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The IDA opens its first tender under the new lease-to-own system for industrial land
Good morning, friends. We have two stories for you today about how Egypt is managing risk — broadly in its…
Chinese textile giant Jasan Group breaks ground on USD 117 mn Qantara West complex
Plus: Imarrae launches Phase 1 of a EGP 22 bn+ KIN development, with first-phase deliveries targeted for 2030
Karnak Garments to build USD 15 mn textile factory in Sadat City
Also: Zamalek SC to set up an independent company to manage football operations
Canada’s Avelon to set up USD 27 mn technical textiles plant in East Port Said
Plus: India’s Prestige Denim Mills to invest USD 20 mn in Qantara West denim plant
My Morning Routine: Zeinab Hassaan, CEO of Egyptian Spinning & Weaving Company
Growing up in Mit Ghamr, Dakahlia, school trips to local spinning factories sparked a lifelong fascination with how raw fibers…
Egypt and Turkey agree to boost cooperation across sectors
Plus: Dice teams up with Italian partners for new company, Venucia becomes latest Chinese auto brand in the market, Palm…
Hong Kong’s Crystal commits USD 350 mn in one of the largest FDI in Egypt’s textile sector
The 800k sqm complex will handle everything from yarn spinning and weaving to dyeing
Turkey mulls imposing anti-dumping duties on textile imports from Egypt, UAE, South Korea
The targeted imports include woven fabrics made of synthetic or artificial staple fibers originating from China
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