Egypt promotes private sector partnership to accelerate textile, garment industry development
Egypt’s Minister of Public Enterprises Sector, Mohamed El-Shimy, held a meeting with representatives from the Ready-Made Garments and Home Textiles Chamber, the Textile Industries Chamber, and the Apparel Export Council to discuss ways to strengthen cooperation with companies affiliated to
GAFI, HKTDC explore textile, garment investment opportunities
Egypt’s General Authority for Investment and Free Zones (GAFI) held a roundtable meeting with the Hong Kong Trade Development Council (HKTDC) to explore opportunities for strengthening investment partnerships in the textile and ready-made garments sector. The meeting was chaired by
Turkish firm Eroglu Moda Tekstil to invest $5.6m in Egypt garment factory
Turkish company Eroglu Moda Tekstil has signed an agreement to establish a $5.6m (EGP 265m) ready-made garment factory in the West Qantara Industrial Zone, targeting the export of 95% of its annual production to global markets. Waleid Gamal El-Dein, Chairperson
Egyptian companies account for 63% of nation’s apparel export structure
Egyptian companies have maintained a dominant position within the country’s ready-made garment export structure, consistently holding a 62%-63% share of total exports. In comparison, foreign companies operating in Egypt account for 37%-38%. These figures highlight the vital role of local
Egypt’s textile, garment exports to surge to $1.4bn by 2025: Apparel Council
Textile exports have seen a significant increase in recent years, reaching $1.2bn in 2023, marking a 5% growth, according to Hani Salam, Chairperson of Apparel Export Council of Egypt. Salam said that the council aims to raise the sector’s exports
Ready-made garment exports record 23% increase in 4M 2024 – Dailynewsegypt
Marie Louis Bishara, President of the Readymade Garment Export Council, recently announced impressive growth in Egypt’s ready-made garment exports. From January to April 2024, the sector’s exports surged to $856m, a substantial increase compared to the $697m recorded during the