Economy News
Economy News
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 to develop a cluster that combines renewable energy generation with green...
Economy News
Egypt Aims to Triple Foreign Direct Investment to $30 Billion
In a bold move, Egypt's newly formed cabinet has set an ambitious target to triple foreign direct investment...
Economy News
20% Wage Increase for Tunisian Textile Workers Agreed for 2024-2026
In a significant development for the Tunisian textile industry, workers are set to receive a 20% wage increase...
Economy News
READY TO SHOW at MILANO FASHION & JEWELS – SAVE THE DATE Sept 14-17, 2024 at FIERA MILANO-RHO Hall 10
READY TO SHOW was created as the first sourcing tradeshow in Italy to give international producers of apparel,...
Economy News
Shrinkage in EC and Decrease in Turkish Export
The contraction in European economies also caused damage to the exports of Turkey, one of the main suppliers...
Federal Tax Authority mandated to audit tax compliance in the UAE
The provisions of the newly issued federal law on taxation have mandated the Federal Tax Authority (FTA) with the legal right to perform a...
Ethiopia target to generate USD 30 bn from textile sector by 2030
Ethiopia intend to increase their area of cotton production which is presently, only 20 percent of the three million hectares are used for cotton...
Egypt signs agreement with UNIDO for cotton production
Egypt has signed a €1.5 million ($1.74 million) cooperation agreement with the United Nations Industrial Development Organization (UNIDO) and the Italian Agency for Development...
East African SMEs learn Shibori tie and dye technique
Twenty-eight trainees from fashion houses, training institutions and home décor companies from East Africa learnt how to use the Shibori tie and dye technique...
Online shopping marketplace, DivaNoor, for Middle East
A new online shopping marketplace - DivaNoor – has been launched for women in the Middle East. The marketplace, a collection of style and...
Exhibitors line up novel products at Leatherworld ME
Middle East luxury retailers, traders, manufacturers or designers looking for novel products to boost their businesses will be treated to a buffet of unique...
Mango extends e-commerce adaptation to Middle East
Mango has extended the adaptation of its website to Bahrain, Lebanon and Oman. The extension is following the successful launch of e-commerce expansion in...
Scott Bader to show composites at Middle East Rail 2017
Scott Bader, UK-based chemical company, is set to participate at the Middle East Rail 2017, now in its 10th successive year and the region’s...
Leatherworld Middle East 2017 to host global exhibitors
Leatherworld Middle East 2017 show will witness debut exhibitors from Australia, the Netherlands, and Thailand along with a host returning players, who have set...
Amazon to acquire Middle East online retailer Souq.com
The world's biggest online retailer Amazon is acquiring Souq.com, an ecommerce marketplace with roots in the Middle East. Souq is the largest online retail...