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...

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Amazon to acquire Middle East online retailer Souq.com

Economy News

April 8, 2017

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...

Source Africa , ATF textile shows acquired by Messe Frankfurt

Economy News

March 10, 2017

Source Africa and ATF, two of Africa’s largest textile, apparel and footwear shows hosted by organizer LTE has been acquired by Messe Frankfurt, one...

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