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ITCPE 2025

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 country’s position as a key player in the global textile market. Minister of...

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...

NCTO Expresses Concern Over President Trump’s Tariffs on Mexico and Canada

The National Council of Textile Organizations (NCTO) has raised serious concerns regarding the Trump administration’s recent decision to...

Africa’s Economic Challenges: An Opportunity for Transformation, Says UNCTAD

Africa’s economic struggles, marked by dependency on volatile global markets, infrastructure deficits, and escalating debt, offer a unique...

EURATEX Urges Stronger Enforcement for Fair and Safe E-Commerce in the EU

The European Commission’s latest communication on e-commerce highlights growing concerns over direct-to-consumer imports via online marketplaces. EURATEX supports...

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ITCPE 2025

Ankara-Mogadishu bilateral ties propel Somali businesses

The special relationship Somalia and Turkey share, which extends to trade, is encouraging the Somali business community to travel to Turkey to import everything...

Swiss testing firm SGS posts CHF 6.4 billion revenue in 2021

SGS Group, a Swiss leading testing, inspection and certification company, has recorded a total revenue of CHF 6.4 billion in fiscal 2021, up by...

Africa Finance Corps secures $400 million funding from South Korea and Dubai

Pan-African development financial institution, Africa Finance Corps (AFC) has raised $400 million in funds as its fundraising attracted new lenders from the Middle East...

China-Africa trade up by 38.2% YoY to $185.2 bn in Jan-Sep 2021

China-Africa trade rose by 38.2 per cent year on year (YoY) to $185.2 billion between January and September this year, reaching the highest level...

Togo considers new ways to boost women entrepreneurship

During a meeting held this week, the ministry of trade, representatives of the African Development Bank (AfDB), and a group of Togolese businesswomen (Nana...

Exclusive exhibit of Iranian goods to be held in Syria in early Dec

Syrian Capital Damascus is going to host the second exclusive exhibition of Iranian goods during November 29-December 3, IRIB reported.The exhibition features companies active...

Tunisia’s real GDP up 0.3% in Q3 2021

Tunisia’s real gross domestic product (GDP) grew by 0.3% year-on-year in the third quarter (Q3) of 2021 (July-September), showing the gradual recovery of economic...

Tunisia: Industrial production up 27.8% in Q2 2021, year-on-year

The industrial production index was up 27.8% in the second quarter of 2021 (Q2) compared to the same period last year, the National Institute...

IsDB Supports Saudi Exim Bank’s Efforts to Strengthen Export Industry

A Boost for Saudi Businesses: IsDB Supports Saudi Exim Bank’s Efforts to Strengthen Export IndustrySaudi businesses have received the backing of Islamic Development Bank...

Tunisia could cancel trade agreement with Turkey

By Reuters News ServiceTunisia is seeking an urgent review of a trade agreement with Turkey in order to cut a widening deficit, two Tunisian...
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