Economy News

Afreximbank: Africa’s Economy Grows 4.5% in 2025 Despite Global Trade Challenges

Africa strengthened its economic resilience in 2025, recording faster economic growth despite rising geopolitical tensions, slowing global demand and continued supply chain disruptions, according to the latest2026 African Trade...

Mohawk Cleared to Acquire Bremworth as Deadline Looms for New Zealand Wool Carpet Deal

Mohawk Industries has received regulatory approval to acquire Bremworth, bringing one of New Zealand’s best-known wool carpet manufacturers...

Ferraro S.p.A. acquires the “Finishing” business unit of Cibitex S.r.l.

Ferraro S.p.A. and Cibitex S.r.l. are pleased to announce the completion of the agreement pursuant to which Ferraro...

US Proposes New Tariffs on Seven African Countries Over Forced Labour Concerns

The United States is considering imposing an additional 12.5 percentage point tariff on imports from seven African countries...

Nigeria Textile Import Ban Proposal Raises Concerns Over ₦10 Trillion Garment Industry

The Centre for the Promotion of Private Enterprise (CPPE) has cautioned that the Nigerian Senate’s proposal to ban...

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Iran’s 4-month export to ECO members rises 4.52% yr/yr

Iran exported over $3.615 billion worth of commodities to the members of the Economic Cooperation Organization (ECO) in the first four months of the...

Iran-Turkey Trade Exceeds $3b in 7 Months

According to the latest figures released by the Turkish Statistical Institute (TURKSTAT), Iran’s trade with the neighboring country stood at $3.846 billion in January-May...

Birimian x Orange Bank Africa

Birimian, the leading financial institution dedicated to the development of brands symbolizing African creative excellence and exceptional craftsmanship, and Orange Bank Africa ("OBA"), a...

Inspiration with Technical Reference by Designers for Designers

Jörg Hartmann, one of the authors of the book "Color in Knitting: By Designers, for Designers", explains the aims of the new reference work In...

SOEX and Mercedes-Benz AG Save Tonnes of Work Shoes From Disposal

Ahrensburg, June 2023. Until now, Mercedes-Benz had only one solution for discarded safety shoes: the incineration plant. Up to now, around 25 tonnes of...

Terrot: Experience Our Latest Exhibition Machine as well as Our Latest Innovations

EXHIBITION MACHINE MODEL I3P 196 OPEN WIDTH FRAME PREMIERING WITH SMARTEX SYSTEM At ITMA we will exhibit a highly flexible and productive I3P 196 „8-lock“,...

Iran-Syria Joint Economic Commission Following up Implementation of 16 MoUs

Iran’s Minister of Roads and Urban Development, Mehrdad Bazrpash and Syrian Minister of Economy and Foreign Trade, Mohammad Samer al-Khalil met as the heads...

AUS to Showcase Internationally Recognized Programs and Scholarship Opportunities at GETEX 2023

With a commitment to academic excellence and innovative multidisciplinary teaching, American University of Sharjah (AUS) will showcase its internationally recognized degree programs and wide...

Elevating Your PowerPoint Game: Choosing the Best Illustrations for a Standout Presentation

Delivering an engaging and memorable PowerPoint presentation can be a challenging task. However, visuals play a crucial role in capturing your audience's attention and...

Why Are Textile Exhibitions in Iran not Highly Efficient?

Iran is a large country with more than 80 million population and abundant natural and energy resources. Iran is a wealthy country with a wealth...
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