Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGION Israel said that any ships damaged by the current conflict will be fully compensated by the government. There has been no reported damage of any vessel from missiles/rockets. Shipping lines have been advised to hold vessels further offshore while waiting for the berth to be discharged. UAE’s President has been asked by Ukraine’s President to participate in the Grain from Ukraine program supplying grains to countries in need. Egypt has seen the U.S. dollar in the black market jump by 50 percent since the beginning of the Israel/Gaza situation. Many of the country’s imports, including grains, are financed through the black market due to the...
From WPI Consulting
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.