Search Results for: Saudi Arabian

THE NONWOVENS industry in the Middle East and North Africa (MENA) is still struggling with over-capacity, while declining purchasing power has hit the mid- and higher-tier segments, prompting global players to reconsider product offerings.

MENA economies have been impacted by low oil prices and regional instability, with growth forecast at 1.5% this year, down from 1.7% in 2018, according to investment bank JP Morgan.…

Brazilian beef exports to the United Arab Emirates (UAE) saw an increase of 439.84% year-on-year in the first half of 2019, according to figures issued by the Dubai-based Arab Brazilian Chamber of Commerce. Brazilian beef sales to all Arab countries were up 47.62%.…

GLOBAL food and beverage company Nestlé’s restructure in the EMENA (Europe, Middle East and North Africa) region, which began in 2017, has delivered improved efficiencies and performance, according to Marco Settembri, Nestlé’s executive vice-president and EMENA zone CEO.

“It’s always a question of evolution,” Mr Settembri told just-food before the opening session of the July 4-5 2^nd European Entrepreneurship Education summit in Lille, northern France,* in which he was to speak.…

THE INTERNATIONAL Organization for Standardization (ISO) has launched a series of standards designed to help the cocoa industry ensure its products are both sustainably harvested and processed, but also traceable across their supply chains. Its ISO 34101 series is designed to promote good environmental and labour practices in a sector that involves sophisticated confectionery companies, global commodity traders and small farmers, often in poor countries, notably in west Africa.…

The Czech textile industry has a long traditional presence in the country, and local textile printing firms are steadily adopting digital technologies. One of the key players is OP Tiger, which significantly increased its output after it moved last September (2018) to a new facility in Hrbovice, near the town of Ústí nad Labem in North Bohemia.…

THE EGYPTIAN economy is still struggling to overcome the problem of low hard currency reserves, a challenge that has negatively affected the local paints and coatings industry due its high dependence on imports.

“There has been a crisis in terms of availability of US dollars to purchase raw materials and most of the raw materials are imported,” said Himanshu Vasisht, project lead for energy and chemicals at India-based market researcher Mordor Intelligence.…

With more than 5.48 billion (see https://www.worldwidewebsize.com) pages on the internet, fraud investigators have a wealth of material at their fingertips to help trace fraudsters and link target individuals, objects, locations and events. Thankfully, there are also increasingly sophisticated sites and tools available online to make this task more efficient and less time-consuming.…

Women in the Gulf region need to put themselves forward and show the skills they can contribute to organisations if they want to be considered for more senior positions, participants of a recent event hosted by the Association of Chartered Certified Accountants (ACCA) have said.…

THE EUROPEAN Commission has included four American external territories – Puerto Rico, the US Virgin Islands, Guam and American Samoa – on a proposed blacklist of weak AML/CFT jurisdictions released today (Feb 13).

Brussels’ updated list includes 12 countries that are viewed with concern by the Financial Action Task Force (FATF) – the Bahamas, Botswana, North Korea, Ethiopia, Ghana, Iran, Pakistan, Sri Lanka, Syria, Trinidad & Tobago, Tunisia and Yemen. …

WITH Bahrain investigating its first major oil find in 86 years, the mineral sector will be keeping a close eye on exploration because this is an offshore shale oil and gas resource that will need fracking inputs to extract hydrocarbons.

“It is definitely very unique, a one of a kind oil find in shallower waters close to shore,” said Edgar van der Meer, senior research analyst at NRG Expert, in London.…