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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Morocco’s Unemployment Rate Reaches Highest Point Since 2001

The COVID-19 pandemic and the measures that came with it led to the loss of nearly 600,000 jobs between April and June. Rabat – Morocco’s...

ITKIB URGES GOVERNMENT FOR FINANCIAL SUPPORT

Istanbul Textile and Apparel Exporters Association (ITKIB) urged the government to provide financial support, including tax exemptions and debt delays, to help the sector...

Chinese economy bounces back into growth

China’s economy grew 3.2% in the second quarter following a record slump. The world’s second-biggest economy saw a sharp decline in the first three...

Just a few easy steps to reach the biggest Lighting online show

Global Light & Electron Portfolio Digital Exhibition Date: 15 -21 September Organizer: Zhejiang Honger Convention & Exhibition Co., Ltd. • ESTABLISH UNIQUE CONTACTS with top companies in...

Global Light & Electronic: The Latest Industry Trends Without Limits!

• Portfolio Digital Exhibition (Online Exhibition) • Attend the ONLINE trade show and be the first to know the latest industry trends without limits! • 15-19...

Indian Textile units welcome changes in ECLGS

‘Many of the medium-sized units will get much-needed liquidity support’ Textile units in the region have welcomed the Central government announcement raising the ceiling of...

Textile Industry Thanks Ministry for Change in Credit Scheme

The Indian Texpreneurs Federation (ITF) has expressed its gratitude to India’s Ministry of Finance for raising the annual turnover eligibility limit for companies seeking...

Third China International Import Expo to be held in November

BEIJING - The third China International Import Expo (CIIE) will be held as scheduled offline from November 5 to 10 in Shanghai amid the...

Saudi Arabia forces businesses not to trade with Turkey in effort to boost boycott

Saudi Arabia has been putting pressure on local businesses not to trade with Turkey and its industries in a bid to boost its unofficial...

Mali qualifies for AGOA benefits, USTR notifies

The Office of the United States Trade Representative (USTR) recently notified that imports of eligible products from Mali qualify for the textile and apparel...
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