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Marks & Spencer 'target of Qatari takeover bid'
Marks & Spencer could be subject to a bid from one of the Middle East's largest investment funds, according to weekend reports.
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China purchase hopes lift cotton to near one year high
Cotton prices surged last weekend, reaching the highest level in nearly a year, on fund buying and short-covering amid expectations that the top textile market China will continue buying even as price...
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India warn Egypt to lift safeguard import duty on Indian cotton yarn
India has submitted an unofficial notice to Egypt seeking removal of “wrongful’’ penal duties imposed on cotton yarn imported from the country as it flouted World Trade Organisation (WTO) rules.
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Can Egypt Live Without Private Investment?
As the political crisis in Egypt continues to evolve, American and European investors are becoming increasingly troubled by what they see as a lack of legal and regulatory security. Two years ago, the...
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Egypt: Presidential decree creates first Chinese university
Egypt's President Mohamed Morsi has issued a decree to establish the Egyptian Chinese University in the capital Cairo – the first Chinese university to be set up in the Middle East and North Africa re...
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American Quilter’s Society Selling Egyptian Textile Artwork
American Quilter’s Society commissioned new works from the Tentmakers of Cairo for display at AQS QuiltWeek™ in Lancaster, PA, March 13-16, 2013. Each of the 18 shops in the marketplace of the Tentmak...
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Sudanese Minister suggests steps to boost cotton exports
Mr. Osman Omer Alshareef, Sudanese Minister of Commerce has suggested harmonization of production and marketing polices to boost exports of cotton from the country.
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China's retreat from textiles helps India, Bangladesh
China, a major textile producer for about two decades, is now focusing on other sectors. It is expected this would change the fortunes of other textile producers such as India and Bangladesh.
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Indian Minister; Anand Sharma urges UAE to give textile imports concession
The Union Minister for Commerce, Industry & Textiles Shri Anand Sharma, in a bilateral meeting with Ms. Sheikha Lubna Bint Khalid Al Qasimi, Minister of Foreign Trade, UAE, in Dubai, said that despite...
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China to issue more cotton import quotas to textile exporters
China has purchased about 350,000 tonnes of US wheat over the last 10 days after prices fell to their lowest in more than seven months, and soaring domestic prices increased the appeal of the US grain...
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Euratex hails EU-US trade & investment negotiations
EURATEX welcomes the joint decision taken by EU and US Authorities to start the negotiations to conclude a Comprehensive Trade and Investment Agreement.
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Tortured labor: Egyptian textile workers to protest 'Brotherhoodisation', assaults
Workers at the state-owned Mahalla Misr Spinning and Weaving Company will march on Tuesday to protest the Muslim Brotherhood's failure to realise the revolution's demands. The march will start at the...
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Egypt trade conditions weaken Egyptian apparel exports
The slide in the value of the Egyptian pound since December is good news for the textile industry, but its impact is blunted by the deterioration in economic and business conditions since the 2011 rev...
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Dhaka, Cairo MoU to deepen ties
Bangladesh and Egypt have signed a memorandum of understanding (MoU) in Cairo to ‘deepen and widen’ their cooperation. The deal on bilateral consultations was signed on Monday by Bangladesh’s acting F...
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Nigerian govt wants its textile sector to be top in Africa
The Federal Government of Nigeria is aiming to revive the country’s textile and garment sector and make it number one in Africa and among the top ten textile sectors in the world, said Mr. Olusegun Ag...
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US textile imports rise in 2012; apparel imports dip
The imports of textiles by the US increased 1.8 percent year-on-year to 30.4 billion square metre equivalents (SME) during 2012, while clothing imports decreased 0.8 percent year-on-year to 23.7 billi...
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Taiwanese textiles to reach US & EU via Mexico, Turkey
Taiwanese products, including textiles, will use Mexico as gateway to increase its exports to the US, to reduce the negative impact of the South Korea-US free trade agreement (FTA), the country’s trad...
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Libya: 85 International Companies Take Part in Textiles, Clothing Fair in Tripoli
Eighty-five international companies have taken part in the textiles and clothing fair that has been opened Tuesday at the Tripoli International Fair grounds in downtown Tripoli.
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THAILAND: Textile and apparel exports drop 12.2% in 2012
Thailand's textile and garment exports slumped 12.2% year-on-year in 2012 due to a decline in demand from key markets.
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Pakistan's garment exports soar in July-Dec'12
Posting a year-on-year rise of 13.29 percent, Pakistan exported 13.483 million dozen of readymade garments valuing US$ 897.86 million during the first half of the current fiscal that started on July 1...