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Egypt’s buoyant dairy market is riding on the back of the country’s high population growth, but inflation and the depreciation of the currency is keeping this growth in sales in check and may depress earlier positive forecasts. The Egyptian dairy market’s value was forecast to be USD5.06 billion in 2023, with annual growth of 4.37%, according to figures from Germany-based statistical service Statista (1) released in Marh (2023).…

Russia’s bio-based oil sector looks set to benefit from the spoils of war, being poised to become the new global leader in the export of sunflower oil over the current agricultural year, overtaking past export leader Ukraine, which its military has invaded since last February, with 8,317 civilian deaths as of March 20 (2023).…

Turkey is the world’s largest Oriental tobacco leaf producer, but harvests have been impacted over the past two years by unusually hot summers and drought. Ranking 15th in tobacco production worldwide, according to the Izmir-based Aegean Tobacco Exporters’ Association (ATEA), the 2022 tobacco crop is expected to be like 2021.…

The paint markets of the Gulf region’s two largest economies, Saudi Arabia and the United Arab Emirates (UAE), have rebounded since the Covid-19 pandemic and are slated for growth, driven by major investments in real estate and infrastructure projects.

“Over the past 18 months, we have seen a flat and slightly declining paint markets in the region.…

Worldwide, coatings companies specialising in manufacturing road pavement surface coatings are experiencing tailwinds, as the public and private sectors increasingly grow aware that these coatings present affordable solutions to major environmental problems.

A South Korean pavement surface coating developed by Incheon-based start-up Jchi Global (1), that reduces the scattering of fine dust in the atmosphere – which the World Health Organisation (WHO) says causes 7 million deaths-a-year worldwide from cardiovascular diseases, respiratory diseases (asthma, COPD), and more.…

Sugar production and consumption are being targeted for spending in new national Common Agricultural Policy (CAP) plans approved by the European Commission as part of a new process to secure European Union (EU) food production funding. With EUR53 billion spent in 2022 alone, this is the EU’s largest spending programme.…

Dyeing and finishing capabilities in Africa’s largest textile producer, Egypt, are being undermined by government import and foreign currency restrictions, forcing manufacturers to use roundabout means to source raw materials, say industry critics. Sectoral development is also being impacted by the drop in investment in the wake of the Covid-19 pandemic and a downward slide in orders since the middle of this year (2022).…

A cost-of-living crisis in Tunisia, where annual inflation rose to 9.8% in November is pushing Tunisian academics to emigrate, with Saudi Arabian universities being a significant draw – offering better salaries and research opportunities.

The country has been suffering from political turmoil and related economic disruption since President Kais Saied dissolved parliament and started ruling by decree in July 2021.…

The tobacco industry is a global sector, with supply chains spanning the world. Muslim consumers – and there are 1.97 billion if them – are an important part of any tobacco major’s market portfolio, not to mention local Muslim companies. But a key challenge for tobacco companies targeting Muslim smokers, vapers and other consumers is religion – some Muslim scholars say tobacco is haram, and not in keeping with Islamic guidance, because of mental and physical impact on smokers.…

In recent years, Iranians have been driving growth in the Middle East’s cosmetics market, but worsening economic and political developments in Iran have restricted this growth. That has not deterred some personal care product companies, however, who continue to prosper in the country, whose market of 84 million people has significant potential.…