Economy News

India-New Zealand FTA Creates US$2 Billion Export Opportunity for Indian Textile Industry

India's textile and apparel industry is expected to benefit significantly from the forthcoming India-New Zealand Free Trade Agreement (FTA), which is set to enhance bilateral trade, improve market access,...

NCTO Voices Concerns Regarding USTR’s Textile Mechanism, Part of Administration’s Section 301 Actions on Forced Labor

The National Council of Textile Organizations (NCTO), which represents the full spectrum of the U.S. textile industry from...

U.S. Textile and Apparel Industry Unites Behind New Trade Incentive Proposal

For the first time in recent years, leading U.S. textile manufacturers, apparel brands and retailers have jointly proposed...

Afreximbank: Africa’s Economy Grows 4.5% in 2025 Despite Global Trade Challenges

Africa strengthened its economic resilience in 2025, recording faster economic growth despite rising geopolitical tensions, slowing global demand...

Mohawk Cleared to Acquire Bremworth as Deadline Looms for New Zealand Wool Carpet Deal

Mohawk Industries has received regulatory approval to acquire Bremworth, bringing one of New Zealand’s best-known wool carpet manufacturers...

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Iran’s Handicrafts Exports at Nearly $300mln Per Year

The main destinations for these exports are the Persian Gulf littoral states and Iraq, said Mohamad-Hossein Askarpour, a senior official from Iran's Ministry of...

Bursa Textile Show Fair (BURTEX) Open Its Doors to Textile Professionals

Today The 9th edition of the Bursa Textile Show Fair successfully united industry leaders and international business experts. Hosted by KFA Fuarcılık with the...

Istanbul’s Ambitious Journey to Europe’s Largest Exhibition Venue

Construction has commenced on Europe's largest exhibition site in Istanbul. The Istanbul Exhibition Center is poised to transform into Europe's premier indoor exhibition venue,...

Iran’s 4-month export to ECO members rises 4.52% yr/yr

Iran exported over $3.615 billion worth of commodities to the members of the Economic Cooperation Organization (ECO) in the first four months of the...

Iran-Turkey Trade Exceeds $3b in 7 Months

According to the latest figures released by the Turkish Statistical Institute (TURKSTAT), Iran’s trade with the neighboring country stood at $3.846 billion in January-May...

Birimian x Orange Bank Africa

Birimian, the leading financial institution dedicated to the development of brands symbolizing African creative excellence and exceptional craftsmanship, and Orange Bank Africa ("OBA"), a...

Inspiration with Technical Reference by Designers for Designers

Jörg Hartmann, one of the authors of the book "Color in Knitting: By Designers, for Designers", explains the aims of the new reference work In...

SOEX and Mercedes-Benz AG Save Tonnes of Work Shoes From Disposal

Ahrensburg, June 2023. Until now, Mercedes-Benz had only one solution for discarded safety shoes: the incineration plant. Up to now, around 25 tonnes of...

Terrot: Experience Our Latest Exhibition Machine as well as Our Latest Innovations

EXHIBITION MACHINE MODEL I3P 196 OPEN WIDTH FRAME PREMIERING WITH SMARTEX SYSTEM At ITMA we will exhibit a highly flexible and productive I3P 196 „8-lock“,...

Iran-Syria Joint Economic Commission Following up Implementation of 16 MoUs

Iran’s Minister of Roads and Urban Development, Mehrdad Bazrpash and Syrian Minister of Economy and Foreign Trade, Mohammad Samer al-Khalil met as the heads...
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