Mohamed El-Shimy, Minister of Public Enterprises Sector, said that the national project to develop the textile and spinning industry is receiving strong support and close attention from the political leadership, noting its pivotal role in strengthening national industry and boosting the competitiveness of Egyptian products in both local and international markets. El-Shimy explained that Misr Spinning and Weaving Company in El Mahalla El Kubra represents a cornerstone of the project. The meeting formed part of the ongoing follow-up on the implementation of the national textile and spinning industry development project. Discussions addressed several shared work files and explored ways to enhance cooperation and coordination between the Ministry of Public Enterprises Sector and Gharbia Governorate. The governor also praised the Minister of Public Enterprises Sector for his continuous follow-up and efforts to support plans to revitalise the company and enhance its competitiveness.

Source: Daily News Egypt January 03, 2026 21:05 UTC