{"id":594935,"date":"2019-09-11T04:03:49","date_gmt":"2019-09-11T04:03:49","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/11\/cotton-holding-co-to-spend-usd-30-mn-developing-el-mahalla-and-damanhour-mills\/"},"modified":"2019-09-11T04:03:49","modified_gmt":"2019-09-11T04:03:49","slug":"cotton-holding-co-to-spend-usd-30-mn-developing-el-mahalla-and-damanhour-mills","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/11\/cotton-holding-co-to-spend-usd-30-mn-developing-el-mahalla-and-damanhour-mills\/","title":{"rendered":"Cotton Holding Co. to spend USD 30 mn developing El Mahalla and Damanhour mills"},"content":{"rendered":"<p>The Cotton & Textile Industries Holding Company will spend USD 30 mn developing its El Mahalla and Damanhour mills starting November, Chairman <a href=\"https:\/\/alborsaanews.com\/2019\/09\/09\/1242894\">Ahmed Mostafa said<\/a>, without disclosing further details. The two mills are expected to be ready for production at the beginning of the cotton harvest season in 2020. The company previously spent EGP 250 mn developing its Fayoum mill, which was inaugurated in July.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Cotton &#038; Textile Industries Holding Company will spend USD 30 mn developing its El Mahalla and Damanhour mills starting November, Chairman Ahmed Mostafa said, without disclosing further details. The two mills are expected to be ready for production at the beginning of the cotton harvest season in 2020. The company previously spent EGP 250 [&hellip;]<\/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":[7255],"tags":[317,6682,72,131],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-594935","post","type-post","status-publish","format-standard","hentry","category-manufacturing","tag-commodities","tag-cotton-textile-industries-holding-company","tag-enterpriseam","tag-manufacturing","wpautop","entry"],"acf":{"mongo_id":"0b134021-7c56-455b-a7de-6a9306dbe9a9","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[594907],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Cotton Holding Co. to spend USD 30 mn developing El Mahalla and Damanhour mills - 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\/2019\/09\/11\/cotton-holding-co-to-spend-usd-30-mn-developing-el-mahalla-and-damanhour-mills\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cotton Holding Co. to spend USD 30 mn developing El Mahalla and Damanhour mills\" \/>\n<meta property=\"og:description\" content=\"The Cotton &amp; Textile Industries Holding Company will spend USD 30 mn developing its El Mahalla and Damanhour mills starting November, Chairman Ahmed Mostafa said, without disclosing further details. The two mills are expected to be ready for production at the beginning of the cotton harvest season in 2020. 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The factory is expected to manufacture some 30 tonnes of cotton\u2026","rel":"","context":"In &quot;Manufacturing&quot;","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":634107,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/04\/bajaj-to-supply-cotton-ginning-machine-to-state-owned-factory\/","url_meta":{"origin":594935,"position":1},"title":"Bajaj to supply cotton ginning machine to state-owned factory","author":"enterpriseam admin","date":"4 January 2018","format":false,"excerpt":"India\u2019s Bajaj will deliver a cotton ginning machine to the Cotton & Textile Industries Holding Company under a newly-inked USD 2.3 mn contract, Al Masry Al Youm reports. The machine will be delivered and set to be operational before August 2018 as part of the Public Enterprises Ministry\u2019s plan to\u2026","rel":"","context":"In &quot;Manufacturing&quot;","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":574482,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/10\/cotton-textile-industry-holding-co-to-borrow-eur-540-mn-from-swiss-and-italian-banks\/","url_meta":{"origin":594935,"position":2},"title":"Cotton &#038; Textile Industry Holding Co. to borrow EUR 540 mn from Swiss and Italian banks","author":"enterpriseam admin","date":"10 September 2020","format":false,"excerpt":"The Cotton and Textile Industry Holding Company is planning to borrow EUR 540 mn from a consortium of four Swiss and Italian banks that will include Credit Suisse, Public Enterprises Minister Hisham Tawfik said, according to Al Mal. The National Bank of Egypt will arrange the facility. The Cotton and\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","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":593056,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/17\/hong-kongs-handa-to-invest-usd-100-mn-in-egypt-jute-textiles-factory\/","url_meta":{"origin":594935,"position":3},"title":"Hong Kong\u2019s Handa to invest USD 100 mn in Egypt jute textiles factory","author":"enterpriseam admin","date":"17 November 2019","format":false,"excerpt":"INVESTMENT WATCH- Hong Kong-based textiles manufacturer Handa Enterprise in planning to invest USD 100 mn in an idle jute products factory it leased from the Cotton and Textiles Holding Company, Handa\u2019s president said, according to Al Mal. 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