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The Belgian Textile Industry in 2023: Stability Amid Challenges
Turnover Holds Steady Despite Declines in Volume
In 2023, the Belgian textile industry managed a stable turnover, recording €5.1 billion—a slight drop of 0.4% compared...
Turkish Furniture, Paper, and Forestry Products Industry Expands Its Export Reach to Africa
In a strategic push to broaden export markets, the Istanbul Furniture, Paper, and Forestry Products Exporters' Association has initiated the “Mauritania-Senegal General Trade Delegation”...
Exploring the Future of Textile Machinery: Insights from Alex Zucchi at ITMA Asia + CITME 2024
Today, we had the privilege of interviewing Mr. Alex Zucchi, President of CEMATEX (the Association of European Textile Machinery Manufacturers), during the ITMA Asia...
Rieter Investor Update 2024
• Order intake of CHF 226.4 million in the third quarter, CHF 629.8 million after nine months
• Sales of CHF 163.3 million in the...
Voltalia and TAQA Arabia Partner to Boost Egypt’s Green Energy and Hydrogen Production
Voltalia (Euronext Paris), a global leader in renewable energy, and TAQA Arabia have signed a significant framework agreement to develop a cluster that combines...
Egypt Aims to Triple Foreign Direct Investment to $30 Billion
In a bold move, Egypt's newly formed cabinet has set an ambitious target to triple foreign direct investment (FDI) from last year’s record $10...
20% Wage Increase for Tunisian Textile Workers Agreed for 2024-2026
In a significant development for the Tunisian textile industry, workers are set to receive a 20% wage increase spread over the next three years....
READY TO SHOW at MILANO FASHION & JEWELS at FIERA MILANO-RHO Hall 10
READY TO SHOW was created as the first sourcing tradeshow in Italy to give international producers of apparel, knitwear and fashion accessories direct access...
Shrinkage in EC and Decrease in Turkish Export
The contraction in European economies also caused damage to the exports of Turkey, one of the main suppliers of the region. The cost of...
Sentiment in Turkish Textile Industry Hits New Lows
The Turkish textile industry is experiencing significant upheaval as rising costs and labor expenses push manufacturers to relocate operations abroad. This trend comes amid...
