Search Results for: Egyptian
10 results out of 168 results found for 'Egyptian'.
AFRICAN GOVERNMENTS WAKE UP TO POTENTIAL OF OUTSOURCED CLOTHING BUSINESS
Africa governments are waking up to the fact that the continent could be a ‘new frontier’ for clothing manufacturing sourcing, export associations and manufacturers at Destination Africa, a trade event in Cairo, Egypt, have told just-style.
They stressed that Africa has significant opportunities to divert manufacturing from Asia due to rising production costs, especially in China, and take advantage of the proximity to European markets.…
AFRICAN CLOTHING MANUFACTURERS PROJECT GROWTH AS CHINA LOSES COMPETITIVE ADVANTAGE AS AN OUTSOURCER
African clothing exporting countries are banking on rising costs in China and changing consumption patterns worldwide to attract buyers to the continent to take advantage of lower production costs.
Major hurdles abound, but manufacturers are hopeful that clothing facilities built from scratch that abide by international best practices will help the continent’s apparel sector develop.…
EGYPT PLOTS LEATHER EXPORT EXPANSION
THE EGYPT government and leather industry is planning to boost the country’s leather exports by 80%, to USD1 billion by 2020, through modernising the sector and developing dedicated manufacturing hubs. The Egyptian leather sector took a major hit in terms of lost sales and output during the political and economic instability following the 2011 revolution, and there has been no major investment for the past 15 years to upgrade facilities and improve output.…
QATAR STAND OFF HIGHLIGHTS GULF FAILINGS OVER COUNTER-TERROR FINANCE CONTROLS
THE FIVE month-long diplomatic and commercial dispute between Qatar and the so-called ‘anti-terror quartet – ATQ’ of Saudi Arabia, the Saudi Arabia, Bahrain, the United Arab Emirates (UAE) and Egypt) continues and revolves around Doha’s alleged financial support for terrorist groups.…
EGYPT EYES CONTINENT TEXTILE HUB STATUS
EGYPT is trying to develop its upstream textile capabilities to bolster exports and be part of an integrated African continent-wide supply chain, linking its cut-and-sew and quality cotton fibre base. While Egypt exported USD764 million worth of fabric and yarn in 2016 according to the country’s Textile Export Council (TEC), challenges abound regarding Egypt’s efforts to generate more value-added textiles.…
EGYPT – YOUNG CONSUMER BASE KEEPS COSMETICS SAKES VIBRANT AMIDST WEAK ECONOMY AND STIFLING RED TAPE
The Egyptian Pounds EGP1.6 billion (USD90.5 million) Egyptian colour cosmetics market has had steady growth over the past year despite the downturn in the economy, the depreciation of the Egyptian pound and some serious regulatory challenges.
According to market researcher Euromonitor International, in 2016, this market grew by 18% in value terms, year-on-year, mainly influenced by the positive performance of lip care products, primarily lipsticks.…
EGYPT’S LOCAL PRODUCTION SUPPORT FAILS TO GAIN SUPPORT – AND IS NOW UNDER REVIEW
THE EGYPTIAN government has said it will use German consultants to fine tune a planned subsidy system benefiting Egypt-based assemblers who source parts domestically. The goal of the ministry of industry is to smooth concerns about the incentives at the European Commission, the European Union (EU) executive, which wants freer trade between the EU and Egypt and views Egyptian government plans to favour local parts sourcing as a trade barrier.…
EU TO TACKLE G20 OVER TRADE BARRIERS THAT HIT CLOTHING AND TEXTILES SALES
The European Commission will press trading partners at this week’s July 7-8 G20 summit in Hamburg, Germany, to remove unfair obstacles to European Union imports, after a EU report detailed such restrictions, many affecting clothing and textile trades.
Referring to the Commission’s latest annual Report on Trade and Investment Barriers (TIBR), EU trade Commissioner Cecilia Malström warned G20 leaders it was prepared to launch World Trade Organisation cases if necessary: “We are taking action.…
EU TO TACKLE G20 OVER TRADE BARRIERS THAT HIT CLOTHING AND TEXTILES SALES
The European Commission will press trading partners at this week’s July 7-8 G20 summit in Hamburg, Germany, to remove unfair obstacles to European Union imports, after a EU report detailed such restrictions, many affecting clothing and textile trades.
Referring to the Commission’s latest annual Report on Trade and Investment Barriers (TIBR), EU trade Commissioner Cecilia Malström warned G20 leaders it was prepared to launch World Trade Organisation cases if necessary: “We are taking action.…
DEMAND FOR NON-WOVENS INCREASING IN MIDDLE EAST AND AFRICA, BUT LOCAL PRODUCTION CAN BE LACKING
THE MIDDLE East and Africa is certainly a promising regional market for nonwovens manufacturers, given the high level of economic growth in many countries and the rise of consumer-culture focused middle classes. But companies need to be sophisticated in their investment and sales tactics given the immense variety of economic and social fortunes experienced by countries in this most diverse region.…