Textiles News
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Turkish textile firm to invest USD 500 mn in new Egypt factory
The company will establish the factory through its local subsidiary KCG Textile Egypt.
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Egypt: Arab Cotton Ginning’s consolidated profits soar 120.8% YoY in FY2022/23
The company’s revenues climbed to EGP 3.366 billion last FY, up from EGP 2.075 billion in the prior year.
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Egypt: Oriental Weavers posts over $44mln consolidated profits in 9M-23
Total assets hit EGP 22.45 billion in 9M-23, versus EGP 19.17 billion as of 31 December 2022.
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Egyptian Textile Brand Naseej Fabrics Unveils Keffiyeh-Inspired Cushions in Solidarity with Gaza
For many non-Palestinian Arabs, the Keffiyeh holds significant cultural value as an early symbol of Palestinian identity.
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Oriental Weavers unveiled its spectacular 2024 collection at exclusive Pre-Look Event
Based in Cairo, the Group has manufacturing facilities in the United States and Egypt and distributes its products in more than 130 countries.
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Italian footwear company Cofra to build €10 mln factory in Egypt
The Italian safety footwear company Cofra plans to build a factory in Egypt with an investment of 10 million euros, Minister of Trade said.
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Heimtextil 2024 set to witness significant growth
World's leading textile fair Heimtextil 2024, taking place from 9th to 12th January in Frankfurt am Main, is set to witness significant growth.
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Ventile sets Egypt on a course to biodynamic farming
Ventile, a sustainable textile manufacturer, partners with the Egyptian Biodynamic Association to promote sustainable agricultural practices.
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China’s Hengsheng Dying Zhejiang to establish $70mln textiles factory in Egypt
To be built on a 200,000-square-meter area, the factory is set to create nearly 1,500 job opportunities.
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Turkish companies to open more textile factories in Egypt
Turkish ready-made clothes and textiles companies are planning to open new factories and stores in Egypt in the coming period.
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FRA reviews compulsory purchase offer submitted to Dice Sport & Casual Wear
Egypt's Financial Regulatory Authority (FRA) is reviewing a compulsory purchase offer for a portion of capital shares of Dice Sport & Casual Wear. The cash price per share set at LE 0.65.
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"Our Heritage" Handicrafts Exhibition to Kick off on Oct.8
The participants will display various traditional handicrafts that characterize each of Egypt’s governorates.
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Better Cotton And Cotton Egypt Association Inaugurate Renewed Strategic Partnership At Multistakeholder Event In Cairo
Participants discussed opportunities to collaborate and what is required to increase the uptake of more sustainable Egyptian cotton.
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2nd Egypt Fashion Awards Winners Announced
The winners of the 2nd edition of the Egypt Fashion Awards were announced in a ceremony at the Mall of Arabia.
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Dice Sports and Casual Wear receives preliminary offer for 90% stake acquisition
A consortium led by Toma for Commercial and Industrial Investments, along with Maged Toma, is interested in acquiring 90% of Dice Sports and Casual Wear, worth over LE 1.1 billion.
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Egypt: Talaat Moustafa Group, Colin’s partner to open 3 branches in San Stefano, Madinaty
All Seasons Park is one of the latest integrated commercial centres and shopping destinations developed by the Talaat Moustafa Group.
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Chinese Cady Textiles lays foundation stone for vast Egyptian textile factory
Egypt Cady Textile Company started the construction of a 145,500-square-meter eco-friendly clothing and textile factory in the TEDA-Egypt zone.
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Nigeria, Egypt to lead Africa’s fashion market with $2.5B revenue
These two nations are primed to collectively rake in a whopping $2.5 billion in revenue by the close of 2023.
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Tunisia: Dabchy expands fashion e-commerce platform to Egypt
Tunis-based peer-to-peer (P2P) fashion marketplace Dabchy has launched operations in Egypt.
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The Egyptian textile industry: unraveling opportunities for global investors
Egypt's booming textile sector, enriched by a skilled workforce, duty-free market access, and world-class facilities, is primed for foreign investment