Agency for Public Mobilization and Statistics (CAPMAS) released a statement Tuesday detailing the exports, whose value declined in May 2022.
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.
The president statements' came during the inauguration of new Aswan’s Urea and Ammonia Plant.
Exports of ready-made clothes jumped 6 percent to hit $967 million in the first seven months of 2019, compared to 915 million last year.
Egypt targets eight percent industrial growth annually, an equivalent of investments worth LE 150 billion a year, Trade Minister said on Saturday.
Egypt’s exports to Belgium increased 28 percent year-on-year in 2017, recording €320 million, compared to €250 million in 2016.
Non-petroleum exports to the U.S. increased by 17.5 percent in the first 11 months of 2017 to reach $1.34 billion, compared to $1.14 in 2016.
The city will contain 568 factories with $2 billion as a paid capital to be invested during seven year, Minister of Industry and Foreign TradeTarekKabil said.
A wrap-up for the most prominent business news of the day.
Public Business Sector Minister Ashraf el-Sharqawi reviewed Saturday with representatives of the Bajaj Company.
A wrap-up for the most prominent business news of the day.
A wrap-up for the most prominent business news of the day.
More than 75 companies will be participating in the exhibition that provides an opportunity to increase Egypt's exports in international markets.
A wrap-up for the most prominent business news of the day.
Exports of the home textiles sector increased by 3% in the first nine months of 2017 to reach $375 million, compared with $365 million last year.
Al Arafa for Investment, subsidiary to Arafa Holding, will own 40 percent in the new firm Italian Shirts DMCC, while Gheradi will acquire 50 percent.
Domestic production of cotton reached its lowest levels the season before last, cultivating only 130,000 feddans.
The thread is all about fabric and stitching techniques, focusing on textiles as a traditional craft, Darb 1718 showcases the soft pieces as modern art.
