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

BMI: United Arab Emirates Defence & Security Report (Nov-11)

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

The United Arab Emirates (UAE) has maintained political and economic stability in a region fraught withturbulence. High living standards and high levels of employment contribute to a stable communityunlikely to cause upheaval such as is occurring across other Middle East and North Africa (MENA)nations. As a result, the UAE has successfully attracted foreign investment in a way that its neighbourshave not been able to do. Our GDP growth forecast for 2011 and 2012 remains at 3.3% as high oil priceshave helped the UAE bounce back from the 2009 global financial crisis.Its ties with Western nations and multinational companies, as well as its oil and natural gas resources,plus its geographic position on the Arabian Sea put the UAE in a strong strategic position. This alsoforces the UAE to play a complicated diplomatic game of balancing its relations with the West andmaintaining its credibility as a regional player.This complicated balancing act has been on full display over recent months. The UAE played a crucialrole both diplomatically and militarily in the Libyan conflict. It provided western nations with muchneededArab support for the NATO action and provided 12 jet fighter planes to the effort. The UAE hasalso played an important role in the ongoing Somali famine. Al-Shabab, the Al-Qaeda affiliated militantgroup that controls much of the country, has barred most Western aid agencies from operating in largeswathes of Somalia. The group, however, has been more open to NGO?s from Arab countries, and theUAE has played an important role in getting aid into Somalia. Both of these operations have put the UAEfirmly on the side of the US and other Western nations, demonstrating the relatively positive andconstructive relationship the country has with the West.At the same time, the UAE has split from the US and other western countries on another importantregional issue ? Palestine?s bid for recognition at the UN. The UAE has supported the

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

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

BMI expects new car sales in the UAE to rebound significantly in 2011, despite the industry having beenimpacted by central bank moves earlier this year aimed at restricting the amount of car financingcustomers can use to buy new vehicles.BMI's view that credit restrictions will create opportunities for vehicle financing units in the Middle Eastis playing out, as dealers in the UAE launch finance programmes in response to new credit regulations.The new rules state that banks cannot lend more than 80% of the vehicle's value. Coupled with that is arestriction on the amount of credit an individual can access in relation to their monthly income. Anecdotalevidence shows that vehicle sales in the UAE fell by between 20% and 40% year-on-year (y-o-y) as soonas the new rules came into effect, as many consumers predictably brought purchases forwards to Marchand April when 100% financing was still available.However, some carmakers and dealers have since taken a pro-active approach to boosting sales with theirown financing packages. There is clearly a response to the new banking regulations in some of theschemes, which cut down the monthly instalments. Under the new regulations, loan repayments shouldnot account for more than 50% of a person's monthly income.Toyota Motor remains the dominant player within the UAE new car sales market, with the NationalSales & Marketing Manager for local dealership Al-Futtaim Motors, Andrew Squires, stating that thecompany has a market share of close to 41% in 2011 year-to-date. According to a report on the AMEinfowebsite, Squires acknowledged that the current year has been challenging, but that he was ?delighted toreport that sales have now regained a steady pace? of around 15% year on year. He was hopeful that thisrising sales trend would continue into 2012. Toyota boasts the most popular mid-size car in the UAE withits Corolla model, and its Land Cruiser and Prado models also lead their segments.Ho

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BMI: Middle East and Africa Pharma and Healthcare Insight (Jan-12)

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

The insurance sectors of Middle Eastern countries fall into two categories. The first is characterised by a relatively small number of oligopolists, whose positions may be formally protected by law or effectively protected by geopolitical issues (as in Israel and Iran). The second category is characterised by the large number of local players relative to the present market opportunity. Typically they are pure non-life companies, or non-life companies that derive a small portion of total income from life and healthcare products.Often they have a close association with a local banking or trading company that may assist with the procurement of business. The UAE, where local companies account for nearly 80% of the market, is a good example, as life and health insurance constituted only 16.3% of total gross premiums written - AED3.6bn (US$980mn) in 2010.The trade association for non-life, life and composite insurance companies in the UAE is the Emirates Insurance Association. As of June 2011, its membership includes 30 national companies, 26 international companies and 48 brokers. The list of international members is noteworthy because it does not just include global multinationals. Major multinationals with a presence in the UAE include MetLife ALCIO, Chartis, Generali, AXA, Friends Provident International, RSA, Tokio Marine Nichido, Zurich International Life (ZIL) and Zurich Life Insurance. The foreign members also include subsidiaries of Bimeh Iran, Adamjee Insurance (from Pakistan), State Life (Pakistan), al-Ittihad al-Watani (Lebanon), Arabia Insurance, General Insurance Corporation, LIC, QGIC, QIC, The New India Assurance and The Oriental Insurance (all India).

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BMI: Middle East and Africa Food and Drink (Jan-12)

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

Spinneys, one of the Middle East and North Africa (MENA)?s largest food retailers, continues to see a lot of room for growth inthe region as demand for organised food retailing continues to rise. In spite of the economic and political upheaval that has rocked the region in 2011, there are still plenty of opportunities for companies such as Spinneys that are already well positioned in a number of markets. Having established a strong business in the Gulf region, it is believed that Spinneys will prioritise growth in the wider MENA area, with counties such as Jordan, Egypt and Lebanon likely to be targeted.

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Ajman Bank appoints Mohamed Amiri as Acting CEO

2012-01-16 15:54:45 (читать в оригинале)

The Board of Directors of ?Ajman Bank announced today the appointment of Mr. Mohamed Amiri as Acting CEO. He replaces Mubashar Khokhar, the previous CEO, who has resigned from his position with the bank citing personal reasons as the motivation for his departure.