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Search Results for: saudi arabia

10 results out of 378 results found for 'saudi arabia'.

MIDDLE EAST PAINT MARKET SUFFERS AS GULF ECONOMIC WEAKNESS AND LEVANT CONFLICT RESTRICTS SALES



 

Time was that the Gulf was a hotspot for paint and coatings sales and production, with frothy demand fuelled by major building projects – most met by locally manufactured product. But today, demand for paint in the Gulf countries is sluggish due to low oil prices, depressing overall economies and a drop in the number of infrastructure and real estate projects under construction.…

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AUSTRALIA DAIRY SECTOR FEARS IT WILL LOSE OUT FROM EU TRADE DEAL MANDATING GI PROTECTION



A free trade deal between Europe and Australia is in the making but European Union (EU) trade negotiators have managed to generate some serious concerns among Australian dairy industry in the process. The EU wants Australia to recognise the exclusive rights of EU cheesemakers to the traditional names of almost 60 different types of cheeses through Australia recognising EU geographical indications (GI) within any agreement.…

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INDIAN APPAREL EXPORTS RISE – BUT EXPECTED TO FALL BACK IN AUGUST SAYS MANUFACTURERS ASSOCIAITON



SALES of Indian apparel exports continue to be sluggish even after registering a 11% growth in July compared to June this year, after three months of continuous decline. According to a monthly newsletter issued by the Clothing Manufacturers Association of India on October 5, India exported USD1.36 billion’s worth of apparel in July, which was also 7% more than July 2018.…

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INTERNATIONAL REGULATORY ROUND UP - NEW EUROPEAN COMMISSION MAY PUSH HARMONISATION OF SUGAR FOOD LABELLING



THE INCOMING European Commission may seek to further harmonise European Union (EU) food labelling rules on sugar content. This pledge comes from the nominee for new EU health commissioner, Stella Kyriakides, a Cypriot parliamentarian, whose EU role includes being responsible for food safety and standards.…

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NONWOVENS SECTOR IN MIDDLE EAST AND NORTH AFRICA STRUGGLES WITH OVERCAPACITY



THE NONWOVENS industry in the Middle East and North Africa (MENA) is still struggling with over-capacity, while declining purchasing power has hit the mid- and higher-tier segments, prompting global players to reconsider product offerings.

MENA economies have been impacted by low oil prices and regional instability, with growth forecast at 1.5% this year, down from 1.7% in 2018, according to investment bank JP Morgan.…

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BRAZIL BEEF EXPORTS TO UAE BOOM



Brazilian beef exports to the United Arab Emirates (UAE) saw an increase of 439.84% year-on-year in the first half of 2019, according to figures issued by the Dubai-based Arab Brazilian Chamber of Commerce. Brazilian beef sales to all Arab countries were up 47.62%.…

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NESTLÉ’s EMENA RESTRUCTURE IS PAYING DIVIDENDS, SAYS SETTEMBRI



GLOBAL food and beverage company Nestlé’s restructure in the EMENA (Europe, Middle East and North Africa) region, which began in 2017, has delivered improved efficiencies and performance, according to Marco Settembri, Nestlé’s executive vice-president and EMENA zone CEO.

“It’s always a question of evolution,” Mr Settembri told just-food before the opening session of the July 4-5 2nd European Entrepreneurship Education summit in Lille, northern France,* in which he was to speak.…

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INTERNATIONAL REGULATORY ROUND UP – ISO LAUNCHES NEW COCOA SUSTAINABILITY STANDARDS



THE INTERNATIONAL Organization for Standardization (ISO) has launched a series of standards designed to help the cocoa industry ensure its products are both sustainably harvested and processed, but also traceable across their supply chains. Its ISO 34101 series is designed to promote good environmental and labour practices in a sector that involves sophisticated confectionery companies, global commodity traders and small farmers, often in poor countries, notably in west Africa.…

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EGYPT PAINT INDUSTRY EXPANDS, DESPITE WEAK CURRENCY IN INFLATING IMPORTED INPUT COSTS



THE EGYPTIAN economy is still struggling to overcome the problem of low hard currency reserves, a challenge that has negatively affected the local paints and coatings industry due its high dependence on imports.

“There has been a crisis in terms of availability of US dollars to purchase raw materials and most of the raw materials are imported,” said Himanshu Vasisht, project lead for energy and chemicals at India-based market researcher Mordor Intelligence.…

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ONLINE TOOLS OFFER ANTI-FRAUD INVESTIGATORS INCREASINGLY SOPHISTICATED SURVEILLANCE OF CRIMINALS



With more than 5.48 billion (see https://www.worldwidewebsize.com) pages on the internet, fraud investigators have a wealth of material at their fingertips to help trace fraudsters and link target individuals, objects, locations and events. Thankfully, there are also increasingly sophisticated sites and tools available online to make this task more efficient and less time-consuming.…

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