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...
Aramex sees 4% revenue growth in Q2
Logistics firm Aramex announced second-quarter revenues of Dh1.148 billion, a 4 per cent increase over the same period last year. Half yearly revenues increased...
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...