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Search Results for: Turkey

10 results out of 1064 results found for 'Turkey'.

TURKISH-ALGERIAN TEXTILE FACILITY TO BOOST ALGERIAN NATIONAL ECONOMY



A NEW Turkish-Algerian public-private joint venture clothing and textile manufacturing facility is now under construction – with operations due to start this year. Its goal is to help transform the Algerian economy, diversifying it away from an over-reliance on oil and boosting its struggling clothing and textile sector.…

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DELTA GALIL - INNOVATION IS THE NAME OF THE GAME, SAYS CEO



IF there is a quality that gives many Israeli companies an edge internationally, it is innovation. And this trait can certainly be said to run through the work of Israeli apparel major Delta Galil, based in Caesarea, northern Israel.

“We could not succeed if we were not innovative” said Isaac Dabah, the company’s CEO of Delta Galil, in an exclusive interview with just-style, held at his office.…

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SUITS OFFER PROMISE AS BANGLADESH APPAREL EXPORTERS CHASE BIG TARGET



With China losing its sheen as a low-cost manufacturing heartland, Bangladesh’s clothing exporters are tapping into this opportunity by diversifying into another new higher margin segment — suits.

Senior executives and analysts told just-style how potential larger profits are drawing in major manufacturers, who are now confronting the challenges of building technical knowhow, recruiting skilled labour and attracting global buyers available. …

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INTERNATIONAL REGULATORY ROUND UP – EU SUGAR EXPORTS BOOM AFTER PRODUCTION QUOTAS FALL AWAY



BEET and cane sugar exports from the European Union (EU) boomed in 2017, the year production quotas were scrapped (on September 30), according to figures released by the European Commission. They rose by 42.9% year-on-year, up from EUR631 million in 2016 to EUR902 million in 2017.…

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MEASURES TO SHORE UP INDONESIA’S WEAK AML/CT REGIME BEING INTRODUCED TO REDUCE VULNERABILITY TO ATTACK



FINANCIAL crime experts are urging Indonesia to step up its war on terror financing and money laundering highlighting the south-east Asian nation’s vulnerability to these threats. The USA state department’s 2017 International Narcotics Control Strategy Report (INCSR) noted these threats are significant despite Indonesia neither being a regional financial centre nor an offshore financial haven.…

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TURKISH-ALGERIAN JOINT VENTURE TO CUT TEXTILE IMPORTS DRAMATICALLY



THE LAUNCH of a Turkish-Algerian joint venture is set to reduce textile imports into the North African country by as much as 90%, according to government officials. Claiming the initiative will operate Africa’s second largest manufacturing textile complex, in Sidi Khettab, in the northwestern province of Relizane, in Algeria, the country’s ministry of industry and mines says it will employ 25,000 people within three years.…

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NONWOVENS DEMAND GROWS ACROSS AFRICA AND MIDDLE EAST, BUT OVER AND UNDER-PRODUCTION PROBLEMS PERSIST



THE NONWOVENS market in the Middle East and Africa (MEA) is increasingly important to the global nonwovens industry, with rising consumer demand being generated by middle classes that are growing in size. Countries in the region are also comparatively young, with high birth rates, boosting demand for diapers and wipes.…

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US COURT CONVICTS TURKISH BANKER FOR IRAN SANCTIONS BUSTING



AN AMERICAN court has convicted a former executive of a Turkish state-owned bank for operating a duplicitous trading scheme that involved busting US financial sanctions against Iran. A key witness alleged that these actions had been approved by Turkey’s pugnacious President Recep Tayyip Erdoğan.

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BANGLADESH MAKING INROADS INTO LINGERIE AS CHINA SHIFTS GEAR



LURED by a shifting global market and better margins, Bangladesh’s apparel producers are rushing into the lingerie space, predicting Chinese manufacturers will secure fewer export orders for these lines as their costs rise.

This new niche opportunity for the Bangladesh industry is fortuitous, as it dovetails with the country’s textiles and clothing makers’ core strategy of moving from their traditional low-cost growth pillars, such as t-shirts, shirts, trousers, jackets and sweaters.…

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RUSSIA’S EURODON TO INVEST USD350 MILLION IN BOOSTING LAMB PRODUCTION



Eurodon, one of Russia’s largest turkey producers, is planning to diversify its business through investing up to Russian Roubles RUB20 billion (USD338 million) in the building lamb production units within the country, the company has announced.

The risk benefits of expanding its risk portfolio have been made all too apparent in the past year, with Eurodon facing a series of outbreaks of avian influenza, which have helped saddle it with financial losses of RUB2.6 billion (USD44 million).…

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