EGYPT: 60pct Decline in the Public textile Sector losses to reach 145 Million USD

The ministry of investment has predicted a decline in the loses of the textile sector of about 1.4 billion pounds by the end of the current fiscal year, after repaying the debt of the business sector companies, at the time where the holding company of Spinning & Weaving is preparing a study to restructure the whole sector.

Source: AL Masry Al Youm Newspaper