GCC chief calls for IPO restrictions

The Secretary General of the GCC, His Excellency Abdul Rahman Al Attiyah, has said that new companies should not be allowed to launch initial public offerings (IPOs), in order to stabilise bourses across the region.

Out of this world

Next week is going to be ‘Virgin week’ with the arrival of Sir Richard Branson in Dubai, officially to launch the first Virgin Atlantic flight between London and Dubai.

Shooting to thrill

Faisal bin Juma Belhoul has spent the last few years restructuring his father’s family empire. Now, he tells Richard Agnew, he plans to use that experience to turnaround other regional businesses.

Touchdown

At 7.10am on Tuesday morning, Virgin Atlantic’s first flight from London to Dubai will touch down. Sir Richard Branson’s public relations machine has been in full swing, and the airline has already slashed prices on the London to Dubai route. But can it really compete with Emirates Airline? Anil Bhoyrul and Tamara Walid find out.

Trouble at home

“When you combine ignorance and borrowed money, the consequences can get interesting.” — Warren Buffett. We should all be wary of the comments coming out of the property world over the last two weeks.

Don’t write off Branson

The odds are against him, but Emirates Airline should heed the warnings. Four months ago I spotted Virgin boss Sir Richard Branson in the Burj Al Arab. He was in Dubai to promote the launch of Virgin Atlantic’s service to Dubai, which starts this Tuesday. And, as always, he was more than happy to talk. To talk about anything, except his pricing policy on tickets.

LG points to finger-secure laptops

LG Electronics has decided to give buyers of its latest dual-core laptops an extra level of security by adding AuthenTec fingerprint sensors to its dual-core Express series notebook PCs.

High tech homes

The networking know-how that goes into making residential properties state-of-the-art often goes unnoticed. Alex Ritman assesses how residential networking has progressed and what the networked home of the future may look like.

Last mile access

Free space optics (FSO) technology may have started out as a product for niche markets like the military, however, it is starting to make its way into the mainstream of broader markets.

SAP attack

More financial services and government organisations are now reaching for ERP options according to IDC, but SAP says they are not looking for traditional core enterprise solutions.

Got to love the SMB

Despite the SMB being the target of virtually every vendor in the Middle East, IT and the people responsible for it within the SMB are still undervalued, delegates at an IDC conference were told. Daniel Stanton was there.

Put IT together

Often an afterthought for regional manufacturers, IT adoption is increasing in the region. Eliot Beer looks at integration issues, and how valuable IT is to the industry.

Open for business

Egypt’s investment tsar Ziad Bahaa El Din tells Richard Agnew about the country’s life or death struggle to attract business from abroad.

Freedom to freehold: Will the new property law be enough?

With the signing off of the new Dubai freehold property law, investment in the local property market is expected to rocket, as homebuyers become more confident of their ownership rights. But, as Angela Giuffrida finds out, the new law will do more than just establish property ownership.

Zamil bags steel job

Zamil Steel has won a US $9.2 billion (KD2.6 billion) contract to supply fabricated structural steel products and process equipment for Kuwait Oil Company’s OL2K Ethylene Project.

Camp suicide rates revealed

At least 24 Indian construction workers committed suicide in Dubai last year — accounting for more than 25% of suicides involving expatriates from the country.

German architects design in the sand

With a subdued construction market at home that has only started to turn the corner in recent months, German architectural practices are seeking new markets to sustain their order books, and increasing numbers of them are targeting the Middle East, where German-designed buildings are in high demand among the region’s developers.

Germany and UAE innovate together

With more than US $4.2 billion worth of exports, and over 500 companies operating in the country, German trade to the UAE is second only to Saudi Arabia, in the Gulf. Zoe Naylor finds out why the region is a goldmine for German companies looking for construction contracts.

Monorails need to be master planned

Founded in 1998, the Monorail Society is the international association for monorail enthusiasts. Or, as the society’s website describes itself – the organisation for people with ‘one-tracked minds’. Don’t let the humour fool you. Monorailists are not your average pale and pasty trainspotters. You won’t find your monorailist hanging around railway platforms wearing a tatty snorkel and clutching a wet notebook.

Prime position

Where’s the best place to locate a PC assembly facility to serve the Middle East market? It’s a question that Fujitsu Siemens obviously thought long and hard about before finally opting for Jebel Ali Free Zone. Nevertheless, some channel insiders still reckon that the disadvantages of locating a PC factory in Jebel Ali Free Zone actually outweigh the advantages.

EDA attempts experimental documentary production

As the quality of digital products goes up, more professionals are beginning to experiment with consumer products to get the best value for their money. Giorgio Ungania, audio designer at Dubai Media Inc and a member of the Emirates Diving Institution (EDA), recently went on an environmental trip to Malaysia and produced a documentary in the most innovative way. Ungania shares the details of the production exclusively with Digital Studio.

Microsoft delays Vista launch

Microsoft says while its Windows Vista, the next generation of the Windows client operating system, will be available to the business community in November 2006, broad consumer availability will be made January 2007. Windows Vista is Microsoft’s first major update to the company’s flagship operating system since Windows XP was released in late 2001.

Lone Ranger

Qtel has watched liberalisation affect its fellow regional incumbents, and in Oman it has even become one of those start-ups. Such experiences have left the telco patently aware of the challenges that competition brings to an incumbent and Alex Ritman talks to Nasser Marafih, head of the Gulf’s last remaining monopoly operator about Qtel’s current and future activities.

Paradise at a Price

Wataniya Telecom Maldives in partnership with Huawei Technologies has built out one of the most technically sophisticated converged 2G/3G networks in the region. CommsMEA reports from the islands on how logistical challenges in deploying and growing the business were overcome and Wataniya’s plans to be the market leader within 12 months.

Local Touch

Mobile phone content has become one of the highest growing revenue generators for operators in developed markets. In Africa however, where ARPUs are low and many millions still remain unconnected, offering such extras may seem unnecessary and futile. Alex Ritman asks what applications are selling across the continent, and what issues providers are facing.

Make It Happen

The amount of time that it is taking the Jordanian government to offload its 41.5% stake in Jordan Telecom Group (JTG) is running the real risk of impeding the telco’s development on both the domestic and regional front. Since 2003, the government has talked-up its intention to sell down its shareholding, but to date the process remains locked in consultation and negotiation.

Jumeirah to open hotel in Shanghai

Dubai-based hotel company, Jumeirah has been appointed by Shanghai Lixing Hotel Limited to manage one of Shanghai’s most prominent and prestigious new hotel developments in the downtown Luwan District.

Pay and display ad site arrives in region

First it was the Million Dollar Home Page, a pay per pixel advertising website launched by an enterprising English 21-year old, and now a team of entrepreneurs has launched a dirham equivalent of the site in the UAE.

Open standards move

Avaya and Microsoft have teamed up to develop open standards, SIP-based interoperability between Avaya MultiVantage Communications Applications and Microsoft Office Communicator, the unified communications client for Microsoft Office Live Communications Server 2005.

Chamayou returns to distribution channel

Channel veteran Thierry Chamayou, formerly general manager at networking vendor D-Link’s Middle East operation, has made the move back into the distribution world, taking on the role of deputy general manager at Mindware.

Redington now sole LSP for HP Saudi assembly plant

HP has confirmed that Nahil is no longer operating as a logistics service provider (LSP) for its PC assembly facility in Saudi Arabia. The change in channel strategy leaves Redington as the sole GCC LSP supplying PCs produced at the plant to HP’s channel development partners (CDPs) in the region.

Swede Success

What a difference three years make. When Carl-Henric Svanberg became president and CEO of Ericsson in April 2003, the traditional Swedish telecoms equipment supplier was haemorrhaging cash and Svanberg was immediately called upon to continue overseeing the difficult task begun by his predecessor of culling Ericsson staff. On his first official visit to the Middle East last month, Svanberg spoke to CommsMEA about just how different the climate now is for Ericsson compared to those dark days.