{"id":647215,"date":"2017-05-04T03:54:19","date_gmt":"2017-05-04T03:54:19","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/04\/egypts-cotton-industry-sees-revival-following-egp-float\/"},"modified":"2017-05-04T03:54:19","modified_gmt":"2017-05-04T03:54:19","slug":"egypts-cotton-industry-sees-revival-following-egp-float","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/04\/egypts-cotton-industry-sees-revival-following-egp-float\/","title":{"rendered":"Egypt\u2019s cotton industry sees revival following EGP float"},"content":{"rendered":"

The cotton industry in Egypt is starting to see a revival following the float of the EGP, Menna A Farouk writes in Al-Monitor<\/a>. The devaluation that ensued and the global crackdown on fake Egyptian cotton encouraged farmers to double the area planted with cotton and increase their exports. The US Department of Agriculture forecasts that the areas where cotton is produced in Egypt would double to 110,000 hectares and production would almost double and reach 340,000 bales in the marketing year 2017-18.<\/p>\n","protected":false},"excerpt":{"rendered":"

The cotton industry in Egypt is starting to see a revival following the float of the EGP, Menna A Farouk writes in Al-Monitor. The devaluation that ensued and the global crackdown on fake Egyptian cotton encouraged farmers to double the area planted with cotton and increase their exports. The US Department of Agriculture forecasts that […]<\/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":[9309],"tags":[2416,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-647215","post","type-post","status-publish","format-standard","hentry","category-basic-materials-commodities","tag-basic-materials-commodities","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"fa327812-c575-4e3b-85b4-63f0bc97a369","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[647178],"teaser":"","voice_url":""},"yoast_head":"\nEgypt\u2019s cotton industry sees revival following EGP float - 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\/2017\/05\/04\/egypts-cotton-industry-sees-revival-following-egp-float\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt\u2019s cotton industry sees revival following EGP float\" \/>\n<meta property=\"og:description\" content=\"The cotton industry in Egypt is starting to see a revival following the float of the EGP, Menna A Farouk writes in Al-Monitor. The devaluation that ensued and the global crackdown on fake Egyptian cotton encouraged farmers to double the area planted with cotton and increase their exports. The US Department of Agriculture forecasts that […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/04\/egypts-cotton-industry-sees-revival-following-egp-float\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-05-04T03:54:19+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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/04\/egypts-cotton-industry-sees-revival-following-egp-float\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/04\/egypts-cotton-industry-sees-revival-following-egp-float\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt\u2019s cotton industry sees revival following EGP float\",\"datePublished\":\"2017-05-04T03:54:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/04\/egypts-cotton-industry-sees-revival-following-egp-float\/\"},\"wordCount\":89,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Basic Materials + Commodities\",\"EnterpriseAM\"],\"articleSection\":[\"Basic Materials + Commodities\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/04\/egypts-cotton-industry-sees-revival-following-egp-float\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/04\/egypts-cotton-industry-sees-revival-following-egp-float\/\",\"name\":\"Egypt\u2019s cotton industry sees revival following EGP float - 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Exports are up 22% compared to the first six months of last year\u2019s season thanks in\u2026","rel":"","context":"In "Basic Materials + Commodities"","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":575141,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/04\/imex-acquires-94-of-nile-cotton-ginning\/","url_meta":{"origin":647215,"position":1},"title":"IMEX acquires 94% of Nile Cotton Ginning","author":"enterpriseam admin","date":"4 October 2020","format":false,"excerpt":"IMEX International acquired 93.9% of Nile Cotton Ginning on Thursday for EGP 2.48 bn, buying 49.76 mn shares at EGP 50 apiece, Al Mal reports, citing a disclosure to the EGX on Thursday. EgyTrend is acting as IMEX\u2019s financial advisor on the transaction.","rel":"","context":"In "Basic Materials + Commodities"","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":651508,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/14\/egyptian-cotton-seeing-revival-following-welspun-scandal\/","url_meta":{"origin":647215,"position":2},"title":"Egyptian cotton seeing revival following Welspun scandal","author":"enterpriseam admin","date":"14 February 2017","format":false,"excerpt":"Egyptian cotton sees a revival? The crackdown on \u201cfake\u201d Egyptian cotton worldwide and increase in domestic prices are helping revive interest in cultivating Egypt's high quality long-staple cotton, Arwa Gaballa and Eric Knecht write for Reuters. Egyptian cotton output will be \"between double and triple this year,\" said Ahmed Elbosaty,\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":575302,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/11\/private-sector-buys-40k-qintars-of-cotton-under-new-auction-system\/","url_meta":{"origin":647215,"position":3},"title":"Private sector buys 40k qintars of cotton under new auction system","author":"enterpriseam admin","date":"11 October 2020","format":false,"excerpt":"Private-sector companies bought nearly 40k qintars of cotton since the launch of the state\u2019s new auction-based cotton trading system, which began on 15 September and will end on 15 December, cabinet said in a statement. Companies from the private sector won all auctions held in Fayoum, Beni Suef, Beheira, and\u2026","rel":"","context":"In "Basic Materials + Commodities"","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":645144,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/12\/government-to-increase-price-of-purchasing-local-cotton-from-farmers\/","url_meta":{"origin":647215,"position":4},"title":"Government to increase price of purchasing local cotton from farmers","author":"enterpriseam admin","date":"12 July 2017","format":false,"excerpt":"The government be paying more for cotton it purchases from local farmers, Al Borsa reports. Prime Minister Sherif Ismail will be meeting with the ministers of agriculture and manpower to set a final price, according to Agriculture Ministry spokesman Hamed Abdel Dayem. As it stands, the proposed price increases would\u2026","rel":"","context":"In "Basic Materials + Commodities"","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":575607,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/20\/egypts-farmers-call-for-cotton-subsidies-as-low-prices-bite\/","url_meta":{"origin":647215,"position":5},"title":"Egypt\u2019s farmers call for cotton subsidies as low prices bite","author":"enterpriseam admin","date":"20 October 2020","format":false,"excerpt":"Cotton traders are demanding the government provide subsidies to farmers worth EGP 200-300 per qintar to offset the low prices created by the new public auction system, reports Al Mal. Member of the Egyptian Cotton Union Mahmoud Farouk said prices had been driven down to an average of EGP 1.8k\u2026","rel":"","context":"In "Basic Materials + Commodities"","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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/647215","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=647215"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/647215\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/647178"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=647215"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=647215"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=647215"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=647215"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=647215"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}