Egypt and Sweden sign historic textile machinery deal ...Egypt

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Switzerland’s ambassador to Egypt Yvonne Baumann hosted a reception on Wednesday celebrating a historic textile machinery export transaction between Switzerland and Egypt. “Switzerland and Egypt share a history of fruitful collaboration in the textile sector, which dates back to the 19th century. This most recent agreement is in line with the two countries’ tradition in this field, and I am certain that Egypt will incorporate it into it successful strategy to further increase its exportation of high-quality textiles,” the ambassador said. The deal, signed in December, saw Credit Suisse and several other banks sign a €355 million deal with the Cotton & Textile Industries Holding Company (CTIH

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Last updated : 18 October 2022 clock 03:37 PM

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Egypt and Sweden sign historic textile machinery deal ...Egypt

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