Search Results for: Libya

DEMAND for coatings for the Middle East’s oil and gas sector has been sluggish in the wake of lower energy prices. New infrastructure projects and maintenance is ongoing, but with government and national oil companies’ (NOCs) budgets getting tighter, so is the demand for innovative coating solutions.…

Civil war, currency instability and smuggling are hitting the Libyan sheep market and stocks of the key Libyan Barbary Sheep breed are decreasing. It is a key source for both meat and wool. Dr Abdulla Elmansoury, Professor of Physiology at Libyan International Medical University, in Benghazi, where he is Dean of the Faculty of Basic Medical Sciences, who is also a livestock farmer with holdings near Benghazi has seen his lamb business destroyed by the Libyan civil war that has continued since 2014.…

Terrorist financing is continuing in the Middle East, highlighted by the devastating attack in Istanbul over the new year. Radical Islamic groups still operate in Iraq and Syria, notably the Islamic State and the Levant, or ISIL (also known as ISIS), and the source of funding for these terrorist groups is a contentious issue.…

Arab Gulf governments are repeatedly accused of aiding terrorist financing on and, more often, off the record. Calls to get tough on these states have been sidelined by political and economic expediency, while Gulf moves to curb terrorist financing have been lacklustre and there may be risks ahead, reports Paul Cochrane, in Beirut.…

NORTH Africa has never been a particular easy place to do business, but female and male consumers are prepared to spend on personal care products, and profits are there for the taking for companies that take time to understand these vibrant and often contrasting markets.…

Libyan leader Muammar Gaddafi was killed and his regime overthrown in 2011. Billions of dollars in assets and funds stashed away over the years have disappeared. The hunt is still on but with Libya in chaos, there is no effective state to push the investigation and repatriate the cash, while commercial crime in this north African country has reached unprecedented levels.…

Demand for milk is outstripping domestic supply in Egypt, the most populous market in the Middle East and North Africa. The sector has been growing at more than 10% a year as Egypt – whose population is at least 82 million – consume more dairy products, especially milk and yoghurt.…

THE ARAB Spring has certainly been a mixed blessing for North Africa, with political instability as common as progress towards democratisation, and the region’s paint sector has not been insulated from these changes. Sales have swung up and down, with North Africa’s economies performing unevenly as the Arab Spring’s political changes shake out.…

Five years since the start of the Arab uprisings in 2011, instability is still impacting cosmetics sales in the Levant and north Africa. Last year saw a slight improvement on overall sales in 2014, the year the Islamic State spread through northern Iraq and Syria, but figures are down on 2013, and the growth projected in 2010, according to figures from market researcher Euromonitor International and estimates from cosmetics companies.…

Gas companies have been asked to comment on a new 10 year strategy for developing European Union (EU) gas distribution released by the European Network of Transmission System Operators for Gas (ENTSOG).
The network stresses that Europe faces supply and pricing challenges, mitigated by investment in its pipeline and interconnector networks.…