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Economy News

The Belgian Textile Industry in 2023: Stability Amid Challenges

Turnover Holds Steady Despite Declines in Volume In 2023, the Belgian textile industry managed a stable turnover, recording €5.1 billion—a slight drop of 0.4% compared to 2022. While volume dropped...

Turkish Furniture, Paper, and Forestry Products Industry Expands Its Export Reach to Africa

In a strategic push to broaden export markets, the Istanbul Furniture, Paper, and Forestry Products Exporters' Association has...

Exploring the Future of Textile Machinery: Insights from Alex Zucchi at ITMA Asia + CITME 2024

Today, we had the privilege of interviewing Mr. Alex Zucchi, President of CEMATEX (the Association of European Textile...

Rieter Investor Update 2024

• Order intake of CHF 226.4 million in the third quarter, CHF 629.8 million after nine months • Sales...

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...

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Turkish exports to Egypt break record in Jan.-Aug.

Türkiye’s exports to Egypt reached an all-time high from January through August with $2.8 billion (TL 51.10 billion), according to an Anadolu Agency (AA)...

Trade with Africa exceeds $520m in 4 Months

Iran traded 890,287 tons of non-oil commodities worth $526.35 million with African countries during the first four months of the current Iranian calendar year...

The Hams Group selects Coats Digital’s FastReactPlan to meet growing demand for smaller order quantities and more styles

By streamlining business critical information into a single digitised source, FastReactPlan will significantly optimise data visibility across relevant teams; increase efficiencies and help to...

Iran’s exports to Albania stand at $3.6m in H1

The value of Iranian exports to Albania reached $3.6 million in the first six months of 2022, according to Albania’s Institute of Statistics (INSTAT). As...

The International Trade Centre (ITC) brings Tunisian textiles firms to Egypt to boost regional trade

In the first business-to-business mission since the pandemic, the International Trade Centre brought together 10 Tunisian and 26 Egyptian companies in May in Cairo,...

Turkish Fashion Industry Short Review + 16 Top Turkish Fashion Brands

How to Know Top Apparel Brands in the Turkish Fashion Industry? Turkey is a beautiful country that connects Western Asia and Eastern Europe. It is...

Turkey.. Textile export revenues 6.1 billion dollars

Turkey’s revenues from textile and raw materials exports amounted to 6 billion and 119 million dollars during the first 7 months of this year. According...

Australian investors keen on cooperating with Iran: Envoy

Australian Ambassador to Iran the has said that numerous tradesmen and investors in Australia are interested in collaborating with Iranian businesses. Sachs made the remarks...

Iran-Turkmenistan ties beyond neighborliness

Iran and Turkmenistan have great capacities to elevate their ties and become a good example in the region, as the Raisi administration in Iran...

Autoneum updates its outlook for 2022 as a result of the Ukraine war

Due to the impact of the war in Ukraine on the automotive industry and vehicle production as well as of rising inflation, Autoneum is...
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