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Phase-I of project to revive Egypt’s textile industry over: PM

The first phase of the project to revive the textile industry is over, Egyptian PM Mostafa Madbouly has announced.
This includes the operationalisation of key facilities like Ghazl 4 and Ghazl 1, as well as more textile preparation units and the construction of power infrastructure.
The second phase is scheduled to be over by mid-2025, with the full project expected to conclude by early 2026.Read More

01.01.2025Comments Off,
Turkiye to offer monthly support of up to $70.75 per employee to SMEs

Turkiye gives utmost importance to maintaining the competitive strength of its apparel, textile, leather and furniture sectors, President Recep Tayyip Erdogan has said.
There are plans to provide support payments of up to $70.75 per month per employee to SMEs that maintain the employment level of the last months of this year in 2025, he said.
The key priority is to lower inflation, he added.Read More

01.01.2025Comments Off,