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Economy News

The Belgian Textile Industry in 2023: Stability Amid Challenges

Turnover Holds Steady Despite Declines in Volume In 2023, the Belgian textile industry managed a stable turnover, recording €5.1 billion—a slight drop of 0.4% compared to 2022. While volume dropped...

Turkish Furniture, Paper, and Forestry Products Industry Expands Its Export Reach to Africa

In a strategic push to broaden export markets, the Istanbul Furniture, Paper, and Forestry Products Exporters' Association has...

Exploring the Future of Textile Machinery: Insights from Alex Zucchi at ITMA Asia + CITME 2024

Today, we had the privilege of interviewing Mr. Alex Zucchi, President of CEMATEX (the Association of European Textile...

Rieter Investor Update 2024

• Order intake of CHF 226.4 million in the third quarter, CHF 629.8 million after nine months • Sales...

Voltalia and TAQA Arabia Partner to Boost Egypt’s Green Energy and Hydrogen Production

Voltalia (Euronext Paris), a global leader in renewable energy, and TAQA Arabia have signed a significant framework agreement...

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Iran, Pakistan working on barter trade mechanism

Pakistan Prime Minister’s Advisor on Commerce, Textile, Industries and Production says Iran and Pakistan are working on a barter trade deal mechanism to enhance...

Iran Textile Industry Closer To Regional Economic Giants

An unemployment rate of over 12%, inflation at 36.9%, government debt of almost 40% of GDP, a GDP that could fall by 3% in...

Cambodian economy achieves robust growth in 2018: WB

The Cambodian economy grew 7.5 per cent in 2018, according to the World Bank’s (WB) recently-released Cambodia Economic Update, which said this better-than-expected growth...

Int’l Machine-Made Carpet and Flooring Exhibition Held in Tehran

Save the date: 13 - 16 September 2019 / Tehran - Iran The 10th  edition of International Floor Covering, Moquette, Machine made Carpet, and Related...

Armenian Alex Textile to invest AMD15.6 bn to raise output

The Armenian Government recently decided to offer customs benefits to Alex Textile as the company has announced to invest more than 15.6 billion drams...

ITM 2020 ; THE GREAT IDEA

ITM 2020 :: Want to be a partner for this GREAT IDEA? Let's meet between June 2 - 6, 2020 in İstanbul www.itm2020.com More Videos ... 

Nepal’s pashmina export revenues fall despite incentives

Nepal’s pashmina export revenues are plunging despite high priority accorded to the sector, say officials. According to Nepal Rastra Bank, export revenues were Rs...

Indian investors urged to partner with Kenyan counterparts

Indian high commissioner to Kenya Rahul Chhabra recently urged Indian investors to partner with Kenyan counterparts, especially in pharmaceutical and textile sectors that have...

Scholar: Pakistan relying on Iran to provide energy

Pakistani Scholar from the University of Karachi Ayaz Ahmed underlined Pakistan's reliance on Iran in various fields, namely in electricity, saying Pakistan has hailed...

Pakistani experts emphasize on non-dollar trade with Iran

Speakers at a conference in Pakistan stressed upon the need to enhance non-dollar trade with Iran to boost economic ties between the two friendly...
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