Eroglu Knitting receives $80M financing for $140M textile expansion in Egypt

Commercial International Bank (CIB) provided an $80 million financing package to Eroglu Knitting for a $140 million expansion in West Qantara Industrial Zone, Egypt. The 150,000-square-meter complex will produce 24 million ready-made garments annually for export, with 100% of sales to international markets.

“Commercial International Bank (CIB) announced an $80 million financing package for Eroglu Knitting's expansion”apertiallamisericordia.org

• 1 source
• apertiallamisericordia.orgCIB Funds $80M Eroglu Knitting Expansion in Egypt: Boosting Textile Industry & FDI (2026)Rev. Leonie WymanNov 6, 2026

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