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Egypt textile sector hit by recession and closures

Egypt textile sector hit by recession and closures

by Manali bhanushali | Feb 18, 2021 | Industry And Cluster, News & Insights

Around 30% of Egypt’s textile factories are understood to have closed as a result of the recession and deteriorating conditions in the country. Egyptian MP, Enas Abdel Halim, confirmed the closures, according to the Middle East Monitor, adding that the remaining...
Prime Minister-designate Boris Johnson is “pro-China”

Prime Minister-designate Boris Johnson is “pro-China”

by TEXTILE VALUE CHAIN | Jul 31, 2019 | Industry And Cluster, News & Insights

Boris Johnson, Britain’s new Prime Minister-designate, said his government would be very “pro-China”, in an interview with Phoenix TV, a Hong Kong-based Chinese-language broadcaster shortly before he was chosen to succeed Theresa May on Tuesday, reported the South...

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