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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Saudi imports of Turkish goods plunge after informal boycott

The value of Saudi Arabia’s imports from Turkey in December dropped to their lowest level in at least a year, Saudi official data showed...

Iran allocates €200m for promoting exports to Africa

Iran’s National Development Fund (NDF) has opened a €200 million credit line for the country’s Trade Promotion Organization (TPO) to use for developing exports...

Trade between Iran, EAEU stands at $1.8b in 10 months

TEHRAN- The value of trade between Iran and the Eurasian Economic Union (EAEU)’s member states stood at $1.8 billion during the first 10 months...

Zambia 36th country to ratify AfCFTA agreement

Zambia recently submitted the instruments of its ratification of the African Continental Free Trade Area (AfCFTA) agreement to the African Union Commission, according to...

Turkey eyeing more investments in Ethiopia: Envoy

Turkey is aiming to expand its investments in Ethiopia which already add up to billions of dollars, Ankara's ambassador to the African nation said. Turkey's...

Palestine welcomes Turkey’s industrial zone in W. Bank

Awad Rajoub RAMALLAH, Palestine - The Palestinian government has welcomed Turkish President Recep Tayyip Erdogan's decision to establish an industrial zone in the West Bank...

How to Transition to a Circular Economy for Textiles?

Circular fashion textiles have been an important part of our lives and culture for a long time now, with a range of items varying...

Turkey Keen To Establish Own Economic Zone In Bangladesh

Turkish investors are keen to establish their own economic zone in Bangladesh with huge investments in energy, health care, ICT, textile and agri-processing sectors,...

Turkey wants to be among world’s 10 biggest economies

Turkish President Recep Tayyip Erdogan recently announced an ambitious plan to make the country the tenth largest economy in the world by engaging in...

Iranian polymer production capacity to rise 120% by 2025

TEHRAN – Iran’s polymer production capacity is going to increase by 120 percent by the Iranian calendar year 1404 (begins on March 21, 2025)...
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