Business

Industry of Yemen

Mineral resources in the Yemen have not been accurately assessed or fully exploited, but are thought to be large. Copper deposits were found near Ta'izz in 1969 and oil was discovered in 1972. It is known that further rich mineral deposits exist, chiefly of zinc, iron, lead, gold, silver, copper, sulphur and nickel. In times gone by, iron

Yemen Business: Exports & Imports

The Yemen's main exports during the 1980s were coffee, hides and skins, salt and foodstuffs. Main imports were consumer goods, machinery, chemicals, iron and steel. The country was heavily dependent on financial aid from abroad.

Agriculture in UAE

Lying in the heart of the world's arid zone, the UAE has little rainfall and one would expect it to be a barren place. Barren places there certainly are, but the process of desertification has very largely been arrested in the country. It is now possible to see forests, fields of grass and wheat where once there were only desert sands and winds.

United Arab Emirates (UAE) Business: The Oil Industry

First exported in 1962, petroleum dominates the economy of the UAE. At one time an underdeveloped area, by 1985 the region had the highest per capita income in the world -- $19,120. The immense wealth has been invested in capital improvements and social services in all seven of the emirates. Petroleum production is centred in Abu Dhabi and Dubai

Tunisia Business: Tourism

Tunisia's beaches and historical sites attract an ever-growing number of tourists to the country each year. The number of tourists has risen from 56,000 in 1961 to 3.7 million in 1993. There has been considerable local and foreign investment in new hotels and resorts. Efforts to increase tourist amenities, particularly in the coastal cities,

Tunisia Business: Fishing & Timber

This provides about 6% of the country's food supply with an annual catch of 95,000 tonnes. The catch includes sardines, pilchards, tuna and whitefish, although tuna fishing is declining as the numbers of fish in the Mediterranean diminishes. Sponge gathering is important in the coastal ports, and the oak forests of the north provide timber and

Agriculture in Tunisia

Agriculture is the basis of the economy and employs 23% of the labour force. The chief crops are cereals, citrus fruit, tomatoes, melons, olives, dates (pictured), and grapes. Olive oil is an important export, though it gets competition from Spanish and Italian olive oil in the European market. Land use rate Deforestation: 0.5 % annual Irrigated

Industry in Tunisia

Tunisia exports some 7 million tonnes per annum of phosphates from the Gafsa region. The principal mines are at Mt. Mdilla, Redeyef, Metlaoui, and Phillipe Thomas. Phosphate, phosphoric acid and fertilizer make up 8% of exports. The phosphate industry is developing slowly with plans to produce superphosphates and sulphuric acid in the future.

Currency in Tunisia

The unit of currency is the dinar, TD1 = 1,000 millimes. Currency rates are fixed by the Central Bank of Tunisia. Notes in circulation are 5,10 and 20 dinars, and coins in circulation are 5, 10, 20, 50 and 100 millimes. Tunisian dinars can only be obtained in Tunisia. There is no foreign currency import restriction, but visitors wishing to take

Agriculture in Syria

Due to unfavourable growing conditions over much of Syria, only about 30% of the land is cultivated. Much of the tilled land needs to be irrigated, even in regions which receive large amounts of rainfall, because most of the rain falls during the winter, rather than in the growing season. Soil exhaustion, due to over-use and insufficient use of

Industry in Syria

It was in the 1960's that Syrian manufacturing industries began to grow significantly. The government encouraged industrialization by raising tariffs on imported consumer goods and providing tax exemptions and credit for domestic industries. Governmental involvement in the economic sector was greatly expanded during federation between Syria and

Somalia Business: Foreign Trade

In the late 1980s Somalia's exports totaled about US$60 million annually, and imports about US$247.8 million. The chief exports were livestock and banana. Other exports included meat, fish, leather, and wood. The principal imports were foodstuffs, chemicals, machinery, textiles, and petroleum. Somalia's major trading partners are Italy, Ethiopia

Somalia Business: Currency and Banking

The unit of currency is the Somali shilling, consisting of 100 centesimi, issued by the Central Bank of Somalia (1960). Somalia is a member of the Islamic Development Bank and the African Development Bank. The 1995 exchange rate was 2,615 shillings equal to US$1. The Bakiga Dhexe ee Soomaliya (Central Bank) is the issuing bank. The Somali

Somalia Business: Oil and Mining

Although traces of natural gas and petroleum have been found, no commercial exploitation has been carried out. Even the deposits of some radioactive ores and minerals such as iron, manganese and gypsum, although known to exist, are not extensive enough to be commercially viable.

Somalia Business: Manufacturing

At the onset of civil war, manufacturing in Somalia was in the early stages of development. A cement factory, a cotton gin, a meat and fish cannery, and a textile plant had been established. Other industries included oilseed and fruit processing plants, leather and shoe factories, and petroleum and sugar refineries. All suffered heavy losses