Search Results for: Egyptian

BY PAUL COCHRANE, in Cairo

ARAB bankers called for multinational anti-money laundering (AML) regulations to take into account their region’s family-orientated, cash-based business traditions and the need to agree on a common definition of terrorism.

"We need to define terrorism as we see it," said an Egyptian banker at Banking institutions at a US-MENA Private Sector Dialogue Conference on Combating Money Laundering and Terrorist Financing in Cairo.…

BY MARK ROWE AND PAUL COCHRANE

INTRODUCTION

JUST as chocolate sells well in cold countries, so do soft drinks flourish in hot countries, which would suggest that North Africa and the Levant presents an inviting face to the international drinks market.…

BY PAUL COCHRANE
THE EGYPTIAN paint industry is in a state of flux after the sector was deregulated, with competition increasing both domestically and internationally, and long-term projections hampered by the government’s inability to decide on whether or not to cease subsidising turpentine supplies.…

BY ALAN OSBORN
A PROPOSAL by the European Commission to publish a blacklist of airlines with unsatisfactory safety records could mean the withdrawal of insurance cover for companies failing to measure up according to Commission officials. The Brussels plan has been made in the context of a recent sequence of aviation crashes off Italy, Greece, Canada and Venezuela where defective aircraft or negligence by operating personnel have come under suspicion.…

BY KEITH NUTHALL
A PROACTIVE competition inquiry has been launched into the European Union’s (EU) natural gas sector, with the aim of rooting out anti-competitive practices. If the European Commission discovers instances of gas companies breaking existing EU competition law, legal action could follow.…

BY KEITH NUTHALL
THE PAKISTANI government has launched formal disputes proceedings at the World Trade Organisation (WTO) over claims that Egypt is breaking global commerce rules by imposing anti-dumping duties on Pakistan match exports. Egypt introduced the tariffs because it says cut-priced Pakistani matches are unfairly eating into the domestic market share of Egyptian match producers.…

BY MARK ROWE AND PAUL COCHRANE

INTRODUCTION

JUST as chocolate sells well in cold countries, so do soft drinks flourish in hot countries, which would suggest that North Africa and the Levant presents an inviting face to the international drinks market.…

BY KEITH NUTHALL
THE EGYPTIAN government is to receive Euro 521,990 from the European Union (EU) to help improve the environmental performance of its tanneries. The money, from the EU’s LIFE Third Countries programme, will be paid to the Egyptian Ministry of Industry and Technological Development.…

BY KEITH NUTHALL
THE ENERGY portfolio at the European Commission is being downgraded this November with the departure of Spain’s Loyola de Palacio, a vice-president as well as an energy commissioner. Hungary’s foreign minister László Kovacs – who will be a standard commissioner without the transport portfolio also commanded by De Palacio – is replacing her.…

KEITH NUTHALL
EGYPTIAN fish farms are being supplied with Cairo wastewater cleansed by innovative biotechnology. In a scheme coordinated by the United Nations Development Programme (UNDP), the Egyptian government is pumping 25,000 cubic metres of water from a drain serving the capital into huge ponds, where sediments settle.…