Search Results for: Morocco

EUROPEAN Union (EU) customs authorities seized five million more counterfeit products at the bloc’s borders in 2015 than the year before, with China the originating country for 41% of these fakes, the European Commission’s latest annual report on the problem reveals.…

The United Arab Emirates’ (UAE) spa market experienced healthy growth in 2015 compared to 2014, increasing 11% in value terms to reach Emirati Dirham AED1.57 billion (USD428 million), according to market research company Euromonitor International.

In 2016, the market is predicted to grow by 9% to hit USD435 million year-on-year, accounting for nearly 14% of the Middle East and Africa’s USD3 billion spa market, according to Euromonitor.…

The male grooming market in the Middle East and North Africa (MENA) has grown significantly over the past decade as men become more image conscious and brand aware.

This MENA market “is growing and performing quite well, at around five per cent growth a year in constant terms,” said Amna Abbas, a research analyst at Euromonitor, in the United Arab Emirates’ (UAE) Dubai.…

AFRICA’S economic growth means it does not just have more banks than before, banking groups are spreading across national borders. And while this can boost banks’ lending and savings security, it also complicates the job of regulators charged with ensuring such institutions are honest and solvent.…

Paint and varnish manufacturers in Japan experienced a disappointing 2015, with sluggish purchasing from the construction and automotive sectors translating into meagre 0.3% growth over the fiscal year. Analysts predict that growth will pick up in the short term, in part as a result of a spike in demand from the construction sector ahead of Tokyo hosting the 2020 Olympic Games – although industry players are concerned about the longer-term outlook for the sector.…

MOROCCO has avoided the chaos suffered by many other Arab countries as a result of the Arab Spring, but while has been tightening its anti-money laundering and combatting the financing of terrorism (AML/CFT) measures, experts say significant reforms are still required.…

Demand for milk is outstripping domestic supply in Egypt, the most populous market in the Middle East and North Africa. The sector has been growing at more than 10% a year as Egypt – whose population is at least 82 million – consume more dairy products, especially milk and yoghurt.…

The recent start of commercial operations at concentrating solar power (CSP) plants in Africa illustrates the potential for utility-scale CSP to capture an increasing share in the world’s power generation mix.

These plants include the 160 megawatt (MW) Noor 1 in southern Morocco, the foundation of what may become the world’s largest CSP generation site, and the 50MW Khi Solar One in South Africa.…

INCREASING demands on the part of European Union (EU) textile buyers for compliance with environmentally sustainable standards have inspired a major project launched by Moroccan trade groups into improving the practices of the country’s denim industry.

This is called the Moroccan Denim Cluster (MDC), founded in 2014 as an industry association for this segment.…

A NEW survey has concluded at least 50 million people paid bribes just to access basic public services in the Middle East and North Africa (MENA) in a 12 month period. Transparency International estimates are based on its September 2014 to

November 2015 survey of nearly 11,000 adults in nine countries and territories across the region: Algeria, Egypt, Jordan, Lebanon, Morocco, the Palestinian territories, Sudan, Tunisia and Yemen.…