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Khaleej Times
19 minutes ago
- Khaleej Times
UAE ambassador to Pakistan Hamad Alzaabi concludes tenure
Hamad Obaid Alzaabi has concluded his tenure as the UAE Ambassador to Pakistan. To mark the occasion, Pakistan's President Asif Ali Zardari met with the outgoing ambassador in Islamabad, extending his best wishes for Alzaabi's future endeavors. 'Asif Ali Zardari, President of the Islamic Republic of Pakistan, received Hamad Obaid Alzaabi, Ambassador of the United Arab Emirates in Islamabad, at Aiwan-e-Sadr to bid him farewell at the conclusion of his tenure in Pakistan, and extended best wishes for his future endeavors,' the UAE Embassy in Islamabad said in a post on X. The embassy also shared a photo of the two dignitaries during the farewell meeting. Take a look: H.E. Asif Ali Zardari, President of the Islamic Republic of Pakistan, received H.E. Hamad Obaid Alzaabi, Ambassador of the United Arab Emirates in Islamabad, at Aiwan-e-Sadr to bid him farewell at the conclusion of his tenure in Pakistan, and extended best wishes for his futureâ�¦ — UAE Embassy PK (@uaeembassyisb) August 19, 2025 Ambassador Alzaabi officially assumed his post in Pakistan on September 19, 2017. He began his diplomatic career in 2004 as an Attaché with the UAE's Diplomatic and Consular Corps and later served at the UAE Permanent Mission to the United Nations in New York. During his tenure in Pakistan, bilateral relations between the two nations significantly deepened across various sectors, including economic, cultural, social, diplomatic, and political domains. According to the UAE Ministry of Foreign Affairs, 'The UAE is one of the largest investors in Pakistan, and bilateral trade has been steadily growing over the years, with people-to-people ties also continuously strengthening.'


Zawya
4 hours ago
- Zawya
Trump's tariffs are leaving Black beauty businesses in peril
Earlier this summer, Dajiah Blackshear-Calloway, 34, started to notice that her regular clients weren't visiting her hair salon as often as they used to. The salon, in Smyrna, Georgia, houses two stylists and offers dozens of services that range from $50 natural hairstyles to $745 tape-in weave extensions. Her most popular services are $254 sew-ins, where human hair extensions are woven into braids, and $125 quick weaves, where human or synthetic hair is styled and then glued to a stocking cap. But the prices of hair extensions and hair glues used to create wigs and weaves have gone up exponentially after U.S. President Donald Trump imposed a series of different tariffs on China and Vietnam, where the majority of Black beauty products are made. The price of a package of hair imported from Vietnam has gone up to $290 from $190 since May. A bottle of hair glue, imported from China, has gone up from $8 a bottle to $14.99 at her local beauty supply store. 'We're being impacted at every level,' Blackshear-Calloway said. 'I'm either having to eat that cost or pass that expense along to my clients, which affects their budgets and their pockets as well.' To avoid passing on rising costs, Blackshear-Calloway is asking her clients to bring their own hair to their appointments. Now her salon is offering a quick weave service without hair for $140, but with hair the price is $400, according to her booking website. She's also struggling to get products since her wholesaler is delaying shipments as tariff rates fluctuate. Kadidja Dosso, 30, owner of Dosso Beauty, which sells hypoallergenic braiding hair, as well as The Dosso Hair Salon in Philadelphia, has also faced delayed shipments on imports from China. She waited over a month to get $50,000 worth of China-made braiding hair via air freight at John F. Kennedy Airport in June, when U.S. President Donald Trump announced 145% tariffs on the country over confusion over what tariff should apply. "We have to provide more specifics of the products - exact materials, the product use - for it to clear customs," Dosso said. "Part of the issue was that the same language that we've been using for years wasn't descriptive enough." She wants to avoid raising prices on her $13 packets of hair which customers typically buy at least five at a time to complete one hairstyle. HIGHER COSTS Tariffs are disproportionately impacting Black business owners like Blackshear-Calloway and Dosso, said Andre Perry, senior fellow at the Brookings Institution. 'Many Black entrepreneurs started off with less wealth,' Perry said. He said that the wealth gap puts Black entrepreneurs, especially those in low-margin businesses like consumer goods or hair care services, into precarious financial positions as tariffs eat into their bottom lines. Sina Golara, an assistant professor of supply chain and operations management at Georgia State University, said rising costs due to tariffs are "like a tax that you're imposing on business." 'In some cases, it could be borne by the foreign manufacturer, but in most cases, it will also have quite a substantial impact on the domestic buyers and consumers," Golara said. Diann Valentine, 55, founder of Slayyy Hair, first felt the impact of tariffs shortly after the initial 145% tariff was imposed on China and she faced a $300,000 bill to get 26,000 units of braiding hair out of the Los Angeles port in May. "To lose that kind of money at this stage has been devastating," Valentine said. Since then she has raised the price of her braiding hair and drawstring ponytail extensions by 20%. She also laid off four employees and is working 16-hour days to compensate in her two Glow+Flow beauty supply stores in Inglewood and Hawthorne, California. Slayyy Hair supplies $8.49 nontoxic braiding hair and $35.99 synthetic drawstring ponytails to TJ Maxx and Marshalls, which have resisted renegotiating prices or delivery deadlines to compensate. "So essentially, we paid more for our ponytails than TJ Maxx and Marshalls paid for them," Valentine said. She is also trying to renegotiate price increases with Target, where she sells in at least 70 stores in California, Nevada and Colorado, she said. TJ Maxx and Marshalls declined a Reuters request for comment. Fifty percent of the merchandise comes from China, Valentine said, and prices for synthetic wigs, human-hair weaves, plastic hair rollers, rubber bands, combs and brushes that stock her shelves are trending up at her beauty supply locations. "I thought maybe we would see an increase in foot traffic because there would be more DIY hairstyles - more women doing their hair at home," she said. "But for right now, we've only seen decreased foot traffic and also a decrease in frequency of visits from our existing customers." STRUGGLING SALONS While beauty product sales are typically resilient during economic downturns, beauty services are seen as discretionary, said Marley Brocker, senior analyst at market research firm IBISWorld. "Tariffs on those imports are going to directly lead to higher costs for those service providers, whether they're buying directly from overseas manufacturers or buying from wholesalers within the U.S.," she said. Black U.S. consumers spent approximately $2.29 billion on hair care products in 2022, according to a NielsenIQ study from that year. But higher prices are causing some Black women to visit the salon less frequently. Deiara Frye, 27, of Raleigh, North Carolina, usually schedules hair appointments at least five times a year, but so far this year she's only gone once. "Due to the cost of everything rising over the years, I tend to get braids a little more often now than sew-ins, or try to maintain my natural hair," she said. She's also seeing prices for her natural hair products like Unilever's Shea Moisture and Procter & Gamble's Pantene go up. Fewer visits are impacting salons and beauty supply stores. Until earlier this year, Dionne Maxwell was selling wigs, braiding hair, shampoos and conditioners out of her mini beauty supply store in Dallas, Georgia, located 33 miles outside of Atlanta, but she shut it down after she started losing foot traffic in May and moved operations into her home. Now she's relying on orders placed through Uber Eats, TikTok Shop and to sustain her business, but even those sales have slowed significantly, she said. 'We don't have the money for advertising, because enough revenue is not coming in to advertise with," Maxwell said. Tariffs have raised Maxwell's wholesale price for China-made braiding hair by 50 cents per pack, she said, and she is now required to buy more hair in her wholesale orders. She said she's struggled to negotiate better prices with her hair wholesalers, who are requiring her to order more units of merchandise at higher costs. Her wholesaler is asking her to purchase 110 packs of hair per order, when she was previously able to buy 30 packs at a time, she said. 'For the past two months, we have been basically paying our bills out of pocket because we really have had nothing coming in,' Maxwell said. (Reporting by Arriana McLymore in New York City, Jayla Whitfield-Anderson in Smyrna, Georgia and Julio-Cesar Chavez in Philadelphia; Editing by Lisa Jucca, Kat Stafford and Michael Learmonth)


Zawya
5 hours ago
- Zawya
Chinese refiners sweep up Russian oil after Indian demand falls, analysts say
Chinese refineries have purchased 15 cargoes of Russian oil for October and November delivery as Indian demand for Moscow's exports falls away, two analysts and one trader said on Tuesday. India has emerged as the leading buyer of Russian seaborne oil, which has sold at a discount since some Western nations shunned purchases and imposed restrictions on Russian exports over Moscow's 2022 invasion of Ukraine. Indian state refiners paused Russian oil purchases last month, however, as those discounts narrowed. And U.S. President Donald Trump is also threatening to punish countries for buying Russian crude. China had secured 15 Russian Urals cargoes for October–November delivery by the end of last week, said Richard Jones, a Singapore-based crude analyst at Energy Aspects. Each Urals cargo ranges in size from 700,000 to 1 million barrels. Kpler senior analyst Xu Muyu wrote in an August 14 report that China has likely purchased about 13 cargoes of Urals and Varandey crude for October delivery, along with at least two Urals cargoes for November. The additional Russian Urals supply could curb Chinese refiners' appetite for Middle Eastern crude, which is $2 to $3 per barrel more expensive, Xu said. This, in turn, could add further pressure to the Dubai market which is already losing momentum as seasonal demand fades while competition from arbitrage supply intensifies, she added. A trade source agreed with Kpler's estimate, adding that the cargoes were booked mostly at the beginning of this month by Chinese state-owned and independent refineries. China, the world's top oil importer and largest Russian oil buyer, primarily buys ESPO crude exported from the Russian Far East port of Kozmino due to its proximity. Its year-to-date imports of Urals crude stood at 50,000 barrels per day, Kpler data showed. Urals and Varandey crude are typically shipped to India, Kpler data showed. Indian state-refiners have backed out Russian crude imports by approximately 600,000 to 700,000 bpd, according to Energy Aspects' Jones. "We do not expect China to absorb all of the additional Russian volumes, as Urals is not a baseload grade for Chinese majors," he said, referring to Chinese state refineries which are not designed to solely process the Russian grade. Chinese refiners will also be wary about the possibility of U.S. secondary sanctions if Trump's push for a Ukraine peace deal breaks down, he added. Trump said on Friday he did not immediately need to consider retaliatory tariffs on countries such as China for buying Russian oil but might have to "in two or three weeks". (Reporting by Siyi Liu in Singapore; Editing by Florence Tan and Joe Bavier)