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10 results out of 928 results found for 'saudi arabia⊂mit=Search'.
BRAZIL LOSES COMMANDING POSITION IN GLOBAL TOBACCO LEAF MARKETS OVER PAST 10 YEARS, WTO DATA SHOWS
THE IMPORTANCE of Brazil as the world’s top supplier of internationally-traded tobacco leaf and manufactured products has been waning for the past decade, with India, notably, improving its position. New statistical analysis released by the World Trade Organisation (WTO) shows that this market share fall for Brazil also represented a decline in volume sales, given the global trade in tobacco leaf and products has shrunk since 2013 – until 2016, the year for which the latest data is available.…
JORDAN CABINET APPROVES IRAQ PIPELINE PROJECT IN PRINCIPLE
THE JORDANIAN cabinet has approved in principle a deal between Jordan’s ministry of energy and mineral resources and Iraq’s oil ministry to build an oil and gas pipeline linking the main southern Iraq oilfields near Basra and Jordan’s port, Aqaba. The Jordanian ministry has said that the 1,680km pipeline could daily pump one million barrels of oil daily and 258 million cubic feet of gas to Jordan.…
SAUDI ARABIA’S PUSHES FORWARD WITH NUCLEAR POWER PLANS
Saudi Arabia is pushing ahead with ambitious plans to build 16 nuclear reactors, both small and large, to generate 17GWe by 2040. While no tenders have yet been awarded, the kingdom is working with numerous international partners to develop its nuclear infrastructure and safety systems.…
MID EAST AIR CARGO CLOTHING EXPORTERS GRAPPLING WITH NEW USA SECURITY CHECKS
EXPORTERS of air cargo, including clothing and textiles, from five Middle Eastern countries to the United States are in the process of gearing up to comply with mandatory enhanced screening imposed by the U.S. Transportation Security Administration (TSA). The order, disseminated on January 22, requires six air carriers flying from Egypt, Jordan, Saudi Arabia, Qatar and the United Arab Emirates (UAE) to participate in the TSA’s heretofore voluntary Air Cargo Advance Screening (ACAS) programme.…
INDIA’S RISE TO BECOME TOP BOVINE MEAT EXPORTER KEY FEATURE OF NEW WTO EXPORT SALES DATA
MAJOR shifts in the power of exporting countries within the meat and livestock sector in the past decade have been identified in new statistical analysis released by the World Trade Organisation (WTO). The global body has noted how India between 2006 and 2016 became a bovine meat export power house (notably in buffalo meat) with overseas sales rising from 79,400 tonnes (1.9% of world exports) to 1.2 million tonnes (18.7%) and the world’s largest exporter to boot.…
NEW TAX A DAMPENER ON MIDDLE EAST PERSONAL CARE PRODUCT SALES
CONSUMERS do not like sales tax, and they are particularly sensitive to tax-based price increases when new taxes are introduced. So, it is maybe no surprise that personal care product sales in the Middle East have been dampened by the introduction of value added tax (VAT) in both Saudi Arabia and the United Arab Emirates (UAE) in January 2018, inflating beauty product prices.…
ONLINE SALES WEAKEN BIG BRANDS - BUT INDIE SCRAPPERS WILL HAVE TO FIGHT TO RETAIN CONSUMER LOYALTY
ONLINE-savvy cosmetics consumers are becoming more adventurous – gone are the days that they would only trust the quality of traditional brands bought sight unseen on the web. Instead, consumers are investigating product ingredients carefully, as well as online reviews, and armed with such information, are often choosing to buy emerging, smaller brands over those established, known ones.…
INTERNATIONAL REGULATORY ROUND UP – EU SUGAR EXPORTS BOOM AFTER PRODUCTION QUOTAS FALL AWAY
BEET and cane sugar exports from the European Union (EU) boomed in 2017, the year production quotas were scrapped (on September 30), according to figures released by the European Commission. They rose by 42.9% year-on-year, up from EUR631 million in 2016 to EUR902 million in 2017.…
GULF COATINGS MARKET STILL WITNESSING STAGNANT GROWTH, BUT PLANNED MAJOR EVENTS MAY PERK UP SALES
THE GULF paint and coatings market has had another year of stagnant growth, with sales impacted by stalled infrastructure projects, government policies and regional turbulence. Sales in 2017 were further impacted by the economic siege of Qatar, now into its seventh month, by its Gulf Cooperation Council (GCC) neighbours Saudi Arabia, the United Arab Emirates (UAE), and Bahrain.…
NONWOVENS DEMAND GROWS ACROSS AFRICA AND MIDDLE EAST, BUT OVER AND UNDER-PRODUCTION PROBLEMS PERSIST
THE NONWOVENS market in the Middle East and Africa (MEA) is increasingly important to the global nonwovens industry, with rising consumer demand being generated by middle classes that are growing in size. Countries in the region are also comparatively young, with high birth rates, boosting demand for diapers and wipes.…