Search Results for: Lebanon

INTRODUCTION

In the competitive and innovative world of smart textile manufacturing and sale, companies strive to maximise functionality and minimise costs. Their ingenuity is the basis of their competitiveness. But as with all industries, some costs are out of their control.…

The Middle East and North Africa (MENA) paint market has had a difficult past two years, but the sector is gradually rebounding, driven especially by major development projects and growth in Saudi Arabia and Egypt.

“It has been tough period. Covid-19 had a significant impact on the MENA.…

Global haircare brands are starting to recognise a gap in the Muslim market as they launch products for hijab-wearing women and include them in marketing campaigns. L’Oréal’s Kérastase is the latest international brand to target this segment, having positioned its first anti-hair fall (loss) range, Genesis, to appeal to hijab-wearing women in Malaysia.…

Transparency International has flagged nine countries, including two European Union (EU) member states – Austria and Slovenia – where it says in a February 3 blog (1) societies need to be on “particularly high alert” for corruption, highlighting declining efforts to fight graft.…

The international growth of media content focused on Muslim cultural and Islamic religious interests is burgeoning, with companies expanding the reach of their output across national borders, developing an increasingly comprehensive ecosystem of programming delivered by broadcasting and internet-based apps.

The opening of the Dubai, United Arab Emirates (UAE) bureau of the Annahar Al Arabi digital news platform in January (2022) is one example of such cross-border growth, highlighting an appetite for regionally-relevant content in the Gulf region.…

A former DEA agent who laundered money undercover to attack the Medellín and Cali cartels has called for a root-and-branch reform of AML, so that its vast resources target the most suspicious transactions and the professional launderers who facilitate them. Speaking to MLB, Robert Mazur, who offered ML services to drug kingpins such as Pablo Escobar in the 1980s and 1990s to undermine their criminal networks, said that many laundering techniques used then are still in use today.…

The huge offshore finance leak unveiled last month (October 3) by the International Consortium of Investigative Journalists (ICIJ) has highlighted the risks major companies face when doing business in offshore jurisdictions. Keith Nuthall and Andreia Nogueira report.

Major companies undertaking international business must comply with increasingly tough beneficial ownership transparency laws, and risk reputational damage if they are associated with particularly elaborate devices to avoid tax, even if it is legal.…

A friend from Syria once told me of a 20-year-old man, an only child, who left his country, having been ordered to emigrate by his father in fear of the frenzy and killing in his country’s civil war. He moved to the comparative calm of Beirut, Lebanon.…

The huge offshore finance leak unveiled yesterday (October 3) by the International Consortium of Investigative Journalists (ICIJ) and its media partners has highlighted the pressures AML reporters face in complying with increasingly tough beneficial ownership transparency laws.

Reports generated from 2.94 terabytes of data within 12 million documents leaked to the ICIJ from the confidential records of 14 offshore service providers have been analysed by 600 journalists from 150 media outlets in 117 countries.…

After the Second World War, Europe emerged economically and socially drained. The war had destroyed so much housing, industry and infrastructure and killed millions of people. Unsurprisingly, the societies of countries who had fought – or been fought over – and that was most of the continent – were brought their knees by the conflict.…