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Egyptian Government decides on support for textile workers, adopts industry as national project
Prime Minister Ibrahim Mehleb said the government has decided to give full support to textile workers to revive the industry, adding that important decisions were made to develop the industry.
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ANOTHER PROMISING YEAR AWAITS INDIA’S TEXTILES EXPORTS
Indian history and tradition is woven around the sheer artistry, and pure genius that goes into the creation of intricate and intrinsic cloth patterns conceived by thousands of weavers across the leng...
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Turkey experienced loss in textile exports to Russia to nearly 24.92 pc in 2014
Turkey has been experiencing difficult times with its exports to Russia which has declined by 14.6 percent, dropping to $6.57 billion in 2014 compared to $7.96 billion in 2013 due to the decrease in t...
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Nigerian cotton fetches lower price in global market
Cotton from Nigeria is sold at lower prices in the international market, compared to the price of cotton from Burkina Faso, China, and India, BusinessDay reported.
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Indian textile industry may cross $350 b turnover by 2025
The textile industry has the potential to cross a turnover of $ 350 billion by 2025 if it diversifies to new product categories like Man Made Fibres (MMF), Confederation of Indian Textile Industry Cha...
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UAE replaces ‘yard’ with ‘metre’ in textile trade
The United Arab Emirates (UAE) has replaced its foot, inch and yard measurement system with the metric system in textile trade, under the national system of measurement and calibration, according to t...
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Ethiopia imports cotton to meet textile industry demand
In the last five months of 2014, Ethiopia imported more than 3,000 tons of cotton to meet the demand of domestic textile industry, according to the Textiles Industry Development Institute (TIDI).
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Egypt’s cotton exports decrease 69.7% in Q3 2013-14
The exports of cotton from Egypt declined by 69.7 percent in the third quarter of the agricultural season 2013-14, according to the data from the Central Agency for Public Mobilization and Statistics...
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Carbon Holdings to set up petrochemical plant in Egypt
Carbon Holdings, a company based in Egypt, engaged in developing petrochemical plants and projects, is planning to set up a petrochemical project named Tahir, at a cost of US$ 7 billion, in Ain Sokhna...
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Egyptian govt hikes spinners’ subsidy to EGP 500mn
The Government of Egypt has increased the subsidy provided to spinners from the current EGP 200 million to EGP 500 million for the current marketing season 2013-14, reports The Cairo Post.
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Egyptian textile company posts EGP 2.1bn loss in 2013-14
The Holding Company for Spinning and Weaving, a public sector enterprise run by the Government of Egypt, has incurred a loss of EGP 2.1 billion for the ongoing financial year 2013-14, the company’s ch...
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European TEX-MED Clusters project launched in Egypt
The European project ‘TEX-MED Clusters’, that aims to improve global competitiveness of the textile and clothing industry in the Mediterranean countries, has been launched in the Egyptian city of Alex...
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Strong overseas demand helps SA wool trends rise further
The wool market was stronger at this week’s sale and the Cape Wools Merino indicator gained 2.5% on last week to close at R112,41/kg (clean). This was in line with the Australian market where the indi...
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Pakistan produces finest quality textile products: KCCI President
President Karachi Chamber of Commerce and Industry (KCCI) Muhammad Haroon Agar emphasised that Pakistan produces world's finest quality textile products; the leading international brands purchase thei...
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Tour helps U.S. cotton capture additional overseas market share
Executives representing 28 overseas textile companies have toured the U.S. Belt to familiarize themselves with American cotton and how the fiber is produced, processed and marketed.
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Chinese Imports Threaten Kenya's Textile Industry
Textile workers and business owners in Kenya complain that the import of cheap goods from China and second-hand textile goods from other countries are threatening their industry and suppressing the nu...
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India to contest blacklisting of textile products by US
The Textile Ministry will contest the US Government’s decision to include garments, carpets and embellished textiles produced in India among items that use child labour or forced labour. “We do not ag...
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Global cotton inventory smaller than USDA estimate
The global cotton inventory in the upcoming 2013/14 season will be 3 percent smaller than the 93 million bales currently predicted by the US government due to shrinking output and uncertainty about de...
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Angola Gets $1 Billion Boost From Japan to Revive Textile Plants
Angola is spending $1 billion to revamp three fabric plants that will employ 2,700 people, said the local unit of Marubeni Corp. (8002), Japan’s biggest trader of grains and food products, which is re...
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Turkey: Erdogan in Maghreb boosts economic influence
Clamour over Gezi Park protests and criticism of Turkish Premier Recep Tayyp Erdogan have shadowed the recent trip taken by the prime minister to Maghreb