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Economy News

State-of-the-Art Needling Technology Installed by Dilo Systems GmbH at ALMA SPA, Italy

ALMA in Florence is a specialist in the floor covering sector providing high quality products in a vast range of styles, colours and aesthetics. For its own fibre supply...

Empowering design innovation at Robert Mackie: UKFT’s Young Textile Technician Fund

Two members of the design team at Robert Mackie of Scotland, have completed specialist training on Stoll Create...

Last Chance to Join EDANA’s Innovation Forum!

Brussels, 14th of May 2025 – The countdown is on! With just 4 weeks to go, the EDANA...

Flexi-Light PET: Outstanding, sustainable sound insulation for vehicles

Polyurethane foam has traditionally been used to reduce noise, vibration and harshness (NVH) in vehicles, contributing to passenger...

Saurer to Showcase Cutting-Edge Spinning and Twisting Technology at International Textile Forum in Tajikistan

Saurer Group is pleased to announce its participation in the upcoming International Forum and Textile Equipment Exhibition, taking...

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Pakistan welcomes Iran’s call for expansion of trade ties

Iranian Foreign Minister Mohammad Javad Zarif along with a 30-member trade delegation, from the country’s economic and trade sectors, attended the joint business forum...

Saudi Aramco international listing looks increasingly difficult

Saudi Aramco international :: Saudi Arabia is increasingly looking to just float oil giant Saudi Aramco locally as plans for an initial public offering...

Abu Dhabi hotel occupancy surges to 81% in February

Abu Dhabi hotel occupancy :: The high influx of winter travellers is keeping Abu Dhabi’s hospitality and leisure industry upbeat, with hotel occupancies soaring...

United Arab Bank ’s rights issue successfully subscribed by 124%

United Arab Bank (UAB) said on Monday its rights issue was subscribed 124 per cent, recieving Dh850 million of subscriptions. The bank plans to increase...

Kazakhstan-UAE trade ties on upswing

Kazakhstan-UAE trade :: Trade relationship between the UAE and Kazakhstan is growing rapidly with bilateral trade between the two countries reaching $246 million (Dh904...

Egyptian tycoon is world’s richest Arab: Forbes

Egyptian tycoon :: A number of Arab nationals are getting richer every year and so far, at least 30 of them have made it...

Dubai’s realty a top attraction for foreign investments

Dubai is among the world’s top cities for foreign investments in real estate, according to a new update from the consultancy JLL. This has...

Dubai Exports spreads local fragrances to Brazil

Dubai Exports, the export promotion agency of Dubai Economy, through its Overseas Trade Office, OTO, in Brazil, has supported the successful expansion of the...

Egypt net foreign reserves rise to $42.524b after Eurobond sale

Egypt net foreign reserves :: Egypt’s foreign reserves rose to $42.524 billion (Dh156 billion) at the end of February from $38.209 billion at the...

The UAE’s non-oil private sector growth eases in February

The UAE’s non-oil private sector growth slowed in February as indicated by the Emirates NBD Purchasing Managers’ Index (PMI) which declined to 55.1 in...
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