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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Antwerp Declaration Community Urges EU Leaders to Deliver Emergency Measures as Europe’s Competitiveness Crisis Deepens

Representing the European textile and fashion industry, joins the Antwerp Declaration Community’s call on EU Heads of State and Government to adopt emergency measures...

Donald Trump Signs Executive Order Targeting Iran’s Trade Partners with Potential New Tariffs

US President Donald Trump has signed an executive order that could impose additional tariffs on imports from countries that directly or indirectly purchase goods...

Ghana and United Nations Industrial Development Organization Advance Circular Economy Textile Innovation Centre

Ghana and the United Nations Industrial Development Organization (UNIDO) are moving forward with plans to establish a Circular Economy Innovation and Textile Testing Centre,...

Messe Frankfurt Puts Artificial Intelligence Centre Stage at Global Textile and Apparel Fairs

Messe Frankfurt has announced a major strategic shift for its international textile and apparel trade fairs: Artificial Intelligence (AI) will become a central theme...

Five Exhibition Zones Synergize at ITCPE Guangzhou 2026: Unlocking New Pathways for Intelligent, Green and High-end Textile & Garment Manufacturing

Against the backdrop of the accelerating shift toward intelligent, green and high-end development in the textile, garment, printing and embroidery industries, technological innovation and...

UNITEX Expands Filament Yarn Capacity with Fully Digital Barmag Plant

UNITEX is expanding its capacity by a further 36,000 tons per year with a new filament yarn production plant. Once again, the Vietnamese company...

At SITEX 2026, Stäubli Showcases Practical Innovation for Weaving Mills

At SITEX 2026, held from February 21 to 23 in Surat, Stäubli is demonstrating how advanced innovation translates into measurable benefits for weaving mills....

DOMOTEX South East Asia 2026 to Launch in Bangkok, Thailand

Southeast Asia is emerging as one of the most dynamic construction markets worldwide. Driven by sustained infrastructure investment and urban development, the region’s construction...

US House Backs Retroactive Extension of AGOA and HOPE/HELP Trade Programs

The African Growth and Opportunity Act (AGOA)—first enacted in 2000—expired on 30 September 2025, prompting renewed debate in Washington over the future of US...

5th Canada-Africa Business Conference to Welcome Leaders to Namibia

The 5th Canada-Africa Business Conference, convened by The Canada-Africa Chamber of Business, will take place on February 5, 2026, in Windhoek, positioning Namibia at...
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