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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An Economic Recovery Could Happen Sooner Than We Think

Below is a rare piece of good news—welcome relief in a period dominated by uncertainty. The article, originally published by The Telegraph, highlights an...

Angolan, Turkish Businesspeople Bet On Strengthening Cooperation

Cooperation between Angola and Turkey may contribute to reversing the import scenario and boost national production, the participants at the Business Forum between the...

TURKEY BECOMES THE WORLD CHAMPION IN GROWTH

The Turkish economy grew beyond expectations with 6.7% in the third quarter. Ranked first upon this rate, Turkey is followed by China with a...

Kenya’s Kirinyaga county to revive Mwea Cotton Ginnery

The government of Kenya’s Kirinyaga county is planning to revive the Mwea Cotton Ginnery to support cotton farmers whose number has risen after the...

Morocco signs 17 investment agreements to boost industry

Morocco signed 17 investment agreements worth $93.6 million recently to boost the industrial sector, hit by the pandemic. These include four memoranda of understanding (MoUs)...

AfCFTA to Drive Post-Pandemic Growth and Poverty Reduction in Africa

The African Continental Free Trade Agreement (AfCFTA) will unlock significant business opportunities to help lift Africans out of poverty in the post-COVID-19 era, according...

Ethiopia freezes bank accounts of companies ‘financing TPLF’

By AGGREY MUTAMBO The Ethiopian government on Tuesday froze bank accounts of businesses linked to leaders of the Tigray People’s Liberation Front. The Federal Attorney General...

Turkish exports to Balkan countries top $10 billion as of Oct. 31

Turkey's exports to Balkan countries exceeded $10 billion from January through October this year, according to official data, with sales in some markets seeing...

Tehran to Host Next Meeting of Iran-Pakistan Joint Economic Committee

Iran and Pakistan have agreed to convene the 9th Joint Economic Committee (JEC) meeting in Tehran next month, marking another step toward strengthening bilateral...

ZIMBABWE’S TEXTILE AND CLOTHING EXPORTS DECLINE BY 58%

As per ZimTrade, Zimbabwe’s clothing and textile exports declined 58 per cent decline to $17 million between January and August this year. Its clothing and...
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