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The agreement aims to pay dues and to provide financial liquidity to buy raw materials, says parliamentary official
Workers to continue striking until the 10% bonus is issued
Officials to plan visit to Gharbeya to “study” workers’ complaints
Prime minister appoints ministers of industry and agriculture and Egyptian Chamber of Textile Industries to agree on cotton cultivation policy
Holding Company for Cotton Spinning and Weaving has debts exceeding EGP 1bn, aims to push growth rate to 70% during the current fiscal year
Holding Company for Spinning and Weaving is comprised of 32 subsidiary companies, including 9 cotton companies and 22 spinning and weaving companies.