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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Ethiopia and South Africa Unions Meet to Improve Collective Bargaining

Seven trade unionists from Ethiopia recently visited Cape Town to learn and understand strategies about collective bargaining and social dialogue. There cannot be a better...

Egyptian cotton; Sustainability Drive Boosts

Following a renewed period of emphasis on improving sustainability, Egyptian cotton production and exports are at their highest for five years, with season 2018-2019...

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,...
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