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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MENA Textile Machinery Market Faces Downturn in 2024 While Regional Production and Exports Show Resilience

The Middle East and North Africa (MENA) textile weaving and knitting machinery market experienced a notable contraction in 2024, according to the latest report...

AfDB and EABC Sign $1 Million Deal to Boost Sustainable Industrialisation in East Africa

The African Development Bank (AfDB) and the East African Business Council (EABC) have signed a $1 million grant agreement to promote sustainable industrialisation and...

Bangladesh Seeks to Boost RMG Raw Material Imports from South Korea

Bangladesh’s ready-made garment (RMG) sector is setting its sights on deeper trade collaboration with South Korea, particularly through increased imports of raw materials and...

State-of-the-Art Needling Technology Installed by Dilo Systems GmbH at ALMA SPA, Italy

ALMA in Florence is a specialist in the floor covering sector providing high quality products in a vast range of styles, colours and aesthetics....

Empowering design innovation at Robert Mackie: UKFT’s Young Textile Technician Fund

Two members of the design team at Robert Mackie of Scotland, have completed specialist training on Stoll Create software, supported by UKFT Young Textile...

Last Chance to Join EDANA’s Innovation Forum!

Brussels, 14th of May 2025 – The countdown is on! With just 4 weeks to go, the EDANA Innovation Forum 2025 is nearly at...

Flexi-Light PET: Outstanding, sustainable sound insulation for vehicles

Polyurethane foam has traditionally been used to reduce noise, vibration and harshness (NVH) in vehicles, contributing to passenger comfort. At the Automotive Acoustics Conference...

Saurer to Showcase Cutting-Edge Spinning and Twisting Technology at International Textile Forum in Tajikistan

Saurer Group is pleased to announce its participation in the upcoming International Forum and Textile Equipment Exhibition, taking place from 8–10 July 2025 in...

Using AI to tackle the problem of old clothes in the UK

The British company Circle-8 Textile Ecosystems has made a significant investment: a stand-alone, automated single line sorter from Danish innovation company NewRetex. With the...

Egypt Secures $70 Million Investment from Chinese Textile Companies Amid Push for Sectoral Growth

Egypt has attracted nearly $70 million in new investments from leading Chinese textile and garment firms, reinforcing the country’s strategy to position itself as...
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