Search Results for: saudi arabia⊂mit=Search

BY PAUL COCHRANE, in Beirut
The cosmetics and personal care market in the UAE was worth more than US$414 million in retail sales last year, according to market data group Euromonitor. Demand is being driven in the UAE by an estimated 6.2 million tourists a year, a 23.5% rise in GDP in nominal terms in 2006, and by radical changes in the UAE’s population- from 2.4 million in 1995 to 4.3 million this year.…

BY PAUL COCHRANE, in Beirut
Bahrain has a population of less than 800,000 and is not a major market for the international players, but with a growing economy sales are consistent and should increase as the retail environment develops. No soaps or cosmetics are made in Bahrain, imported from plants in neighbouring Saudi Arabia and the UAE, as well as from Asia, Europe and North America.…

BY PAUL COCHRANE, in Beirut
Saudi Arabia is the Middle East’s largest economy and, as a result, the biggest market for cosmetics, toiletries and perfumes, estimated at US$1.2 billion last year, according to the Saudi-American Business Council. With the birth rate at 3% growth a year, one of the highest in the world, and the population doubling every 25 years, companies expect significant growth in the near future as this young population ages.…

BY PAUL COCHRANE, in Beirut
SALES of cosmetics, perfumes and toiletries are surging in the Middle East, with sales reaching US$2.1 billion last year according to official statistics.

German cosmetics and toiletries manufacturing giant Beiersdorf estimated regional growth at 10% percent last year.…

BY MARK ROWE, in London
NANOTECHNOLOGY has a range of significant implications for power generation, a series of leading UK and world experts have told a high-level conference at Britain’s Royal Society. From solar cells to battery storage and fuel cells, nanotechnology will change the way we produce energy, with some impacts already beginning to be rolled out and others expected to become mainstream and commercially viable within 10 years.…

BY KEITH NUTHALL
THE POWER generation industry has always been a globalised business, especially regarding the manufacture of equipment, but with the opening of national electricity markets, especially in Europe, it has become increasingly international. As a result, the need for common standards and practices, relevant to the industry, its suppliers and its customers is becoming more and more important.…

BY KEITH NUTHALL
THE NUCLEAR energy industry has always been a global business, and since the fall of communism, it has become more, not less international. As a result, the need for common standards and practices, relevant to the industry, its suppliers and its customers is becoming increasingly important.…

BY PAUL COCHRANE, in Dubai
CURBING the counterfeiting and smuggling of established companies’ goods has become a pressing concern for international businesses wanting to protect their brands in the growing economies of the Middle East.

Although certain sectors are suffering more than others, the issue has been deemed serious enough for leading multinationals to team together last year to create a Brand Owners’ Protection Group (BPG) in the Middle East to tackle the region’s part in generating the US$500 billion global counterfeit trade.…

BY PAUL COCHRANE, in Dubai and Manama, Bahrain
THE CAR market in the Arab Gulf, particularly in the United Arab Emirates (UAE), is experiencing stellar growth across the board, fuelled by a surge in population and strong economic growth.

In the last five years, the UAE market has grown by over 300% to reach 2.5 million cars on the road, said Guy Edmunds, General Manager of Honda.…

BY ALAN OSBORN, in London
YOU think the European Union (EU) is like the US – one big uniform market where prices are roughly the same wherever you buy? It is after all, legally and officially named the ‘Single European Market’.…