Latest in Tag: Holding Company for Spinning and Weaving Highlight
Latest in Tag: Holding Company for Spinning and Weaving

House of Representatives asks Ministry of Finance, Holding Company for Spinning and Weaving, and National Investment Bank to sign a tripartite agreement to repay debts
The agreement aims to pay dues and to provide financial liquidity to buy raw materials, says parliamentary official

Contradicting official statements reason for continuing strike: Mahalla workers
Workers to continue striking until the 10% bonus is issued

Open-ended strike in Mahalla
Officials to plan visit to Gharbeya to “study” workers’ complaints

Government decides on support for textile workers, adopts industry as national project
Prime minister appoints ministers of industry and agriculture and ‏Egyptian Chamber of Textile Industries to agree on cotton cultivation policy

Cotton company asks EGAS to approve debt repayment schedule
Holding Company for Cotton Spinning and Weaving has debts exceeding EGP 1bn, aims to push growth rate to 70% during the current fiscal year

Weaving company loses EGP 1bn in current fiscal year: Chairman
Holding Company for Spinning and Weaving is comprised of 32 subsidiary companies, including 9 cotton companies and 22 spinning and weaving companies.