Thomas Johnston

Egypt, PADMA to launch €70M furniture manufacturing hub

Expressing gratitude for Egypt’s supportive environment, Krupa announced that construction on the 400,000-square-meter site has already begun.

With regard to the export markets of the sector, the United States of America ranks first with 871 million dollars, accounting for 43 percent.

Egyptian Ministries of Agriculture and Industry have signed a document for the second phase of the Egyptian Cotton Project with UNIDO.

The index, excluding crude oil and petroleum products, registered at 111.44, a slight decrease of 0.01 percent from July's final figure of 111.45.

Minister El-Khatib confirmed the plant’s grand opening is scheduled for the first quarter of 2025.

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