Search Results for: Algeria

THE OUTLOOK for European Union (EU) beef, sheep and goat meat imports looks bleak, with sales tumbling, according to an EU agricultural markets 2018 and 2019 forecast released by the European Commission.

Beef exports started falling by December 2017, and this has continued into this year, with exports almost 15% lower in the first four months of 2018 year-on-year.…

A report prepared for the European Commission has questioned whether a planned EUR3 billion pipeline across the Pyrenees linking France and Spain would be commercially viable, unless Algeria reduced exports of gas to Europe. Brussels asked consultancy Poyry to assess the Midi-Catalonia (Midcat) pipeline, which it has supported as a way of easing European reliance in Russian gas through boosting access to Span’s LNG terminals.…

Brazil is by far the country most-named in American investigations for crimes against the US Foreign Corrupt Practices Act (FCPA), with China trailing behind in second place, according to the latest listing from a blog, FCPA Tracker. It says industries cited in the different FCPA probes tied to Brazil include power generation, waste management, oil and gas services, food production, steel manufacturing and telecommunications.…

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.…

Brussels South Charleroi Airport has has to rethink its development plans after a January 25 ruling in the European Union’s (EU) General Court forced a 500% hike in its concession fee.  The court (part of the European Court of Justice) threw out Charleroi’s challenge to the European’s Commission 2004 decision that the EUR3 million annual concession fee that Belgium’s Wallonia Region was charging the airport was an illegal subsidy under the bloc’s state aid rules.…

PROTECTIONISM and currency problems are posing challenges for north Africa’s beauty and personal care market, often forcing consumers to change their purchasing behaviour and turn to locally manufactured products, when they are available.

In Egypt, the region’s most populous country, the fall in value of the local currency, the Egyptian pound, against the Euro, has helped increase the price of imported products.…

A NEW Turkish-Algerian public-private joint venture clothing and textile manufacturing facility is now under construction – with operations due to start this year. Its goal is to help transform the Algerian economy, diversifying it away from an over-reliance on oil and boosting its struggling clothing and textile sector.…

THE LAUNCH of a Turkish-Algerian joint venture is set to reduce textile imports into the North African country by as much as 90%, according to government officials. Claiming the initiative will operate Africa’s second largest manufacturing textile complex, in Sidi Khettab, in the northwestern province of Relizane, in Algeria, the country’s ministry of industry and mines says it will employ 25,000 people within three years.…

THE NONWOVENS market in the Middle East and Africa (MEA) is increasingly important to the global nonwovens industry, with rising consumer demand being generated by middle classes that are growing in size. Countries in the region are also comparatively young, with high birth rates, boosting demand for diapers and wipes.…

*The Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (BEPS) is closer to being in effect, with Barbados, Côte d’Ivoire, Jamaica, Malaysia, Panama and Tunisia signing. Now 78 jurisdictions have signed the convention, with Algeria, Kazakhstan, Oman and Swaziland to sign soon.…