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With multilateral sanctions against Iran being eased as a result of its agreement over limiting its nuclear industry ambitions, the country is slated to invest up to USD10 billion on its airports, expecting a surge in tourists and passenger traffic. But while projects are being announced, no tenders have yet been inked, reflecting its government and potential bidders need for greater clarity in remaining sanctions regime.…

US prosecutors have secured their first conviction in a case involving widespread corruption at the United Nations. Last Thursday (January 14), Heidi Hong Piao, a Chinese-American national pleaded guilty to two counts of conspiracy, money laundering, bribery and failure to disclose foreign bank accounts to tax authorities.…

This winter has been a bleak one for lawyers and rights activists in China as the country’s government cracks down yet further on advocates of free speech and political rights. Lawyers around the world will be dismayed by a UN Committee against Torture report which has claimed 200 lawyers had been detained between July and November in China.…

Five years since the start of the Arab uprisings in 2011, instability is still impacting cosmetics sales in the Levant and north Africa. Last year saw a slight improvement on overall sales in 2014, the year the Islamic State spread through northern Iraq and Syria, but figures are down on 2013, and the growth projected in 2010, according to figures from market researcher Euromonitor International and estimates from cosmetics companies.…

The beauty and personal care (BPC) market in Italy ended 2015 on a positive note, recording marginal growth in market sales, production and exports, according to a December 2015 report ‘Trends and Investments in the Cosmetics Sector’, released by the national cosmetics trade association, Associazione Italiana delle Imprese Cosmetiche (Cosmetica Italia).…

THE JORDANIAN and Lebanese confectionery markets are both in a state of flux due to the conflict in neighbouring Syria, now into its fifth year. Local production has faced major competition from Syrian entrants fleeing the chaos of their home country, particularly in Jordan; while in Lebanon imports of parallel goods have soared over the past few years.…

The professional coaching sector is booming in the Middle East. Over the past decade the region has become increasingly interconnected in the global business system, and accordingly adopted international standards. This has driven the need for professional coaching and training. But with coaching modelled on US and European norms, there is a need for greater localisation, while more coaching accreditation is needed to develop further confidence in the fledgling sector.…

THE DEVELOPMENT of fibre plant and tree plantations to solidify backward linkages for textile fibre within Indonesia is under consideration as the south-east Asian country seeks to diversify its fibre, yarn and textile production.

Of key importance is how textile producer the Sritex Group, which last year announced it would be building a USD250 million rayon factory in Java, to lower its dependence on imports of its key fibre.…

Thanks to the introduction of a tax incentive scheme launched by the government of Trinidad & Tobago, auto converters and dealers in the country are increasingly talking up Compressed Natural Gas (CNG) as a clean auto fuel for vehicles on the twin island Caribbean state.…

A new laboratory will help a joint research partnership between the United States and the European Union (EU) aiming to harmonize technology and standards supporting electrified transport on both sides of the Atlantic by the time plug-in vehicles enter the mainstream.…