Search Results for: saudi arabia

BY PAUL COCHRANE, in Beirut
Lebanon’s cosmetics, toiletries and perfumery sector, excluding shaving creams and soaps, is estimated to be worth US$180 million a year, according to L’Oréal.

The sector was seriously affected by the month long war between Israel and Hizbullah last year.…

BY PAUL COCHRANE, in Beirut
Bahrain has a population of less than 800,000 and is not a major market for the international players, but with a growing economy sales are consistent and should increase as the retail environment develops. No soaps or cosmetics are made in Bahrain, imported from plants in neighbouring Saudi Arabia and the UAE, as well as from Asia, Europe and North America.…

BY PAUL COCHRANE, in Beirut
SALES of cosmetics, perfumes and toiletries are surging in the Middle East, with sales reaching US$2.1 billion last year according to official statistics.

German cosmetics and toiletries manufacturing giant Beiersdorf estimated regional growth at 10% percent last year.…

BY PAUL COCHRANE, in Beirut
The cosmetics and personal care market in the UAE was worth more than US$414 million in retail sales last year, according to market data group Euromonitor. Demand is being driven in the UAE by an estimated 6.2 million tourists a year, a 23.5% rise in GDP in nominal terms in 2006, and by radical changes in the UAE’s population- from 2.4 million in 1995 to 4.3 million this year.…

BY PAUL COCHRANE, in Beirut
Saudi Arabia is the Middle East’s largest economy and, as a result, the biggest market for cosmetics, toiletries and perfumes, estimated at US$1.2 billion last year, according to the Saudi-American Business Council. With the birth rate at 3% growth a year, one of the highest in the world, and the population doubling every 25 years, companies expect significant growth in the near future as this young population ages.…

BY PAUL COCHRANE, in Dubai and Manama, Bahrain
THE CAR market in the Arab Gulf, particularly in the United Arab Emirates (UAE), is experiencing stellar growth across the board, fuelled by a surge in population and strong economic growth.

In the last five years, the UAE market has grown by over 300% to reach 2.5 million cars on the road, said Guy Edmunds, General Manager of Honda.…

BY PAUL COCHRANE, in Dubai
CURBING the counterfeiting and smuggling of established companies’ goods has become a pressing concern for international businesses wanting to protect their brands in the growing economies of the Middle East.

Although certain sectors are suffering more than others, the issue has been deemed serious enough for leading multinationals to team together last year to create a Brand Owners’ Protection Group (BPG) in the Middle East to tackle the region’s part in generating the US$500 billion global counterfeit trade.…

BY KEITH NUTHALL
THE UNITED States’ diplomatic service is surely the largest and best resourced international network of experts in the world, and this is born out by the depth of the narcotics strategy report – or INCSR to use its acronym.…

BY KEITH NUTHALL
THE GULF Cooperation Council (GCC), representing Gulf states including Saudi Arabia, has published a common veterinary quarantine law which would cover the movements of fish farm livestock to the region. The law insists on adequate health checks being made on imported fish and also their feed, as well as proper documentation such as bona fide certificates of origin.…

BY KEITH NUTHALL
A BID by a South Korea fibre exporter to have low melt polyester staple fibres (LMP) excluded from existing European Union (EU) antidumping duties on synthetic polyester staple fibres (PSF) has been refused by the European Commission. These particular duties are levied on exports from China, Saudi Arabia, Belarus and South Korea, but South Korea exporter and producer Saehan Industries Inc claimed LMP should be excluded, claiming they “have different basic physical and chemical characteristics and end-uses” to other PSF types, having “inherent binding properties.”…