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European textile machinery makers see strong Egypt growth as Turkish and Chinese mills expand
Executives from Oerlikon Barmag and FONG'S Europe say Turkish and Chinese investment is driving new spinning, yarn and finishing projects in Egypt, citing its location and competitive energy, labour and land costs.
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Egypt Synthetic Silk targets EGP 1.05bn sales as export-led recycled polyester and fabric plants take shape
Egypt Synthetic Silk aims to more than triple sales to EGP 1.05bn this fiscal year and expects its recycled-fabric plant to start in Q1 2027, with most recycled polyester output earmarked for export.
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India–US trade talks have reached a "plateau", Indian finance minister Sitharaman says
India's finance minister said on 5 October that negotiators on both sides have little room left for further concessions, suggesting a deal that could improve Indian apparel's access to the US is not i...
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Pakistan's exports jump 17.6% in September as textiles and apparel grow 6% in first quarter
Pakistan's goods exports rose 17.6% year on year to $2.94bn in September, and textile and apparel shipments grew 6% in July–September, keeping a key home-textile competitor of Egypt on a growth path.
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Egyptian-made clothing now holds 90% of local market as exports head for $4bn, garments chamber says
Egyptian garments now make up about 90% of clothing sold at home, up from roughly half six or seven years ago, and the sector's exports could approach $4bn by the end of 2026, the head of the Ready-Ma...
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Egypt's state textile holding company targets EGP 18.3bn revenue in 2026/27 budget
The Cotton, Spinning, Weaving and Clothing Holding Company approved a 2026/27 budget aiming for about EGP 18.3bn in consolidated revenue, roughly 190% above 2024/25, as its modernised mills push into...
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Egypt launches EGP 1bn fund to revive distressed factories, textiles and garments included
The Central Bank of Egypt and the Ministry of Industry have launched an EGP 1bn private-equity fund to take stakes in struggling factories, with textiles and ready-made garments among its target secto...
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DICE to sell Helwan land plot for $5.5m and use proceeds to cut bank debt
EGX-listed garment maker DICE for Ready-Made Clothes approved the sale of a 62,870 sq m land plot for $5.5m, with all proceeds going to reduce bank facilities, after first-half 2026 profit fell 63.4%.
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ICAC sees world cotton use overtaking production in 2026/27 as output falls 3.8%
The International Cotton Advisory Committee expects world cotton consumption to exceed production by about 201,000 tonnes in 2026/27, reversing last season's surplus, and puts the Cotlook A Index midp...
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Developing countries still supply 64.4% of EU apparel imports as market contracts
Developing countries supplied 64.4% of the value of EU27 apparel imports in January–July 2026, a Fibre2Fashion analysis shows, with China and Vietnam gaining share and Bangladesh, Türkiye, India, Paki...
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Sri Lanka's garment exports fall 6.3% to $3.1bn in January–August 2026
Sri Lanka's garment exports fell 6.3% to $3,108.3m in the first eight months of 2026, while textile exports dropped 9.4%, central bank data reported by Fibre2Fashion show.
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New APTMA chairman says Pakistan could add $3bn in textile exports this year with cheaper energy
Asad Shafi, newly elected chairman of the All Pakistan Textile Mills Association, says the industry could earn an extra $3bn in exports this year and $10bn more in two to three years if energy and fin...
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US, Mexico and Argentina sign G20 statement against forced labour in supply chains
Trade ministers of the United States, Mexico and Argentina signed a joint statement at the G20 trade ministerial calling for closer cooperation against goods made with forced labour, including informa...
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Vietnam's garment exports reach $33.7bn by mid-September as industry eyes up to $47.5bn
Vietnam's textile and garment exports reached $33.66bn by 15 September and industry leaders say a 2026 target of $47–47.5bn is within reach, with order books filled to year-end even as buyers press ha...
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India's apparel output shrinks 7.4% in August as textile mills grow 13%
India's garment production fell 7.4% year on year in August while its yarn and fabric mills grew 13.1%, official data show, as Indian apparel exports dropped 9.1% in April–August — a split that matter...
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ICE cotton futures slide for the week as December contract settles at 78.88 cents
ICE cotton futures fell from the low 80s to the upper 70s cents a pound in the week to 2 October, including a limit-down day, before December 2026 futures bounced to settle at 78.88 cents on Friday, T...
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Egypt opens 2026/27 cotton auctions in Upper Egypt, Giza 98 sells at up to EGP 9,200 a qintar
The first official cotton auction of the new season was held in Fayoum on 1 October, selling about 29,400 qintars of Giza 98 and Giza 95 at EGP 8,400–9,200 a qintar — an early price signal for Egypt's...
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Türkiye's apparel exports slip 1.9% to $10.67bn in January–August 2026
Turkish clothing exports fell 1.88% year on year to $10.67bn in the first eight months of 2026, with both knitted and woven garments down, as weak European demand and cheaper rivals weigh on Egypt's c...
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Bangladesh garment exports rise 8.6% in September as quarter's shipments reach $10.57bn
Bangladesh's apparel exports grew 8.56% year on year to $3.08bn in September, lifting July–September shipments to $10.57bn, though industry leaders say gains came from higher prices rather than volume...
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India extends RoSCTL tax rebate for apparel and made-ups exporters to 31 December
India's Ministry of Textiles has extended its RoSCTL scheme, which refunds embedded taxes to apparel and made-ups exporters, by three months to 31 December 2026, keeping a key cost support in place fo...
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Egyptian cotton exports open 2026/27 season at 6,811 tonnes, with India taking over 80%
Egypt shipped 6,811 tonnes of cotton to six countries between 1 and 27 September, the first weeks of the new export season, according to Cotton Exporters Union data reported by Al Mal. India alone too...
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IAF warns US tariffs threaten global fashion, textile industry
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