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German banking giant Deutsche Bank is to pay more than USD130 million in the USA for a string of bribes its “business development consultants (BDC)” paid out in Abu Dhabi, China, Italy and Saudi Arabia, in breach of America’s Foreign Corrupt Practices Act (FCPA).…

The Gulf kingdom of Bahrain is kicking off 2021 with the grand opening of its new airport passenger terminal, a 210,000 square metre (sqm) building that is four times the size of the existing facility. Following its official opening on January 28, the terminal will be capable of processing 130,000 air traffic movements a year, up from 95,500 in 2019, and will have a handling capacity of 4,700 bags an hour. …

The UK Serious Fraud Office (SFO) July 30 charged Airbus subsidiary, GPT Special Project Management Ltd, former managing director Jeffrey Cook, an alleged accomplice Terence Dorothy and GPT ex-financial officer John Mason, over corruption linked to Saudi defence contracts. The charges come some eight years after the SFO opened its investigation into Riyadh-based GPT in August 2012 for paying GBP14 million (USD18.37 million) in bribes to secure a GBP2 billion (USD2.62 billion) contract for high-level intranet and communications work for the Saudi National Guard.…

As Syria enters its 10th year of civil conflict, the economy is in tatters, foreign currency is in short supply, and sanctions have not only been renewed, the USA has introduced new secondary sanctions. Illicit crime and sanctions busting abounds.

In May (2020), the USA issued further guidance on Syria, while the European Union (EU) extended its sanctions on Syria for a further year, to 1 June 2021.…

AS governments worldwide loosen lockdowns imposed to impede the spread of Covid-19, energy companies are assessing their health and safety policies to ensure workplaces are not new infection hotspots, protecting workers and hence production.

These changes come as energy industries downscale workloads to reflect a collapse in demand for their output.…

Malawi’s higher education sector will not be open for business as usual this week (from July 13), despite earlier government recommendations that the country’s Covid-19 lockdown (in place since March 23) be lifted. This is because the country is facing spiralling infection rate and death rates from the coronavirus.…

Only a handful of countries in the Middle East and Africa have dedicated whistleblowing laws – South Africa, Mozambique, Zambia, Uganda, Ghana, Liberia, Algeria, Morocco, and the Israel-occupied Palestinian territories, according to Blueprint for Free Speech, a charity promoting freedom of expression (https://www.blueprintforfreespeech.net/).…

AFRICA is commonly hailed as the world’s next big focus of economic growth, but for the civil aviation industry, this prospect will require significant investment in new intra-African routes and related airport and ATC infrastructure. It will also require governments to remove immigration barriers preventing African air travellers flying to other countries on their home continent.…

In a market long dominated by well-established players, the success of ‘masstige’ beauty brands, which combine elements of mass and luxury products, is creating fierce competition in the Gulf Cooperation Council (GCC) region. Consumers in the United Arab Emirates (UAE), Saudi Arabia, Qatar, Kuwait, Bahrain and Oman looking for skincare and cosmetics are increasingly shopping from South Korean brands such as Etude House, which opened a branch in Dubai Mall in 2018 and is known for its quirky kitsch products, and The Face Shop, which arrived in Dubai in 2008 and recently renovated its four concept stores in the city.…

NORTH Africa is a region where care for appearance, grooming and personal hygiene is integral to its cultural DNA, so while personal care product majors have a strong presence, it is maybe no surprise that local beauty manufacturers continue to bubble up with fresh ideas and products that capture the imagination of consumers.…