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 country’s 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 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
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...
Economy News
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...
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...