Textile

Egypt targets $100 million Chinese textile investment to boost jobs and exports

CAIRO, Dec 9 (MENA) – Egypt is ready to welcome new industrial investment, CEO of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba said on Tuesday, as the country holds talks with Chinese firm Fountain Set Limited to establish a $100 million textile complex. Heiba met the company delegation, a global leader …

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Egypt Independent December 11, 2025

China proposes to build a major textile manufacturing city in Egypt worth $300 mln

A Chinese alliance has expressed interest in establishing an integrated textile city in Egypt covering all stages of the industry, with investments estimated at $300 million, according to a report by Egyptian state-owned newspaper Al-Ahram. This announcement came during a meeting between the Chairman of the General Authority for Investment and Free Zones (GAFI) in …

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Egypt Independent April 25, 2024