Search Results for: Morocco
10 results out of 257 results found for 'Morocco'.
AFRICAN GOVERNMENTS WAKE UP TO POTENTIAL OF OUTSOURCED CLOTHING BUSINESS
Africa governments are waking up to the fact that the continent could be a ‘new frontier’ for clothing manufacturing sourcing, export associations and manufacturers at Destination Africa, a trade event in Cairo, Egypt, have told just-style.
They stressed that Africa has significant opportunities to divert manufacturing from Asia due to rising production costs, especially in China, and take advantage of the proximity to European markets.…
EGYPT PLOTS LEATHER EXPORT EXPANSION
THE EGYPT government and leather industry is planning to boost the country’s leather exports by 80%, to USD1 billion by 2020, through modernising the sector and developing dedicated manufacturing hubs. The Egyptian leather sector took a major hit in terms of lost sales and output during the political and economic instability following the 2011 revolution, and there has been no major investment for the past 15 years to upgrade facilities and improve output.…
EGYPT EYES CONTINENT TEXTILE HUB STATUS
EGYPT is trying to develop its upstream textile capabilities to bolster exports and be part of an integrated African continent-wide supply chain, linking its cut-and-sew and quality cotton fibre base. While Egypt exported USD764 million worth of fabric and yarn in 2016 according to the country’s Textile Export Council (TEC), challenges abound regarding Egypt’s efforts to generate more value-added textiles.…
LOW LEVELS OF AFRICA TAX TAKE DEMONSTRATED BY OECD
DATA has been released by the Organisation for Economic Cooperation & Development (OECD) that shows how African governments collect less tax as a proportion of their countries’ wealth than in Latin America and the Caribbean. Africa’s average 2015 tax-to-GDP ratio was 19.1%; compared to 22.8% in Latin America/Caribbean and 34.3% for the 35 richer countries within the OECD.…
CANNABIS MONEY LAUNDERING CONTROLS TO BECOME MORE COMPLEX AS LEGALISATION GROWS IN NORTH AMERICA
Of course, it is not doing this by increasing policing and the number of suspicious transaction reports, but by liberalising what is now a criminal activity, the growing, processing, sale and consumption of cannabis for recreation.
By doing so, it plans to be the first G20 country to legalise and regulate the recreational use of cannabis nationwide by July 2018.…
CANNABIS MONEY LAUNDERING CONTROLS TO BECOME MORE COMPLEX AS LEGALISATION GROWS IN NORTH AMERICA
WITH the introduction of Bill C-45 into the Canadian House of Commons earlier this year, and its securing a second reading vote in June (see https://openparliament.ca/bills/42-1/C-45/), Canada’s government has moved closer to removing millions of dollars of dirty money from its economy.…
TUNISIA SPA AND SALON DOMESTIC SALES GROW, EVEN AS FOREIGN TOURISM SOFTENS
THE ARAB Spring, for all its faults, inconsistencies and disappointments, has delivered the world one thriving open and pluralistic Arab society – Tunisia – where women especially have seized new freedoms and spending power. This is reflected in spending on spa and salon services in the country, where, according to market researcher Euromonitor International, in the year of the 2011 Jasmine Revolution the turnover of the Tunisian spa sector was just USD32.4 million.…
BRAZIL TEXTILE MARKET STRENGTHENS TIES WITH MENA COUNTRIES
THE LEAGUE of Arab States’ 22 countries have imported more Brazilian textiles and clothing between January and July of 2017 than during the whole of 2016, according to the latest industry figures from the Brazilian-Arabic Chamber of Commerce (CCAB – Câmara de Comércio Árabe-Brasileira).…
EGYPT’S LOCAL PRODUCTION SUPPORT FAILS TO GAIN SUPPORT – AND IS NOW UNDER REVIEW
THE EGYPTIAN government has said it will use German consultants to fine tune a planned subsidy system benefiting Egypt-based assemblers who source parts domestically. The goal of the ministry of industry is to smooth concerns about the incentives at the European Commission, the European Union (EU) executive, which wants freer trade between the EU and Egypt and views Egyptian government plans to favour local parts sourcing as a trade barrier.…
JORDAN AND KUWAIT LAPTOP BANS LIFTED
ROYAL Jordanian Airlines and Kuwait Airlines have been given permission to allow air passengers on USA-bound flights to resume carrying personal electronic items, including laptops, onto their planes, after they ramped up security measures. The bans, lifted July 9, had been imposed in March over American concerns that Islamic State members and other extremists could hide bombs inside laptops. …