Modern Nile Cotton Company has been the largest exporter of Egyptian cotton fiber in the last 3 years, and during this current season, its exports value has exceeded 52 Millions USD, and it has exceeded 104 Million USD during last season.The newly formed Amwal Arab Holding Company is a joint venture company established between Amwal El Khaleej investment fund and Arab Cotton, Ginning Company with a 43% shares each with a paid in capital that exceeds 170 Million USD.The newly formed Holding company will create a vertically integrated textile and apparel group of companies that will take advantage of low cost of labor and energy, as well as the QIZ agreement and the EU partnership agreement.”