Search Results for: saudi arabia⊂mit=Search

BY KEITH NUTHALL
SAUDI Arabia will open its valuable oil sector to foreign suppliers, to join the World Trade Organisation (WTO). In a bilateral deal with the US, which will have to be matched for other WTO members, the Saudis, said the US Trade Representative (USTR), will allow US companies to compete against local energy service providers for “oil and gas exploration and development, pipeline transport of fuels, management consulting technical testing and analysis, and repair and maintenance of equipment, among others”.…

BY KEITH NUTHALL
CRITICS of European political institutions have sometimes been unkind about the Council of Europe, which has been accused of being a powerless talking shop. And although the Council lacks the power to fine and cajole member governments enjoyed by the European Union (EU) – from which it is completely independent – it has some important roles.…

BY PAUL COCHRANE
THE EGYPTIAN paint industry is in a state of flux after the sector was deregulated, with competition increasing both domestically and internationally, and long-term projections hampered by the government’s inability to decide on whether or not to cease subsidising turpentine supplies.…

BY ALAN OSBORN
STANDFIRST

AMERICA’S post 9/11 AML legislation does not only affect the formal banking sector, it controls other savings and investment institutions too, and in different ways. Alan Osborn reports.

MUTUAL FUNDS

ALTHOUGH there have been some complaints, by and large America’s mutual funds have accepted with reasonable grace the anti money laundering legislation brought in by the US government since the September 11 attacks.…

BY KEITH NUTHALL
AN USA-Saudi Arabia agreement, easing the oil-rich kingdom’s accession to the World Trade Organisation (WTO) will liberalise the international meat trade with Saudi buyers. Saudi Arabia is eliminating a ban on imported meat containing growth hormones, and will recognise USDA food safety certificates.…

Keith Nuthall
THE EUROPEAN Court of Justice has ruled that European Union (EU) institutions have the legal authority to freeze the funds of private individuals “in connection with the fight against international terrorism”, if such action is sanctioned by the UN Security Council.…

BY KEITH NUTHALL
BARRIERS preventing the insurance industry from penetrating one of the world’s last largely-untapped insurance markets are to be demolished, with Saudi Arabia agreeing to liberalise a strict regulatory system to gain World Trade Organisation (WTO) membership.

In a key deal with the US, Saudi Arabia has promised to sweep away restrictions hindering insurers from offering standard western-style services previously deemed un-Islamic under the country’s strict Wahabist Sunni Muslim system.…

BY KEITH NUTHALL
THE EUROPEAN Union is being pressed to fund France’s plan to establish a European Digital Library as a rival to US-based Internet search engines such as Google, which wants to scan 15 million books. A second meeting of the library’s advisory council also heard that Germany, Spain, Poland, Hungary and Italy have formally agreed to be involved in the project.…

BY KEITH NUTHALL
SAUDI Arabia is eliminating a ban on importing food products with less than half of their remaining official shelf life, via commitments made to join the WTO. In a key deal with the United States, the Saudis have promised to accept “internationally-recognised manufacturer-determined use-by dates, with the exception of certain perishable foods and baby foods”.…

BY KEITH NUTHALL
FRENCH scientists have pinpointed the area of the brain, which is particularly responsive to nicotine addiction, whilst identifying how the chemical hunts down receptors that are particularly susceptible to its effects. Experiments on mice at France’s Institut Pasteur have shown that nicotine dependence is linked to a specific molecule of brain receptors detecting and reacting to nicotine, which are located in the ‘ventral tegmental’ area of the brain.…