Search Results for: Saudi Arabian

BY KEITH NUTHALL
IT could be the most underestimated commercial crime in the world, the illegal trade in wildlife and their products. Some estimates put its value at US$5 billion-a-year, but governments do not really seem to care. Keith Nuthall reports.…

STORIES BY KEITH NUTHALL

CAMEL milk could provide economic salvation to millions of Sahara nomads, who are roaming the deserts with a potentially valuable and untapped commodity. So says the UN’s Food & Agriculture Organisation (FAO), which points to mushrooming camel milk bars in Chad’s capital N’Djamena, informal exports from Ethiopia to Djibouti, the development of camel cheese in Mauritania and plans to make chocolate with Arabian peninsular camel milk.…

BY KEITH NUTHALL
AN ARAB sheik and his camel, riding the desert with a trained falcon, hunting for bustard migrating south to Africa; with skill and tenacity, he could catch 10 plump prey, a feast in a land where little grows.…

BY MONICA DOBIE
THE WORLD is a small place when it comes to business these days. Increasingly, multi-nationals, as well as medium-sized companies are setting up shop in all four corners of the world. Outsourcing work and creating offices in developing countries is de rigueur to cut costs.…

BY ALAN OSBORN
THE RECENT sharp rise in the price of petrol and petro-chemicals has inevitably threatened prices and profit margins in the paint manufacturing industry but the effect is far from straightforward according to leading figures in the industry. This is because paint and coatings manufacturers do not buy oil directly, but products further down the chain such as vinyl acetate monomer and others where impact of higher crude oil prices tends to be muted.…

BY KEITH NUTHALL
NOBODY likes to be on a blacklist, especially one written by the American government. But every year, the US state department issues a comprehensive rogues gallery of countries involved in the narcotics trade and related criminal problems. One surprising entrant: the United States.…

BY KEITH NUTHALL
SAUDI Arabia may be admitted to the World Trade Organisation before the end of this year, its director general Supachai Panitchpakdi has predicted, opening its economy to foreign goods and services via the WTO’s GATT and GATS agreements.…

BY MARK ROWE
PEPSICO, which is marking 50 years of operations in the Middle East, finds itself at something of a crossroads. An all-American company, in a region where anti-Americanism has rarely been so widespread, it faces several challenges to ensure that it will continue to operate successfully in the Middle East for a further half a century.…

BY MARK ROWE
THE 19th century saw imperial rivalry create the “Great Game”, when Russia and the British Empire tweaked one another’s tails in the region that following Russia’s Bolshevik revolution became known as Soviet Central Asia. The old Great Game was tied to control of India, and to gems and gold.…

BY MARK ROWE
UZBEKISTAN has been at the forefront of international AML efforts in the central Asia region, a spokesman for the United Nations Office on Drugs and Crime (UNODC) told the Money Laundering Bulletin. Uzbekistan has the most advanced AML legislation and apparatus of all the former Soviet Central Asia and has signed more than 20 bilateral and multilateral agreements on cooperation in fighting illicit drug trafficking with its Central Asian neighbours, as well as with Azerbaijan, Georgia, Iran, Pakistan, Russia and Turkey, according to the International Money Laundering Information Network (IMOLIN), (whose contributing members include the Financial Action Task Force (FATF), the Asia Pacific Group on Money Laundering, the United Nations and the World Customs Organisation).…