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Saudi Arabia’s efforts to liberalise its society and economy are positively affecting the local beauty market. Ever since the global plunge in oil prices that led to the shrinking of the state’s budget, the kingdom’s government has embarked upon major economic reform.…

With its mega shopping malls, opulent standards of living and investor-friendly climate, the United Arab Emirates (UAE) has always been a strategic market for international beauty brands. The small nation of 9.27 million was ranked as the seventh biggest consumer of beauty products in the world by research firm Euromonitor International, with a per capita spend of around USD239 in 2016.…

MAJOR multinational corporations holding large volumes of client data and those offering cloud computing services are facing the risk of increased demands that they share records with regulators and law enforcers. Countries are preparing to ease and expedite data sharing for criminal investigations with foreign law enforcement authorities, and this can affect emerging markets as much as developed economies.…

AIRPORTS Council International (ACI) is to launch in the New Year a pilot programme designed to boost environmental good practice in airport management. The organisation’s director general Angela Gittens told a seminar on green airports, at the International Civil Aviation Organisation (ICAO), in Montréal, Canada, that the roll out would begin at Mariscal Sucre International Airport, Quito, Ecuador.…

THE CHAIRMAN of Abu Dhabi Airports has said that the new terminal of Abu Dhabi International Airport (AUH) will open in the fourth quarter of 2019, well past the project’s original 2017 completion deadline. Awaidah Murshed Al Marrar said that 86% of construction work for the 742,000m2 Midfield Terminal Building (MTB) was now completed, “despite the challenges and difficulties…” At a meeting of project partners, he said the expansion would ensure that the United Arab Emirates (UAE) capital’s airport would make “its mark on the regional and international air transport map”, handling 45 million passengers-a-year by 2027.…

THE FEDERAL Aviation Administration (FAA) of the USA has released new Stage 5 Airplane Noise Standards that insist new designs for subsonic airplanes ensure these aircraft are at least 7 decibels (dBs) quieter than planes in existing fleets. After December 31 (2017), the FAA will only approve applications for airplanes of 121,254 pounds (55,000 kg) or more to be sold and operate in the USA if they comply with this standard.…

THE USA clothing industry, reliant on free trading, has not had much welcome from the populist policies of the administration of President Donald Trump and his Republican allies in the Congress. The sector has helped see off plans to impose a border adjustment tax (BAT), which would have crippled importers and is currently lobbying for a successful outcome to the decision to renegotiate the North American Free Trade Agreement (NAFTA).…

THE HOLD that ethical sourcing and sustainability has over the US fashion and apparel industries is not necessarily being cemented by customers, a major American clothing conference has heard – but by changing investor requirements.

Zeke Hart, director of sustainability services for accounting firm PwC, said at a presentation during the 29^th Annual Apparel Importers Trade and Transportation Conference, held in New York City, on November 15:

“You don’t want to rub it in the face of your consumers that they need to buy a more ethical pair of jeans.”…

Prospects for trade deals that have underpinned the growth in American clothing and textile imports and exports appear increasingly precarious as the administration of President Donald Trump passes the 300-day mark, participants at a clothing industry conference heard this week.

Concern is especially severe regarding the North American Free Trade Agreement (NAFTA), as indicated by ‘SaveNAFTA’ being the password to access a mobile app provided to attendees at the 29^th annual Apparel Importers Trade & Transportation Conference held by the American Import Shippers Association (AISA) and the United States Fashion Industry Association (USFIA) on November 15, in New York City.…

With its history of currency counterfeiting, drug trafficking, proliferation of weapons of mass destruction (WMD) and the laundering of related proceeds and payments, there is surely no state worldwide that has a worse money laundering track record than that of the Democratic People’s Republic of Korea (DPRK, North Korea).…