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Economy News

From Workshop To Global Market Leader Mahlo GmbH + Co. KG Celebrates 80 Years Of Company History

80 years of experience, innovation, and family spirit – this year, mechanical engineering company Mahlo GmbH + Co. KG from Saal an der Donau is celebrating a very special...

State-of-the-Art Needling Technology Installed by Dilo Systems GmbH at ALMA SPA, Italy

ALMA in Florence is a specialist in the floor covering sector providing high quality products in a vast...

Empowering design innovation at Robert Mackie: UKFT’s Young Textile Technician Fund

Two members of the design team at Robert Mackie of Scotland, have completed specialist training on Stoll Create...

Last Chance to Join EDANA’s Innovation Forum!

Brussels, 14th of May 2025 – The countdown is on! With just 4 weeks to go, the EDANA...

Flexi-Light PET: Outstanding, sustainable sound insulation for vehicles

Polyurethane foam has traditionally been used to reduce noise, vibration and harshness (NVH) in vehicles, contributing to passenger...

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Morocco’s Exports to Spain up 6.7 % in First Seven Months of 2018

Morocco’s exports to Spain increased by 6.7% in the first seven months of 2018 compared with the same period last year, the EU statistics...

eBay partners with Noon for e-commerce sales in Middle East

Noon, the $1 billion e-commerce venture backed by Dubai businessman Mohamed Alabbar and Saudi Arabia's sovereign wealth fund, has entered into a partnership with...

Russian giant mining co. ready to commence co-op with Iran

Ural Mining and Metallurgical Company (UMMC), one of the top Russian producers of major minerals including copper, zinc, coal, gold and silver, has voiced...

Non-oil trade balance close to $1b in 2 months

Iran’s non-oil trade with other countries registered a $942 million positive balance in the two-month period from March 21 to May 21, Tasnim news...

Another wasted opportunity for Iran’s economy

Iran is loaded with economic potential, but as President Donald Trump pulls out of the multi-stakeholder P5+1 agreement, it is difficult to see whether...

EU commissioner in Iran in bid to protect trade ties

EU Energy Commissioner Miguel Arias Canete arrived in Tehran on Saturday to present plans for continuing oil and gas purchases and protect European companies...

Turkey’s lira hits record low, Fitch sounds alarm over Erdogan’s policy drive

Turkey’s lira hit a record low for the third straight session on Tuesday, battered by deepening concerns about President Tayyip Erdogan’s grip on monetary...

Islamic economy generates 8.3% of Dubai’s GDP

The contribution of the Islamic economy to Dubai’s gross domestic product (GDP) increased from 7.6 per cent in 2014 to 8.3 per cent in...

TCCIMA to dispatch trade delegation to Serbia, Poland, Germany in mid-June

Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) will send an economic-trade delegation to Serbia, Poland and Germany on June 16, the official...

Iranian trade delegation to accompany Rouhani in Austria, Switzerland tour

A delegation from Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) will accompany Iranian President Hassan Rouhani in his trip to Switzerland and...
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