{"id":553537,"date":"2021-12-07T03:59:39","date_gmt":"2021-12-07T03:59:39","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/07\/currently-loading-the-worlds-largest-spinning-and-weaving-factory\/"},"modified":"2021-12-07T03:59:39","modified_gmt":"2021-12-07T03:59:39","slug":"currently-loading-the-worlds-largest-spinning-and-weaving-factory","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/07\/currently-loading-the-worlds-largest-spinning-and-weaving-factory\/","title":{"rendered":"Currently loading: The world\u2019s largest spinning and weaving factory"},"content":{"rendered":"

Egypt plans to debut \u201cthe world\u2019s largest spinning and weaving factory<\/strong>\u201d in Mahalla Al Kobra next year, with trial operations set to begin next April, Public Enterprises Minister Hisham Tawfik said<\/a>. Several spinning and weaving factories are set to start production before the end of 2022, according to the minister, as part of the government\u2019s EGP 21 bn plan to overhaul the industry.<\/a><\/p>\n

Kent College <\/strong>West Cairo<\/strong> partnered (pdf)<\/a> with Beltone Consumer Finance (Belcash<\/strong>) to offer financing for tuition.<\/p>\n

NTRA is pouring EGP 513 mn in Sinai:<\/strong> The National Telecom Regulatory Authority (NTRA) is spending EGP 513 mn<\/a> to increase the efficiency of basic telecommunications services in Sinai.<\/p>\n","protected":false},"excerpt":{"rendered":"

Egypt plans to debut \u201cthe world\u2019s largest spinning and weaving factory\u201d in Mahalla Al Kobra next year, with trial operations set to begin next April, Public Enterprises Minister Hisham Tawfik said. Several spinning and weaving factories are set to start production before the end of 2022, according to the minister, as part of the government\u2019s […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7209],"tags":[111,255,72,7087,153,378,79,3053],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-553537","post","type-post","status-publish","format-standard","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-belcash","tag-enterpriseam","tag-finance","tag-hisham-tawfik","tag-national-telecom-regulatory-authority","tag-public-enterprises-ministry","tag-spinning-and-weaving","wpautop","entry"],"acf":{"mongo_id":"69f8d948-da6d-4d86-9b5d-c24ca2c989df","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[553515],"teaser":"","voice_url":""},"yoast_head":"\nCurrently loading: The world\u2019s largest spinning and weaving factory - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/07\/currently-loading-the-worlds-largest-spinning-and-weaving-factory\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Currently loading: The world\u2019s largest spinning and weaving factory\" \/>\n<meta property=\"og:description\" content=\"Egypt plans to debut \u201cthe world\u2019s largest spinning and weaving factory\u201d in Mahalla Al Kobra next year, with trial operations set to begin next April, Public Enterprises Minister Hisham Tawfik said. Several spinning and weaving factories are set to start production before the end of 2022, according to the minister, as part of the government\u2019s […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/07\/currently-loading-the-worlds-largest-spinning-and-weaving-factory\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-12-07T03:59:39+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/07\/currently-loading-the-worlds-largest-spinning-and-weaving-factory\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/07\/currently-loading-the-worlds-largest-spinning-and-weaving-factory\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Currently loading: The world\u2019s largest spinning and weaving factory\",\"datePublished\":\"2021-12-07T03:59:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/07\/currently-loading-the-worlds-largest-spinning-and-weaving-factory\/\"},\"wordCount\":116,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"ALSO ON OUR RADAR\",\"Belcash\",\"EnterpriseAM\",\"Finance\",\"Hisham Tawfik\",\"National Telecom Regulatory Authority\",\"Public Enterprises Ministry\",\"spinning and weaving\"],\"articleSection\":[\"Also on our Radar\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/07\/currently-loading-the-worlds-largest-spinning-and-weaving-factory\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/07\/currently-loading-the-worlds-largest-spinning-and-weaving-factory\/\",\"name\":\"Currently loading: The world\u2019s largest spinning and weaving factory - 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The loan\u2026","rel":"","context":"In "Banking + Finance"","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":559490,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/24\/plan-to-overhaul-state-owned-enterprises-hits-the-house\/","url_meta":{"origin":553537,"position":1},"title":"Plan to overhaul state-owned enterprises hits the House","author":"enterpriseam admin","date":"24 January 2021","format":false,"excerpt":"Tawfik outlines SOE overhaul plan for parliament: The Public Enterprises Ministry is looking to streamline state-owned spinning and weaving companies by merging nine companies into one mega-entity with seven ginning facilities under its purview, Minister Hisham Tawfik said in his address to the House of Representatives last week, according to\u2026","rel":"","context":"In "PUBLIC SECTOR"","block_context":{"text":"PUBLIC SECTOR","link":"https:\/\/enterpriseam.com\/egypt\/category\/public-sector\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/1\/286.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":546200,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/08\/worlds-largest-spinning-mill-to-begin-operations-next-year-tawfik\/","url_meta":{"origin":553537,"position":2},"title":"World\u2019s largest spinning mill to begin operations next year -Tawfik","author":"enterpriseam admin","date":"8 May 2022","format":false,"excerpt":"A new spinning mill in El Mahalla that is set to be the largest in the world will begin operations next year, Public Enterprises Minister Hisham Tawfik told Dostor. The state has already launched the distributing company that will sell its products, NIT, which is currently in talks with retailers\u2026","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":561341,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/04\/also-on-our-radar-on-4-april-2021\/","url_meta":{"origin":553537,"position":3},"title":"Also on our Radar on 4 April 2021","author":"enterpriseam admin","date":"4 April 2021","format":false,"excerpt":"Speed Medical\u2019s (SPMD) board of directors signed off on acquiring Prime Speed Medical Services in a EGP 1.8 bn transaction, after the SPMD board of directors approved fair values of both companies, according to an EGX statement (pdf). The acquisition will be financed through a capital increase, provided it gets\u2026","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":560129,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/16\/also-on-our-radar-on-16-february-2021\/","url_meta":{"origin":553537,"position":4},"title":"Also on our radar on 16 February 2021","author":"enterpriseam admin","date":"16 February 2021","format":false,"excerpt":"More on the state\u2019s plan to overhaul spinning and weaving: The Public Enterprises Ministry\u2019s bid to streamline state-owned spinning and weaving companies is targeting a significant increase in production, Minister Hisham Tawfik told cabinet in his latest review of the plan. The EGP 21 bn plan could see the yearly\u2026","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":572945,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/14\/national-bank-of-egypt-arranges-eur-540-mn-loan-for-spinning-and-weaving-holding-co\/","url_meta":{"origin":553537,"position":5},"title":"National Bank of Egypt arranges EUR 540 mn loan for Spinning and Weaving holding co.","author":"enterpriseam admin","date":"14 July 2020","format":false,"excerpt":"The National Bank of Egypt has arranged a EUR 540 mn loan for state-owned Holding Company for Spinning and Weaving from two unnamed Italian and Swiss banks, Public Enterprises Minister Hisham Tawfik tells Al Mal. Italy\u2019s export credit agency SACE, Switzerland\u2019s Export Risk Insurance SERV, and the Egyptian Finance Ministry\u2026","rel":"","context":"In "Banking + Finance"","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/553537","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=553537"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/553537\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/553515"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=553537"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=553537"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=553537"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=553537"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=553537"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}