Economy News

AUS Professor’s Research on Smart cities and IoT-based platforms contributes to United Nations’ Sustainable Development Goals

American University of Sharjah (AUS) continues its commitment to research that positively impacts society, as renowned professor and researcher Dr. Abdul-Rahman Al-Ali publishes research on smart cities applications and...

UAE Launches ‘Naseej’ Initiative to Advance Textile Circularity and Reduce Waste

The United Arab Emirates (UAE) has launched Naseej, the National Initiative for Textile Circularity, marking a significant step...

NCTO Supports Congressional Push for Stronger US Textile Customs Enforcement

The National Council of Textile Organizations (NCTO) has welcomed a bipartisan effort in the US House of Representatives...

GID Textile Egypt Targets $500 Million in Exports with Major Expansion Plans

Egypt is set to strengthen its position as a regional textile manufacturing hub as GID Textile Egypt Group...

India–Oman CEPA Opens New Export Opportunities for Textile and Apparel Industry

The implementation of the India–Oman Comprehensive Economic Partnership Agreement (CEPA) is expected to provide a significant boost to...

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Egyptian cotton ; Sustainability drive boosts

Egyptian cotton :: Following a renewed period of emphasis on improving sustainability, Egyptian cotton production and exports are at their highest for five years,...

Angola Concludes Recovery of Three Major Textile Factories

The Angolan Government officially completed the recovery of three strategic textile factories—Textang II (Luanda), África Têxtil (Benguela), and the former Satec unit (Dondo, Cuanza...

UAE and Japan Collaborate to Empower People of Determination

A ten-member delegation headed by H.E. Abdulla Al Humaidan, Secretary-General of Zayed Higher Organization for People of Determination (ZHO) recently visited Japan to receive...

Textile sector needs innovative technologies for faster growth

Textile sector :: Innovative technologies can be the answer to a greener footprint within the hydrocarbon dependent textile industry, concluded industry experts at a...

The Middle East ; Which Are The Middle Eastern Countries?

The Middle East is a term that is generally used to refer to the region located between the Asian and African continents. It is...

Italian Textile Machinery Orders Intake Down in Second Quarter

  Italian textile machinery orders, as elaborated by ACIMIT, the Association of Italian Textile Machinery Manufacturers, for the period from April to June 2019, fell...

Vietnam’s success journey putting Bangladesh’s RMG sector under threat

Vietnam has become a huge competitor in the global RMG sector for Bangladesh. The South-Asian country has been an emerging giant in the global...

Isfahan – Iran ; Exports of goods increased by 174%

 Exports of goods from Isfahan customs in the first three months of this current Iranian year (starting in March 21) increased by 174 percent...

Pakistan’s Adviser urges rice exporters to benefit from Iran market

Pakistan’s Adviser to Prime Minister on Commerce, Textile, Industries and Production Abdul Razak Dawood urged his country's rice exporters to benefit from Iran market,...

Bangladesh stood on 2nd largest FDI reciepent of South Asia

Foreign direct investments are commonly made in open economies. It may include provisions of management and technology as well. The key feature of direct investment...
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