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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H&M Group Ventures Backs Yaga in €4M Pre-Series A to Boost Global Second-Hand Fashion

Yaga, a fast-growing online resale fashion platform, has secured €4 million (about R80 million) in a pre-Series A global funding round. The investment comes...

ATTI Highlights Sustainability Progress in Turkey and Bangladesh

The Apparel and Textile Transformation Initiative (ATTI), a newly launched global program spearheaded by the International Apparel Federation (IAF) and the International Textile Manufacturers...

Africa Finance Corporation Partners Lagos Fashion Week 2025 to Drive Africa’s Creative and Manufacturing Transformation

The 2025 edition will spotlight circular fashion, responsible sourcing, and regional value chains, areas where AFC’s infrastructure investments are helping bridge Africa’s creative and...

AfroTalks Lagos 2025 Redefines the African Dream Through Innovation and Dialogue

The AfroTalks Lagos 2025 conference, held on October 11th at Alliance Française, Ikoyi, proved to be a transformative platform for African innovation, identity, and...

Morocco Reaffirms Commitment to Stronger Africa–Turkiye Partnership

Omar Hejira Highlights Morocco’s Strategic Role at Turkiye–Africa Business Forum Morocco’s Secretary of State for Foreign Trade, Omar Hejira, reaffirmed his country’s commitment to advancing...

Picanol’s Next-Generation of OmniPlus-i Connect Weaving Machine Will take the Stage For the First Time at ITMA ASIA + CITME, Singapore 2025

At ITMA ASIA + CITME, Singapore 2025, Picanol is looking forward to unveiling the next-generation OmniPlus-i Connect airjetweaving machine, which sets a new benchmark...

Destination Africa 2025 to Open in Cairo on November 12–13

The African textile and apparel sector will once again take center stage as Destination Africa 2025 opens its doors on November 12–13 in Cairo....

Vietnam’s Textile Industry Poised for Major Breakthrough

Vietnam’s textile and garment industry is entering a decisive new phase marked by strong export growth, expanding market reach, and structural transformation — even...

New Investor Takes Over Rivatex East Africa, Lays Off 3,000 Workers Amid Major Restructuring

In a bold move to revive one of Kenya’s oldest textile manufacturers, the Ministry of Trade, Industry, and Investments has officially transferred the operations...

BW Converting’s Baldwin brand validated by Fashion for Good and Apparel Impact Institute

Baldwin TexCoat® G4 precision spray finishing recognized as a proven climate solution to reduce energy, water, and CO₂e emissions in textiles BW Converting announces that...
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