Economy News
Economy News
UAE and Central African Republic CEPA to Boost Trade Beyond AED3.67 Billion
The UAE and the Central African Republic (CAR) have signed a Comprehensive Economic Partnership Agreement (CEPA) aimed at boosting bilateral trade and investment, with projections to increase trade beyond...
Economy News
NCTO Expresses Concern Over President Trump’s Tariffs on Mexico and Canada
The National Council of Textile Organizations (NCTO) has raised serious concerns regarding the Trump administration’s recent decision to...
Africa
Africa’s Economic Challenges: An Opportunity for Transformation, Says UNCTAD
Africa’s economic struggles, marked by dependency on volatile global markets, infrastructure deficits, and escalating debt, offer a unique...
Economy News
EURATEX Urges Stronger Enforcement for Fair and Safe E-Commerce in the EU
The European Commission’s latest communication on e-commerce highlights growing concerns over direct-to-consumer imports via online marketplaces. EURATEX supports...
Economy News
Rieter – Significant Increase in Order Intake in Financial Year 2024
• Order intake of CHF 725.5 million
• Sales of CHF 859.1 million
• Order backlog of around CHF 530...
Denizli is on the way to be one of the driving-forces of Turkish exports
Hüseyin Memişoğlu, President of the Denizli Exporters’ Association (DENIB), announced the latest export figures for November, highlighting both challenges and opportunities in the region's...
VIEW PREMIUM SELECTION: The Exclusive Preview Textile Show is Ready to Kick off
New location, perfectly scheduled, and focused on quality: for the first time, VIEW will present Spring/Summer collections at the Dampfdom in the Motorworld Munich....
New TEXTRONIC® Lace for the most Leavers-like lace in warp knitting
KARL MAYER launches the new MT 84/1/40 S, a TEXTRONIC® Lace with fall-plate and stitch-forming Jacquard barsKARL MAYER launches a new TEXTRONIC® Lace for...
Wuhan Textile University Hosts Textile Management Workshop in Pakistan
Wuhan Textile University from China has officially launched a two-week seminar on textile management in Pakistan, marking a significant step in the exchange of...
Berger Textiles’ Innovations at Printing United Expo 2023
Berger Textiles, a renowned supplier of textiles for wide format digital printing, interior decor, and apparel, is set to showcase its comprehensive solutions portfolio...
Jeanologia Presents its Revolutionary Washed by the Atmosphere Concept at Kingpins Amsterdam
Showcasing Its Innovative Atmospheric Washing Ecosystem that Propels the Textile Industry into the New Age of Air.Featuring a breakthrough in ozone technology for...
Textile Exports from Pakistan Continue to Decline, Putting Pressure on Economy
Pakistan's textile sector continues to face challenges as exports recorded a year-on-year decline of 12% in September, dropping to $1.35 billion compared to $1.53...
Egypt Expects Construction to Start on Russian Industrial Zone by Mid-2024
Egypt expects construction works would begin on Russia’s sprawling industrial zone in the North African country by mid-2024, government sources with knowledge told Amwal...
Is Pakistan Moving Towards a Dollarized Economy?
Imagine living in a country which sees an annual food inflation of over 50%. Currency collapse or the daily price change for many developing...
Is South Africa’s Hospitality Sector Facing a PR Crisis?
The reality is that the hospitality sector is facing a persisting PR crisis. This crisis is rooted in perceptions formed way before our nation...