{"id":597504,"date":"2019-07-29T03:49:47","date_gmt":"2019-07-29T03:49:47","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/29\/egypt-in-the-news-on-29-july-2019\/"},"modified":"2019-07-29T03:49:47","modified_gmt":"2019-07-29T03:49:47","slug":"egypt-in-the-news-on-29-july-2019","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/29\/egypt-in-the-news-on-29-july-2019\/","title":{"rendered":"Egypt in the News on 29 July 2019"},"content":{"rendered":"<p><b>Domestic clothing manufacturers in Egypt have expressed concern that they will lose market share<\/b> thanks to an initiative designed to bring Chinese textile makers into the country, the <a href=\"https:\/\/asia.nikkei.com\/Business\/Business-trends\/Egypt-courts-Chinese-clothing-makers-seeking-tariff-refuge\">Nikkei Asian Review reports<\/a>.\u201cIt is all wrong as it will put the national textile industry at stake,\u201d Mahmoud El Daour, former head of the apparel division at the Cairo Chamber of Commerce said. \u201cWhat we need is a trading city to be a marketplace for local textile production.\u201d<\/p>\n<p>Other stories worth your time:<\/p>\n<ul>\n<li><b>Women are leading a push to claim their rights in Egypt<\/b> and throughout the MENA region, having been spurred on by the upheaval of recent years, writes <a href=\"https:\/\/www.timesofisrael.com\/rising-from-ashes-of-arab-spring-women-lead-a-first-muslim-feminist-revolution\/\">the Times of Israel<\/a>. <\/li>\n<li><b>Egyptian military strategists are recommending that security in the Red Sea be increased<\/b> to offer more protection of maritime movement in the Suez Canal, as tensions with Iran escalate, <a href=\"https:\/\/thearabweekly.com\/red-sea-security-concern-egypt-it-faces-iranian-threat\">the Arab Weekly reports<\/a>.<\/li>\n<li><b>EgyptAir has apparently broken a world record after it flew the longest-ever sustainable flight<\/b> to Cairo from Seattle \u201cpowered solely by sustainable aviation fuel,\u201d <a href=\"https:\/\/www.thenational.ae\/lifestyle\/travel\/egyptair-operates-world-s-longest-sustainable-flight-1.891702\">says the National<\/a>.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Domestic clothing manufacturers in Egypt have expressed concern that they will lose market share thanks to an initiative designed to bring Chinese textile makers into the country, the Nikkei Asian Review reports.\u201cIt is all wrong as it will put the national textile industry at stake,\u201d Mahmoud El Daour, former head of the apparel division at [&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":[7233],"tags":[116,2386,880,72,375,131,320,2080],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-597504","post","type-post","status-publish","format-standard","hentry","category-egypt-in-the-news","tag-china","tag-egypt-in-the-news","tag-egyptair","tag-enterpriseam","tag-gender","tag-manufacturing","tag-security","tag-textiles","wpautop","entry"],"acf":{"mongo_id":"b22c4cd2-a25f-4484-9efe-afe67209c6aa","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[597486],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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The program seeks to modernize Egypt\u2019s textile industry to improve its competitiveness and help it regain its position as a major regional sourcing hub.\u2026","rel":"","context":"In &quot;Basic Materials + Commodities&quot;","block_context":{"text":"Basic Materials + Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/basic-materials-commodities\/"},"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":597504,"position":1},"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":599543,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/02\/early-phase-of-egypts-usd-2-bn-textile-complex-in-sadat-to-launch-by-2019-end\/","url_meta":{"origin":597504,"position":2},"title":"Early phase of Egypt\u2019s USD 2 bn textile complex in Sadat to launch by 2019-end","author":"enterpriseam admin","date":"2 January 2019","format":false,"excerpt":"The first phase of the USD 2 bn Chinese textile industrial complex in Sadat City is set to be completed by year end, according to a Trade and Industry Ministry statement (pdf). Phase one, which is expected to house 100 factories, was initially due for completion by the end of\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":573689,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/13\/three-chinese-textile-manufacturers-looking-to-set-up-shop-in-egypts-freezones\/","url_meta":{"origin":597504,"position":3},"title":"Three Chinese textile manufacturers looking to set up shop in Egypt\u2019s freezones","author":"enterpriseam admin","date":"13 August 2020","format":false,"excerpt":"Three Chinese textile manufacturers have submitted requests to the General Authority for Freezones and Investment (GAFI) to set up new facilities in Egypt\u2019s private freezones, the local press reports, citing unnamed government sources. The manufacturers including Handa, which expressed interest in setting up a factory worth USD 20 mn in\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":705126,"url":"https:\/\/enterpriseam.com\/egypt\/2026\/05\/24\/cloud-chain-plans-a-carbon-neutral-textile-complex-in-port-said\/","url_meta":{"origin":597504,"position":4},"title":"Cloud Chain plans a carbon-neutral textile complex in Port Said","author":"enterpriseam admin","date":"24 May 2026","format":false,"excerpt":"The project, worth up to USD 2 bn, will be developed over two 24-month phases and include 30-50 textile companies","rel":"","context":"In &quot;Investment Watch&quot;","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2026\/5\/1402.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":572863,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/12\/cotton-and-textile-industries-co-signs-egp-780-mn-agreement-with-misr-spinning-and-weaving-for-cotton-spinning-factory\/","url_meta":{"origin":597504,"position":5},"title":"Cotton and Textile Industries Co. signs EGP 780 mn agreement with Misr Spinning and Weaving for cotton spinning factory","author":"enterpriseam admin","date":"12 July 2020","format":false,"excerpt":"State-owned Cotton and Textile Industries Company has signed a EGP 780 mn agreement with Misr Spinning and Weaving Company after being awarded with the tender to develop a cotton spinning factory in Mahalla Al-Kubra, according to a cabinet statement. 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