Archive
International News Services archives articles supplied to clients one year or more after initial publication. These articles are protected by a password and not made available to readers without permission from clients. They are used as a background resource by agency journalists. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.
SAUDI ARABIA’S UNIVERSITIES SETTING THE WHEELS IN MOTION FOR SUSTAINABILITY
Saudi Arabia’s universities are ramping up their efforts to boost their sustainability working within an unforgiving status quo of fossil fuel reliance, high energy and water consumption plus rising greenhouse gas (GHG) emissions.
Public and private universities have in recent years started addressing these challenges by fostering sustainability practices on their campuses and influencing Saudi society to become environmentally conscious. …
COMPANIES TURN TO GOLD AS ‘BLACK SWAN’ EVENTS LOOM, MID EAST TREASURY EVENT TOLD
Companies are increasingly buying gold amidst unpredictable global market conditions, to shield themselves from potential economic turmoil, spinning off global inflation, rising interest rates and war, according to Matthew Keen, managing director, Evidens Consulting – a UAE-based specialist precious metal consultancy working with banks, brokers, corporations and end consumers.…
TREASURERS BEST PLACED TO HANDLE COMPANY ESG KPIs, EXPERTS TELL DUBAI CONFERENCE
Digitalisation is not only changing financial products and services, it is also shaping new roles and responsibilities of internal teams, pushing businesses to rely more heavily on treasurers to manage their company’s environmental, social, and governance (ESG) KPIs, according to industry insiders.…
SOUTH AMERICA OFFERS DIVERSE NATIONAL MARKET FORTUNES FOR PAINT AND COATING INDUSTRY
South America often eschews regional economic trends, with countries having sharply diverging fortunes, reflecting their contrasting economic interests and performance, as well as differing political records and policies. The paint and coating sector is not insulated from these trends, and while global issues such as the Covid-19 pandemic and Russia’s invasion of Ukraine affect all national markets and producers, in South America, the impacts are often manifested differently across the continent.…
SOUTH AFRICA PAINT AND COATING SECTOR FACES TOUGH ENERGY SUPPLY PROBLEMS – BUT LONG-TERM OUTLOOK IS POSITIVE
South Africa’s paints and coatings market is expected to generate USD2.1 billion by 2026 after growing at an estimated 5.6% compound annual growth rate (CAGR) between 2021 and 2026. This is according to India-based market research and data analytics provider IndustryARC (1).…
INTERNATIONAL REGULATORY ROUND UP – KENYA OPENED UP AS KNITWEAR SOURCING CENTRE FOR EUROPEAN BUYERS
Kenya is being opened as a potential outsourcing centre for European Union (EU) knitwear brands by a new EU-Kenya Economic Partnership agreement, now being considered for ratification by the EU Council of Ministers and the European Parliament (1). Once implemented, the deal will remove 12% and 9.6% EU duties charged on many knitted apparel exports from Kenya, potentially boosting a knitted apparel and accessory trade, growing in recent years.…
SMALL GAZA TEXTILES SECTOR LEFT STRANDED BY NORTH GAZA STRIP EVACUATION AND FIGHTING
Textile production in the Gaza Strip has completely stopped, while factories have been damaged by Israeli bombardment over the past two weeks. Following the October 7 attack on Israel by Hamas-led militants, and the Israeli government’s subsequent declaration of war on Hamas, the outlook is bleak for the Gaza Strip’s textile industry.…
LOOMING INDIA-EU FREE TRADE DEAL OFFERS MAJOR BENEFITS TO BOTH PARTIES’ TEXTILE AND CLOTHING SECTORS
The textile and clothing industries of the European Union (EU) and India are closely monitoring negotiations to forge a free trade agreement (FTA), making steady progress since being relaunched last year (2022). Detailed talks were staged in New Delhi between June 17 and 23 (2023), with the EU seeking to reduce tariff barriers for India’s often protected market of 1.4 billion people.…
GORPCORE MAYBE HERE TO STAY AS SUSTAINABILITY AWARENESS GROWS AMONG CONSUMERS
Gorpcore’ fashion, wearing outdoor functional clothing as fashionable streetwear, is rising in popularity, so much that much specialist apparel specifically designed for mountain environments will “never see a mountain,” a performance clothing designer has told WTiN.
Their expensive materials and complex designs have “attracted fashion and streetwear to outdoor clothing,” Richard Dannah, an outdoor performance designer with more than 20 years’ experience in the field, told WTiN.…
THAILAND-EU FREE TRADE DEAL OFFERS MUTUAL ADVANTAGES – IF AGREEMENT IS NOT ABUSED BY CHINA
Thailand has often been overshadowed as a clothing and textile outsourcing hub, given the high profile of the industries in neighbours Vietnam and Cambodia – but its output is significant and a free trade agreement (FTA) now under negotiation with the European Union (EU) could boost its exports.…