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...
Iranian Exports to Russia Increase by 30%
Iranian exports to Russia increased last year by 30% compared to the previous Iranian calendar year.According to the official statistics from Customs, more than...
Trade exchanges between Iran, Zimbabwe to increase to $500M
Iranian Minister of Cooperatives, Labor, and Social Welfare Solat Mortazavi predicted that trade exchanges between Iran and Zimbabwe would increase to more than $500...
BRICS Membership Expands Iran’s Economic Ties: Businessman
He emphasized the importance of Iran becoming an official member of international and regional organizations such as BRICS, following its accession to the Shanghai...
Textile SIT to Target Serial Defaulters
The Special Investigation Team (SIT) formed to probe cases of fraud in the textile industry has shelved more than 1,000 applications which were around...
Pakistan’s Textile Exports Fall 6% Year-on-Year in August, Clock in at $1.48bn: APTMA
Pakistan's textile sector experienced a decline in exports, with August figures at $1.48 billion compared to $1.58 billion from the previous year, marking a...
Iran, Qatar Stress on Developing Cooperation, Especially in Labor, Employment Fields
Iranian Minister of Labor and his Qatari counterpart emphasized the expansion of cooperation in fields of labor, employment, and exchange of skill training experiences.On...
TEXWORLD NYC: Your Gateway to Global Textile and Apparel Sourcing
Twice a year in New York City, thousands of international exhibitors gather to connect with buyers for the largest sourcing event on the East...
Prashanta Group Celebrating 1000 M/Cs in Surat
Prashant Group; comprises of India’s premier engineering companies, offers One-stop solution in the field of weaving preparation & logistics with a strong commitment to...
Iran, Saudi Arabia Stress Need for Signing investment, Customs, Trade Agreements
Iranian Minister of Economic Affairs and Finance, Ehsan Khandozi met with Mohammed Al-Jadaan, Minister of Finance of Saudi Arabia at the sideline of 2023...
Armenia Seeking Access to Arab Markets, India through Iran
“Armenia and Iran attach great importance to the prospect of carrying out shipments through the Persian Gulf-Black Sea logistic route, and the Armenian side...