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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EGYPT’S EXPORTS TO EAST ASIA HIT $4.3BN IN 2018

The Egyptian Central Agency for Public Mobilization and Statistics (CAPMAS) has reported an increase in the value of exports to East Asian countries by...

Tunisia to host ”Prosper Africa” Summit in February 2020

Tunisia will host on February 6, 2020 the “Prosper Africa” Summit, a U.S. Government Initiative that unlocks opportunities to do business in Africa —...

Tunisia: CEPEX Trade Representations in Africa at the service of exports

Nearly 400 Tunisian companies wishing to go global took part in the open day with members of the network of commercial representations of the...

SAUDI ARABIA IS THE FIRST IN THE WORLD IN TERMS OF EASY INVESTMENT

Saudi Arabia has made qualitative progress, jumping 72 global ranks to become the first country in the world in terms of ease of doing...

Ashgabat plans to invest $300 mn by 2025 in textile sector

Turkmenistan is planning to allocate more than $300 million by 2025 for the implementation of more than 30 projects in the textile sector. Eighteen...

HIGH TARIFFS BAD FOR AFRICAN CONTINENTAL FREE TRADE AREA

Sometimes, depending on the tax policy of a given country, a tariff could be set as high as 60%. Even though several factors influence...

Global economy to slow, tensions to ease in 2020: report

Global economic growth is likely to fall to just over 3 per cent in 2019 and 2020 from 3.8 per cent in 2018, while...

China Aims to Double 2010 GDP Figures By 2020 End

China's top economic priority in 2020 is to build a moderately prosperous society in all respects with regulatory support, policymakers and analysts said recently....

AS IT SHARES RISE 10%, SAUDI ARAMCO BECOMES WORLD’S LARGEST LISTED COMPANY

As its shares rose by 10 % on stock market debut in Riyadh, the Saudi Aramco company has become the world’s largest listed company. According...

Egypt enjoys good investment opportunities

UAE Ambassador to Egypt Gomaa Mubarak said that there are many good investment opportunities in Egypt for UAE businessmen. Addressing the Egypt-UAE Forum for Trade...
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