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CommentWire
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New emissions standards to be introduced in Europe in the next few years could see numerous energy intensive manufacturing tasks transferred to cheaper production locations. Volkswagen [VOW.F] is to study the possibility of moving some parts manufacturing to the Gulf, which would prove unpopular in Germany but nevertheless cost-effective in the long term.
Published By Datamonitor
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11 Jun 2004 |
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CommentWire
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CEVA Logistics is the latest in a long line of logistics service providers expanding or building warehouse space in Dubai. The two key drivers behind these developments are the geographically advantageous location of the United Arab Emirates within the Middle East region, and the interest of logistics players in serving the lucrative automotive industry.
Published By Datamonitor
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04 Apr 2011 |
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CommentWire
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Headquartered in Abu Dhabi, which is set to become home to Masdar, the world's first zero-carbon city, the International Renewable Energy Agency has expanded at a rapid pace, nearly doubling the number of signatory countries from 75 to 148 since its inception. The association has the potential to become a leading voice in deciding green energy policy worldwide.
Published By Datamonitor
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21 Jul 2010 |
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Expert View
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The global drive to improve the environmental profile of energy production continues, and the UAE has the potential to be a leader in this area, partly due to its natural geographical advantages. While no immediate changes can be expected, it is likely that nuclear and renewable power will play a significantly greater role in the federation's energy production activities over the longer term.
Published By Datamonitor
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25 Jun 2010 |
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CommentWire
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Until last year, the Syrian retail sector lacked big malls and associated hypermarket chains because the importation of foreign consumer goods and electronic items was banned. However, the Syrian government has gradually liberalized import restrictions and many foreign goods have been removed from the list of banned items, leading a number of Gulf retail groups to consider entering the country.
Published By Datamonitor
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17 Mar 2009 |
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Expert View
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The South African wealth market is the largest in the Middle East and Africa, accounting for nearly 36% of the region's total value of liquid assets held by affluent individuals in 2011. South Africa is, however, forecasted to have the lowest growth prospects in the region, and will see its market value rise to only $265bn by 2015.
Published By Datamonitor
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20 Mar 2012 |
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Expert View
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RBC intends to increase its AUM in emerging countries from $20bn to $50bn by the end of 2015. As recently announced, Dubai will play an important role in the wealth manager's expansion plans as the bank seeks to double its staff in the emirate during the same period. However, RBC's growth targets are ambitious given the fierce competition and its plan to mainly grow organically.
Published By Datamonitor
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26 Apr 2012 |
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Expert View
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Some unusual fruit products have been noted by Productscan this month, such as carbon dioxide injected fresh fruit, square watermelons and sausages filled with goji berries, a so-called super-fruit. The release of these products highlights the growing consumer interest in healthier food options, with manufacturers seeking innovative ways to present their offerings to appeal to this growing trend.
Published By Datamonitor
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11 Oct 2006 |
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Expert View
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As part of efforts to increase its global sales, Marks & Spencer is due to enter Egypt, with plans to open two stores in Cairo over the next two years in conjunction with the Al Futtaim Group. With growth forecast in the clothing sector and investment in shopping centers increasing, Egypt is a solid destination for the retailer.
Published By Datamonitor
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27 Aug 2010 |
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CommentWire
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The MAF Group, in conjunction with anchor partner Carrefour, primarily develops and manages shopping malls and hypermarkets across Egypt and the Middle East. MAF is considering new development projects in Saudi Arabia following 15-20% falls in urban land values; expansion would improve MAF's positioning in Saudi, a market dominated by early-mover MAF competitors.
Published By Datamonitor
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13 Feb 2009 |
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