Search Results for: Libya

North Africa’s entire paints and coatings market is valued at about USD1.1 billion on approximately 0.5 billion litres of coatings, according to the International Paint and Printing Inks Council (IPPIC). Of this, nearly 60% of the market value and more than 75% of market volume is comprised of decorative paints and coatings, according to data collected for the IPPIC by US-based Orr & Boss Inc.…

THE EXPANSION of Renault’s manufacturing operations in Algeria looks set to continue, providing new jobs in the north African nation, fuelling speculation about its strategic significance. The company has already created 250 direct jobs and 500 indirect jobs according to Guillaume Josselin, chief executive officer of Renault Algeria, through the opening last November 10 (2014) of a car manufacturing plant, based in the coastal city of Oran.…

The Egyptian energy sector is facing numerous challenges in the immediate and long-term, mirroring how the country is struggling to secure political stability. Insufficient power supply is resulting in sporadic power cuts in the major cities, driving up sales of private generators.…

WITH the dust settling in post-revolutionary Egypt, economic reforms are on the agenda as the country seeks more foreign investment to get back on its feet. Improving auditing and accounting standards is on the to-do list, to bolster capital inflows and the domestic economy.…

The Middle East and North African nonwovens sector is in flux. At the same time as extra capacity has come online, regional demand has been affected by political instability, forcing manufacturers to focus on exports and diversify their offerings.

“It is showing clearly now that the Arab Spring and political consequences have definitely delayed investment decisions by potential customers.…

With the conflict in Syria into its fourth year, the pharmaceutical and health care sectors in the country have been decimated, while an estimated 9 million people have been displaced. More than 3 million refugees have fled Syria to neighbouring Turkey, Lebanon, Jordan and Iraq, according to the United Nations High Commissioner for Refugees (UNHCR) office.…

A leading carpet producer in Gaziantep Province, which lies in Turkey’s Southeastern Anatolia Region, and a major carpet production hub, has told WTiN.com that the industry is facing a number of challenges as the Turkish sector becomes increasingly competitive.

According to data from the Southeastern Anatolia Exporters’ Union (GAİB), Gaziantep’s annual exports of carpets are currently worth around USD1.5 bilion, with 227 carpet companies in Gaziantep that are members of export unions.…

Chinese construction firms have cornered plenty of business in Africa and Latin America, but they need upskilling to consolidate their position. Anyone who observes the queues of nervous young men lining up in the early morning in Beijing’s tree-lined Sanlitun diplomatic district will be in no doubt of the intensity of Chinese activity in Africa and Latin America.…

THE MIDDLE East cosmetics market is weathering the region’s current political and economic instability in the region. While the markets in the Levant are experiencing tough times, Gulf sales continue to grow. Retailers and manufacturers are also offsetting the losses incurred in depressed and unstable countries by exporting to burgeoning African markets.…

Compliance experts believe the sanctions imposed thus far by the USA and European Union (EU) on Russia over the Ukraine crisis will have a mixed effect. One of the biggest criticisms is that the sanctions were publicly discussed before being implemented giving targeted individuals time to get their finances to a safe haven.…