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...
Germany promises Tunisia 7,450 jobs over 2 years
During a two-day working visit to Tunisia, German Federal Minister for Economic Co-operation and Development, Dr. Gerd Müller, announced the signing of new declarations...
Wool prices advance at Australian wool auctions this week
The Australian Wool Exchange (AWEX) Eastern Market Indicator (EMI) advanced by 7ac clean/kg for the week to close at 1934ac. When measured in USD, the positive...
Soon 90% of GST payers to file quarterly return: FM
Soon, businesses comprising over 90 per cent of goods and services tax (GST) payers will be allowed to file quarterly return, finance minister Piyush...
McDermott bags ethylene furnace award in Indonesia
McDermott International, Inc has been awarded a sizeable technology contract by PT Chandra Asri Perkasa for the detailed engineering of 8 proprietary SRT (Short...
US sets new March 2 date for China tariff rise amid talks
The US Trade Representative’s (USTR) office recently changed the scheduled date of a tariff rate rise to 25 per cent from 10 per cent on $200...
Pakistan-Italy MoU to expand economic, trade cooperation
Pakistan-Italy MoU :: Pakistan and Italy recently signed a memorandum of understanding (MoU) to enhance economic and trade cooperation in various sectors including agriculture, textile, clothing, leather,...
1st specialized free zone for textile industry in Egypt
The world’s first specialized free zone for the textile industry is under construction in Egypt’s Minya Governorate, the chief executive officer of the General...
Morocco’s Exports to Spain up 6.7 % in First Seven Months of 2018
Morocco’s exports to Spain increased by 6.7% in the first seven months of 2018 compared with the same period last year, the EU statistics...
eBay partners with Noon for e-commerce sales in Middle East
Noon, the $1 billion e-commerce venture backed by Dubai businessman Mohamed Alabbar and Saudi Arabia's sovereign wealth fund, has entered into a partnership with...
Russian giant mining co. ready to commence co-op with Iran
Ural Mining and Metallurgical Company (UMMC), one of the top Russian producers of major minerals including copper, zinc, coal, gold and silver, has voiced...