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Elsewedy Industrial Development, Crystal Group to build $350M industrial complex

Elsewedy Industrial Development Company and Crystal Group signed an agreement to establish an integrated industrial complex for spinning and weaving industries, with initial investments of $350 million.

Updated 1/19/2026 1:49:00 PM
Egypt explores investment cooperation with Chinese investors in textile sector

Minister of Public Business Sector Mohamed Shimi has received a high-level Chinese delegation comprising 37 investors and representatives from around 25 major textile companies

Updated 5/13/2025 9:03:00 AM
Egypt, ICAC mull boosting cotton sector cooperation

Minister of Investment and Foreign Trade Hassan El-Khatib met with Executive Director of the International Cotton Advisory Committee (ICAC) Eric Trachtenberg to discuss enhancing cooperation in the cotton sector and supporting Egypt's spinning and weaving industry.

Updated 4/28/2025 12:46:00 PM
Egypt launches 2 integrated textile cities in Minya, Fayoum with $3.5B investment

The Egyptian Ministry of Industry and Transport has announced the launch of two integrated textile cities in Wadi Al-Saririya, Minya, and North Fayoum.

Updated 4/13/2025 1:45:00 AM
Egypt advances spinning, weaving industry with ambitious national development project

Prime Minister Mostafa Madbouly has highlighted progress in Egypt’s national project to rejuvenate the spinning and weaving industry, a three-phase initiative designed to restore the sector’s prominence and economic contributions.

Updated 12/29/2024 5:05:00 AM