Search Results for: UAE
10 results out of 299 results found for 'UAE'.
GULF STILL A MAJOR MARKET FOR BIO-BASED OILS AND FATS, DESPITE GLOBAL ECONOMIC DOWNTURN
BY PAUL COCHRANE
THE MIDDLE East and North Africa region (that economists like to award the acronym ‘MENA’) consumes 6% of the global vegetable oil market and sucks in 15% of global imports, with strong growth across the board on the back of rising per capita GDP and a burgeoning population.…
MIDDLE EAST DENIM MARKET DOMINATED BY LABELS IN RICH GULF AND ISRAEL, AND STYLE IN POORER LEVANT
BY PAUL COCHRANE, in Damascus and Beirut, and HELENA FLUSFELDER, in Jerusalem
INTRODUCTION AND THE GULF
THE DENIM sector in the Middle East is as diverse as it is fragmented, with strong demand in the Gulf and Israel for major brand names and the latest trends, while in the less economically developed parts of the Levant international brands are of less importance than style.…
DUBAI PUSHES AHEAD WITH PLANS TO BUILD THE WORLD'S LARGEST AIRPORT
BY PAUL COCHRANE, in Beirut
IN a bid to become a major air industry capital of the world, Dubai is investing US$13 billion in civil aviation and aerospace projects as part of a master plan that extends to 2050. Dubai International Airport (DXB), the 10th busiest in the world in 2006 according to Airports Council International, is spending US$4.5 billion on terminals and other facilities that will triple its capacity by 2009 to 75 million passengers, while the US$33 billion Dubai World Central (DWC) business and residential city will be centred around what could be the world’s largest airport and cargo hub, the Al Maktoum International Airport (MIA).…
BOTTLES WATER AND FRUIT JUICE CONSUMPTION BOOM FUELS GROWTH IN MIDDLE EAST DRINKS SECTOR
BY PAUL COCHRANE, in Beirut, and HELENA FLUSFELDER, in Jerusalem
THE DRINKS market in the Middle East continues to increase on the back of population growth, economic development, improvements in distribution and retail, and more aggressive advertising campaigns.
But like much of the rest of the world, younger and better educated market segments within the region are shifting away from carbonated soft drinks (CSD) towards fruit juices and bottled water as people become increasingly health conscious according to independent industry analysts and the drinks sector.…
REGIONAL TRADE DEALS PROMOTE GLOBAL TRADE IN CLOTHING AND TEXTILE SECTOR
BY LUCY JONES, in Dallas; ALAN OSBORN, in London; KARRYN CARTELLE, in Tokyo; BILL CORCORAN, in Johannesburg; PAUL COCHRANE, in Beirut; RACHEL JONES, in Caracas; MARK ROWE; and KEITH NUTHALL
WITH the World Trade Organisation’s (WTO) Doha Development Round being slow to proceed since its 2001 launch – and only this year approaching something resembling and end game – free traders wanting to encourage global commerce have looked to bilateral and regional trade deals.…
OPENING OF LIBYA'S OIL SECTOR A BOON FOR ENERGY COMPANIES SEEKING NEW CRUDE SOURCES
BY PAUL COCHRANE, in Tripoli and Beirut
THE OPENING up of Libya’s economy could not have come at a better time for international oil companies, which have been beset in recent years by dwindling easily accessible oil reserves, tighter controls over exploration rights and extraction, and heightened security concerns.…
GULF CAR SECTOR BOOMING, BUT WITH A FEW EXCEPTIONS SAY EXPERTS
BY PAUL COCHRANE, in Kuwait City and Beirut
THE AUTO sector and market of the Middle East’s Gulf region experienced yet another boom year in 2007 on the back of high oil prices, a rising population and strong economic growth. But although sales were uniformly high among the six Gulf Arab states that make up the Gulf Cooperation Council (GCC), Kuwait had a noticeably slower year, particularly for American and European brands.…
OIL-RICH KUWAIT MOVES TO BAN SMOKING IN PUBLIC PLACES
BY PAUL COCHRANE, in Kuwait City
KUWAIT is set to follow Dubai by banning smoking in public places, a move that is expected to further hit local struggling non-premium tobacco distributors, who are still reeling from a hike in duty and advertising bans imposed five years ago.…
THE MIDDLE EAST: A HUB FOR FAKE CAR PARTS
BY PAUL COCHRANE, in Kuwait
THE MARKET for fake car parts in the Middle East is rising at an alarming pace, now accounting for an estimated 30% of the region’s US$11 billion parts sector. In a recent Organisation for Economic Cooperation and Development (OECD) report, the Middle East was highlighted as a central market in the US$16 billion global trade in fake auto parts, which is growing at an estimated 9-11% a year.…
PAKISTAN FOOD INDUSTRY NEWS
BY SAEED AKHTAR BALOCH, in Lahore
WITH a long established food manufacturing sector and strong commodity production, the Pakistan food industry, one of the largest industries in the country, has grown with an average pace of 10% over the last three years.…