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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Iran Plast expo running in Tehran

TEHRAN - The 14th International Exhibition of Plastic, Rubber, Machinery, and Equipment (IRAN PLAST) of Iran was opened at the Tehran Permanent International Fairground...

S Korea, Cambodia Finalise Free Trade Agreement

South Korea recently finalised a free trade agreement (FTA) with Cambodia to boost ailing exports amid the COVID-19 pandemic. Trade minister Yoo Myung-hee and her...

Turkey’s mask, cologne exports soar 22-fold in pandemic year

Turkey’s single-use medical mask and cologne exports increased by 22 times last year reaching $244 million (TL 1.7 billion) amid a worldwide soar in...

Turkish Exports Begin 2021 With All-Time Monthly High

Turkey’s exports started the new year with the highest monthly figure ever as sales surpassed $15 billion (TL 107 billion) in January, the country’s...

Pak-Uzbekistan shows resolve to enter into PTA

Both side also discussed the possibility of establishment of Joint Cargo Company by private sector ISLAMABAD (Dunya News) – Pakistan and Uzbekistan on Monday resolved...

Vietnam ; 55 Billion USD Textile Export and 3 Million Jobs by 2025

The garment sector has set a target of earning 55 billion USD from export and generating 3 million jobs by 2025. The target was unveiled...

Cargo carried on Turkey-Iran railway set to reach 1M tons in 2021

BY ANADOLU AGENCY Turkey aims to increase the cargo transportation with its southern neighbor, Iran, this year, as some 1 million metric tons of cargo...

Vietnam, Israel to sign labour cooperation pact this year

Israel and Vietnam recently initiated negotiations over a labour cooperation agreement. At the virtual meeting, both sides discussed technical issues to clarify their labour...

IKEA publishes sustainability report FY20

IKEA has released a sustainability report for FY20 that covers collective efforts from the contributors in the IKEA franchise system and value chain. Company’s important...

Textile Industry Project to Employ 2,500 in SE Turkey’s Kilis

Kilis, a small province in southeastern Turkey, is set to become a regional hub for textile production with the establishment of Tekstilkent, a new...
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