The UAE is the world’s third largest exporter of textiles after the US and UK, according to a study. The country has a 7.75 per cent share of the global export market, it said.
The country exported $1.624 billion worth of te
The UAE textile industry is the largest trading sector in the country after oil, and is also one of the biggest employment providers in the industrial sector, according to an economic and trade expert.
The country’s textile
Indian textile major Alok Industries said its overseas unit has successfully closed a $150 million syndicated Murabaha facility with Gulf lenders Noor Islamic Bank and Warba Bank.
The facility marked the first such transaction tha
Plans were in the pipeline to establish specialised laboratories to confirm if the quality of textiles, fabrics and garments that enter Bahrain's markets are in line with GCC standards, said a senior government official.
Industry and Comme
The Ikea store at Dubai Festival City will host weeky demos when the store’s in-house interior designers will advise on pocket-friendly ways to change the look of rooms in under-30 minutes using a choice of textiles.
This is the first time
The giants of the global textile and clothing manufacturers are battling it out for a greater share of the growing Arabian Gulf fashion market, despite tight margins and a weak dollar, says a leading industry observer.
A total of 25 countr
More than 30,000 trade visitors from 18 countries are expected to attend ITCE Cairo 2008 (ITCE'11), a major trade fair for textile, embroidery, sewing machinery and accessories serving the Mena markets.
The trade fair is being held under t
Global textile industry is expected to achieve 100 per cent growth in eight-year span to reach $655 billion by 2010.
In 2002, the international textile market was worth $353 billion, according to latest market studies quoted by the organis
The much-delayed launch of the Dubai Textile City (DTC) will take place in November, a statement said.
Spread across six million square feet of land just 10 minutes from the Dubai International Airport, the DTC will cater for the UAE's gr