Search Results for: UAE
10 results out of 299 results found for 'UAE'.
WELLNESS CONFECTIONERY PRODUCTS GROW PRESENCE AS CONSUMERS BECOME MORE HEALTH CONSCIOUS
While the confectionery industry is traditionally associated with high sugar levels and unhealthy indulgence, market research indicates that efforts to also appeal to consumers with a growing interest in health and wellness trends are paying off. According to UK-based market researcher GlobalData, in 2016 alone USD3.7 billion worth of confectionery with functional or fortified attributes was sold globally.…
QUALIFIED GULF WOMEN NEED TO PUSH THEMSELVES FORWARD FOR SENIOR FINANCE POSITIONS – ACCA CONFERENCE TOLD
Women in the Gulf region need to put themselves forward and show the skills they can contribute to organisations if they want to be considered for more senior positions, participants of a recent event hosted by the Association of Chartered Certified Accountants (ACCA) have said.…
INTERNATIONAL REGULATORY ROUND UP – BREXIT SPARKS CONCERN OVER RELATED EU IMPORT QUOTA REDUCTIONS
TRADING partners with the European Union (EU) are concerned about the EU cutting the size of low duty import quotas once Britain quits the bloc, which it is scheduled to do on March 28.
The EU has released detailed plans to reduce the amount of some goods it allows into the EU, to take account of Britain exiting the single European market.…
UAE’s OPEN ECONOMY AND COMPLEX POLITICS MEANS AML REGULATION IS MORE DECENTRALISED THAN IN CENTRALISED SAUDI KINGDOM NEXT DOOR
The Kingdom of Saudi Arabia and the United Arab Emirates (UAE) are political and economic heavy-weights in the Middle East, but while they have much in common, their anti-money laundering/combating the financing of terrorism (AML/CFT) regimes and the risks they face significantly differ, primarily due to the UAE’s greater exposure to the international financial system.…
CARBON CAPTURE AND STORAGE SECTOR MATURES – BUT IT IS FAR FROM STOPPING CLIMATE CHANGE
A TECHNOLOGY entwined with fossil fuels that, by the of 2018, boasted 43 large-scale facilities, (18 in commercial operation, five in construction and 20 in development), and which processed almost 40 million tonnes per annum (mtpa) of CO2, is clearly more than a passing fad.…
NEW INDIAN MEDICAL STOCKINGS MAKER PROSPERS FROM COMBINING QUALITY WITH LOWER COSTS
INDIA’S knitted medical stockings maker Ista Healthcare has been in business for only three years but has already been exporting products, has created backward integration and is now seeking venture capital for future expansion.
“Our product has been created right from scratch and is now accepted worldwide,” said Kumaraguru Muthuswamy, chief executive of Ista Healthcare LLP, based in the southern Indian city of Coimbatore, in Tamil Nadu state.…
IRAN GIRDS ITSELF AGAINST RENEWED USA SANCTIONS, PLOTS EVASION
With the USA re-imposing sanctions on Iran, and international financial institutions wary of dealing with the country, Tehran is dusting off its pre-2015 sanctions-busting playbook. Old networks are being renewed, including with neighbouring countries and China, but there are more obstacles for the Iranian government to contend with this time around.…
MIDDLE EAST PAINT MARKET MIXED BAG – AS ECONOMIC DIVERSIFICATION PROJECTS BOOST SALES WITHIN WEAK MARKETS
Paint markets throughout much of the Middle East are experiencing a downturn due to the region’s political instability and economic slowdown. However, manufacturers are nonetheless betting on a rebound as larger projects re-start and reconstruction begins in certain markets.
In the oil-based economies of the United Arab Emirates (UAE) and Saudi Arabia, lower oil prices have hit government budgets, causing state-backed projects to be suspended or delayed, while having a knock-on effect on the wider economy.…
CHARITIES STILL STRUGGLE TO AVOID BEING TAINTED WITH TERRORIST FINANCING
Charities continue to be at risk of being exploited by terrorist groups looking to transfer money and finance their operations, with the Middle East a high-risk area.
These non-governmental organisations (NGOs) are, however, criticising the extra scrutiny the sector is facing from regulators, banks and governments, saying it is driving charity financing into the shadows, actually increasing risks of financing by crime and terror groups.…
INDIAN MEAT TRADERS OUTRAGED BY SUDDEN GOVERNMENT EID LIVESTOCK EXPORT BAN
INDIAN livestock exporters are up in arms after the Indian government withdrew permission to export 25,000 goats and sheep from the western state of Gujarat just before the Islamic festival of Eid al-Adha.
The animals were bound for slaughter in Gulf countries as part of the festivities, which involve copious consumption of meat.…