Cotton revival could keep Egypt’s economy spinning
The production and export of Egypt’s most famous crop is seeing a revival after quality assurance measures are enacted.
Egypt’s famed cotton industry is starting to revive following a Central Bank decision to float the pound last November and a crackdown on false Egyptian cotton worldwide, the country’s farmers and exporters say.
The production and export of Egypt’s most famous crop have been hit hardest since the January 25 Revolution, which led to a security vacuum and looser regulations degrading the quality of the local cotton.