Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGION The end of Ramadan means that the Middle East and North Africa will be on holiday from 30 April until about 5 May with some variation in dates depending on the country. Egypt will be closed for Eid El Fitr, following the end of Ramadan, from 30 April-5 May. Egypt also closed 25 April for the annual Sham el-Nessim spring holiday – Sham el-Nessim means “smell the breeze” in English and the holiday dates back close to 5,000 years. Egypt’s Ministry of Supply says that wheat cannot be transported between governates without a permit - this is an effort to restrict profiteering on the local wheat crop. The Ministry has also said that...
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.