United Arab Emirates

Egypt to establish world’s largest textile factory in Mahalla

Egypt’s Minister of Public Business Sector Hisham Tawfik announced on Saturday that the ministry is set to establish the world’s largest textile factory, at the al-Shouna area of al-Mahalla al-Kobra in the Gharbiya governorate. This comes about as part of a plan to establish four new factories in addition to preparing for the establishment of 10 new mills. In a meeting with representatives of the Mahalla Spinning and Weaving Company’s workers, Tawfiq said that the development of textile companies begins with the development of cotton cultivation. He pointed out that the Agriculture Ministry brought a global initiative to oversee the cultivation of 20,000 acres of cotton, adding that LE21 billion will be pumped to ...