Путешествия по Европе Голосов: 2 Адрес блога: http://sempreprimo.blogspot.com/ Добавлен: 2008-08-17 13:20:58 блограйдером avanti

Business panel urged to promote public-private sector dialogue

2012-01-17 09:51:18 (читать в оригинале)

The International Renewable Energy Agency (Irena) has proposed the establishment of a business council to facilitate consultations between the private sector and governments, Adnan Z. Ameen, the director general of Irena, said.

---

BMI:United Arab Emirates Water Report (Dec-11)

2012-01-16 20:24:00 (читать в оригинале)

The UAE is consolidating its position as a major growth market for water developers. Dubaiis expected to make significant progress in 2012 by venturing into independent power projects (IPPs)with the launch of the Hassyan IPP, which will set a template for future independent water and powerprojects (IWPPs) in the emirate. Private sector appetite will be encouraged by the Dubai authorities, whohave hitherto undertaken critical infrastructure projects using the state?s balance sheet; however,Dubai?s financial troubles have added impetus to its search for private financing for its power and watersector.Key themes to highlight for UAE?s water sector:The Abu Dhabi Water and Electricity Authority (ADWEA) is seeking to tap the debt markets inorder to help finance its Shuweihat 2 IWPP. In Q311 it named HSBC as financial advisor on theUS$2.2bn refinancing of its Shuweihat 2 loan and will also issue a bond in what will be a firstfor a Gulf IWPP. This offering is set to go to the market in early 2012. The move comes amid awider push by Abu Dhabi?s government entities to approach the debt-capital markets for funding? a trend we expect to continue through 2012.In Q411, the Dubai Electricity and Water Authority (DEWA) announced it had awardedcontracts worth more than US$100mn, the bulk of which will be for water related projects.However, despite the decision by Moody's Investors Service to upgrade DEWA?s corporatefamily rating and probability of default rating from Ba2 to Ba1, and the utility?s US$3bn of debtinstruments to Ba1, there are no plans to raise bonds in 2012.Abu Dhabi Sewerage Services Company (ADSSC) has outlined significant investment plans for2012 and intends to spend US$1.6bn on wastewater projects. Much of this spending will beearmarked for the enhancement of tunnels. In November 2011, the company also awardedanother significant project related to its tunnel improvement programme, having reportedlyawarded Brazil?s Odebr

---

BMI: UAE Consumer Electronics Industry Report (Dec-11)

2012-01-16 19:53:00 (читать в оригинале)

The UAE?s consumer electronics devices market, defined as the addressable market for computingdevices, mobile handsets and video, audio and gaming products, is estimated to reach a value ofUS$3.8bn in 2012. This is expected to increase to US$4.7bn by 2016, driven by the popularity of newelectronic devices such as LED and 3G TV sets, 3G mobile handsets, smartphones, feature-richnotebooks, MP3/MP4 players and Blu-ray players.In H111, UAE retailers reported a surge in demand for consumer electronic products, in many casesfuelled by price cuts. Retailers partly attributed the rebound to recovering markets and an improvement inconsumer confidence, which had been damaged by the Dubai financial crash. However, price reductionsalso seemed to be a significant driver.Significant obstacles still stand in the way of a more pronounced recovery, including weak creditconditions and Dubai's onerous debt repayment schedule in 2011. The shift towards more cautiousdomestic spending patterns is likely to persist well into 2012, with overall consumption growth remainingmuted, particularly in Dubai. However, Dubai benefited most from a pick-up in the tourist trade,providing a boost to the important carry trade for electronics goods.ComputersComputer hardware accounted for 53% of the UAE?s consumer electronics spending in 2011. BMI forecasts domestic market computer hardware sales ? including notebooks and accessories ? of US$2.0bn in 2012, up from US$1.9bn in 2011. The compound annual growth rate (CAGR) for sales of computer hardware over 2012-2016 is forecast at about 6%. Stronger demand in the notebook sector is the main driver as consumers feel the benefits of aggressive channel promotions.AVAV devices accounted for about 35% of consumer electronics spending in the UAE in 2010. The addressable UAE AV device market is projected at US$1.3bn in 2012. The market is expected to grow at a CAGR of 5% between 2012 and 2016 to reachUS$1.6bn by the end o

---

BMI: United Arab Emirates Telecommunications Report (Dec-11)

2012-01-16 19:52:00 (читать в оригинале)

BMI?s Q112 update to the UAE?s telecommunications market report incorporates market data from theTelecommunications Regulatory Authority (TRA) and telecoms providers Etisalat and EmiratesIntegrated Telecommunication Company (du) relating to the end of September 2011. It contains ananalysis of the mobile, fixed-line and broadband markets, and recent regulatory developments. It alsocontains our growth forecast for the key sectors, which has been extended to 2016. Meanwhile, ourpenetration rates changed significantly this quarter following a revision of the UAE?s population databased on the World Bank?s statistics.According to the TRA, there were 11.262mn mobile subscribers in the UAE at the end of September2011, reflecting a penetration rate of 142.7%. The market grew by just 0.7% q-o-q in Q311, slightly downfrom 1% in the previous quarter, and 3.8% y-o-y. Growth in the UAE?s mobile market for the 12 monthsto September 2011was solely driven by second-ranked du, which recorded total net additions of 857,000subscribers during that period to offset Etisalat?s total net loss of 438,000 for the same period. It is worthmentioning that our subscriber figure for Etisalat is based on the TRA?s market data, which comply witha strict 90-day activation period for active lines. We have upgraded our mobile growth forecast thisquarter following strong net additions during 9M11. We now expect the number of mobile subscribers inthe UAE to reach 12.385mn by 2016, reflecting a penetration rate of 145.5%.The fixed-line sector recorded positive growth in Q311, albeit it at a significantly slower rate than inQ111. This suggests continued demand for fixed-line connections despite the rapid take-up of mobileservices. We factored in this trend in our previous update, therefore there is no change to our shortmediumterm growth expectations. We expect the increase in competition following the implementationof fixed network sharing and the expansion of serv

---

BMI: United Arab Emirates Petrochemicals Report (Nov-11)

2012-01-16 19:52:00 (читать в оригинале)

The UAE is set to witness a further surge in petrochemicals capacities over the next five years as itbecomes a major supplier to the Chinese market, according to BMI?s latest UAE Petrochemicals Report.The success of Abu Dhabi?s massive Borouge complex is confirmed in Borealis? recently publishedfinancial results, which showed that the company made EUR98mn in net profits from the joint venture inQ311. The plant was therefore unaffected by the soft patch in European demand and the overall globalmarket nervousness that led to a narrowing of polyolefins margins. Borouge?s strength, compared to theperformance of European operations, underlines the growing importance of competitive Middle Easternproduction for the balance sheets of majors. Even though the UAE?s petrochemicals sector is moredependent on less competitive naphtha feedstock than ethane-fed facilities in Qatar and Saudi Arabia, ithas continued to thrive utilising its supplies.The second phase of the Borouge complex at Ruwais, Abu Dhabi, began production in mid-2010 with a540,000tpa PE unit coming onstream in July. In Q410, an olefins conversion unit producing 752,000tpaof propylene, together with 50,000tpa of propylene delivered from Adnoc?s refinery, began supplying thetwo Borstar PP units with combined capacity of 800,000tpa. Borouge 2 will triple Borouge?s polyolefinscapacity to 2mn tpa when it becomes fully operational by mid-2011. An additional 2.5mn tpa is scheduledonline in 2013, following the completion of Borouge 3. The new capacity will be marketed mainly to theMiddle East and Asia Pacific, targeting high-end applications in the pipe and high performance packagingareas. Borouge 3 will have capacities of 1.43mn tpa PE and 960,000tpa PP supplied by a 1.5tpa ethanecracker, with US$4.6bn worth of construction contracts signed in Q210.The Chemaweyaat project will include an olefins plant, an aromatics complex and a range ofdownstream polymer and chemical units and w