Mediterranean/Middle East/North Africa/Africa – MEA Region The Muslim month of Ramadan is expected to end around 19 March with the beginning of the Eid-al-Fitr holiday — the Eid holiday lasts up to five days depending on the country. Businesses, banks, and government offices will be closed during Eid. Egypt has announced public holidays for private and public sector employees from March 19 to 23. Iran has seen grain shipments from Russia on the Caspian Sea begin again after a halt due to the U.S./Israel bombing. Most vessels used are in the 3,000- to 6,000-MT range. Kazakhstan has stopped Caspian Sea barley shipments to Iran due to the war situation. Iran is reported to have cancelled South American soymeal purchases 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.