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Drake and Scull Saudi bags SAR2.4bn worth of contracts year to date

2011-12-06 13:09:01 (читать в оригинале)

Drake & Scull Saudi the MEP arm of Drake & Scull International (DSI) PJSC in the kingdom and a regional market leader in integrated design, engineering and the construction disciplines of Mechanical, Electrical and Plumbing (MEP), Civil Contracting and Water & Power signed today a SAR 352 million contract to execute a commercial development project in Riyadh which takes the total value of awarded projects in Saudi to SAR 2.4 billion year to date.

BMI: Middle East and Africa Telecommunications Insight (Dec-11)

2011-12-06 13:08:00 (читать в оригинале)

The Middle East and North Africa (MENA) region comprises a mix of well-established highly developed economies supported by stable political and cultural regimes, equally well-developed economies that nevertheless may be prone to civil and political unrest and emerging markets that are undergoing far-reaching changes at many levels. Consequently, the region hosts telecommunications markets that are at varying stages of technological development and maturity and, therefore the growth potential for value-added services (VAS) will vary according to the prevailing economic, social and cultural conditions. Nevertheless, there are clear signs that VAS are becoming increasingly important to consumers and businesses in all markets. BMI considers that the Middle East markets, in particular, have the potential to grow fastest and in diverse directions.Due to low service prices engendered by competition and the ability of even the most basic handsets to deliver text-based messaging services (SMS), users have become accustomed to accessing information, life tools and entertainment-based VAS. The relatively low cost of voice services mean, on the whole, voice service revenues and traffic will continue to outweigh the contribution of VAS for some time to come, but recent developments show that some markets are already ahead ofthe curve and will bear watching as they influence their neighbours.A recent study by Cisco Systems suggests the Middle East and Africa region?s monthly mobile data traffic volume will grow at a rate of 129% a year between 2010 and 2015, the fastest for any region of the world, although it only beats forecasts for the Asia region if Japan is treated separately. The Middle East region benefits from the fact that there are several players active in multiple markets. This has enabled them to introduce a standard suite of service portfolios over hardware- and software-based infrastructure sourced from a small group of suppliers, contributing to ubiquity a

BMI: Middle EAst and Africa Food and Drink Insight (Dec-11)

2011-12-06 13:08:00 (читать в оригинале)

BMI?s food and drink team are rolling out a series of new and improved risk/reward ratings for all its regions. The new ratings, introduced here for the Middle East and North Africa (MENA) region, are more growth orientated with a greater emphasis placed on which markets are going to provide the greatest opportunities, rather than which are the most developed in terms of per capita spending today.This approach is particularly important today given how well so many emerging markets are still doing and how much room forgrowth there is in the long term. Food and drink companies are increasingly looking outside the traditional blocks of emergingeconomies and putting more money into frontier markets, so pitting these markets against one another is a very useful exercise.At a basic level, food and drink companies are particularly interested in economies that are growing quickly (well reflected bythe per capita food consumption growth indicator), have large and young populations (which are why we have introduced the youth population indicator) and can provide a reasonably sound business environment. With regard to risk, which accounts for 40% of the overall score, we have made two key changes. We have introduced mass grocery retail (MGR) penetration and income distribution.MGR penetration is our main way of accessing how relatively developed the overall consumer sector is.The full risk/reward breakdown and new ratings structure is illustrated using the example of Saudi Arabia in the first table. The use of South Arabia, which is covered as a standalone quarterly report, allows us to benchmark the likes of Egypt and Qatar, which are economies that are going to provide hugely differing opportunitiesfor consumer focused companies.

DP World to create 4 million TEU new capacity at Jebel Ali, UAE

2011-12-06 12:50:30 (читать в оригинале)

DP World today announces its intention to expand flagship port Jebel Ali in the UAE by creating an additional 4 million TEU capacity, resulting in total capacity at Jebel Ali reaching 19 million TEU by 2014.

South Korea signs accord with Abu Dhabi Health Authority

2011-12-06 12:50:13 (читать в оригинале)

The Ministry of Health and Welfare and The Korean Health Industry Development Institute announced that the Health Authority-Abu Dhabi and four Korean hospitals, including Samsung Seoul Hospital, Seoul National University Hospital, Asian Medical Center and Seoul St. Mary's Hospital have signed an agreement to collaborate in a patient treatment-reference system in Abu Dhabi, on Nov. 25.


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