Economy News
Economy News
India Achieves 7% Growth in Textile Exports
India's textile exports, including handicrafts, recorded a 7% increase from April to December 2024, reinforcing the country’s position as a key player in the global textile market. Minister of...
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...
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...
Egyptian cotton ; Sustainability drive boosts
Egyptian cotton :: Following a renewed period of emphasis on improving sustainability, Egyptian cotton production and exports are at their highest for five years,...
Angola Textile Factories Back to State’s Hands
Angola Textile Factories — The Angolan state concludes this Friday 23 the process of recovery of three textile factories built with public funds and...
UAE and Japan Collaborate to Empower People of Determination
A ten-member delegation headed by H.E. Abdulla Al Humaidan, Secretary-General of Zayed Higher Organization for People of Determination (ZHO) recently visited Japan to receive...
Textile sector needs innovative technologies for faster growth
Textile sector :: Innovative technologies can be the answer to a greener footprint within the hydrocarbon dependent textile industry, concluded industry experts at a...
The Middle East ; Which Are The Middle Eastern Countries?
The Middle East is a term that is generally used to refer to the region located between the Asian and African continents. It is...
Italian Textile Machinery Orders Intake Down in Second Quarter
Italian textile machinery orders, as elaborated by ACIMIT, the Association of Italian Textile Machinery Manufacturers, for the period from April to June 2019, fell...
Vietnam’s success journey putting Bangladesh’s RMG sector under threat
Vietnam has become a huge competitor in the global RMG sector for Bangladesh. The South-Asian country has been an emerging giant in the global...
Isfahan – Iran ; Exports of goods increased by 174%
 Exports of goods from Isfahan customs in the first three months of this current Iranian year (starting in March 21) increased by 174 percent...
Pakistan’s Adviser urges rice exporters to benefit from Iran market
Pakistan’s Adviser to Prime Minister on Commerce, Textile, Industries and Production Abdul Razak Dawood urged his country's rice exporters to benefit from Iran market,...
Bangladesh stood on 2nd largest FDI reciepent of South Asia
Foreign direct investments are commonly made in open economies. It may include provisions of management and technology as well.
The key feature of direct...