Search Results for: saudi arabia⊂mit=Search
10 results out of 928 results found for 'saudi arabia⊂mit=Search'.
AI SYSTEMS OFFER ASIAN RECRUITERS AN EDGE OVER MANUEL SCREENING OF APPLICATIONS
ARTIFICIAL intelligence (AI)-led candidate screening or simply put, automated recruitment is ready to take off in east and south-east Asia. However, a key challenge in the process is making automated interactions valuable and engaging enough for candidates – so that “they don’t feel like they are talking to a dumb machine,” an industry expert said.…
BANKS WARY OF IRAN BUSINESS DESPITE UN AGREEMENT TO REINTEGRATE THE COUNTRY INTO INTERNATIONAL FINANCIAL SYSTEM
SINCE the 2015 nuclear agreement between Iran and the USA, the UK, Russia, France, China, Germany and the European Union (EU), foreign financial institutions have – in theory – been allowed to do business with Iran. But the reality – as ever with relations with Iran – is proving to be a good deal more complex.…
YEAR OF SCANDALS MIGHT LEAD TO MORE STRINGENT LAW ENFORCEMENT
AUSTRALIA may have been strengthening its anti-money laundering (AML) systems, but an admission last year (2017) by the country’s biggest bank, the Commonwealth Bank of Australia (CBA), about AML failures was a clear reminder that reforms are still needed. The Commonwealth Bank admitted that it had breached Australian AML laws 53,700 times.…
GROWTH IN FREE TRADE ZONES BOOSTS BLACK MARKET OF ALCOHOLIC DRINKS SAYS OECD
AN OFFICIAL from the Organisation for Economic Co-operation & Development (OECD) has told just-drinks that the growth in free trade zones (FTZ) is boosting the sale of counterfeit drinks.
OECD’s policy analyst Florence Mouradian said the drinks sector that was a target for illicit traders in FTZs.…
CHANGI LOSES JEDDAH AIRPORT CONTRACT, 10 MONTHS AFTER WINNING TENDER
A CONSORTIUM led by Singapore’s Changi Airports International (CAI) has lost a contract to operate and manage Saudi Arabia’s new King Abdulaziz International Airport (KAIA), in Jeddah, which, has been due to open in May (2018). Saudi Arabia’s General Authority of Civil Aviation (GACA) said it will launch a new international tendering process.…
NUMBER OF WOMEN ON MIDDLE EAST BOARDS STILL LOW, DESPITE ENCOURAGEMENT FROM SOME GOVERNMENTS
Most organisations in the Middle East today acknowledge the importance of gender diversity, yet the current number of females on boards does not reflect this, according to participants at a recent networking breakfast in Dubai, hosted by ACCA.
An important reason for this is the self-perception of women, who feel that they lack the experience to be a board member, according to research from Hawkamah, the Institute for Corporate Governance at the Dubai International Financial Centre (DIFC), whose CEO Dr Ashraf Gamal El Din addressed the meeting.…
EU WTO REGULATORY ROUND UP – BREXITED BRITAIN MAY HAVE FORMAL RELATIONSHIP WITH EFSA
THE UK may have a formal relationship with the European Food Safety Authority (EFSA) after its planned March 29, (2019) departure from the EU, Prime Minister Theresa May has signalled in a detailed policy speech. Speaking in the City of London, she said: “We will also want to explore with the EU, the terms on which the UK could remain part of EU agencies…” And while not naming EFSA, she said – in theory – she was prepared to allow the UK to be bound by the rules of EU agencies, post-Brexit. …
WAVE OF PROTECTIONISM WARPS COSMETICS TRADE IN NORTH AFRICA
PROTECTIONISM and currency problems are posing challenges for north Africa’s beauty and personal care market, often forcing consumers to change their purchasing behaviour and turn to locally manufactured products, when they are available.
In Egypt, the region’s most populous country, the fall in value of the local currency, the Egyptian pound, against the Euro, has helped increase the price of imported products.…
NUMBER OF WOMEN ON MIDDLE EAST BOARDS STILL LOW, DESPITE ENCOURAGEMENT FROM SOME GOVERNMENTS
Most organisations in the Middle East today acknowledge the importance of gender diversity, yet the current number of females on boards does not reflect this, according to participants at a recent networking breakfast in Dubai, hosted by ACCA.
An important reason for this is the self-perception of women, who feel that they lack the experience to be a board member, according to research from Hawkamah, the Institute for Corporate Governance at the Dubai International Financial Centre (DIFC), whose CEO Dr Ashraf Gamal El Din addressed the meeting.…
TURKISH "POWERHOUSE" NONWOVENS SECTOR TO EXPERIENCE FURTHER SIGNIFICANT GROWTH
TURKEY has become “a powerhouse” in the nonwovens sector and forecasts predict further growth of between 5-10% this year with “game changer” new products coming to market, according to industry insiders – but overcapacity is keeping margins tight, they warn.
Turkey is the largest nonwovens producer in the Middle East, and now the second largest in Europe, according to European nonwovens industry association EDANA.…