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Bankrupt Turkish Textile Firm Bursel Loses $700M Arbitration Case Against Uzbekistan
Turkish textile company Bursel Tekstil has lost a high-profile arbitration case against the Government of Uzbekistan, with the International Centre for Settlement of Investment...
Nigeria Approves New Textile Development Board and $90 Billion Agribusiness Plan
In a significant move to reposition the nation’s economy and strengthen food security, the National Economic Council (NEC) has approved the establishment of a...
Egypt Reinforces Commitment to Modernizing Its Textile Industry
Egyptian Prime Minister Mostafa Madbouly has reaffirmed the government’s dedication to transforming the country’s textile and spinning industry. This commitment is part of a...
Sri Lanka’s Apparel Industry Urges Swift Policy Action Ahead of Stricter EU GSP+ Review
As global trade conditions tighten, Sri Lanka’s apparel industry is calling for immediate policy reforms to safeguard the country’s preferential access to the European...
Trump-Era Tariffs Present Opening for India’s Textile Sector — But Innovation Is Key
The reintroduction of steep U.S. tariffs by former President Donald Trump could offer India’s textile industry a strategic opening to gain ground in global...
Lesotho’s Economic and Health Stability at Risk After U.S. Tariffs and Aid Cuts
Recent shifts in U.S. trade and foreign aid policies have placed Lesotho—a small, landlocked nation in southern Africa—under significant threat. The introduction of a...
Foreign Investors Offered Special Incentives in Punjab’s Special Economic Zones
Foreign investors, particularly from African nations, are being offered special incentives to invest in Punjab’s Special Economic Zones (SEZs), officials announced during a high-profile...
TEXSUM’5 in Bursa Highlights Sustainability, Digital Transformation, and Future Design in Textiles
The fifth edition of the TEXSUM Textile Summit, held at Bursa Uludağ University (BUÜ), convened leading textile professionals, academics, and students to explore the...
Chipless RFID: Smart, Scalable & Eco-Friendly ID Solution
By: Aishwarya Doiphode - Persistence Market Research
The rapid advancement of the Internet of Things (IoT) and digital transformation has heightened the demand for innovative...
Iran’s Textile Industry Positioned for $1 Billion Investment Potential
Iran’s textile industry stands at a pivotal moment, with current investments reaching $400 million and the potential to attract up to $1 billion, provided...
