Economy News

EAS Sees Data-Driven Automation Reshaping Egypt’s Textile Industry

Egypt’s textile manufacturers are expected to accelerate investment in automation, production monitoring and data-management systems as they seek to improve quality and strengthen their export competitiveness, according to Francesc...

Change of Leadership at Rieter

Thomas Oetterli has decided to step down from his function as CEO, effective October 31, 2026, and hand...

Fine Spinners Uganda Invests $5 Million to Target Kenya’s Apparel Export Market

Fine Spinners Uganda Limited is investing an additional US$5 million in textile machinery as it seeks to become...

PM Modi’s Uzbekistan Visit: What It Means for the India-Uzbekistan Textile Trade

Indian Prime Minister Narendra Modi's two-day state visit to Uzbekistan on August 29–30, 2026, at the invitation of...

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...

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Egypt enjoys good investment opportunities

UAE Ambassador to Egypt Gomaa Mubarak said that there are many good investment opportunities in Egypt for UAE businessmen. Addressing the Egypt-UAE Forum for Trade...

Turkey keen to open Dhaka office to boost bilateral trade

Turkey is eager to set up its own office in Bangladesh on the lines of the Japan International Cooperation Agency and the Korea International...

Jordan plight of Bangladeshi garment workers

Garment workers from Bangladesh working in Jordan, the number of which is quite substantial, are faced with adverse working conditions affecting their mental and...

SABIC CEO urges concerted investment in Gulf partnerships

The petrochemicals and chemicals industry in the Middle East must invest collaboratively in partnerships and concrete, actionable ideas if it is to sustain future...

MERKEL URGES REFORMS IN AFRICA TO WOO GERMAN INVESTORS TO THE REGION

German Chancellor Angela Merkel has hosted African leaders for the third G20 Compact with Africa summit in Berlin. The initiative aims to boost private...

Canadian Firms Explore Investment Opportunities in Egypt

Egyptian industry minister Amr Nassar and immigration minister Nabila Makram recently held extensive discussions with a delegation of five Canadian firms to discuss investment...

Turkey exported mostly chemical, textile products to Uzbekistan in 2019

From January through September 2019, the biggest share of Turkey’s exports to Uzbekistan accounted for chemical products and raw materials for textile products, a...

Turkey has great potential to compete worldwide: CEO

Turkey has a great potential to compete worldwide, particularly in the textile, auto, and machinery sectors, according to the CEO of Hannover Fairs Turkey, which handles the Turkish...

Global Cotton Report from 1990 to 2018

Global Cotton Report ; from 1990 to 2018 on Area, production, imports, exports and consumption The “Global Cotton Report” from Textile Beacon Global Info Services...

Japan (JNTO) Signs Memorandum of Cooperation with Emirates to Increase Visitors from the Middle East

Japan National Tourism Organization (JNTO) Signs Memorandum of Cooperation with Emirates to Increase Visitors from the Middle East To further increase tourism demand from the...
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