Industry Minister reviews GIDE Textail Egypt expansion

Egyptian Minister of Industry, Khaled Hashem, discussed with the "Jaid Textile Egypt" Group their expansion plans in the Egyptian market. The company aims to increase its exports to $285 million by the end of this year and target $500 million by 2029-2030. Founded in 2008 and employing around 15,000 workers, the company is planning new expansions and initiatives related to sustainability and green industry to boost its competitiveness in the global market. The meeting focused on government support for the development of the spinning and weaving sector and enhancing local manufacturing.

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