Search Results for: Morocco

Niger’s military government is insisting it has maintained higher education services despite international sanctions imposed on the west African country since the coup d’état of last July (2023). This has ruptured relations with western and some neighbouring countries, prompting concerns that Nigerien students might struggle to continue their studies abroad.…

The Moroccan clothing and textile sector is promoting itself to European and north American buyers, as well as Chinese investors, as a near-sourcing hub, which guarantees sustainable and ethical practices in its production.

This is a key message from the Moroccan Association of Textile and Clothing Industries (AMITH – L’Association Marocaine des Industries de Textile et de l’Habillement), as it prepares for its next Maroc in Mode 2024 expo in Casablanca from November 7-9.…

Portuguese textile and garment industry executives have told Just Style how they can attract more international buyers and export sales at a tough time for the sector, through its sustainability, quality, innovations and proximity to main markets.
They were speaking at the 60+4 edition of Modtissimo, the oldest international textile fair in the Iberian Peninsula, in Matosinhos, northern Portugal, on September 12-13 (1).…

Since the Hamas-led attack on Israel on 7 October 2023, and the ensuing Israeli war on Gaza, the Palestinian banking sector has been caught in the crosshairs. Meanwhile, Hamas continues to get funding as the war enters its 10th month.

The Palestinian banking sector, overseen by the Palestinian Authority (PA), has been under heightened pressure from the Israeli government following the Hamas-led attacks.…

As intensifying international trade frictions highlight the need for Chinese textile companies to spread their risk by investing in production capacity within diverse global markets, Chinese textile companies are indeed expanding their global footprint. That includes downstream as well as upstream segments.…

A Financial Action Task Force (FATF) paper has warned that governments are failing to increase AML/CFT controls on virtual assets and virtual asset service providers (VASPs), with only 25% of those surveyed fully or largely compliant with FATF guidance (1).

Of these 130 jurisdictions assessed under the latest mutual evaluation reports and follow up checks, the 75% proportion of those partially or not compliant with FATF recommendation 15 on VASPs and other new tech, “is identical to that of April 2023…and shows negligible improvement,” said FATF.…

The only university of the self-declared Sahrawi Arab Democratic Republic, or Western Sahara, continues to teach and graduate students, despite the military stalemate that has persisted before and since its founding in 2012, which has left Morocco controlling 80% of the territory.…

The doomsayers who in 2022 predicted the collapse of cryptocurrency as a major payment instrument have been proved wrong, meaning that AML regulators and obliged entities will need to focus hard to fight the abuse of these digital payment systems by criminals.…

Disruptions to the supply chain in the Red Sea are driving up shipping costs for the clothing and textile sector, causing alternative routes to be used, and may result in longer-term shifts in sourcing as well as logistics, if the crisis continues.…

European textile companies increasingly overburdened by regulation say each new piece of European Union (EU) regulation they face should be assessed on the grounds of how it helps industry succeed in an increasingly competitive market. They say more should be done to boost a sector that employs 1.3 million workers in 192,000 companies and provides more than EUR67 billion’s worth of exports to the 27-country bloc, according to the European Apparel and Textile Confederation (Euratex).…