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In the Gulf, the harsh desert climate has always made agricultural production difficult, so fats in the form of animal lard or milk ‘ghee’, have traditionally dominated diets.
But population growth in the Gulf Cooperation Council (GCC) countries (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates – UAE), rising affluence, booming ex-patriot populations, and increasing diversity in imports, have driven increases in sales of higher end edible oils in the region.…

Ethiopia’s appointment of the Vitol Group, the Switzerland-based and Dutch-owned physical oil trading major, to supply Ethiopia with petroleum imports in 2015, marks a sea-change for this key sub-Saharan Africa market.
Vitol is replacing the Kuwaiti Independent Petroleum Group after it had supplied the Horn of Africa country with petroleum products for five years.…

MIDDLE Eastern national oil companies do not always spring most readily to mind when demand for enhanced oil recovery (EOR) is discussed. The most obvious example of a country ‘least likely to’ need EOR is Saudi Arabia, with its vast oil reserves and a history of being able to rely on natural lift to produce.…

The Egyptian energy sector is facing numerous challenges in the immediate and long-term, mirroring how the country is struggling to secure political stability. Insufficient power supply is resulting in sporadic power cuts in the major cities, driving up sales of private generators.…

TOILETRIES sales in the Arab Gulf countries remain robust, an oasis of economic and political stability in a turbulent Middle East. Elsewhere in the region, the ongoing conflicts in Syria and Iraq, and the rise of the Islamic State, has seen toiletries sales plummet.…

As they looks at the rewards of shale gas production seen over recent years in the US, European producers are edging closer to commercial shale gas production. However, it faces a wide range of challenges, and the debate within Europe over shale gas is intensifying.…

COMPREHENSIVE pro-diversity company policies are needed to encourage women in business, participants of the January 21 fourth Association of Chartered Certified Accountants (ACCA) Middle East ‘Women in Finance’ roundtable heard at the Al Murooj Rotana hotel in Dubai. The event was attended by more than 30 female financial executives.…

Iraq and Syria are major hot spots in the fight against terrorism financing. Numerous militant Islamist groups are in operation, most notably the Islamic State (IS), with revenues derived from multiple sources, including extortion, seizures of grain, sales of oil, private donations and charities.…

The Open University of Tanzania (OUT) is reaching out to higher education institutions in other neighbouring countries to establish collaborations that will encourage more foreign students to enroll for distance learning.
University vice chancellor Professor Tolly Mbwette said the institution’s board hoped to spread its influence regionally: “We are now the largest distance learning university in the region and our plan is to take distance learning to most countries in East Africa and those under the Southern African Development Community [SADC] by 2016.”…

The Middle East and North African nonwovens sector is in flux. At the same time as extra capacity has come online, regional demand has been affected by political instability, forcing manufacturers to focus on exports and diversify their offerings.

“It is showing clearly now that the Arab Spring and political consequences have definitely delayed investment decisions by potential customers.…