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10 results out of 928 results found for 'saudi arabia⊂mit=Search'.
EUROPE’S NONWOVENS SECTOR THRIVES AS CONTINENT’S ECONOMY STAGNATES
THE EUROPEAN nonwovens industry has been pushing ahead, maintaining consistent growth above increases in GDP for the whole economy, increasing its international collaboration, and the successfully exploring new markets. And while it is rarely prudent to make anything more than short-term predictions about cost and tariff problems, such difficulties faced by the European nonwovens sector seem have been pushed into the background. …
PAKISTAN LAUNCHES COUNTRY LARGEST MEAT PROCESSING, EXPORTING UNIT NEAR KARACHI'S PORT QASIM
Pakistan’s largest multi-industry conglomerate, the Fauji Group, has launched the country’s biggest and state-of-the-art halal abattoir and meat processing and exporting unit near Port Qasim, Karachi. The Fauji Meat Ltd (FML) subsidiary-run facility, which has been fully operational since April (2016), has a daily production capacity of 100 tonnes of meat (85 tonnes of beef and 15 tonnes of mutton, according to a company note) in both frozen and chilled categories per day for worldwide export, and cost an estimated USD75 million to build.…
MOAZAM A. SHAH - AWARD WINNING CFO WITH GLOBAL EXPERIENCE ALWAYS SEEKS NEW CHALLENGES
It gets exceedingly hot in Riyadh in the summer, with the mercury rarely below 40 degrees Celsius, but that does not deter Moazam Shah from going for his evening run around the residential compound he lives in with his family.
After six years in the Kingdom of Saudi Arabia, Pakistani national Shah has acclimatised to exercising in extreme heat: “It’s a time for myself, to catch up on my thoughts,” he told Accounting & Business at the Ritz-Carlton Hotel in Manama, Bahrain.…
SAUDI ARABIA GOES TO THE MARKETS AS GOVERNMENT FACES BUDGET CRUNCH
Saudi Arabia has approached international financial markets for the first time since 1991 to raise funds due to a burgeoning government deficit in the wake of lower oil prices. The April move was followed by the launch from Deputy Crown Prince Mohammed bin Salman of a ‘Vision 2030’ programme to diversify the kingdom’s economy from hydrocarbons, possibly as soon as 2020.…
SMUGGLING OF COUNTERFEIT COSMETICS IN AND OUT OF CHINA CONTINUES TO BOOM
Seizures of contraband cosmetics have become an increasingly common sight on local TV in China. A recent case in point (this March – 2016) saw 1,488 boxes of South Korean cosmetics seized from a forty-foot container in the east coast port city of Qinhuangdao, about 300km east of Beijing.…
EGYPT DAIRY GROWS WITH BOOMING POPULATION, WITH PACKAGED SALES EXPANDING
Demand for milk is outstripping domestic supply in Egypt, the most populous market in the Middle East and North Africa. The sector has been growing at more than 10% a year as Egypt – whose population is at least 82 million – consume more dairy products, especially milk and yoghurt.…
OPTIMISM RISES OVER SOLAR THERMAL ENERGY
The recent start of commercial operations at concentrating solar power (CSP) plants in Africa illustrates the potential for utility-scale CSP to capture an increasing share in the world’s power generation mix.
These plants include the 160 megawatt (MW) Noor 1 in southern Morocco, the foundation of what may become the world’s largest CSP generation site, and the 50MW Khi Solar One in South Africa.…
NEW ZEALAND BUTTER SALES GROW, BUT DRIVEN BY QUALITY, NOT TRADE DEALS
New Zealand’s butter producers may be a global force in this key dairy segment, but they have regarded the groundbreaking Trans-Pacific Partnership (TPP) agreement with scepticism. Negotiations for the TPP produced a deal last October (2015), and although New Zealand dairy giant Fonterra and the DairyNZ producers association declared they had secured increased access to some key markets – Japan, Canada and the United States all increased butter quotas to varying degrees – there was general agreement that the gains had been modest.…
ITALY TAKES LEAD IN SUSTAINABLE FASHION, RELEASING FABRIC TOXICITY GUIDANCE
ITALY’S textile, finishing and clothing sectors have been given detailed guidance on reducing the toxicity of its manufacturing processes, with advice being released by the Camera Nazionale della Moda Italiana (the National Chamber for Italian Fashion), following wide industry consultation.…
ASIA-INSPIRED COMPACTS PACKAGING GROWS IN POPULARITY WORLDWIDE
With the desire for packaging beauty being an integral part of north-east Asian consumer culture, it is perhaps no surprise that Japanese and South Korean cosmetics companies have led the way with compacts – whose popularity is spreading worldwide.
The ultimate combination of utility and design, when Japanese cosmetics companies start developing a new compact product, its packaging needs to meet two basic requirements: it has to delight the user with the way it looks, and it must be easy and convenient to use.…