A record $87bn of foreign direct investment flowed into Africa last year, and it is safe to say that even more is headed there this year. The 12th Arabian Business Forum presented the opportunities, risks and forecasts for the continent, according to top GCC-based businessmen, including Etisalat CEO Ahmad Abdulkarim Julfar, Stallion Group founder Sunil Vaswani and Mansour Group’s Mohamed Mansour.
The days of an entire family sitting down to watch a primetime TV show have long been dwindling, with the way we watch video content transformed by iPads, YouTube, video-on-demand, Netflix binge watching and the launch of hundreds of channels. Experts tell Arabian Business how these changes are affecting everyone from viewers to advertisers — but the Middle East is breaking the mould
On the surface, Africa’s aviation industry presents one of the most compelling investment opportunities, yet the continent’s national carriers have been unable to pick up speed under the force of government protectionist policies and outdated regulations. Other airlines are flying in but will they be able to break through the clouds?
Africa has long been portrayed as a troubled continent, leading more cautious Gulf investors to lag behind other regions in tapping into the wealth of opportunities. But Africa is fighting back, working to overturn negative stereotypes and attract Arab investment to its shores.
The backroom mechanics of any airline can be fascinating, not least for the world’s largest operator of the world’s largest planes. Arabian Business tours the Emirates Engineering Centre to see what it takes to keep 240 aircraft in order.
The late Sir Maurice Flanagan was one of the founding figures of Emirates Airline when secret plans were put in place to set up the Dubai carrier in the 1980s. An outspoken character, he sat down with Arabian Business on numerous occasions to give his forthright views on "conspiracy theories" that it is subsidised, airspace access, and possible acquisitions.
Dubai’s airline has never been one to stick to the mould, having set multiple new industry standards and repeatedly broken plane order records. Its stunning rise has not only influenced the direction of the emirate’s economy, but helped to reshape the global aviation industry and move 50 million people in one year
Ermenegildo Zegna and Al Tayer Group are both respected family-managed businesses. The Italian menswear brand has just signed a partnership to become the latest luxury label to join the retail conglomerate’s stable of top names and is bidding on the UAE to help it turn around its recent decline in sales
Military sales is a trillion-dollar business. Ahead of the Dubai Airshow, Arabian Business travels to the US for a bird’s eye view of what Boeing Defense, Space & Security — one of the world’s largest suppliers — plans to showcase at the November event, and to discuss appetite for deals in the Middle East