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...

Advertisment

AMEC AMETEX

Tehran to host intl. paper exhibition next week

TEHRAN- Iran’s 3rd International Specialized Exhibition of Paper , Cardboard, Cellulose Products and Related Machinery will be held at the Tehran Permanent International Fairgrounds...

Somalia: China Rejects Taiwan Bid for Diplomatic Relations With Somaliland

The East African (Nairobi) - By Abdulkadir Khalif Mogadishu — China has criticised a bid by Taiwan to establish diplomatic relations with Somaliland, the breakaway...

IsDB Group News Report on its Engagement with Sudan

The Islamic Development Bank (IsDB) reaffirms its determination to support Sudan in combating COVID-19, overcoming its economic challenges and achieving the sustainable development goals...

Iran’s exports to Turkey running via road, railway

TEHRAN- The chairman of Iran-Turkey Joint Chamber of Commerce told IRNA on Saturday that Iran’s export to Turkey is continuing via the roads and...

IsDBG Private Sector Action Response to COVID-19

Islamic Development Bank Group in partnership with the UAE Ministry of Economy and Annual Investment Meeting  to Host a Live Webinar The webinar entitled, “IsDB...

Saudi Arabia Hikes VAT, Customs Duties

The Saudi Arabia government has announced customs duties increases on about 3,000 goods, effective 10 June 2020. The rate hike, revealed on 27 May...

Azerbaijan Chamber of Commerce & Industry plans to take part in European project

The Azerbaijan Chamber of Commerce and Industry plans to take part in the European Chamber's project within Eastern Partnership (EaP), Azerbaijan’s chamber. The organization is...

Iran exports $800m of goods to Iraq in a month

TEHRAN – Iran’s non-oil exports to Iraq in the Iranian calendar month of Ordibehesht (April 20-May 20) reached $800 million, Tasnim news agency reported,...

Siemens Energy signs Al Hamudhia 400kV Substation contract with Iraqi Ministry of Electricity

• Providing reliable power supply to Ramadi, Fallujah, Saqlawyah, Khalediyah cities and surrounding areas in Al Anbar governorate • Enabling efficient transmission and higher utilization...

Iran’s industry sector experienced a 2.1-percent growth during the past year

Iran’s industry sector experienced a 2.1-percent growth during the past Iranian calendar year (ended on March 19) as the country managed to support and...
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
AMEC AMETEX
spot_img
spot_img