Economy News
Economy News
Voltalia and TAQA Arabia Partner to Boost Egypt’s Green Energy and Hydrogen Production
Voltalia (Euronext Paris), a global leader in renewable energy, and TAQA Arabia have signed a significant framework agreement to develop a cluster that combines renewable energy generation with green...
Economy News
Egypt Aims to Triple Foreign Direct Investment to $30 Billion
In a bold move, Egypt's newly formed cabinet has set an ambitious target to triple foreign direct investment...
Economy News
20% Wage Increase for Tunisian Textile Workers Agreed for 2024-2026
In a significant development for the Tunisian textile industry, workers are set to receive a 20% wage increase...
Economy News
READY TO SHOW at MILANO FASHION & JEWELS – SAVE THE DATE Sept 14-17, 2024 at FIERA MILANO-RHO Hall 10
READY TO SHOW was created as the first sourcing tradeshow in Italy to give international producers of apparel,...
Economy News
Shrinkage in EC and Decrease in Turkish Export
The contraction in European economies also caused damage to the exports of Turkey, one of the main suppliers...
Senior Iran MP calls for resumption of banking ties with Pakistan
A senior member of Iranian parliament says that resumption of banking ties between Iran and Pakistan is very important to enhance trade cooperation between...
Nigerian Central Bank panel to revive textile firms
The Central Bank of Nigeria (CBN) recently set up a committee to revive the country’s cotton, textile and garment industry following the earlier restriction...
Welspun India sees 46% growth in domestic retail business
Welspun India Limited (WIL), part of the $2.3 billion Welspun Group, has registered 46 per cent year-on-year growth during Q4 FY19 in domestic branded...
‘IKATS, Cloths of life’, Musée Bargoin
An exhibition of ikats will take place at the Musée Bargoin in Clermont-Ferrand, France, from 18 May to 22 September, 2019. ‘IKATS, Cloths of...
Iran attends SCO int’l investment fair
SCO int'l investment fair :: The first Shanghai Cooperation Organization (SCO) International Trade and Investment Fair opened on Friday in the port city of...
Iran, Pakistan working on barter trade mechanism
Pakistan Prime Minister’s Advisor on Commerce, Textile, Industries and Production says Iran and Pakistan are working on a barter trade deal mechanism to enhance...
Iran Textile Industry Closer To Regional Economic Giants
An unemployment rate of over 12%, inflation at 36.9%, government debt of almost 40% of GDP, a GDP that could fall by 3% in...
Cambodian economy achieves robust growth in 2018: WB
The Cambodian economy grew 7.5 per cent in 2018, according to the World Bank’s (WB) recently-released Cambodia Economic Update, which said this better-than-expected growth...
Int’l Machine-Made Carpet and Flooring Exhibition Held in Tehran
Save the date: 13 - 16 September 2019 / Tehran - Iran
The 10th edition of International Floor Covering, Moquette, Machine made Carpet, and Related...
Armenian Alex Textile to invest AMD15.6 bn to raise output
The Armenian Government recently decided to offer customs benefits to Alex Textile as the company has announced to invest more than 15.6 billion drams...