Search Results for: Moroccan

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.…

Saudi Arabia’s economy has been going through tough times ever since oil prices started tumbling in late 2014. Only a few market segments have withstood the effects of the latest downturn – men’s grooming being one of them. Overall, the male grooming market in the kingdom registered a minor value decline of 0.4% in 2016 compared to 2015, reaching Saudi Arabian SAR2 billion (USD533.2 million), according to research company Euromonitor International.…

Traditional Moroccan soap has a good market among American consumers. New York–based cosmetics company Kahina Giving Beauty launched its Morocco-manufactured ‘Moroccan beldi’ in January 2016 driven by a demand for traditional Moroccan soaps in the USA. Kahina Giving Beauty founder Katharine (NOTE – SPELLING IS CORRECT – TWO ‘A’s IN NAME) L’Heureux, told Cosmetics Business Markets.…

The Moroccan bath and shower products market grew by 8% in 2015, with a sales value of Moroccan Dirham MAD868 million (USD86.1 million) according to UK-based market research company, Euromonitor International, while the highest growth rate was reached by intimate washes with 12%.…

The United Arab Emirates’ (UAE) spa market experienced healthy growth in 2015 compared to 2014, increasing 11% in value terms to reach Emirati Dirham AED1.57 billion (USD428 million), according to market research company Euromonitor International.

In 2016, the market is predicted to grow by 9% to hit USD435 million year-on-year, accounting for nearly 14% of the Middle East and Africa’s USD3 billion spa market, according to Euromonitor.…

MOROCCO has avoided the chaos suffered by many other Arab countries as a result of the Arab Spring, but while has been tightening its anti-money laundering and combatting the financing of terrorism (AML/CFT) measures, experts say significant reforms are still required.…

The recent start of commercial operations at concentrating solar power (CSP) plants in Africa illustrates the potential for utility-scale CSP to capture an increasing share in the world’s power generation mix.

These plants include the 160 megawatt (MW) Noor 1 in southern Morocco, the foundation of what may become the world’s largest CSP generation site, and the 50MW Khi Solar One in South Africa.…

INCREASING demands on the part of European Union (EU) textile buyers for compliance with environmentally sustainable standards have inspired a major project launched by Moroccan trade groups into improving the practices of the country’s denim industry.

This is called the Moroccan Denim Cluster (MDC), founded in 2014 as an industry association for this segment.…

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.…

THE STABLE north African kingdom of Morocco is pushing ahead with plans to grow its automotive manufacturing industry, creating a lower-cost hub for supplying nearby wealthy European markets. Indeed, with the Strait of Gibraltar crossing between Morocco and Spain being just over eight miles wide, the Morocco government’s 2014-2020 industrial acceleration policy is clear – it wants to grow its auto sector fast.…