Category Archives: Uncategorized

Aluminium mining sector has record expansion in Middle East

The exponential growth of the aluminium sector has led to the creation of some of the industry leading companies in the Middle East today: Ma’aden, Emirates Aluminium,   QATALUM and Sohar have all sprung up the last half decade.

The founding of these world-leading firms has been the result of popular demand from Asia and other growing markets for a genuine supply of top-grade aluminium.

The chairman and founder of the Arab International Aluminium Conference, Mohammed Al-Naki, has said the following on the boom: “The aluminium industry has brought jobs, diversification and opportunity across the region, contributing substantially to GDP at national and regional level.

“The development of innovative reduction technology, developed in-house within the United Arab Emirates and already licensed for use elsewhere, has further raised the profile of our region in the global industry – especially in terms of greater operating efficiency and reduced environmental impact.”

He added: “The relative youth of the aluminium producers in the Middle East is another regional strength, as each incorporates leading-edge technologies, systems, processes and performance parameters. In fact, our region is home to some of the leaders in global aluminium industry.”

The Middle East boasts a huge rise in production capacity for the metal over the past few years. It is expected to continue on its current upward trajectory – in 2012, it produced 7.8% of the world’s production of aluminium; in 2020, it will have risen to 20%. This is due to the record expansion currently being seen in the market, and the production of new Greenfield projects that are underway at the moment. Visit http://www.saudifastgrowth.com/ar/winners-2009 for some of the Saudi fast growing companies.

The quality and reliability of the aluminium coming from the Arab region has attracted investors from all over the world, and the rapid production of its materials have ensured its competitive edge in the tense metals market.

The Arab International Aluminium Conference was founded 30 years ago to bring together aluminium industry leaders to discuss the effect of mining on the region and the economy, as well as examining the technological advances which will make aluminium production more efficient and sustainable.

 

Advertisements

Leave a comment

Filed under Uncategorized

The Nile As Source of Energy and Water In Africa

Offering an essential source of energy and water to eleven countries in Africa, the Nile is widely considered to be the longest, and indeed one of the greatest, rivers in the world. The Nile is the primary water source for many of the countries it serves, such as Tanzania, Uganda, Rwanda, Burundi, Democratic Republic of the Congo, Kenya, Ethiopia, Eritrea, South Sudan, Sudan and Egypt.

Known as “Iteru” in the ancient Egyptian language, the word means ‘great,’ indicating the Nile’s size and importance even amid ancient civilisations. The Nile facilitates the production of raw materials, the farming of crops and of animals, which must graze by the river bank to provide healthy meat, milk, hides and other by-products for the surrounding civilisations.

In modern times, the Nile remains a vehicle of sustenance for communities bordering the 6,650 km long river, while also offering one of the most efficient modes of transport in the whole of East Africa.

Several modes of transportation are used to travel on the river Nile, to transport both people and goods to various destinations lying along the path of the river. Cruises are also an extremely popular tourist attraction and method of transport to allow travellers and holiday makers to see a large cross section of African societies.

Cruise ships on the river Nile are well known for their glimmering finishes and luxurious furnishings. Many large cruise ships travel between Aswan and Luxor, while other smaller ships have been known to venture further afield. Tours of the wonderful landscapes of Africa from a cruise ship can be booked for a period of up to two weeks.

Cruises which incorporate a large portion of Egypt are very popular, as these provide holiday makers with the opportunity to visit the numerous historical sites in Egypt which display thousands of years of civilisation.

Nile cruise ships, such as the one owned by businessman Mr Fahad Al Tamimi, are often equipped with the same luxuries and creature comforts as any top of the range hotel, ensuring that holiday makers have the most comfortable stay possible, leaving them free to enjoy the beautiful sights and sounds of Africa.

Leave a comment

Filed under Uncategorized

The Middle East Energy Industries Finally Settles For Renewable Energy

Middle East is known as an oil producing region and also considered a high net emitter of carbon. Currently, the region has decided to embrace renewable energy to deal with scarcity in the future. Near the beginning of 2012, public announcements have been made by various governments about the plans to produce at least 10 % of its energy from sustainable sources by the year 2020. This proposition has been also planned by the Kingdom of Saudi Arabia (KSA), Kuwait and Oman. Simultaneously, United Arab Emirates shared the same sentiments. Meanwhile, Dubai and Abu Dhabi have set their objectives of manufacturing 5% and 7% correspondingly of their energy from solar and renewable sources by the year 2030.

1

However, many have been skeptical whether these goals would be taken in.  Considering the fact that the Middle East’s growing economy in the company of the growing population has gradually changed the growth of its urbanization. Meaning, these gradual changes have been resulting in an increase in consumption of oil and gas. People need more electricity therefore power plants which are based primarily on non renewable sources. Energy is not only required in electricity but also in water. As a result, the more water people demand the more energy is required.  The regions’ need for non renewable sources is inevitable.  With that being said, this shift Middle East is making concerning its most valuable product is beyond a doubt.

On the other hand, solar power industry could take shape in the Middle East. Every now and then, solar generation projects have now been established in the region. Have you ever wondered why a land abundant with oil has started considering solar power? Well, that gave me a thrill but this may be their way of having an alternative way to produce energy. In this strategy, Middle East might contend with Taiwan where they also make solar panels or maybe with Germany in terms of developing the control systems. Nevertheless, I personally think the Middle East is doing a great job in replacing their non-renewable resources with alternative ways.

Leave a comment

Filed under Uncategorized

The Opportunities for Investment in the Middle East Infrastructure Industries

It has become an open secret that the most part of the Arab region has only been good for the construction sector and concerns of oil wealth distribution in that sector are beginning to be raised. The region’s largest opportunities lie with Saudi Arabia where the government is focused on a country wide infrastructure investment that is set to diversify the income streams of the nation, which might bring liberation from the oil dependency. Annual investments have been well above $150b although these are strained by rapid economic and population growth in the region.  The fundamentals of population growth and welfare are the major drivers behind this boom in construction as opposed to others lie the Dubai boom.

63617434

Drawing the focus to Qatar, a large amount of infrastructure, stadiums, housing etc. need to be put in place as it prepares for the world cup to be hosted in 2020. The supply challenges that are anticipated are evident and in this regard the rest of the region is likely to benefit immensely from this. UAE ‘will see a steady increase in investment in publicly funded projects and also to a lesser extent the privately funded projects. Take this for instance, though recent investments in Dubai hotels have been firmer, the hotel occupancy reached 81.8% in 2011 driving further investment in the tourism sector.

Beyond the Gulf opportunities exist, but only for those willing to commit and see their investment through their respective cycles. The wider Middle East region has dynamic investment opportunities with Iraq and Libya being some of the two most outstanding examples in that area. Construction of Housing in Iraq is on the rise and ministers and other government officials have been invited investor to participate in the construction. Competition for the traditional American contractors has been very stiff and in this regard, Far East powers like Korea have been pushing hard into the market with a competitive edge in their pricing. Therefore, it implies that the Western Countries have to come to speed with themselves and the kind of quality they are going to offer in order to stay in the loop as top contract holders in this region.

Western economies that are heavily indebted, this can be a way to raise and recover from such a situation considering the Middle East is highly liquid because of its trade in oil. Conclusively there are challenges that are brought about by investment, in spite of the political risks of the Middle East, and it is a matter of cost and benefit analysis of the investment but the opportunities are there.

Leave a comment

Filed under Uncategorized

The Advantages of the Emerging Mining Industry in the Middle East

The growth of the mining industry has brought about lots of positive impact to the Middle East region. As evidenced in the growth of the oil sector, there is always a potential for the growth of other sectors because they depend so much on the growth within mining either directly or indirectly.

6

The presence of foreigners in this region has brought about rapid growth which is always associated with many people coming together. There is always a change of ideas, learning is promoted and new trends in life are set. There is a general awareness of the different resources that are within the region that the natives here didn’t see them as useful, but now they appreciate that thanks to the migration of people in the Middle East. The influx of aliens in the region has also helped to spearhead the growth of other sectors within the economy like construction and real estate. There is constantly a need to put up some new infrastructure to cater for the increase in population characterized by the influx of aliens. Social centers, hospitals, schools, sports centers, hotels are among the infrastructure that have really benefited from the influx of foreigners into the Middle East.

Standards of living are also on the rise as most of the aliens come from regions that are ahead regarding living standards. The Western system of life which strives more on value for money which is based on strict service delivery for money taxed has gotten an upper hand and these governments are busy replacing their old systems with these new systems. Mostly, the Westerners have imparted a general awareness about the rights of individuals in the society hence making them take their leadership to task. This has resulted in leaders taking charge in bringing about a lot of development in a short span of time. Educational standards have also benefited by getting uplift. The emerging industry has come with an increased demand for professionals who are being produced abroad. Upon returning home, they have a positive impact in the society.

Leave a comment

Filed under Uncategorized