Economy News

Groz-Beckert is adapting its organizational structure at its headquarters to changing market conditions

Albstadt: The ongoing weakness in demand and structural changes in the international textile industry continue to put economic pressure on Groz-Beckert’s core business, Textile Tools. Since a market recovery...

Syria Seeks Funding to Advance €5 Million Textile Recovery Project

Syrian officials and international partners met at the Italian Embassy in Damascus to review progress on the €5...

Change of Leadership at Rieter

Thomas Oetterli has decided to step down from his function as CEO, effective October 31, 2026, and hand...

Fine Spinners Uganda Invests $5 Million to Target Kenya’s Apparel Export Market

Fine Spinners Uganda Limited is investing an additional US$5 million in textile machinery as it seeks to become...

PM Modi’s Uzbekistan Visit: What It Means for the India-Uzbekistan Textile Trade

Indian Prime Minister Narendra Modi's two-day state visit to Uzbekistan on August 29–30, 2026, at the invitation of...

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SITEX Expo: First State-Wide Physical Exhibition To Be Held In Surat By SGCCI After The Lockdown

Surat (Gujarat), December 26 (ANI/ PNN): The Southern Gujarat Chamber of Commerce and Industry has organized a grand three-day exhibition 'Surat International Textile Expo-...

Global Success of Technical Textiles will be Reflected in HIGHTEX 2021

The nonwoven and technical textiles industry has become the focus of the whole world during the pandemic process. Most countries carried out works for these...

Tehran, Karachi Hold Joint Webinar on Trade Expansion

Tehran Chamber of Commerce, Industries, Mines, and Agriculture (TCCIMA), and Karachi Chamber of Commerce and Industry (KCCI) held an Iran-Pakistan business forum via webinar...

ErdoÄŸan: Turkey Should Aim to Export High Value-Added Products

In a call for deeper economic transformation, President Recep Tayyip ErdoÄŸan emphasized the need for Turkey to move beyond low-margin exports and prioritize high...

Turkey-UK FTA deal reaches final stage, Ankara says after Brexit trade agreement

Turkey welcomes the deal reached in negotiations on the future of post-Brexit relations between the U.K. and the European Union, the Turkish Foreign Ministry...

Aba’s Industrial Revival: Driving Nigeria’s Made-in-Nigeria Movement

By Okechukwu Keshi Ukegbu Nigeria’s economy continues to face immense pressure from import dependency and its overreliance on oil exports, which account for over 70%...

ZHEJIANG PLASTIC INDUSTRY VIRTUAL EXPO – MIDDLE EAST STATION

Interview with Amanda Yang - Organizer of Zhejiang Plastic Industry Virtual Expo - Middle East Station By: Kohan Journal For exhibition details, please contact: Hoer Exhibition Group WeChat...

Myanmar’s CMP garment exports fall by 50% in 2 months

Myanmar’s garment export has dropped by half in two months due to a slump in demand in the European market, according to the country’s...

ITMA ASIA + CITME 2020 on track for next June showing

Industry-leading textile machinery manufacturers affirm their support 15 December 2020 – Preparations for the seventh edition of ITMA ASIA + CITME are underway as scheduled....

In October 2020, Turkey’s textile exports rose by 14.7%

In October 2020, Turkey’s textile exports rose by 14.7% in comparison with its predecessor month and by 9% in comparison with the previous year,...
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