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Search Results for: UAE

10 results out of 368 results found for 'UAE'.

INTERNATIONAL REGULATORY ROUND UP – EFSA LAUNCHES SUGAR SAFETY STUDY



THE EUROPEAN Food Safety Authority (EFSA) has launched a comprehensive study into the healthiness of consuming sugar, that could guidance telling consumers when to stop eating sugary foods, such as confectionery. An ad-hoc working group with expertise in dietary exposure, epidemiology, human nutrition, diet-related chronic diseases and dentistry will examine the issue, along with Denmark, Finland, Iceland, Norway and Sweden, which requested the work.

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EGYPT’S PAINT AND COATINGS SECTOR MAKES BUMPY PROGRESS, BUT THE FUTURE LOOKS BRIGHT



THE PAINT and coatings sector in Egypt is growing, but its progress has been unsteady, reflecting its bumpy political progress since its 2011 revolution that brought down long-standing President Hosni Mubarak. While a construction boom dominated by huge public private partnerships (PPPs) is driving up sales of decorative paint, according to industry analysts, a weak automotive sector is holding back overall growth with slow sales of refinishing paint.…

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DIAMOND INDUSTRY REMAINS TOUGH SECTOR FOR MONEY LAUNDERING CONTROLS



THE DIAMOND trade is still one of money launderers’ best friends due the precious stone’s high value to mass ratio, akin to the highest value banknotes that can be obtained. Indeed, it is maybe harder to trace diamonds than numbered banknotes, there is no reliable means by which the point of origin of a particular diamond can be ascertained just by examining it.…

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OIL PRICES AFFECTING DEMAND FOR SPECIALIST COATINGS IN MENA AREA



 

DEMAND for coatings for the Middle East’s oil and gas sector has been sluggish in the wake of lower energy prices. New infrastructure projects and maintenance is ongoing, but with government and national oil companies’ (NOCs) budgets getting tighter, so is the demand for innovative coating solutions.…

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RISING INCOME LEVELS AND STRONG GROOMING TRENDS DRIVE UP SOUTH AFRICAN PERFUME SALES



SOUTH African fragrance sales are growing swiftly. Research released by Euromonitor International in April 2016 entitled ‘Fragrances in South Africa’ showed a market more than doubling from South African rand ZAR5.288 billion (USD423 million) in 2010 to ZAR11.505 billion (USD923.4 million) in 2015.…

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MIDDLE EAST AND AFRICA FRAGRANCE MARKETS



IT has been a tough year for the fragrance industry in the United Arab Emirates (UAE), where competition between international and local brands has intensified, while consumer spending has been weakening. But this has not stopped perfumiers from launching new products nor has it prevented overseas suppliers from expanding their local presence.…

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KENYA PAINT MARKET AND INDUSTRY GROWING INTI KEY EAST AFRICAN HUB



KENYA has long been regarded as east Africa’s economic powerhouse, with residential and industrial construction boosting sales of paints and coatings – and for now there seems to be no halt in this progress. Indeed, the last World Bank assessment of growth in this 45 million people country was that GDP rose by 5.6% in 2015.…

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SOUTH AFRICA’S HIGH SKIN CANCER RISK AND DIVERSE SKIN TYPES GENERATES COMPLEX AND DYNAMIC SUNCARE MARKET



SKIN cancer ranks as South Africa’s most common form of the disease with the country also suffering the second highest incidence globally after Australia, according to the Skin Cancer Foundation of South Africa – research such as this is driving sales of sunscreen products.…

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SUNKISSED UAE IS GROWING MARKET FOR SUNCARE PRODUCTS



YEAR–round sunshine, a young population, and a large expatriate community have made the United Arab Emirates (UAE) a strategic destination for multinational suncare brands, which continue to dominate the local market.

According to London-based research company Euromonitor International, the UAE’s suncare market was valued at Emirati Dirham AED89.38 million (USD24.3 million) in 2016, up 4% compared to 2015.…

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GULF ECONOMIES DAMPENED BY LOW OIL PRICES, BUT CONSUMERS STILL PREPARED TO SPLURGE ON PERSONAL CARE PRODUCTS



The Arabian peninsula oil-producing nations of the Gulf Cooperation Council (GCC) have long been considered a lucrative consumer market for international brands. Many businesses flourish in the region and the beauty and personal care product industries are no exception.

According to Euromonitor International, the retail value of the GCC region’s beauty and personal care market was USD9.3 billion in 2016 – member countries are Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates (UAE).…

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