Search Results for: Lebanon

With the conflict in Syria into its fourth year, the pharmaceutical and health care sectors in the country have been decimated, while an estimated 9 million people have been displaced. More than 3 million refugees have fled Syria to neighbouring Turkey, Lebanon, Jordan and Iraq, according to the United Nations High Commissioner for Refugees (UNHCR) office.…

THE TOBACCO sector and trade in the countries neighbouring Syria have been impacted by the flight of more than 3 million (some reports say 5 million) from its civil war. Due to the Syrian conflict, smuggling has increased to supply the Syrian market (still at least 17 million people), while the lack of governmental controls has promoted illicit sales in Turkey, Jordan, Iraq and Lebanon, while the influx of refugees has led to growth in lower priced legitimate cigarettes.…

The livestock sector in Syria has been seriously impacted by the country’s ongoing civil war, with poultry production down by over half compared to pre-conflict levels, cattle herds by 40%, and the number of sheep down by 30%. Meanwhile, veterinary services have almost collapsed.…

SYRIA’S civil war has led to a major reduction in tobacco production in the country and a rise in smuggling of tobacco products, but at the same time the national tobacco company’s profits have surged due to the lack of competition from foreign brands.…

THE CONFLICT in Syria, which has entered its fourth year, has had a major impact on the cosmetic market and industry, both in the troubled country itself and the neighbouring region. Exports to Syria, and distribution of cosmetics, has been severely hampered by the civil war, while the conflict’s spillover is impacting other countries, compounded by the 2.9 million Syrian refugees currently registered in Lebanon, Jordan, Turkey and Iraq.…

THE MIDDLE East cosmetics market is weathering the region’s current political and economic instability in the region. While the markets in the Levant are experiencing tough times, Gulf sales continue to grow. Retailers and manufacturers are also offsetting the losses incurred in depressed and unstable countries by exporting to burgeoning African markets.…

THE UNITED States’ Foreign Account Tax Compliance Act (FATCA) is to go into force on July 1. Aimed at curbing tax evasion by US citizens around the world, foreign financial institutions (FFIs) are required to report on US account holders, but over 200,000 FFIs and 123 countries have not yet signed up.…

MOVEMENTS of refugees can involve millions of people – all of whom are potential consumers – but tapping their purchasing power can be difficult for knitwear companies, even though their products are clearly useful for displaced people in poor accommodation.

The conflict in Syria has forced 2.5 million refugees to flee to the neighbouring countries of Lebanon, Jordan and Turkey.…

TURKEY is the Middle East’s largest oilseed producer, but domestic demand outstrips supply despite efforts to boost production. In olive oil, Turkey is increasing production and exports, being the fifth largest producer globally, with the sector valued at USD500 million, according to Tariş Zeytin ve Zeytinyağı – the union of olive and olive oil co-operatives.…

The Middle East and North Africa (MENA) region ranks poorly in intellectual property rights protection and enforcement. While some countries, notably in the Gulf, are gradually improving, political and economic uncertainty in the wake of the Arab Spring uprisings is hampering progress in much of the rest of the region.…