Arab Today, arab today eu contributes €20m to textile industry in egypt
Last Updated : GMT 21:25:08
Arab Today, arab today
Arab Today, arab today

EU contributes €20m to textile industry in Egypt

Arab Today, arab today

Arab Today, arab today EU contributes €20m to textile industry in Egypt

European union
Alexandria - MENA

Klara Kanska, the First Secretary of the EU's Trade, Science and Enterprise section, has stressed the importance of the textile industry in Egypt.

The EU is contributing some 20 million euros to upgrade textile industries in Egypt, Kanska said in her speech to the third EuroMed conference on textileson Tuesday, stressing the importance of investing in this field.

The conference was organized by the Chamber of Commerce in Alexandria in cooperation with the EU and the EuroMed Invest program.

Representatives of textile projects were present to discuss means to establish cooperation and integration with the EU that would benefit the textile private sector.

Kanska said experts will set up strategies needed to manage textile investments and make the textile sector more effective.

Speaking at the conference was also chairman of the Federation of Egyptian Chambers of Commerce Ahmed el Wakeel. He said Egypt is racing against time to create an investment-friendly climate through economic legislation and reform, as well as incentives.

Wakeel also talked about activating the role of the private sector; involving it in promising investment opportunities.

Egypt's growing economy is the outcome of a decade of peace, stability and security, plus economic reforms, Wakeel told the conference.

Egypt has been rated among the world's top five reformers in a World Bank "Doing Business" report, said a proud Wakeel.

He told the conference that Egypt is the biggest market in Africa and the Arab world, with some 90 million consumers, whose average income is also growing.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today eu contributes €20m to textile industry in egypt Arab Today, arab today eu contributes €20m to textile industry in egypt

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today eu contributes €20m to textile industry in egypt Arab Today, arab today eu contributes €20m to textile industry in egypt

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday