Search Results for: Morocco

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.…

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.…

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.…

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.…

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.…

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).…

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.…

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. …

MOROCCO is blessed with an ideal geographical position to develop a Europe-focused export-based dairy sector although its proximity to Spain – just 14 km of the Straits of Gibraltar separates the two – means this emerging market is a key focus of European exporters.…

OVER a sunny weekend in May 2017, 74,000 people headed to Barcelona’s Palau Sant Jordi, a futuristic events space built for the city’s 1992 Olympic Games, and many were going to learn about Spain’s organic and natural cosmetics products. On other occasions, these impressive numbers would be expected for the international pop stars who regularly perform here.…