Economy News

India-New Zealand FTA Creates US$2 Billion Export Opportunity for Indian Textile Industry

India's textile and apparel industry is expected to benefit significantly from the forthcoming India-New Zealand Free Trade Agreement (FTA), which is set to enhance bilateral trade, improve market access,...

NCTO Voices Concerns Regarding USTR’s Textile Mechanism, Part of Administration’s Section 301 Actions on Forced Labor

The National Council of Textile Organizations (NCTO), which represents the full spectrum of the U.S. textile industry from...

U.S. Textile and Apparel Industry Unites Behind New Trade Incentive Proposal

For the first time in recent years, leading U.S. textile manufacturers, apparel brands and retailers have jointly proposed...

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...

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...

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EGYPT SECURES MAJOR INVESTMENT AT UK – AFRICA INVESTMENT SUMMIT

British Investment firm Actis pledged £3 billion ($3.93 billion) investment to a number of Egyptian projects. LONDON – Egypt secured a number of new investment...

THE CURRENT TIME IS THE BEST FOR INVESTMENT IN EGYPT: MINISTER OF PLANNING

Egypt’s Minister of Planning and Economic Development asserted through her speech delivered on the sidelines of the UK-Africa Investment Summit 2020 in London on...

Iranian, Turkish Companies Discuss Cooperation in Istanbul

The top executives of some 70 Iranian high-tech companies conferred with their Turkish counterparts on possible cooperation at a B2B meeting held in Istanbul...

Iran’s Exports to Eurasia Up by 75 Percent

The Chief of Iran Trade Development Organization Hamid Zadboum says Iran’s exports to Eurasian countries have increased by 75 percent in value between March...

EU’s GSP+ concession to Sri Lanka to continue till 2023

The European Union’s (EU) generalised scheme of preferences plus (GSP+) tax concessions to Sri Lanka will continue till 2023, minister of industry, export, investment...

Qatar-Turkey trade reaches QR5.69bn during first nine months of 2019

The First Vice-Chairman of Qatar Chamber (QC), Mohamed bin Ahmed bin Towar Al Kuwari (right), with the head of the visiting Turkish business delegation...

Tunisian fashion brand LYOUM eyes international expansion following €500k investment

Tunisian fashion brand LYOUM ; Founded in 2011 following the Tunisian uprising, LYOUM has been a forefront player on the Mediterranean apparel and design...

EGYPT’S EXPORTS TO EAST ASIA HIT $4.3BN IN 2018

The Egyptian Central Agency for Public Mobilization and Statistics (CAPMAS) has reported an increase in the value of exports to East Asian countries by...

Tunisia to host ”Prosper Africa” Summit in February 2020

Tunisia will host on February 6, 2020 the “Prosper Africa” Summit, a U.S. Government Initiative that unlocks opportunities to do business in Africa —...

Tunisia: CEPEX Trade Representations in Africa at the service of exports

Nearly 400 Tunisian companies wishing to go global took part in the open day with members of the network of commercial representations of the...
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