Economy News

AUS Professor’s Research on Smart cities and IoT-based platforms contributes to United Nations’ Sustainable Development Goals

American University of Sharjah (AUS) continues its commitment to research that positively impacts society, as renowned professor and researcher Dr. Abdul-Rahman Al-Ali publishes research on smart cities applications and...

UAE Launches ‘Naseej’ Initiative to Advance Textile Circularity and Reduce Waste

The United Arab Emirates (UAE) has launched Naseej, the National Initiative for Textile Circularity, marking a significant step...

NCTO Supports Congressional Push for Stronger US Textile Customs Enforcement

The National Council of Textile Organizations (NCTO) has welcomed a bipartisan effort in the US House of Representatives...

GID Textile Egypt Targets $500 Million in Exports with Major Expansion Plans

Egypt is set to strengthen its position as a regional textile manufacturing hub as GID Textile Egypt Group...

India–Oman CEPA Opens New Export Opportunities for Textile and Apparel Industry

The implementation of the India–Oman Comprehensive Economic Partnership Agreement (CEPA) is expected to provide a significant boost to...

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Iranian Exports to Russia Increase by 30%

Iranian exports to Russia increased last year by 30% compared to the previous Iranian calendar year. According to the official statistics from Customs, more than...

Trade exchanges between Iran, Zimbabwe to increase to $500M

Iranian Minister of Cooperatives, Labor, and Social Welfare Solat Mortazavi predicted that trade exchanges between Iran and Zimbabwe would increase to more than $500...

BRICS Membership Expands Iran’s Economic Ties: Businessman

He emphasized the importance of Iran becoming an official member of international and regional organizations such as BRICS, following its accession to the Shanghai...

Textile SIT to Target Serial Defaulters

The Special Investigation Team (SIT) formed to probe cases of fraud in the textile industry has shelved more than 1,000 applications which were around...

Pakistan’s Textile Exports Fall 6% Year-on-Year in August, Clock in at $1.48bn: APTMA

Pakistan's textile sector experienced a decline in exports, with August figures at $1.48 billion compared to $1.58 billion from the previous year, marking a...

Iran, Qatar Stress on Developing Cooperation, Especially in Labor, Employment Fields

Iranian Minister of Labor and his Qatari counterpart emphasized the expansion of cooperation in fields of labor, employment, and exchange of skill training experiences. On...

TEXWORLD NYC: Your Gateway to Global Textile and Apparel Sourcing

Twice a year in New York City, thousands of international exhibitors gather to connect with buyers for the largest sourcing event on the East...

Prashanta Group Celebrating 1000 M/Cs in Surat

Prashant Group; comprises of India’s premier engineering companies, offers One-stop solution in the field of weaving preparation & logistics with a strong commitment to...

Iran, Saudi Arabia Stress Need for Signing investment, Customs, Trade Agreements

Iranian Minister of Economic Affairs and Finance, Ehsan Khandozi met with Mohammed Al-Jadaan, Minister of Finance of Saudi Arabia at the sideline of 2023...

Armenia Seeking Access to Arab Markets, India through Iran

“Armenia and Iran attach great importance to the prospect of carrying out shipments through the Persian Gulf-Black Sea logistic route, and the Armenian side...
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