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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Italian-Libyan Business Development Association is launched

An Italian-Libyan Business Development Association (ILBDA) has been set up to promote trade between Italy and Libya. Amongst those present at the launch at the Waddan Hotel in Tripoli...

Libya’s Economic Outlook: World Bank Predicts 15% Growth

At the current pace of spending in a context of conflict and insecurity, Libya will either exhaust foreign exchange reserves or be forced into...

ICCIMA to hold Iran-Croatia business forum on May 7

ICCIMA Iran Chamber of Commerce, Industries, Mines and Agriculture will hold an Iran-Croatia business forum in Tehran on May 7, ICCIMA portal announced. A Croatian economic-trade...

Iran, Iraqi Kurdistan discuss economic ties expansion

TEHRAN- Iran and Iraqi Kurdistan explored ways of expanding mutual economic cooperation during a two-day business forum inaugurated in the capital of Iraqi Kurdistan,...

Iran’s exports to Germany up 35% in 2017

Iran’s exports to Germany :: TEHRAN- Iran’s annual exports to Germany has witnessed a 35-percent growth in 2017, according to the vice chairman of...

Iran-Czech business forum due in late April

Iran-Czech business forum will be held on April 24 at the place of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA), the portal...

UAE to adopt policies for sustainable development

The UAE must focus on trade and investment policies to achieve sustainable growth even as Foreign Direct Investment (FDI) rose, Economy Minister Sultan Al...

UAE to maintain lead as top FDI recipient in Arab world

The UAE is set to maintain its lead in attracting the highest amount of Foreign Direct Investment (FDI) in the Arab world, Sultan Bin...

Tehran Hosting Iran-Iraq Business Forum

The two day Iran-Iraq business forum kicked off at the Tehran’s Summit Conference Hall on Sunday, IRNA reported. As reported, Iran’s Vice President for Economic...

Sabic to Boost Chemical Output 70% by 2025 With New Plants

Saudi Basic Industries Corp plans to boost production capacity 70 per cent by 2025 as the Middle East’s dominant chemical maker works with new...
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