Economy News
Economy News
India Achieves 7% Growth in Textile Exports
India's textile exports, including handicrafts, recorded a 7% increase from April to December 2024, reinforcing the countryโs position as a key player in the global textile market. Minister of...
Economy News
UAE and Central African Republic CEPA to Boost Trade Beyond AED3.67 Billion
The UAE and the Central African Republic (CAR) have signed a Comprehensive Economic Partnership Agreement (CEPA) aimed at...
Economy News
NCTO Expresses Concern Over President Trumpโs Tariffs on Mexico and Canada
The National Council of Textile Organizations (NCTO) has raised serious concerns regarding the Trump administrationโs recent decision to...
Africa
Africaโs Economic Challenges: An Opportunity for Transformation, Says UNCTAD
Africaโs economic struggles, marked by dependency on volatile global markets, infrastructure deficits, and escalating debt, offer a unique...
Economy News
EURATEX Urges Stronger Enforcement for Fair and Safe E-Commerce in the EU
The European Commissionโs latest communication on e-commerce highlights growing concerns over direct-to-consumer imports via online marketplaces. EURATEX supports...
Iranโs 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 Albaniaโs 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
Turkey is a beautiful country that connects Western Asia and Eastern Europe. It is located in Anatolia, one of the globe's most valuable regions....
Turkey.. Textile export revenues 6.1 billion dollars
Turkeyโs 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...
Turkish exporters lose nearly $140M in April as Ukraine war hits trade
Turkeyโs exports to Russia and Ukraine fell by nearly $140 million in April, as Moscowโs invasion of its southern neighbor continues to disrupt shipments.Sales...
Saudi Arabia transfers $80B of Aramco shares to sovereign fund
Saudi Arabia has transferred 4% of the stock in the state-run oil giant Saudi Aramco to the countryโs sovereign wealth fund, the government said...
Iran to open trade center in Sulaymaniyah
Iran's Consul General in Sulaymaniyah Mehdi Shoushtari has said the Islamic Republic plans to open a trade center in the region for promoting Iranian...