Arab Finance: KINGDOM Holdings, the China-based leading company in the linen production, has presented its project for the establishment of a linen factory in Egypt to Minister of Investment and Foreign Trade Hassan El-Khatib, according to an official statement.
In an extensive meeting with Ren Weiming, Chairman of Kingdom, El-Khatib highlighted that the factory would meet European and Asian markets’ demands.
He affirmed the state’s full support for KINGDOM to invest and expand in the Egyptian market.
The minister also stressed the importance of international partnerships in driving economic growth and attracting investments, appreciating the company’s efforts to enhance the linen industry in Egypt.
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