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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Indian Cotton Market Is Finally Witnessing A Boom Time

By Vimal Verma The 2021 cotton market has started with a bullish trend. ICE Cotton futures for its March contract is already trading at USC...

Manufacturing Revival and Economic Recovery

By: Seshadri Ramkumar, Professor, Texas Tech University, USA (Lubbock, USA, January 15, 2021)-Manufacturing boost will play a vital role in the building of global economy. Yesterday,...

Join The Happy Visitors Club of Zhejiang Plastic Virtual Expo!

Exhibition Date: Jan. 11-17, 2021 Registration Link Organizer : CCPIT Zhejiang The development of the entire plastics industry chain is facing huge challenges after COVID-19. The impact...

Guyanese designer to help single mothers become business owners

After residing in the United States of America for 40 years, Guyanese-born fashion designer and painter, Gem Fraser, has returned to her roots determined...

Iran among five pioneers of nanotechnology

TEHRAN – Prioritizing nanotechnology in Iran has led to this country’s steady placement among the five pioneers of the nanotechnology field in recent years,...

Vietnamese, Indian garment-textile firms seek partnership chances

Hanoi (VNA) – Vietnamese and Indian businesses sought partnership opportunities in garment and textile sector during an online conference held by the Vietnamese Trade...

Biggest Middle East and North Africa Plastics Industry Virtual Exhibition

Quality Zhejiang Plastics Industry Virtual Exhibition -Middle East Station Venue: Fairsroom Online Platform Date: 11th - 17th, January. 2021 Organizer: China Council for the Promotion of International...

UAE, Indian export credit agencies sign cooperation MoU

Etihad Credit Insurance (ECI), the UAE government’s export credit company, recently signed a memorandum of understanding (MoU) with the Export Credit Guarantee Corporation of...

Need stressed for promoting trade ties between Pakistan and Djibouti

ISLAMABAD - Islamabad Chamber of Commerce and Industry (ICCI) Acting President Fatma Azim on Thursday urged Pakistan and the Republic of Djibouti to focus...

Armenian Ban on Import of Turkish Goods Comes into Force

Armenian government's ban on import of Turkish goods imposed during the recent war in Nagorno-Karabakh, has come into force on January 1, 2021. On October...
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