Cotton
This year, the Ministry of Agriculture successfully increased the area planted with cotton by 23% compared to the previous season, expanding from 255,000 acres to 311,700 acres nationwide.
Extra-long and long staple cotton composed 81 percent while the rest is medium and short staple.
It is called Giza 99 or Extra Giza.
Egypt Saves $2 Billion Cotton and Raw Materials Imports After Successful Cultivation of "Short Staple" Cotton
The operation of the factories is geared towards producing thick and medium yarns, which fulfill 98.5% of the requirements of both the global and local markets, according to sources at the State’s Public Sector as reported by the newspaper. It was emphasized that the reactivation of the factories would result in saving $3 billion previously allocated for importing these types of yarns.
Under the new pricing scheme, a medium-staple quintal of cotton in Upper Egypt will be set at LE 10,000, while a long-staple quintal in Lower Egypt will be priced at LE 12,000
The president was also briefed on the possibility of investing lands owned by the Ministry of Public Enterprise.
The world celebrates the International Day of Rural Women on October 15 of each year, which was set by the United Nations General Assembly in 2007.
Three new cotton varieties were developed and registered, while Giza 98 variety is underway, bringing the productivity from 8 to 10 quintals per feddan.
Egypt exports 90 percent of its produce annually with India being the top exporter followed by China and Bangladesh.
The amount of cotton production amounted to 2.3 million quintals in 2021, marking an increase of 33.3 percent on a year on year (YoY) basis.
Receiving old money that is torn, dirty and tattered is very possible when getting exchange after a purchase.
The ministry noted that more of the crop could be grown but the ministry has set a maximum.
The experience took place in New Valley's Sharq Al Owaynat.
The president statements' came during the inauguration of new Aswan’s Urea and Ammonia Plant.
Egypt increased the cultivated area this year to reach 236,000 feddans. It is the same harvested area in 2019.
Cotton worldwide used to be colored but a mutation occurred turning the specie into white, Mosaad explained.
The government is also working on another large textile enterprise.
In a statement, the ministry said Minister of Public Business Sector Hisham Tawfiq closely followed up the progress of the project to establish the gins in the cities of Zagazig, Kafr El Zayyat and Kafr El Dawwar.
He also ordered the government to establish national factories that produce high-quality cotton products at affordable prices for citizens.
