Search Results for: Saudi Arabian
10 results out of 496 results found for 'Saudi Arabian'.
TÜRKIYE DAIRY PRODUCTION FALLS AS INDUSTRY STRUGGLES WITH INFLATION AND DEPRECIATING LIRA
INNOVATORS FUEL POLAND’S EXANDING FOOD AND DRINK MARKET AND INDUSTRY
The food industry is one of the most important and fastest growing branches of the Polish economy. With 60% of its land arable, Poland is the sixth largest agri-producer in the European Union (EU), according to the US Department of Agriculture (USDA).…
SUEZ/RED SEA CRISIS CAUSING DISRUPTION TO CLOTHING TRADE AND MAY PROMPT SOURCING SHIFTS
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.…
EGYPT CLOTHING EXPORTS DOWN BECAUSE OF RED SEA CRISIS – BUT EXPORTERS OPTIMISTIC ABOUT 2024 H2 REBOUND
The disruption to shipping through the Red Sea by Yemen’s Houthi militants is having a mixed impact on the Egyptian garment exporting industry – a key European near-sourcing hub. On the one hand shipping rates have increased, and the import of raw materials from east Asia has been impacted; while on the other hand, there has been an uptick in orders from European clients to take advantage of Egypt’s proximity to Europe, without running the gantlet of Houthi attacks.…
IRAQ’S CONSTRUCTION DRIVE BOOSTS PAINT AND COATINGS DEMAND BUT INDUSTRY NEEDS A NATIONAL STANDARD
Iraq’s paint and coating sector is benefitting from a surge in construction as the country rebuilds its infrastructure, resumes stalled projects, and embarks on newbuild and expansion projects.
The country is experiencing its most politically stable period since 2003 and amidst this transformation, construction is booming.…
IRAN SANCTIONS EVASION PERSISTS AS UN-BASED NUCLEAR RESTRICTIONS LAPSE
Implementing international sanctions is never easy, but the sanctions regime on Iran is highly complex, buffeted by shifting diplomatic stances. With its Security Council ally Russia relying on Iranian military and technology supplies for it to pursue its invasion of Ukraine, time-limited UN restrictions on Iran’s nuclear programme officially lapsed on October 18.…
10 KEY TAKEAWAYS FROM THE ACT MIDDLE EAST TREASURY SUMMIT 2023
UK recession expected by the end of the year
The way the data is evolving there is a 60% chance the UK will be in recession by the end of 2023, or certainly by the early stages of 2024, according to Simon Ballard, Chief Economist, First Abu Dhabi Bank.…
HOME PAINT CHOICES VARY BY GENERATION – WITH NEWER CONSUMERS TAKING MORE CARE OVER COLOUR RESEARCH
Over the past 50 years, generational differences in style and colour preference have altered demand for decorative paints, but geography and climate are also drivers when it comes to choosing interior coatings. More recently, at a more global level, differentiation has sharpened between the tastes of Baby Boomers and Generations Y (Millennials) and Z.…
AML FINES RISE – BUT HOW EFFECTIVE ARE THEY?
Anti-money laundering fines worldwide are expanding fast, say researchers, but assessments of whether this reduces and deters money laundering or just feed government coffers are not yet conclusive. According to Ireland-based international compliance firm Fenergo, AML/CFT fines worldwide – levied on organisations failing to operate legally mandated AML/CFT controls – increased 52% year-on-year in 2022, totalling USD4.1 billion, compared to USD2.7 billion in 2021.…
MOROCCO CLOTHING INDUSTRY PUSHING AHEAD WITH MODERNISATION, DESPITE EARTHQUAKE
The Morocco textile and clothing industry is forging ahead with expansion and modernisation plans despite the September 8 earthquake that killed 2,900 people and could cause up to USD10 billion’s worth of damage, according to the US Geological Survey (USGS).…