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Search Results for: Lebanon

10 results out of 189 results found for 'Lebanon'.

MIDDLE EAST PAINT MARKET MIXED BAG – AS ECONOMIC DIVERSIFICATION PROJECTS BOOST SALES WITHIN WEAK MARKETS

Paint markets throughout much of the Middle East are experiencing a downturn due to the region’s political instability and economic slowdown. However, manufacturers are nonetheless betting on a rebound as larger projects re-start and reconstruction begins in certain markets.

In the oil-based economies of the United Arab Emirates (UAE) and Saudi Arabia, lower oil prices have hit government budgets, causing state-backed projects to be suspended or delayed, while having a knock-on effect on the wider economy.…

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CHARITIES STILL STRUGGLE TO AVOID BEING TAINTED WITH TERRORIST FINANCING

Charities continue to be at risk of being exploited by terrorist groups looking to transfer money and finance their operations, with the Middle East a high-risk area.

These non-governmental organisations (NGOs) are, however, criticising the extra scrutiny the sector is facing from regulators, banks and governments, saying it is driving charity financing into the shadows, actually increasing risks of financing by crime and terror groups.…

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UNINETTUNO – ITALY’S TOP ONLINE UNIVERSITY HARNESSING 3D TECH TO ENHANCE LEARNING

With traditional universities increasingly using web-based learning as a way of recruiting students world-wide, University World News spoke to the head of Italy’s top online university to see how it has developed a successful model for international higher learning

Enrollments for the 2018-2019 school year at the Rome-based International Telematic University, Uninettuno, have exceeded expectations, university rector Maria Amata Garito, shared with UWN: “I can confirm that enrolments have jumped quite a bit this year – up by circa 200% compared to last year,” said Garito.…

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EU ROUND UP – EU FRAUD MAYBE DECLINING, BUT MILLIONS OF EUROS LOST TO SCAMS EVERY YEAR

THE CONTINUED vulnerability of European Union (EU) revenue collection and spending to fraud has been brought into sharp relief by a new European Commission statistical analysis on financial crime.

That said, a working paper noted that in terms of revenue through external import duties (called ‘own resources’ in EU jargon) detected fraud cases involving EUR10,000 or more alone in 2017 indicates losses have been falling – but still to EUR76 million.…

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LEBANON TO BAN TURKISH TEXTILES

THE LEBANESE government has moved to ban the sale of certain Turkish products, including textile imports worth USD123.3 million a year, to protect local production.

However, Lebanon’s textile manufacturing sector is small, raising questions as to why Turkish textile imports should be banned.…

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PASSENGER EXPERIENCE COMES TO THE FOREFRONT AT DUBAI AIRPORT SHOW

Enhancing the quality of passenger experience while maintaining maximum security was a recurring theme during the Dubai Airport Show 2018. The annual airport industry event, held from May 7 to 9, drew more than 7,500 visitors.

Covering 15,000 square metres of space across three halls of the iconic Dubai International Convention and Exhibition Centre, its 18th edition hosted more than 350 exhibitors from 60 countries.…

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KEY NORTH AFRICA PAINT MARKETS STABILISE AFTER YEARS OF INSTABILITY

NORTH Africa is never an easy market in which to do business, and the Arab Spring and its turbulent aftermath has not helped ease trade, but as the paint industry looks to 2018, there is optimism that profits can be made.…

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NEW TAX A DAMPENER ON MIDDLE EAST PERSONAL CARE PRODUCT SALES

CONSUMERS do not like sales tax, and they are particularly sensitive to tax-based price increases when new taxes are introduced. So, it is maybe no surprise that personal care product sales in the Middle East have been dampened by the introduction of value added tax (VAT) in both Saudi Arabia and the United Arab Emirates (UAE) in January 2018, inflating beauty product prices.…

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NGOs WORKING IN SYRIA RISK SERIOUS BREACHES OF SANCTIONS AND AML/CFT RULES

NON-governmental organisations (NGO), aid agencies and charities are under increased pressure to abide by international and domestic anti-money laundering and terrorist finance regulations, such as those imposed by the UK, US and European Union (EU), including international sanctions. But it can be tough for NGOs to comply with such rules when operating in countries where there is civil conflict or civil war.…

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SMALL AND HOPING TO BE BEAUTIFULLY FORMED – QATAR’S LOCAL POPULATION FEEDS DOMESTIC COSMETIC SURGERY MARKET

QATAR is a small country, roughly half the size of Wales and with a population of 2.5 million. But what it lacks in demography and geography, it makes up for in spending power – and its significant cosmetic surgery industry is a key beneficiary.…

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