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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...
Afreximbank Inaugurates FEDA Office in Kigali to Drive Africa’s Economic Transformation
Strengthening Intra-African Trade and Industrial Development
The African Export–Import Bank (Afreximbank) has officially inaugurated the headquarters of its Fund for Export Development in Africa (FEDA)...
Global Carpet Yarn Market Resilience Amidst Pandemic
Despite the ongoing challenges posed by the COVID-19 pandemic, the global carpet yarn market is not just weathering the storm but poised for remarkable...
Coats Digital Shortlisted for Five Accolades at the UK’s National Technology Awards 2024
Coats Digital’s unique, time-cost benchmarking solution, GSDCost, has been recognised for delivering real ROI, whilst supporting a more collaborative, transparent and sustainable global fashion...
Iran’s Agrofood Exports to EAEU Surge, Led by Russia
Rouhollah Latifi, a senior official with the Central Organization for Rural Cooperatives of Iran, revealed on Sunday the significant role of agrofood products in...
Uzbekistan Aims to Enhance Tech Cooperation with Iran, Eyes $1 Billion Investment in 2024: Ambassador
Uzbekistan's ambassador to Iran revealed on Thursday plans to intensify collaboration with Iran in the technology sector, aiming to significantly increase bilateral investment to...
Turkey’s BOTAS and Egypt’s EGAS Forge Partnership to Enhance Energy Cooperation
In a significant stride towards bolstering regional energy ties, Turkey's state energy company, BOTAS, announced on Thursday a collaborative breakthrough with Egypt's state-run natural...
Nigeria’s Inflation Hits 29.90%, Reaches Highest Level Since Mid-1996
According to recent data released by the National Bureau of Statistics, Nigeria's headline inflation rate surged to 29.90% in January 2024, marking the highest...
Turkey Plans to Establish Industrial Zone in Egypt
The Chamber of Commerce and Industry in Bursa, Turkey, has revealed its intentions to establish an industrial zone in Egypt, following discussions held during...
International Islamic Trade Finance Corporation (ITFC) Extends US$ 15 million Financing Support to Private Sector in Uzbekistan
The financing agreement with Aloqabank will contribute to efforts to strengthen the private sector and SMEs in the country
The International Islamic Trade Finance Corporation...
