Arab British Chamber of Commerce Newsletter-10

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Arab-British BusinessVolume 36 Issue 6 August 2013Monthly bulletin of the Arab British Chamber of Commerce

Business Schoolof England

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Monthly bulletin of the A-BCC

Editorial TeamAbdeslam El-Idrissi Cliff Lawrence David Morgan Dr Yasmin Husein

Arab-British Chamber of Commerce 43 Upper Grosvenor Street London W1K 2NJ

Tel: +44 (0) 20 7235 4363 Fax: +44 (0) 20 7245 6688

[email protected] (English Editorial)

[email protected] (Arabic Editorial)

www.abcc.org.uk

Production & DesignDistinctive Publishing 6th Floor Aidan House Sunderland Road Gateshead NE8 3HU

Tel: 0845 884 2343

www.distinctivepublishing.co.uk

AdvertisingDistinctive Publishing

Tel: 0845 884 2343

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DisclaimerDistinctive Publishing or Arab-British Chamber of Commerce cannot be held responsible for any inaccuracies that may occur, individual products or services advertised or late entries. No part of this publication may be reproduced or scanned without prior written permission of the publishers and Arab-British Chamber of Commerce.

ISSN No: ISSN 0958-8116

Chamber News 3

New Members 4

Saudi Arabia Standards 9

ABCC Business Delegations to Jordan and Tunisia 10-11

Business & Project News 12

Qatar 16

Trade & Development 18

Legal 20

Reports in Arabic 22

Tenders 27

Business Events & Trade Fairs 32

CONTENTS

CHAMBER NEWS 3

Due to the amount of investor demand for further subscriptions into our third fund, London Central Apartments Ltd, the Directors have agreed to offer a limited second issue of shares amounting to 10% of the original issue, available until September 30th 2013, or until fully subscribed.

These will be allocated on a first in line basis. The share issue has been approved by the Channel Islands Stock Exchange. We anticipate approval from the Jersey Financial Services Commission imminently, at which point we will begin accepting subscriptions.

The share price will be £10.00 each – the same as at the original offer, meaning that investors in this latter tranche will benefit straightaway from the portfolio of properties already acquired. It should be noted that this is a small premium on the current Net Asset Value (NAV) which the forthcoming audited accounts will put at £9.09. This takes into account the costs incurred during the companies’ set up, acquisition and refurbishment stages and recognises the locked in uplift in the portfolio which has not yet been valued.

As you may well be aware, the LCA has already sourced some excellent one and two bedroomed flats in prime Central London which are being refurbished and let to blue chip tenants. The new issue of shares will be eligible again through QROPs, SIPPs, SSASs and offshore portfolio bonds and it remains Sharia compliant. The minimum subscription is fixed at £50,000 although this can be reduced if the investment is made through a regulated entity.

Our funds continue to be the only investment vehicle of their type targeting London Central and you can find out more about the performance of the first two by clicking here, as LCA is not yet in a position to show a year of full activity.

Please note that any equity investment of this nature carries a certain degree of risk, which is briefly set out in a Quick Facts PDF available on request.

Contact Hugh BestAssociate DirectorHead of Investment London Central Portfolio Limited (LCP)Residential Funds and Asset ManagementTel: +44 (0) 20 7723 1733 Email: [email protected]

NEW INVESTMENT OPPORTUNITY IN PRIME LONDON CENTRAL RESIDENTIAL PROPERTY FUNDS

MEMBERS NEWS4

Awarded “Europe’s Leading Boutique Hotel”, “The World’s Classic Boutique Hotel” and with 5 AA Red Stars, DUKES LONDON is a hidden gem on the doorsteps of St James’s Palace royal residence of Prince Harry and Clarence House, royal residence of Prince Charles, in the heart of St James Mayfair where quintessentially British charm and the finest luxury mix together to create a timeless atmosphere.

Following a complete renovation which has involved 50 of its bedrooms and suites, a brand new Champagne Lounge and walkway interiors, the hotel has now a fresh look which is entirely British in spirit, with a superior and charming service that will make you feel like you never left home.

The legendary DUKES Bar is “the discreet home of the perfect martini”, that our barmen blend with extraordinary expertise, while THIRTY-SIX restaurant, awarded 3 Rosettes for culinary excellence in 2012, serves some of the best modern British food you will find in the region.

The Drawing Room and Conservatory overlook a peaceful courtyard garden, the perfect spot for morning coffee, light lunches or traditional afternoon tea. Guests are also

invited to indulge in the luxurious Cognac and Cigar Garden designed to provide a comfortable and relaxing outdoor space where they can choose from our excellent selection of fine cigars, including some Cuban favourites, and fantastic cognacs.

The PJ Lounge at DUKES LONDON is a newly opened additional lounge to the hotel’s renowned bar line-up which features the finest Champagne and Champagne cocktails from partner Perrier-Jouet. The PJ Lounge is a "modern classic room" to relax and enjoy, with rich gold and forest green tones and a hand-stitched carpet with the iconic anemones of Perrier-Jouet Belle Époque.

DUKES LONDON boasts a spectacular location, with Green Park just on our doorsteps and only few steps away from Buckingham Palace, Clarence House and the shopping of Bond Street.

Whatever your plans are, DUKES LONDON promises you an unforgettable experience steeped in heritage, with a welcoming atmosphere that feels like a home from home.

EXCLUSIVE SUMMER OFFERl Free Room Upgrade

l Dukes to Classic £295.00*

l Classic to Superior £325.00*

l Superior to Luxury £375.00*

l Includes Full English breakfast

l 10% off food in Restaurant Thirty-Six

And the following complimentary amenities:

l Daily newspaper – Wifi throughout the hotel – REN bathroom toiletries – shoe- shine service

l Valid until 31st August 2013

*per night inclusive of 20% VAT.

Contact Geeta DefoeDirector of Sales DUKES ST. JAMES LONDON

Tel: +44 (0)207-318-0898Fax: +44 (0)207-491-9145Mobile: +44 (0)7919-144-207

Email: [email protected]: www.dukeshotel.com

DUKES LONDON - A HOTEL WITH QUINTESSENTIALLY BRITISH CHARM

ABCC member Cross-border Information (CbI) has just published the latest in its Merchant Family Series of reports and is offering ABCC members a special discount price.

Produced by CbI’s due diligence and research team, with support from experienced GSN editorial staff, the Merchant Family Series of reports provides valuable insights to all investors interested in understanding the Gulf business environment.

THE UAE’S AL-FUTTAIM FAMILY: FROM EXILE TO WEALTHAl-Futtaim is one of the biggest names in Dubai and, increasingly, the wider Middle East’s retail, automotive and property development sectors. World-class brands, retailers, car manufacturers and property developers in the Middle East will almost certainly find themselves a competitor or partner of a Futtaim business.

This 12-page report takes a close look at the family and:

l examines where it came from and where it is going;

l considers its historical roots and the sources of its significant wealth;

l presents its major assets, providing profiles of its businesses and biographies of its key personalities.

The report also highlights the risks and opportunities associated with the Al-Futtaim. It explains how politics and business combined to create an immense family fortune. It reveals, for example, how the family played a key role in infrastructure projects that have defined Dubai (such as the Maktoum Bridge), and continues to be involved in mega-projects today.

Dissecting the two huge Al-Futtaim business portfolios – looking not just at assets, but at the processes and dynamics driving the businesses forward – the report gives insights valuable not only to those who do business in Dubai, but also to anyone interested in the socioeconomic structure of the emirate, and the ways of doing business in the Gulf.

Read more: http://www.gsn-online.com/merchant-family-series-uae-al-futtaim

Published 14th May 2013Special ABCC price: £395.00 excl VAT (usually £495)To order, email Helen Ogden at [email protected]

VALUABLE INSIGHTS FOR INVESTORS IN THE GULF

Oxford Professionals Ltd, an ABCC member company located in London, is delighted to offer a 15% discount on its services to all Chamber members during 2013.

Oxford Professionals Ltd provides professional services in Accounting and the Business Advisory fields. The company’s founder and head is Mr Kinan Haddad ACPA.

The services that the company can provide are:

l Public Accounting;

l Business Advisory;

l Commercial representation in the UK;

l Internal Audit;

l On the job training.

For more details you can visit the company’s website: www.oxford-pro.com

OXFORD PROFESSIONALS LTD EXCLUSIVE OFFER TO ABCC MEMBERS

MEMBERS NEWS 5

JORDAN INTERNATIONAL BANK PLC

As a member of ABCC, we at Jordan International Bank Plc (JIB) would like to take this opportunity to introduce ourselves to fellow members.

We are a UK bank with a Jordanian heritage based in London. Established in 1984, our knowledge and cultural understanding of Jordan and the MENA region, has proven to be of vital importance in assisting our clients successfully fulfil their business transactions in that region.

Through the wide spread networks of our parent companies, The Housing Bank for Trade and Finance as well as Arab Jordan Investment Bank, our experienced and dedicated trade finance team has established its reputation for providing a first class service to clients conducting import/export transactions and requiring letter of credit, letter of guarantee, documentary collection, and forfaiting facilities to banks and counterparties transacting with Jordan, Libya, Algeria and Turkey.

It should be noted that JIB has also established particularly strong links with Turkey and is able to support our clients to fulfil their business opportunities with that market.

If you would like to learn more about JIB and our services, please feel free to contact the undersigned.

Imran ZaidiManager, Trade Finance [email protected] line: +44(0)203 1440 235Website: www.jordanbank.co.uk

NEW MEMBERS6

Fuerst Day Lawson LimitedDevon House58-60 St Kathariness WayLONDONE1W 1JPTel: +44(0)20-7488 0777 / Direct +44(0)20-7265 5233Fax: +44(0)20-7702 3200Email: [email protected]: www.fdlworld.comContactMs Emma HicksCustomer Care and Logistics ManagerBusiness Activity: Food ingredients supplier

Mandarin Oriental Hyde Park Hotel66 KnightsbridgeLONDONSW1X 7LATel: +44(0)20-7235 2000Fax: +44(0)20-7235 2001Email: [email protected]: www.mandarinoriental.com/londonContactMr Paul HermanSales Manager Middle EastBusiness Activity: Hotel, restaurant and hospitality

Dr Mohammad Al-Hezzani CentreLegal Consultant & LawyerRiyadhKing Fahad RoadBuilding No 8415th Floor Office No 25PO Box 8245Email: [email protected]: +966 (0)534503882Business activity: Legal consultancy

Personal Transition Services Limited7-9 North Saint David StreetEDINBURGHScotland EH2 1AWEmail: [email protected]: www.ptsgp.co.ukContactMs Jeanette McRobertsUK ManagerBusiness Activity: Concierge services operating from office in Basrah Airport terminal; hotel reservations in Basrah, Iraq visa services and flight reservation through Qatar Airways.

Risk Reward Limited60 Moorgate, 1st FloorLondon, EC2R 6ELUnited KingdomTel: +44 (0) 20 7638 5558Fax: +44 (0) 20 7638 5571Email: [email protected]: www.riskrewardlimited.comContactMs LisetteMermodManaging DirectorBusiness Activity: Global banking and financial services experts

Dukes London35 St. James's PlaceLondonSW1A 1NYTel: +44 (0)207-318-0898Fax: +44 (0)207-491-9145Mobile: +44 (0)7919-144-207Email: [email protected]: www.dukeshotel.comContactGeeta DefoeDirector of SalesBusiness Activity: Boutique hotel

Vanner Perez Notaries8 St Thomas StreetLONDONSE1 9RSTel: 020-3668 [email protected] James Ian VannerPartnerBusiness Activity: Notary public

Arafa Trading32 AdonesEbrahimi StreetAlexandriaEGYPTTel: +201 0026 00070Fax: +203 5914872Email: [email protected] Wael Mohamed ArafaOwnerBusiness Activity: Export and import; handmade furniture; Egyptian cotton linens, towels; and importers of agricultural products

Garth Coates Solicitors9 Dacre StreetLONDONSW1H 0DJTel: +44(0)20-7799 1600 / Dir +44(0)20-7799 1609Fax: +44(0)20-7222 7441Email: [email protected]: www.garthcoates.comContactMr Garth CoatesPartnerBusiness Activity: UK immigration law

360ict LimitedProvident HouseBurrell RowBeckenhamKentBR3 IATTel: 020 8663 4000Email: [email protected]: Mr Roy CharlesDirectorBusiness activity: IT support services

Brown Rudnick LLP8 Clifford StreetLondonW1S 2LQTel: 44 207 851 6091Fax: 44 207 851 [email protected] ByronLegal Executive AssistantBusiness activity: International law firm

HiBreeds International LimitedThe Grange62 Spixworth RoadOld CattonNORWICHNR6 7NFTel: +44(0)1603-482 444Fax: +44(0)1603-482 611Email: [email protected]; [email protected]: www.hatching-eggs.comContactMr Nicholas ChandlerManaging DirectorBusiness Activity: Exporter of chicken eggs

Carrs of Sheffield (MFG) LimitedTroy House2 Holbrook AvenueHolbrookSHEFIELDSouth Yorks S20 3FHTel: +44(0)114-2510 610Fax: +44(0)114-2510 875Email: [email protected]: www.carrs-silver.co.ukContact Mr Walter GrittiSales ManagerBusiness Activity: Sterling silver, silver plated giftware and cutlery, photoframes and bespoke commissions

Do Systems LimitedUnit 4, The Woodford CentreOld SarumAirfieldSALISBURYWiltshire SP4 6BUTel: +44(0)1722-333 394Fax: +44(0)1722-333 395Email: [email protected]; [email protected]: www.dosystems.comContactMr David GellBusiness Development ManagerBusiness Activity: Aviation, airborne surveillance, border security, maritime security and land use survey

NEW MEMBERS

Jersey Finance Limited4th Floor, Sir Walter Raleigh House48-50 EsplanadeST HELIERJERSEY JE2 3QBTel: +44(0)1534-836 000Fax: +44(0)1534-836 001Email: [email protected]; [email protected]; [email protected]: www.jerseyfinance.jeContactMs Lauren FletcherTechnical ManagerBusiness Activity: Non-profit making organisation that promotes Jersey as an international financial centre of excellence. Funded by members of the local finance industry and the States of Jersey Government, and also have offices in Hong Kong and Abu Dhabi and representation in London, Mumbai and Delhi.

Jumeirah Carlton TowerOn Cadogan PlaceLONDON SW1X 9PYTel: +44(0)20-7235 1234Fax: +44(0)20-7858 7164Email: [email protected]; [email protected]: www.jumeirahcarltontower.comContact Ms Adele TaylorDiplomatic AdvisorBusiness Activity: Hotels *****, Luxury Hotel with 216 rooms and suites, flexible meeting & event space, leisure facilities including spa and swimming pool

Moroso Limited7-15 Rosebery AvenueLONDONEC1R 4SPTel: +44(0)20-3328 3560Fax: +44(0)20-7278 2944Email: [email protected]: www.moroso.co.ukContact Mr Damir EskericaManaging DirectorBusiness Activity: Sofas, armchairs and accessories by well-known designers such as Ron Arad, Carlo Colombo, Enrico Franzolini, Marc Newson, Toshiyuki Kita and Patricia Urquiola. For its quality, on 24 June 1994 the company became the first producer of upholstered furniture in Italy to receive the ISO 9000 certification for firm management and ISO 9001 certification for design, production and customer service.

Reputation Institute16 Park CrescentLONDON W1B 1AHTel: +44(0)20-7291 5345Email: [email protected]: www.reputationinstitute.comContact Mr Raakesh Savji ParmarHead of Business DevelopmentBusiness Activity: Consulting services within reptutation management

Stak (UK) Limited49 Berkeley CourtMarylebone RoadLONDON NW1 5NBTel: +44(0)1895-822 205Email: [email protected]: www.stak-uk.comContactMr Antoine KohlerManaging DirectorBusiness Activity: Global supplier of professional solutions for all aspects of supplies into Middle East and Africa with three main areas of activity: electoral process (all aspects of supplies required for election purposes); electronic registration (specialist products for the registration of people and documents; and protective equipment (from malaria nets to protective clothing). Customised and cost-effective procurement service for large-scale projects including planning, communications, supply and project management.

Strongfield Technologies LimitedStrongfield HouseUnit 289 Manor Farm RoadWEMBLEYMiddlesex HA0 1BATel: +44(0)20-8799 8909Fax: +44(0)20-8799 8901Email: [email protected]: www.strongfieldtech.comContact Mr Vik MongiaBusiness Development DirectorBusiness Activity: Training and also trading in spare parts of aviation

Sunny Gardens Limited536 Lordship LaneLONDONWoodgreen N22 5BYUKTel: +44(0)20-8889 5511Fax: +44(0)20-8889 5533Email: [email protected]: www.huilerie-loued.comContactMr Abdessalem LouedManaging DirectorBusiness Activity: Import-Export and distribution of olive oil

NEW MEMBERS 7

ABCC MEMBER E2S LTD HAS ANNOUNCED THE LAUNCH OF ITS WEBSITE.

Each product page now contains comprehensive resources in addition to the full technical specification.

Datasheets, installation manuals and approval certificates can all be accessed and downloaded per product as well as high and low resolution product images for use in customer presentations, websites and other marketing materials.

Within the product pages it is also possible to add products to a quotation request basket and submit the request to E2S for fast and easy quotes.

Further new features include a list of alarm tone frequencies for audible signals with playable WAV files enabling selection of the ideal warning sound for an application. For system designers and specifiers 2D dimensional drawings in PDF and DWG format are available to assist with creating product specifications.

All new product releases and accreditations will be featured in the news section and case studies of product applications help to demonstrate how E2S continues to provide innovative signalling solutions for projects around the world.

We would like to invite you to visit the website at www.e2s.com to explore the new features and we welcome your valuable feedback.

Contact Maria InkilaMarketing ManagerE2S LtdM: +44 (0) 7551 151 296T: +44 (0) 20 8743 8880F: +44 (0) 20 8740 4200@: [email protected]: www.e2s.com

Choosing your corporate venue is always an important decision because it sets the

tone for the entire event

Contemporary yet stylish, set in the heart of Mayfair, the Arab British Chamber of Commerce business meeting rooms combine a central London location with complete dedication to service and discretion to suit a variety of corporate meetings and events.

Fully equipped venues typically hold: AGM’s, Board Meetings, Conferences, Presentations, Trade Shows, Exhibitions, Workshops, Lectures, Product Launches, Professional Development Seminars. Each venue can be customized to meet the individual requirements of your event.

For venue hire enquires please contact Omar Bdour on [email protected]+44 (0) 20 7659 4860, or visit our website for more information and the range of available venues.

AV and PA system

Plasma screen

Stationery

Wi-Fi

Administration support

Tea & coffee

Fruit juice & biscuits

Still and sparkling water

Pre-ordered catering www.abcc.org.uk/venuehire

& Conference Booking






AV and PA system

Plasma screen

Stationery

Wi-Fi


Tea & coffee










AV and PA system

Plasma screen

Stationery

Wi-Fi


Tea & coffee





CHAMBER NEWS 9

The Modified Standard SASO 2663/2012 and Energy Efficiency Label Licensing concerns Imported and Locally Manufactured Air-Conditioners.

Enforcement Mechanism of the Modified Standard and Sampling Plan at Border/ports of entry – Saudi Customs

Customs will not allow the import or entry of air-conditioners that are not compliant with the modified standard:

Phase 1: Starting 07/09/2013Phase 2: Starting 01/01/2015

SHIPMENT INSPECTION (CUSTOMS)Inspection of shipment will make sure of:

l The presence of correct labels for energy efficiency and safety of the product;

l The presence of the product in the database of SASO

SAMPLING (CUSTOMS)l Sampling of air-conditioners as per the safety sampling plan specified in the Kingdom

l Samples are sent to accredited private testing labs

TESTS (PRIVATE LABS)l Accredited private testing labs conduct safety and energy efficiency tests

l Energy efficiency tests will be conducted in accordance with the modified SASO standard

l The importer will bear the cost of the test as in the case for the safety tests

TEST RESULTSl If the test results are positive, the shipment is allowed into the market

l If the test results are negative, the shipment is not allowed into the market

l Enforcement Mechanism for Locally Manufactured Air Conditioners at Production Line – MoCI

The Ministry of Commerce and Industry (MoCI) will not allow locally manufactured air-conditioners that are not compliant with the modified standard to be sold in the Saudi market.


l Production Line Inspection (MoCI)

Production line inspection to make sure of:

l The presence of correct labels for energy efficiency and safety of the product


SAMPLING (MOCI)l Take one sample of each model currently in production




l The local manufacturer will bear the cost of the test as is the case for imported products and as is the process for safety tests

TEST RESULTSl If the test results are positive, the product is allowed into the market

l If the test results are negative, the product is not allowed into the market

l Enforcement Mechanism for Locally Manufactured and Imported Air- Conditioners in-Kingdom – MoC

The MoCI will not allow the sale of air-conditioners that are not compliant with the modified standard.


l Retailers & Distributors Inspection (MoCI)

Inspection of air-conditioners displayed at retailers and distributors to make sure of:

l The existence of correct labels for energy efficiency and safety of the products


SAMPLING (MOCI)l Sampling of air-conditioners according to the sampling plan specified in the Kingdom




l The manufacturer/importer will bear the cost of the test if the result is negative

l The ministry will bear the cost of the test if the result is positive

TEST RESULTSl If the test results are positive, the product is allowed to be sold in the market

If the test results are negative, the dealer or distributor will be punished and the air-conditioner will be pulled from the market.

Saudi Energy Efficiency Centre

Saudi Standards, Metrology and Quality Organisation.

Saudi Customs

Saudi Ministry of Commerce and Industry.

SAUDI ARABIA STANDARDS 9

NEW RULES FOR IMPORTS OF AIR CONDITIONERS INTO SAUDI ARABIA

Modified Saudi standard SASO 2663/2012 concerns energy labelling and minimum energy performance requirements for air-conditioners.

10 BUSINESS DELEGATION

The Arab-British Chamber of Commerce in partnership with Jordan Investment Board will be leading a high profile multi-sector Business Delegation to Jordan on 19th and 20th October 2013.

The focus of the delegation will be on participating in the First Jordanian-British Business Forum, the initiative which aims to establish commercial relations between Jordanian and British business, and is held under direct patronage of His Majesty King Abdullah II of Jordan.

HOW TO APPLY

For more information or to express your interest in joining the delegation please email Ralph Owczarek on [email protected] or call 020 7659 4897

WHAT IS INCLUDED?

Participation in the First Jordanian-British Business Forum.

Direct guided access to influential decision makers and government.

Pre-arranged group and B2B meetings.

Networking business lunch and dinner.

Return flights from London Heathrow to Amman.

3 nights accommodation at a 5* hotel.

Transfers to/from hotel and all on-ground transportation.

BUSINESS DELEGATION TO

JORDAN 19th & 20th October 2013

In partnership with:

Participate in the First Jordanian-British Business Forum held under direct patronage of His Majesty King Abdullah II of Jordan.

BUSINESS DELEGATION 11

HOW TO APPLY

To take part in the Business Delegation please contact Ralph Owczarek on [email protected] or +44 (0) 20 7659 4897 to request the Delegate Pack.

The Arab-British Chamber of Commerce invites key decision makers from prominent British companies to take part in our multi-sector Business Delegation to Tunisia, taking place on 2nd & 3rd October 2013.

The delegation will provide the opportunity to meet Tunisian government ministers and potential business partners in the country. The focus of the delegation will be on opportunities for trade, investment and joint ventures. We shall, of course, be supported by the British Embassy in Tunis and we shall be meeting with colleagues in the Tunisian Chamber of Commerce.

Whilst all our members are invited to consider joining this trade delegation, members may wish to know that we have been advised that there are particular opportunities for those who are engaged in energy, professional services, including financial and legal advice, ICT, education and training, textiles and retail, automotive components, aeronautics, and of course, outsourcing.

A comprehensive programme of meetings with government officials and private sector commercial decision makers is being arranged. The programme will be tailored to the composition of the delegation. Companies wishing to join us should let us know as soon as possible and in any case no later than 30 August 2013. In that way we shall be able to put together worthwhile programmes for each participant, collaborating closely with our British and Tunisian colleagues on the ground.

WHAT WE OFFER

Direct guided access to influential decision makers and government and business establishments

Pre-arranged group and one-to-one meetings with Tunisian companies operating in sectors relevant to participating companies

Networking business lunches and dinners with cross sector business executives present

Administration and coordination of tailored B2B matching programmes in Tunisia

Return flights from London Heathrow to Tunis

3 nights accommodation at a 5 star hotel located in the heart of the capital’s business centre

Transfers to/from hotel and all on-ground transportation

BUSINESS DELEGATION TO

TUNISIA 2nd & 3rd OCT 2013

The Global Innovation Index combines the experiences of INSEAD partners such as Booz & Company and the Confederation of Indian Industry, in addition to an advisory board consisting of 14 international experts.

In spite of the economic crisis, innovation remains very much alive as research and development spending exceed the levels seen in 2008 in most countries. The report this year highlights the local dynamics in terms of innovation, an aspect which was not enough dealt with globally.

The report points out that at no other point in history has so much money been spent on R&D worldwide. Never before has innovation been so well distributed among countries.

The GII 2013 sheds light on factors leading to the excellence of innovation hubs, such as the role of local ‘champions’ (large corporations), the availability of funding for the development of start-ups, and the importance of path dependency.

Linkages among stakeholders (governments, firms, academia, and society) in the development of innovation capabilities—such as the existence of incubators and technology transfer programmes and the interaction of innovation clusters with local, inter-regional, and global networks and value chains—are included in the analyses.

The classifications for the Middle East and North Africa for the year 2013 are as follows: The first 10 states:

1. UAE and 38 worldwide

2. Saudi Arabia and 42 worldwide

3. Qatar and 43 worldwide.

4. Kuwait and 50 worldwide

5. Jordan and 61 worldwide

6. Bahrain and 67 worldwide.

7. Tunisia and 70 worldwide.

8. Lebanon and 75 worldwide.

9. Oman and 80 worldwide.

10. Morocco and 92 worldwide.

The GII 2013 is a valuable benchmarking tool to facilitate public-private dialogue, enabling policymakers, business leaders and other stakeholders to evaluate progress on a continual basis.

The index ranks 142 world economies using 84 indicators seen as reflecting “innovation capabilities,” as well as actual innovation. To gauge a country’s capacity for invention, the report considers variables like political stability, the availability of education, and regulatory environment. To measure output, researchers counted aspects like new patents, exports, and scientific and technical journal articles.

The index can be found at:http://strat-staging.com/content.aspx?page=data-analysis

UAE TOPS IN ARAB WORLD IN GLOBAL INNOVATION INDEX 2013

BUSINESS & PROJECT NEWS12

UAE BANKS LENDING AT THEIR FASTEST RATE IN TWO YEARS

The financial sector issued the most new loans in June since 2011, as a rebounding domestic economy encourages cash-rich lenders to extend credit to businesses and consumers.

Banks have now extended Dh48.3 billion in new loans during the past six months, outstripping the total lent in the 18 months before that.

Net loans and advances increased Dh16.3bn to Dh1.14 trillion during June alone, reflecting the highest rate of credit growth since September 2011, according to data from the Central Bank.

The National, 19/08/2013

Bahrain-based alternative investment manager Investcorp has agreed to acquire Tyrrells Potato Crisps, the UK manufacturer of crisps and snacks, from Langholm Capital for £100m ($152m).

Founded at Tyrrells Court Farm, Herefordshire in 2002, Tyrrells is recognised for its hand cooked potato and vegetable crisps as well as snacks, including popcorn and savoury nibbles.

This transaction marks the busiest period in Investcorp’s 30 year history for its European Corporate Investment team.

Over the last 18 months, the team has invested in six portfolio companies, including the Scandinavian luxury brand Georg Jensen, and oil services provider Hydrasun.

Available across an array of UK distribution channels, Tyrrells has also expanded internationally, with markets such as Germany, France, the Netherlands and North America now accounting for about 20 percent of group turnover.

The company employs 270 people and generates in excess of £100m in retail sales value.

Mohammed Al-Shroogi, president for Gulf Business at Investcorp said: “Tyrrells’ international footprint and significant growth potential makes it an attractive addition for our investment portfolio.

Arabian Business, 02/08/2013

BAHRAIN’S INVESTCORP BUYS UK SNACKS FIRM FOR $152M

The United Arab Emirates has been ranked first in Arab world and 38th in the world, according to the Global Innovation Index (GII) 2013, issued by Cornell University and INSEAD, a leading international business school and the World Intellectual Property Organisation (WIPO), a specialised agency of the United Nations.

BUSINESS & PROJECT NEWS 13

In its first project for the Kuwait Foreign Investment Bureau (KFIB), Happold Consulting, the consultancy arm of Buro Happold, is charged with creating an economic framework and functional plan to help develop the zones “to their maximum potential”.

The 12-month commission involves development of a competitive and best practice database, a baseline study of Kuwaiti and regional economic trends, and development of a detailed decision-making framework that will enable KFIB to establish a range of economic, financial, regulatory and institutional approaches to delivering the zones.

Dr Jim Coleman, head of economics at Happold Consulting, said: “This is a very exciting project for us... we look forward to supporting KFIB in setting out a robust strategy for the viable, long term development of special economic zones in Kuwait.

“The twin challenges of promoting economic diversification and enhancing national competiveness play to our team’s strengths and we commit to providing a highly practical, evidence-based strategy for all the stakeholders involved.”

KFIB was launched in 2001 by the Ministry of Commerce and Industry in Kuwait to implement Law No. 8 regulating direct foreign investment.

In May, Kuwait said it will establish a government authority to promote foreign investment into the country as it moves towards diversifying its economy.

The new authority, to replace the Foreign Investment Office, will be managed within the Ministry of Commerce and Industry and aims to improve legal and economic conditions to entice foreign investors to Kuwait, it was reported.


UK CONSULTANCY TO HELP SET UP KUWAIT ECONOMIC ZONESLondon-based Happold Consulting has won an appointment to support development of three Special Economic Zones (SEZs) in Kuwait.

BRITISH AIRWAYS BOOSTS AFRICAN FOOTPRINT

British Airways is set to increase its schedule to Marrakech from daily to 10 flights a week and a third weekly service to Agadir, Morocco from October.The services will increase to Marrakech from October 28, while the third flight to Agadir will start on October 29. The additional frequencies go on sale immediately, said a statement.

Meanwhile, three additional frequencies to Johannesburg, South Africa were added, in addition to the existing double-daily services. Daily direct flights to Cape Town were also doubled for the summer, it said.

Trade Arabia, 27/06/2013

RISING DEMAND FOR RENEWABLE ENERGY IN MENA

Steady economic and population growth has led to an increase in energy demand to meet rising electricity and desalinated water needs in the Middle East and North Africa (Mena) region.

The Mena Renewables Report published by the International Renewable Energy Agency (Irena) and Renewable Energy Policy Network for the 21st Century (REN21), estimates that investments worth $145.7bn will be needed for power generation from 2013 to 2017 in the region. Of this, investments worth $63.1bn will be spent in the GCC alone.

The growth in the regional renewable sector is attracting sharp interest from investors and the latest issues will be debated at the forthcoming Power + Water Leaders Forum in Abu Dhabi, taking place on 23 September in Abu Dhabi.

The Peninsula, 12/08/2013

The sukuk received regulatory approval from Oman's Capital Market Authority (CMA) on 26 June 2013, and the private placement for the five-year RO50m (£85m) sukuk is on track to close in July.

The sukuk will be issued by a special purpose vehicle, Modern Sukuk Company S.A.O.C. The proceeds of the sukuk will go towards repaying the existing debts of Tilal and expanding the Muscat Grand Mall.

Salman Ahmed, partner and head of Islamic finance MENA at Trowers & Hamlins, commented: " This is a very significant achievement for Tilal and could not have been achieved without the assistance and guidance of the CMA. We are certain this would pave the way for other issuers to enter the sukuk market in Oman very soon."

Mohsin Shaik Sehu Mohamed, head of Islamic finance at Al Madina Investment, the lead arranger for the transaction, added: "We are very pleased to have received approval for this sukuk, and we already have two more Omani sukuk in the pipeline. We are seeing Omani domestic investors, including pension funds and insurance firms, express interest in the sukuk and we believe it could have a broader regional appeal, in particular from Qatar."

Over the past three years Trowers & Hamlins has been leading the way in developing the Islamic finance sector in Oman. Last year the firm advised on the formation and launch of Oman's first Islamic bank, Bank Nizwa.

Trowers & Hamlins, 01/07/2013

FIRST-EVER CORPORATE SUKUK ISSUE IN OMAN International law firm Trowers & Hamlins has advised Tilal Development Company S.A.O.C. (Tilal) on the first-ever corporate sukuk issue in Oman.

BUSINESS & PROJECT NEWS14

Saudi Arabia’s government has set aside around $7 billion to spend on water sector related projects this year and this is expected to go up as more projects are in the pipeline.

They include desalination and wastewater treatment projects.

Kuwait Financial Center (Markaz) recently published the executive summary of its report on KSA Water.

The report said Saudi Ministry of Water and Electricity has already pointed out that around $133bn will be invested in the water and electricity sector in the coming decade.

Yanbu phase 3 desalination project, which is currently in construction, is estimated to be worth $2bn, another major desalination

project is Ras Al-Khair desalination plant, which is worth $1.5bn.

Similarly billions of worth of wastewater treatment plants are at the construction and in planning stage.

Huge investments in this area are expected to happen in coming years and Saudi Arabia prefers the private sector in operations and maintenance.

GCC countries, including Saudi Arabia, have been identified as the world’s most water-stressed countries, with very low amount of available water per capita. The groundwater level is continuously receding and the water extraction is exceeding the availability of natural renewable water resources.

Desalination is the main source of water in Saudi Arabia and even though this requires high amounts of energy to convert sea water into drinking water, it is still the most viable solution for the country.

Saudi Arabia operates 27 desalination plants and produces close to 3 million cubic meters of water per day.

Arab News, 09/08/2013

SAUDI ARABIA SPENDING ON WATER PROJECTS TO REACH $7BN IN 2013

Iraq has invited international companies to build part of a new oil export pipeline linking the country’s northern Kirkuk fields to Turkey, an oil ministry spokesman said.

The stretch of pipeline through Iraqi territory will act as a backup to an existing pipeline that has suffered repeated bomb attacks and technical faults, said oil ministry spokesman Asim Jihad.

"A new export pipeline will provide flexibility to make oil flows continue if we have any issues with the old line," he added.

The pipeline may link to an existing route on the Turkish side, but several options are being considered, Jihad said.

Nine of the 15 international service companies invited to the tender have submitted bids, he said.

The winning bid is expected to be chosen in September.

Gulf Daily News, 06/08/2013

IRAQ SEEKING FOREIGN FIRMS FOR PIPELINE

QATAR TO LAUNCH NEW WATER AND POWER PROJECTS Qatar is set to augment its water and electricity production capacity by launching new projects and enhancing existing infrastructure.

Government agencies have signed agreements to meet production and distribution targets of the utilities by 2016, according to a 2012-2013 report released by the General Secretariat of the Council of Ministers.

The report said a separate study is underway to boost production of the utilities to meet projected demand in 2030.

A feasibility study on linking Qatar’s water network with the GCC is also underway.

A survey to identify the ideal locations for new plants and transmission lines is fast progressing.

The report said an agency had been tasked to study the possibility of producing potable water from sea water through reverse osmosis technology and oversee implementation of a model to verify the success of the technique.

Another study is afoot to generate solar power for the farm sector as part of an agriculture production project launched by Qatar National Food Security Programme and to increase the production capacity to meet water demand in emergency situations.

Qatar’s water and electricity sector is working along its GCC counterparts to develop a long-term strategy for water production and distribution.

It is also engaged in finalising a draft study on linking the GCC electricity network with the Arab network with the support of the World Bank and the Arab League.

The Peninsula, 12/08/2013

YEMEN ALLOWS 18 OIL FIRMS TO BID FOR 20 BLOCKS

Yemen has allowed 18 international oil firms to bid for 20 onshore and offshore blocks in the sixth auction issued by the Oil Ministry, the state news agency Saba said.

Saba quoted Ahmed Dares, Yemen's oil minister, as saying that 45 foreign firms had presented applications to bid for the blocks, of which nine are onshore and 11 offshore.

Of the 45, only 18 had qualified to bid.

The auction aims to increase Yemen's oil and gas output through foreign investment, Dares was quoted as saying.

The 18 firms include Hunt Oil and Gas, Norway's, Circle Oil, Kuwait Foreign Petroleum Exploration Company (Kufpec), Pakistan Oilfields and Dana Gas.

Reuters, 19/08/2013

BUSINESS & PROJECT NEWS 15

CONSTRUCTION OF NEW SAUDI ‘MEGA CITY’ TO BEGIN

An Indian developer said it would soon begin construction of a new mega city in Saudi Arabia, worth SR10.9bn ($2.9bn).

The development in Rabigh, Makkah Province, will include an advanced hospital, a petrochemical plant, other industrial areas, schools, mosques and residential villas and cover 20m sqm of land formerly owned by a former Rabigh governor.

Gammon Group signed a deal last year to design, finance and build the city about 150kms north of Jeddah. It is expected to create more than 3,000 jobs.

The company said construction would be completed in phases over nine years.


UK construction giant Carillion has won a £130m ($200m) contract to build a five-star hotel in Abu Dhabi via its UAE-based joint venture, according to a bourse filing.

A statement on the London Stock Exchange said that Al Futtaim Carillion had been handed the work by UAE government development firm Mubadala to design and build the Four Seasons property.

Located on Al Maryah Island in the emirate’s new Central Business District, the luxury hotel will have floor area of 100,000 sqm and will be 144m high. Construction will start before the end of June and is scheduled for completion by the close of 2015.

“We are delighted to have been selected for this prestigious contract, which reflects our reputation for delivering high-quality projects,” said Carillion CEO Richard Howson.

“We look forward to working with Mubadala to design and build this state-of-the-art hotel and to building on the strong, long-term relationship we have with Mubadala in Abu Dhabi.”

Construction Week, 27/06/2013

UK BUILDER WINS $200M UAE FOUR SEASONS DEAL

Kuwait-based Kout Food Group has bought British roadside dining chain Little Chef for about 15 million pounds ($23m).

Kout, which also owns the Maison Blanc bakery chain in southern England and more than 40 Burger King and KFC sites in Britain and Kuwait, bought Little Chef from RCapital, the private equity firm said on Sunday.

The popular diner, founded in 1958, was saved from liquidation in 2007 when it was bought by RCapital, which specialises in turning around loss-making businesses.

Kout “has exciting plans to revitalise the Little Chef brand,” said Fadwa al-Homaizi, chairwoman of Kout’s UK arm.

“Little Chef will benefit from a process of brand renewal in keeping with current trends, supported by traditional British values,” she added.

The restaurants are now back in the red and serving more than 6m customers a year, according to the BBC, 4 August 2013.

KUWAITIS BUY UK’S LITTLE CHEF RESTAURANT CHAIN

The new railway will allow millions of pilgrims to cross the 444km between the two cities at speeds of 320kmh.

Gérard Glas, rail sector head for Tata Steel, said: "This is a prestigious project which will see the holy cities being linked by rail for the first time.

"Tata Steel is delighted to be contributing to this high-speed line, which will have to overcome some major challenges presented by building a high-capacity rail line across some of the most extreme terrain in the world."

Steel for the project will be made at Tata Steel's Scunthorpe plant in the UK before being rolled into rail in lengths of 25 metres both there and at the company's plant in Hayange, Northern France, he said.

Work on producing the rail will start at the end of this year and is expected to continue throughout 2014.


A Kuwaiti business has bought the famous UK roadside restaurant chain Little Chef.

TATA STEEL WINS DEAL FOR SAUDI HIGH-SPEED RAIL PLANTata Steel Europe has won an order to manufacture 60,000 tonnes of high-quality rail for a new high-speed line linking the two holy cities of Makkah and Madinah in Saudi Arabia.

A recent report from Deloitte entitled ‘Insight into the Qatar construction market and opportunities for real estate developers’ examines the construction market in Qatar and assesses the opportunities for real estate developers in the country.

Having been selected to host the FIFA World Cup in 2022 has given Qatar the opportunity to position itself as a regional sporting hub. Qatar National Vision 2013 and programmes such as Q2022 are focusing on leaving a legacy for Qatar in terms of sports facilities, infrastructure and economic development.

The Deloitte report looks into the government’s strategy of promoting sustainable tourism with the purpose of attracting more tourists and visitors. Projects such as the Qatar-Bahrain causeway is one example of this strategy and will help drive regional tourist arrivals.

In terms of infrastructure, the report examined Qatar’s plans to invest over $140 billion in transport infrastructure in anticipation of the World Cup. Plans to construct new roads and a metro system have been put forward in order to support the anticipated influx of football-related visitors in addition to the airport expansion which is already underway.

Deloitte experts expect this influx will also bring with it an increase in demand for accommodation, with numerous global chain hotels actively considering investments in the country.

In this respect, the Qatar Tourism Authority plans to invest about $20 billion on tourism infrastructure as the number of tourist arrivals grows at a rate of 15.9% compounded annually, to reach a projected 3.7 million by 2022. This growth in visitors

also creates new opportunities for the development of commercial units, such as various shopping malls around Qatar.

There is a significant demand for affordable properties as currently the supply of housing is scarce and with an increase in population forecasted in Doha over the coming years, construction of affordable residences is set to increase.

Affordable accommodation currently on the market has performed well. Golden Tulip, Hilton Worldwide and the Starwood Group are actively considering investments in this sub-sector in Qatar, according to Deloitte.

The top 20 projects by value in Qatar, according to MEED, include:

1. Lusail City2. Qatar Integrated Rail Project3. Hamad International Airport4. Local Roads and Drainage Scheme5. Barzan Gas Development6. Barwa City Development7. Doha, Lusail and Dukhan Highways8. Education City9. Ras Laffan Complex10. New Doha Port11. Pearl-Qatar12. Ras Laffan Olefins Project13. Msheireb14. Transmission Project15. World Cup stadiums16. Inner Doha Re-sewerage Implementation Strategy 17. Al-Waab City 18. Doha Festival City 19. Al-Jawhara City 20. Barwa al-Baraha

An estimated of $168bn (87%) of the remaining work for these projects is anticipated to be awarded over the next few years. Lusail Real Estate Development Co. is expected to award $3bn worth of contracts over the next year for infrastructure and roads as part of developing the new Lusail city. The project is expected to be completed by 2019 just before the World Cup.

Additionally, new contracts up to $3.3bn are expected to be awarded as part of Doha’s New Port project by the end of the year.

It is evident that through Qatar’s investment in infrastructure currently underway there

will be immense opportunities for developers in the region and beyond. According to Deloitte the successful bidders will have to take into consideration a number of factors such as alignment with Qatar’s strategic objectives, adherence to sustainability and health and safety standards, innovation, quality and with an overall focus on the legacy theme, which is embedded in the strategy for delivering the Qatar 2022 World Cup and implementing the National Vision.

The full report can be found at:

http://www.deloitte.com/assets/Dcom-MiddleEast/Local%20Assets/Documents/Services/FAS/me_fas_qatar-construction-market_052013.pdf

QATAR16

QATAR CONSTRUCTION MARKET AND OPPORTUNITIES FOR REAL ESTATE DEVELOPERS

Aspire Academy for Sports Excellence, Doha

Doha business district

Khalifa International Stadium, Doha

OMAN 17

Oman’s macroeconomic developments remained impressive for a third consecutive year in 2012, with robust growth in real gross domestic product (GDP), low inflation, a balance of payment surplus, and a better fiscal position, the Central Bank of Oman (CBO) said in its annual report.

The report noted that oil prices remained at a comfortable level alongside increases in production and the subsequent growth in government revenues.

The CBO report pointed out that the three years from 2010 to 2012 were characterised by high growth and low inflation. In 2012, the trend was further reinforced with even lower inflation.

The average inflation based on the consumer price index was lower, at 2.9 per cent, compared with 4.1 per cent in 2011.

GDP GROWTHThe Sultanate's GDP at current prices continued to increase in double digits by 11.6 per cent in 2012, as against 19 per cent in 2011, primarily due to a rise in both oil prices and oil production.

"Total revenue (net of transfers to reserve funds) increased by 32.5 per cent during 2012 and constituted 46.9 per cent of the GDP over and above a rise of 34.2 per cent during 2011 (39.5 per cent of the GDP)," the report stated.

The total expenditure of the government rose by 26.2 per cent during 2012, as compared with a rise of 34.8 per cent during 2011. The total government expenditure as a percentage of the GDP increased to 45.1 per cent in 2012 from 39.9 per cent in 2011.

The increase in total expenditure was mainly due to a sharp increase in current expenditure by 43.7 per cent, as against 27.4 per cent in 2011.

"The bulk of current expenditure was for defence and national security, constituting 54.1 per cent of current expenditure and rising sharply by 85 per cent during 2012."

FISCAL SURPLUSThe net result of higher oil revenues and an increase in expenditure was a fiscal surplus of OMR525.3 million during 2012. The fiscal balance as a percentage of the GDP amounted to 1.7 per cent in 2012, as against a small deficit of 0.4 per cent of the GDP in 2011.

In the near term, with crude oil prices in international markets expected to remain at a higher level, the overall fiscal situation is expected to remain strong.

The major drivers of growth in Oman in recent years have been recovery in the prices of crude oil in international markets, sustained domestic demand —mainly supported by large public expenditure — and accommodative monetary policy pursued by the CBO. All these factors are expected to remain favourable in the near future.

It is expected that the government will be able to pursue an expansionary fiscal policy to sustain the current momentum in growth. "The main risks that could affect growth prospects are a further slowdown in global growth and a substantial drop in oil prices."

OILBenefiting from the favourable price developments, the petroleum sector output grew by 10.9 per cent in 2012, over and above the 36.1 per cent seen in 2011.

The average price of Omani crude oil increased by 6.5 per cent to $109.6 per barrel in 2012 from $103 per barrel in 2011.

Oil production rose to a daily average of 918,500 barrels in 2012 from 884,900 barrels in 2011. On an aggregate basis, oil production rose by 4.1 per cent to 336.2 million barrels in 2012 from 323 million barrels in the previous year.

Total oil exports rose by 3.9 per cent to 279.8 million barrels in 2012 from 269.4 million barrels in the previous year.

The production of natural gas registered an increase of 9.2 per cent to 37,919 million cubic metres in 2012 from 34,716 million cubic metres in the previous year.

Oil and gas revenues as a percentage of the GDP stood at 40 per cent in 2012 and accounted for 85.4 per cent of government revenues and about 70 per cent of total merchandise exports last year.

Given the demographic profile of Oman, with its high proportion of youths in the population, the focus of the government has been to create more employment opportunities for Omani youths joining the labour force.

As a result of initiatives made by the government to create employment in the public sector, employment in the public sector during 2011 (data available only up to 2011) increased sharply by 12.5 per cent, as compared with 2.8 per cent in the previous year.

Of the total employment in the public sector, the employment of Omanis stood at 86.3 per cent in 2011, as compared with 85.6 per cent in 2010, indicating the steady progress of Omanisation in the country.

During 2012, private-sector employment increased by 15.4 per cent, compared with 13.7 per cent in the previous year.

PRIVATE SECTORPrivate-sector employment is typically dominated by expatriates. Of the total employment in the private sector, expatriates accounted for 88.4 per cent in 2012, compared with 86.5 per cent in the previous year.

Their large presence in this sector indicates a higher demand for such labour in a variety of activities.

The construction sector continued to absorb the maximum number of expatriates, with its share in private-sector employment rising to 44.3 per cent in 2012, compared with 43.4 per cent in the previous year.

Times of Oman, 20/06/2013

OMAN GROWTH INDICATORS ‘IMPRESSIVE’

TRADE AND DEVELOPMENT18

INVESTMENT AND VALUE ADDED TRADE IN THE GLOBAL ECONOMY

In its latest World Investment Report, UNCTAD aims to answer a number of basic questions that are top of the mind for policymakers and the development community.

Some of these key questions include:

l How much value added does trade actually generate?

l Which countries incorporate the most foreign value added in their exports?

l Which industries have the most segmented value chains?

l How much value added do countries get out of their exports?

l How significant is value added trade to countries’ GDP?

l Which countries participate most in Global Value Chains?

l How much value are developing countries capturing from trade?

l To what extent are developing country exports integrated in GVCs?

l What is the role of TNCs in global trade?

l How do international production networks of TNCs shape value added trade?

l How does the presence of TNCs affect countries’ GVC participation?

l What is the impact of value added trade and GVCs on economic growth?

l Is there a trade-off between GVC participation and domestic value added?

l Are there different GVC development paths?

Global investment and trade are inextricably intertwined through the international production networks of firms investing in productive assets worldwide and trading inputs and outputs in cross-border value chains of various degrees of complexity. Such value chains (intra-firm or inter-firm, regional or global in nature, and commonly referred to as Global Value Chains (GVCs) shaped by TNCs account for some 80% of global trade.

The report examines the mechanisms through which GVCs can contribute to development (e.g. market access,

employment generation, productive capacity building), as well as the risks involved for developing countries (e.g. social and environmental sustainability impact, the risk of remaining locked into low value adding activities, footlooseness of activities or vulnerability of production due to cyclical factors). And it will assess the implications for national and international trade and investment policies.

GVCs are responsible for the growing significance of “double counting” in global trade figures. The new data shows that some 28% of gross exports consist of value added that is first imported by countries only to be incorporated in products or services that are then exported again. Thus some $5 trillion out of the $19 trillion in global gross exports (in 2010 figures) is actually double counted.

GVCs make extensive use of services. While the share of services in gross exports worldwide is only around 20%, almost half (46%) of value added inputs to exports is contributed by service-sector activities, as most manufacturing exports require services for their production. In fact, a significant part of the international production networks of TNCs are geared towards providing services inputs, as indicated by the fact that more than 60% of global FDI stock is in services activities (26% in manufacturing and 7% in the primary sector). This picture is similar in both developed and developing economies.

The majority of developing countries, including the poorest, are increasingly participating in GVCs. The developing country share in global value added trade increased from 20% in 1990 to 30% in 2000 to over 40% today. Again, the role of TNCs is instrumental, as countries with a higher presence of FDI relative to the size of their economies tend to have a higher level of participation in GVCs and a greater relative share in global value added trade compared to their share in global exports.

GVC links in developing countries can play an important role in economic growth. Domestic

value added created from GVC trade can be very significant relative to the size of local economies. In developing countries, for example, value added trade contributes some 28% to countries’ GDP on average, as compared with 18% for developed countries.

Furthermore, there appears to be a positive correlation between participation in GVCs and GDP per capita growth rates. Economies with the fastest growing GVC participation have GDP per capita growth rates some 2 percentage points above the average.

There appear to be a number of distinct GVC development paths for developing countries, including “engaging” in GVCs, “upgrading” along GVCs, “leapfrogging” and “competing” via GVCs. The best development outcome may result from increasing GVC participation and upgrading along GVCs at the same time.

Countries that, over the last 20 years, managed to grow both their participation in GVCs and their domestic value added in exports experienced GDP per capita growth of 3.4% on average, compared to 2.2% for countries that only increased their participation in GVCs without “upgrading” their domestic value addition.

In terms of policy implications, UNCTAD says that GVCs can be an important avenue for developing countries to build productive capacity, including through technology dissemination and skill building, opening up opportunities for longer-term industrial upgrading.

However, such potential benefits of GVCs are not automatic, it warns. Policies matter, including a set of coherent and mutually reinforcing trade and investment policies, as well as the right overall development strategies.

The World Investment Report 2013 can be found here:

http://unctad.org/en/PublicationsLibrary/wir2013_en.pdf

KUWAIT 19

KUWAIT HEALTHCARE PRIVATISATION MOVES AHEAD

Ambitious plans to privatise segments of Kuwait’s health care services are gaining momentum as the government makes a two-fold bid to reduce waiting times at state hospitals and attract new investment for the sector.

The Kuwait government has already taken action to boost private sector participation under its wide-ranging $110bn development plan by setting up public-private partnerships (PPPs) that will roll out several major projects.

While a lack of external investment has hindered previous attempts to galvanise health care privatisation, the administration’s latest initiatives look set to generate considerably more interest among businesses.

One of the government’s priorities is the privatisation of health care services for Kuwait’s sizeable population of expatriate workers. The initiative has been on the administration’s agenda since legislation passed in 2010 enabled the state to begin privatising sectors of the economy.

Expatriate workers account for two thirds of Kuwait’s 2.82m population, according to local media. The government currently provides nationals with free health care, while foreign workers make an annual payment of $175 that can rise if additional services, such as X-rays, are required.

In March, the Ministry of Health approved a proposal that will overhaul access to public medical care by allotting nationals and expatriates separate times for hospital visits.

Jahra Hospital, west of Kuwait City, began trialling the new system in mid-July for a six-month period. Under the pilot, Kuwaitis are given access to state hospitals in the mornings, while expatriates have been allocated the afternoons. Exceptions will be made for emergency cases. The programme is expected to be rolled out across all public health care facilities, pending the outcome of a review at the end of the trial.

Kuwait’s 2010 privatisation law forms a key component of the country’s four-year $107.3bn development plan, which is aimed at reducing oil dependence and boosting

the private sector. Reforms have enabled the administration to establish several ambitious PPPs, including a venture for the construction of a 500-bed hospital near Al Andalus. The government is keen to boost the number of beds available for patients by adding to the country’s 20 public and 21 private hospitals.

In September 2012, the names of the companies that can be considered for the project were made public. Carillion, Habtoor Leighton Group, Al Ghanim International, and a consortium of companies including Bouygues Batiment International, Ahmadiah Trading & Contracting, EDTE, Gulf Investment Corporation, Infrastructure Holding Company and Mubadala Infrastructure Partners, were among the names appearing on the list. The government’s Partnerships Technical Bureau expects a decision on the project to be made by the end of the year.

The setting up the Kuwait Health Assurance Company (KHAC), an expansive PPP operating under the Ministry of Health, is also expected to speed up sectoral reform. The company, which was launched in 2011 as part of the government’s bid to accelerate privatisation across the sector, is set to roll out more than 800 health care projects, including three hospitals and 15 primary

health care clinics by 2015. Ownership will be divided among private investors (26%), the government (24%) and free-float Kuwaiti shareholders (50%).

Once fully operational, the KHAC’s core activity will be the provision of health care coverage to most expatriates. The company will deliver services at pre-set prices similar to the processes used by US health maintenance organisations. It will also provide health insurance to 60% of the country’s expatriates. With an expected capital base of KD318m ($1.1bn), and an anticipated workforce of 8400 full-time employees, the company could well become one of the largest organisations in its field across the Middle East.

However, moving the project forward has not been straightforward for the Kuwaiti government. The first round of tendering for private investors in 2011 produced only one bidder, Agility Logistics, prompting the government to put the project out again in April 2013.

Results from the second round of bidding were more positive. In early July, investment group Kuwait Projects Company (KIPCO) announced it would bid for a KD25.6m ($89.62m) stake in KHAC, joining Agility and other bidders, which include National Real Interest Estate, Arabi Holding Group, Yiaco Medical Company, Jiblah Holding and Al Essa Medical Equipment.

Although Kuwait has encountered challenges to its health care privatisation plans, the latest round of KHAC bidding suggests that the private sector is beginning to recognise the opportunities emerging within the sector. New facilities, which will be rolled out across the state by PPPs, should ease the longstanding burden on public health facilities and open the door for investors and insurance companies, setting the scene for the sector to expand.

OBG, 02/08/2013

LEGAL20

The purpose of this article is to give an overview of what arbitration is, describe the different types of arbitration, and discuss arbitration proceedings administered by the Abu Dhabi Commercial Conciliation and Arbitration Centre (ADCCAC).

WHAT IS ARBITRATION?Generally speaking, arbitration is a form of private dispute resolution where the parties agree to resolve their dispute before a Tribunal comprising either a sole arbitrator, or multiple arbitrators (most often three arbitrators). The Tribunal’s decision—known as an Award—is usually final and binding on the parties.

Arbitration is a private means of dispute resolution in the sense that it is detached from a State’s court system. The parties will agree on the framework of the proceeding, including the applicable law, the procedural rules, the language of the arbitration and so on.

The parties can agree to keep the matter confidential. Accordingly, the proceedings and the Tribunal’s decision will not be made known to the public by way, for example, of a publication in a court report or a public court hearing. In this sense, parties who are concerned in safeguarding their commercial interests, may find arbitration more appealing than court proceedings.

Arbitration is founded on the principal that the parties have consented to arbitrate the dispute that has arisen between them. Accordingly, a dispute can only be referred to arbitration if the parties agree. This agreement is usually recorded in an arbitration clause in the main contract or can be provided for in a subsequent agreement. The implication of such an agreement is that the Tribunal may only decide on the issues that the parties have expressly agreed to submit to arbitration. Should the Tribunal decide on any other issues, the Tribunal’s Award may be challenged at a later stage on the grounds that the Tribunal has exceeded its scope of competence.

THE KEY ADVANTAGES OF ARBITRATION ARE:Expertise of the Tribunal: in most cases, the parties will have a say as to who is appointed to the Tribunal. For disputes involving issues specific to a trade practice or industry, parties

may find that having a Tribunal with the knowledge and experience in the same area will be helpful in identifying the issues in dispute.

Awards are binding: in most cases, once the Tribunal renders its Award; the parties are bound by the decision and may not appeal it, except in very limited circumstances.

Enforcement: Arbitral Awards can be enforced in a number of ways. Under the 1958 New York Convention on the Recognition and Enforcement of Arbitration Awards of 1958 (the New York Convention) which has over 140 signatories, arbitral Awards can be enforced in any of the states that are party to the Convention. A State court may only refuse to recognize and enforce an arbitration Award on a limited number of grounds—which can be summarized as amounting to a violation of public policy or due process or, as mentioned above, when the arbitrators have exceeded the scope of the arbitration agreement. In the Middle East, arbitral Awards can also be enforced in 20 Arab states under the Riyadh Arab Agreement for Judicial Cooperation.

Flexibility: in arbitration, the parties can agree on the timing of the procedural steps in the proceeding including the fixing of a hearing date. This gives the parties significant flexibility to fit the proceeding around their commercial commitments.

DIFFERENT TYPES OF ARBITRATIONIn commercial arbitration, the parties may agree to submit their dispute either to an arbitration institution or proceed without an institution, in which case it is referred to as an “ad hoc” arbitration.

1. INSTITUTIONAL ARBITRATIONAn institutional arbitration is where the parties agree to refer their dispute to a specialised arbitration centre who will oversee the administration of the arbitration process. The most widely used arbitration institutions in the UAE include the London Court of International Arbitration (LCIA), the International Chamber of Commerce (ICC) in Paris, the DIFC/LCIA Arbitration Centre in the Dubai International Financial Centre and the Dubai International Arbitration Centre (DIAC) in Dubai. Each arbitration institution has its

own sets of rules which set out the procedures for the commencement of the arbitration, the appointment of the Tribunal, the conduct of the proceedings and the issue of the Award.

One of the reasons contracting parties may prefer an institutional arbitration over an ad hoc arbitration is that in an institutional arbitration the institution will provide administrative assistance to help keep the proceedings on track. The institution will also ensure that the procedural rules of the arbitration will be observed by the parties throughout the course of the proceeding.

2. AD HOC ARBITRATIONAs opposed to institutional arbitration, ad hoc arbitration is a proceeding whereby the parties will not be assisted by any institution. The parties will therefore have to agree on all aspects of the arbitration proceeding including the applicable procedural rules, the appointment of the Tribunal, the applicable law, etc. Ad hoc arbitration can potentially be faster than institutional arbitration as the parties have more flexibility in determining the conduct of the proceedings. It can also be cheaper as the parties are not subject to the payment of administrative fees applicable to institutional arbitrations.

In order for an ad hoc arbitration to run smoothly, a certain degree of co-operation between the parties is required. Where this co-operation is not present, problems can arise. If one party employs delaying tactics or challenges to the arbitration Tribunal’s jurisdiction, then there will be no institution to assist in moving the proceeding forward, and the parties’ only recourse would be to seek the intervention of a national court. It is therefore not uncommon in practice for parties in an ad hoc arbitration to find it difficult to have the proceedings commence and progress in an efficient manner.

ADCCAC ARBITRATIONIn Abu Dhabi, parties may choose to have their arbitration administered by the ADCCAC. ADCCAC was established in 1993 by the Abu Dhabi Chamber of Commerce and Industry as a specialized body whose purpose is to deal with matters “relating to local and international commercial conciliation and arbitration”. Over the course of the last few years, ADCCAC has gained more importance as a number of government contracts require for any dispute arising out of or in relation to the contract to be settled via an ADCCAC conciliation proceeding and/or arbitration. Individuals and companies who are looking to do business in Abu Dhabi should therefore be mindful of this requirement and the risks involved in conducting an arbitration in the UAE.

Although the Centre is the oldest arbitration institution in the UAE, its own procedural rules do not resemble the rules of other well-established institutions. The rules are closely aligned to the UAE procedural rules on arbitration provided under Articles 208 to

COMMERCIAL ARBITRATION IN ABU DHABIBY RICHARD BELL AND REBECCA SOQUIER, CLYDE & CO

LEGAL 21

218 of the UAE Civil Procedure Code, which themselves do not necessarily reflect modern arbitration practice. Despite the fact that arbitration is an increasingly popular and accepted form of dispute resolution in the UAE, we have seen UAE courts continue to rely on the requirements set out in the Civil Procedure Code to annul arbitration Awards. In many cases, Awards have been annulled on simple procedural grounds. Therefore, in order for parties to ensure that an ADCCAC Award is enforceable under UAE law, it is advisable to follow these rules closely as a failure to follow the rules may lead to the Award being annulled. We highlight below a few rules specific to an arbitration proceeding administered by ADCCAC under UAE law:

There must be an Arbitration Deed: Article 216(a) of the UAE Civil Procedure Code provides that a request to annul an arbitration Award may be brought “if it has been rendered without an arbitration deed.” Article 36(b) of the ADCCAC rule sets forth the required form and content of the arbitration deed, which includes the subject of the dispute, a summary of each party’s position and the time period for the arbitration.

The arbitrators must administer the oath to the witnesses: Under Article 211 of the UAE Civil Procedure Code, arbitrators must administer the oath to the witnesses before they present their oral testimony at a hearing.

Each member of the Tribunal is required to sign the minutes of each day during the arbitration hearing. This requirement is set forth in Article 6 of the ADCCAC Rules which provides that minutes of the proceeding must be signed to be registered with the Center.

The Award must be delivered within 6 months of the date of the assignment: Article 7 of the ADCCAC Rules provides that in the absence of an agreement by the parties the arbitration Tribunal must dispose of the case within six months following the assignment. It is unclear from the ADCCAC Rules what is meant by “assignment” but this is generally taken to mean when the Tribunal accepts its appointment. Any action taken after the expiry of the six month period will not be binding on the parties unless there is an agreement in writing to extend the fixed time.

The Award must be in Arabic in addition to any other language: Under Article 3 of the ADCCAC rules, all Awards rendered under the ADCCAC rules must be in Arabic in addition to any other language adopted during the proceedings. In practical terms,

this means that if the Award has been drafted in a language than other Arabic, then it must be translated by a certified translator before it can be registered at ADCCAC.

The Tribunal must sign every page of the Award: Article 212(5) of the UAE Civil Procedure Code specifies that the Award must contain a copy of the arbitration agreement, a summary of the parties’ position and the documents referred to, the grounds for the Award, the pronouncement and date and place of issue of the Award. More particularly, the Award’s validity is subject to it being signed by all the arbitrators on every page of the Award.

CONCLUSIONWhen resorting to arbitration as a means to resolve commercial disputes in the UAE, parties may well find advantages in favouring arbitration over other means of dispute resolution. However, in the UAE, parties must be mindful of the procedural issues they may face in the course of an arbitration proceedings and the possible challenges to the Award that may lie at the enforcement stage. A careful observation of the applicable procedural rules will secure the best chances of having the arbitration Award challenged at the enforcement stage.

Clyde & Co, 07/07/2013

EGYPTThe Egyptian Trademark Office has introduced an electronic Official Gazette (eOG). The eOG is available only in Arabic and is expected to be published on the 7th day of each month. This electronic version contains the particulars of each accepted trademark application and a representative drawing of the mark, along with a list of cancelled and renewed registrations.

It also contains the particulars of the approved recordals of license agreements and transfers of ownership, as well as the particulars of applications of international registrations designating Egypt. The eOG does not include notices of office actions. On the publication date or shortly thereafter, the applicant should carefully review the information that appears in the eOG for accuracy. Any interested party may file an opposition against a published trademark within 60 days from publication date.

UAEA new draft Anti-Commercial Fraud Law was endorsed in January 2013 by the Cabinet in the UAE. The draft law replaces

the Anti-Commercial Fraud Law of 1979 and adds to the existing enforcement mechanisms related to trademark rights.

The UAE Trademark Law (no. 8 of 2007) contains a handful of procedural provisions that can be used to address infringement and counterfeiting. The extent to which a trademark owner may prevent unauthorized use of trademarks which are the same as or similar to its mark depends on various factors such as whether the trademark is registered, the similarity of the trademarks involved, the similarity of the products or services involved, and whether the owner's trademark is well-known.

If a trademark has been registered, then it is much easier in the UAE for the trademark owner to claim its trademark rights and to enforce these rights through an infringement action. For trademarks which are considered to be well-known, infringing use may occur where the use is in relation to products or services which are not the same as or similar to the products or services in relation to which the owner's mark is registered (Article 4 of Law no. 8 of 2007).

Border measures are always a key tool in the fight against counterfeiting and a

critical element of a successful intellectual property enforcement system. In the scope of the continuous efforts to create competent border enforcement measures and to provide effective protection, the Customs in the UAE (Dubai, Sharjah, Ras Al Khaimah, and soon in Abu Dhabi) have established a trademark recordation system for registered trademarks. This system is undoubtedly helping Customs officials target, intercept, and confiscate shipments of infringing goods.

Since in most counterfeiting and infringement cases the main goal of the intellectual property rights owner is to immediately stop the damaging activity, an interlocutory or pre-trial injunction is usually the most desirable remedy. Under the UAE law, an intellectual property rights owner can obtain an interlocutory injunction by showing that (a) there is a serious issue to be tried, (b) damages will not provide adequate compensation for the harm suffered, and (c) the balance of convenience favours granting an injunction.

Saba & Co, IP Bulletin, August 2013

TRADEMARKS AND IP RIGHTS

22 ARABIC SECTION22

المشترون األجانب يرفعون أسعار عقارات لندن الفاخرة

تستمر أسعار مساكن لندن الفاخرة في االرتفاع على خلفية طلب قوي من الخارج، على الرغم من توقعات بأن النمو سيتعرض للوهن هذا العام بسبب إجراءات تتخذها الحكومة لفرض ضريبة

دمغة للتصديق على المستندات.

وفي نيسان (أبريل) الماضي ارتفعت أسعار %، ما 0.7العقارات الراقية في وسط لندن بنسبة

% تقريبا منذ 3يعني أن األسعار ارتفعت بنسبة مطلع العام حتى اآلن، وفقا لبيانات جديدة من فرانك نايت، شركة الوساطة العقارية المختصة ـ في تعامالت العقارات الراقية. وخالل الشهور ال

الماضية ارتفعت أسعار العقارات الراقية 12% في العاصمة البريطانية. ويأتي هذا 7.7بنسبة

النمو على الرغم من توقعات من قبل أربع من وكاالت العقارات الراقية بأن النمو سيكون صفرا

بسبب األثر المترتب على إجراءات 2013في الضريبة على التصديق، المفروضة من الحكومة

تي أدخلت في ميزانية السنة الماضية. ال

في تطور مفاجئ وصل متوسط السعر المطلوب لشراء منزل في وسط لندن نصف 509.870مليون جنيه إسترليني. وقال موقع "رايت موف" إن سعر منزل بـ

جنيه، خالل الشهر الماضي، أي ما يفوق 16.000جنيها في العاصمة، ارتفع بـ %. 2.7مارس بنسبة االرتفاع الحاصل في

جنيه 249.841ويشار إلى أنه بلغ متوسط سعر العقار في إنجلترا وويلز حدود الـ

إسترليني، وهو بحد ذاته رقم قياسي خصوصا بعد تسجيله الرتفاعات متتالية على مدار الخمسة شهور الماضية. وشهد السوق بداية جيدة خالل العام الحالي هي

مدفوعة بسهولة الحصول على القروض العقارية، فيما ، 2004األقوى منذ عام بقيت كمية العقار المعروض في السوق ضئيلة نسبيا.

من جهة أخرى، أثارت المكاسب األخيرة في السوق العقاري مخاوف من أن تنتج خطط الحكومة في مساعدة البريطانيين على تملك وشراء المنازل، إحداث فقاعة

ورج أوزبورن، مستشار السوق، عدة تدابير بمليارات عقارات جديدة. وأطلق جالجنيهات في شهر مارس الماضي لبعث الحياة في سوق اإلسكان، حيث دخلت مبادرة "المساعدة على الشراء" حيز التنفيذ في يناير الماضي، بقيمة تمويلية تصل

% من سعر العقار.95إلى

ا، من تداعيات المخطط وشدد فيما حذر ميرفين كينغ، محافظ سابق لبنك إنجلترعلى أنه ال يجب أن يكون دائما. وأشار خطاب صادر عن المكتب المسؤول عن الميزانية العامة الشهر الماضي إلى أن مبادرة المساعدة على الشراء تهدد ارتفاع

ووفقا لموقع "رايت موف" فإن لندن والجنوب الشرقي والشرقي من األسعار. % على المساكن خالل الشهر الماضي. وأضاف 2.1بنسبة أنجليا شهد ارتفاعا

هامبرسايد وشرق ميدالند هي المناطق الوحيدة التي سجلت -التقرير أن يوركشاير جنيها إلى 158.020أسعارا أقل عن العام الماضي، حيث بلغت أسعارها بحدود

جنيها إسترلينيا على التوالي. 166,991

وزبورن، ضريبة الدمغة على الوثائق التي يجب أن ورفع وزير المالية، جورج أ%، 7إلى 5تدفع عند مبيعات العقارات التي تزيد قيمتها على مليوني جنيه، من

بنسبة % على العقارات التي تباع وتشترى عن طريق أقسام 15وأدخل رسوماوأعلن كذلك عن ضريبة سنوية جديدة وضريبة الشركات الموجودة في الخارج.

المكاسب الرأسمالية على المساكن التي يقتنيها قسم تابع إلحدى الشركات، وقد على مليون جنيه من 30بدأ مفعولها في الشهر الماضي. وتأمل وزارة المالية أن تجمع

هذه اإلجراءات.

وتشير أبحاث الوكالة العقارية إلى مدى تغير القوى المحركة لسوق لندن، استجابة لى الرغم من حدوث هبوط في عدد مبيعات العقارات التي يقع للرسوم الجديدة. وع

المنتهية 12سعرها بين مليونين وثالثة ماليين جنيه في العاصمة خالل الشهور الـ

% في عدد التعامالت في 6في آخر آذار (مارس)، كانت هناك زيادة مقابلة بنسبة العقارات التي تقل قيمتها عن مليوني جنيه. وهذا يشير إلى أن

بعض البائعين خفضوا أسعار العقارات إلى ما دون مليوني جنيه من أجل اإلفالت

عقارات التي تزيد قيمتها %. لكن عدد التعامالت في ال7من الضريبة العالية بنسبة على ثالثة ماليين جنيه خالل الفترة نفسها ظل على حاله، ما يشير إلى أن الضريبة

% لم تكن عائقا بالنسبة للمشترين األثرياء.2اإلضافية بنسبة

وقال ليام بيلي، رئيس قسم أبحاث العقارات السكنية في نايت فرانك: "في حال ، يبدو أن أثر التغييرات الضريبية يتراجع إلى تساوي جميع العوامل األخرى

بالنسبة للعقارات التي تزيد أسعارها على ثالثة ماليين جنيه". الصفر تقريبا% للعقارات 7وأضاف بيلي: إنه يتوقع أن يكون األثر طويل األمد لضريبة الـ

ثة الراقية هو تقليص التعامالت في شريحة العقارات الواقعة بين مليونين وثال% دون المستوى الذي يمكن أن تكون عليه خالفا لذلك. وعلى 5ماليين جنيه بنحو

الرغم من هذه التقلبات، يقول كثير من الوكالء العقاريين في وسط لندن: إن الطلب اإلجمالي على المساكن في المناطق الراقية في وسط لندن عاد منذ بداية السنة،

ألجانب.مدفوعا بصورة كبيرة بالمشترين ا

وقالت وكالة سافيلز للعقارات: إن النمو غير المتوقع في األسعار يمكن تفسيره بفعل التراجع في قيمة االسترليني، ما يعني أن لندن ال تزال تبدو رخيصة جزئيافي أعين المشترين األجانب. وقال إيد ميد، وهو عضو في مجلس اإلدارة في وكالة

في لندن: "ليست هناك عالمة تذكر على تراجع دوجالس آند جوردون العقارية شهية المشترين األجانب".

لوكالة نايت فرانك، يستطيع المشترون المقومون بالدوالر شراء مساكن ووفقا

على أسعار الذروة في السوق في 7تذكارية في العاصمة بحسم يعادل % قياسا%. أما 11نسبة حسم ، في حين أن المشترين من هونج كونج يتمتعون ب2008

%. وتتوقع 17المشترون البريطانيون فيتعين عليهم أن يدفعوا عالوة مقدارها الوكالة العقارية أن تستمر األسعار في الظهور بمظهر جذاب نسبيا خالل السنوات الخمس المقبلة في أعين المستثمرين األجانب. واستنادا إلى توقعات العملة من

ستكون أسعار 2018صادية، تشير الحسابات إلى أنه بحلول وحدة المعلومات االقت% عن الذروة 6العقارات الراقية في لندن بالدوالر األمريكي معادلة لزيادة بنسبة

% بالنسبة للمشترين البريطانيين. 47مقارنة بزيادة مقدارها –السابقة للسوق

لندن خالل السنتين وقال بيلي: "أعتقد أن كثيرا من الناس نظروا إلى سوق وسطالسابقتين وتساءلوا في أنفسهم: عند أي مرحلة سيبدأ التباطؤ؟ على األرجح كنا أكثر توترا مما كان ينبغي لنا، على اعتبار أنه ال يبدو أن ذلك كان له األثر الذي

كنا نتوقع حدوثه".

ARABIC SECTION 23

زارة التجارة والصناعة)(تقوم به و خط االنتاج في المصانع السعوديةوالفحص على إجراء التفتيش -:اإلنتاج للتأكد من ما يلي خطعلى تقوم الوزارة بالتفتيش

كفاءة الطاقة وسالمة المنتج؛الصحيحة حول التسميات وجود - .SASOالمعدلة في قاعدة البيانات المنتج في وجود -

زارة التجارة والصناعة)(تقوم به يتم أخذ العينات حاليا في خط اإلنتاج؛يوجد موذجمن كل ن عينة واحدة أخذ - الختبار. ل معتمدةخاصة مختبرات إلى عيناتال يتم إرسال -

)خاصةال (في المختبرات االختبارات وكفاءة الطاقة؛ اختبارات السالمة جراءحيث يتم إ يتم االختبار في مختبرات خاصة معتمدة - المعدل؛ SASOمعيار وفقا ل الكفاءة في استخدام الطاقة اختبارات وتجرى -اختبارات هو في عملية المستوردة، وكما منتجاتاختبارات السالمة لل كما هو في حالة االختبار يتحمل المصنع (الشركة المصنعة) المحلي تكلفة -

السالمة.

النتائج اختبار سوق؛بالدخول لل للمنتج يتم السماح إيجابية، نتائج االختبار إذا كانت - في الدخول السوق.منتج ال يسمح لل سلبية، نتائج االختبارات إذا كانت -

تنفيذ مكيفات الهواء آلية زارة التجارة والصناعة)(حسب تعليمات و – مملكةالمستوردة لألسواق في الو المصنعة محليا

الجديدة معدل المعمول بها في المملكة. مع المعايير متوافقة التي ليست مكيفات الهواء ببيع سوف لن تسمح وزارة التجارة والصناعة

2014/01/01 ابتداء: 1 المرحلة 01/01/2015 ابتداء :2 المرحلة

زارة (من قبل الموزعين و تجار التجزئةتفتيش التجارة والصناعة)

مكيفات الهواءلفحص معايير يجري التفتيشمن للتأكد والموزعين المعروضة عند تجار التجزئة

-اآلتي:

كفاءة الطاقة وسالمة الصحيحة ل التسميات وجود - المنتجات

التابعة قاعدة البيانات المنتج فياسم ومقاييس وجود - SASOلـ

زارة التجارة والصناعة)(من قبل و أخذ العينات

العربية السعودية؛المملكة المحددة في أخذ العينات وفقا لخطة مكيفات الهواء من أخذ العينات - هاصة للفحص والمعاينة. معتمدة مختبرات إلى عيناتال يتم إرسال -

)خاصة (في مختبرات االختبارات وكفاءة الطاقة في السلعة؛ السالمةمعايير اختبارلفخص و معتمدهي - ؛SASOالمعدل المعمول به في معيار وفقا لل الطاقة كفاءة اختبارات يتم إجراء - النتيجة سلبية؛ما ظهرت االختبار إذاأجراء تكلفة المستورديتحمل المصنع أو - النتيجة إيجابية.ما ظهرت االختبار إذا وتتحمل وزارة التجارة والصناعة تكلفة -

النتائج اختبار في األسواق السعودية؛ منتجلبيع ال يتم السماح إيجابية، نتائج االختبار إذا كانت - مكيف من األسواق. ال سحبيتم الموزع و أو التاجر، سوف يعاقب سلبية نتائج االختبارات إذا كانت -

-تم إصدار هذه التعليمات برعاية: السعودي الطاقة كفاءة مركز

منظمةالجودة و للمواصفات والمقاييس الهيئة السعودية الجمارك السعودية

التجارة والصناعة السعودية وزارة

Saudi Energy Efficiency Centre Saudi Standards, Metrology and Quality Organisation Saudi Customs Saudi Ministry of Commerce and Industry

ARABIC SECTION24

Efficiency ProgramSaudi Energy

مك�فات الهواء يف اململكة العربية السعوديةوتصنيع س�ترياد ضوابط ا

فيما SASO 2663/2012 السعودية معيارال تعديلأداء الحد األدنى من الطاقة وو ضع العالماتيخص و

مكيفات الهواء.ل الطاقة

يخص SASO 2663/2012أن المعيار المعدل توردة لمكيفات الهواء المس الطاقةكفاءة استخدام

محليا (في المملكة). والمصنعة

الحدود فيخطة أخذ العينات آلية تنفيذ المعايير و الجمارك السعوديةأو – وعلى موانئ الدخول دخول أو سمح بإستيرادت الجمارك السعودية لن

المعدل: مع المعيار متوافقة التي ليست مكيفات الهواء

07/09/2013من ابتداء : 1 المرحلة 01/01/2015من ابتداء :2 المرحلة

)(في الجمارك شحنةال تفتيش -:من مايلي تأكدفي الجمارك السعودية لل أن تفتيش الشحنة كفاءة الطاقة وسالمة المنتج؛الصحيحة فيما يخص التسميات)عالمات ( وجود - SASOفي قاعدة البيانات المنتج فياسم وجود -

)(في الجمارك العيناتأخذ المملكة العربية السعودية؛ المحددة في السالمةخطة وفقا ل مكيفات الهواء من يتم أخذ العينات

المعتمدة في المملكة. الخاصة معامل االختبار العينات إلى يتم إرسال

)خاصة المعتمدةال (في المختبرات االختبارات وكفاءة الطاقة؛ اختبارات السالمة جراءفي المملكة حيث يتم إ يتم االختبار في مختبرات خاصة معتمدة

المعدل؛ SASOمعيار وفقا ل الكفاءة في استخدام الطاقة اختبارات وتجرى اختبارات السالمة. كما في حالة االختبار تكلفة يتحمل المستورد

نتائج االختبار: إلى السوق؛، سيسمح للشحنة بالدخول إيجابية إذا كانت نتائج االختبار إلى السوق؛شحنة بالدخول يسمح للسوف لن سلبية، إذا كانت نتائج االختبار

لمكيفات الهواء آلية التنفيذ ) MoCI( – خط االنتاجوعند المصنعة محليا في المملكة MoCI التجارة والصناعة تقوم وزارة إذا لم تثبت االختبارات المختبرية المعتدة بمنع تصنيع وإنتاج مكيفات الهواء المصنوعة محليا

.في السوق السعودية المعمول بها حاليا والمعدلة، ليتم بيعها مع المعاييرصالحيتها وتوافقها

07/09/2013 ابتداء: 1 المرحلة 01/01/2015 ابتداء :2 المرحلة

ARABIC SECTION 25

المشرق يوقع اتفاقية شراكة مع مجموعة اإلمارات

: أعلن المشرق المؤسسة 2013يونيو 23دبي، اإلمارات العربية المتحدة،

المالية الوطنية الرائدة في دولة اإلمارات العربية المتحدة والمنطقة عن توقيع

وقد حضر التوقيع كل من توران آصف، مذكرة تفاهم مع مجموعة اإلمارات،

رئيس مجموعة الخدمات المصرفية الشخصية في المشرق، وحسين شيخ،

الموارد البشرية في مجموعة اإلمارات. -نائب رئيس خدمات الموظفين

إن اإلجراءات بسيطة ومالءمة، حيث بإمكان موظفي مجموعة اإلمارات

ب أو شهادة الراتب، من خالل التقدم بطلب الحصول على رسالة تحويل الرات

قسم الموارد البشرية الخاص بهم عبر اإلنترنت، حيث سيحصلون على رقم

مرجعي، في نفس الوقت، سيتم إرسال هذا الرقم إلى الموظف المختص في

المشرق ويمكن للعميل التواصل مع فرع البنك أو مركز اتصال العمالء

ت المصرفية.ليحصل بالفور على أحد المنتجات أو الخدما

دقيقة الحصول على بطاقة إيليت البالتينية اإلئتمانية، بطاقة خصم أو حساب جاري 30" بإمكان العمالء وخالل Goومع الخدمات المصرفية الفورية المبتكرة "المشرق

تهم المصرفية.ساعة، وهذا ما يوفر للعمالء الراحة والمالءمة عند القيام بمعامال 24مع دفتر شيكات، وقرض شخصي خالل

د من المشرق، وهذا يضمن إن هذه الشراكة تتيح لموظفي مجموعة اإلمارات، اإلستفادة من الرسالة الموجودة عبر اإلنترنت، لإلستفادة من المنتجات المصرفية لألفرا

امالت ورقية.توفر على موظفي مجموعة اإلمارات الوقت إلى جانب عدم الحاجة إلى إجراء أي مع إجراءات سريعة وبسيطة

:"نحن سعداء بشراكتنا مع مجموعة اإلمارات شركة النقل الرائدة في دولة اإلمارات وعلق توران آصف، رئيس مجموعة الخدمات المصرفية الشخصية، في المشرق

مصرفية فورية ومن دون الحاجة إلى إجراء معامالت العربية المتحدة والعالم، لنقدم لموظفيها تجربة مصرفية مميزة، تتميز بالمالءمة، حيث نوفر لهم منتجات وخدمات

ة كبيرة من حيث الكفاءة ورقية. إننا نحرص في المشرق على توفير أفضل الحلول المصرفية المبتكرة. قد تكون بعض العمليات التكنولوجية البسيطة ذات تأثير وفعالي

وتطوير التجربة المصرفية".

الموارد البشرية في مجموعة اإلمارات: " يسعدنا إنضمام المشرق إلى مبادرة "الرسالة عبر اإلنترنت" التي ستمكن -وظفين وقال حسين شيخ، نائب رئيس خدمات الم

بشكل آمن ومستقر ومباشرة من البنك. كما ستتيح الخدمة الجديدة لموموظفينا من الحصول على المعامالت والرسائل المتعلقة ظفينا بمعامالتهم المصرفية إلكترونيا

الوصول إلى متطلباتهم المصرفية بمالئمة وسهولة وبوقت أقل. ونحن نتطلع إلى انضمام المزيد من البنوك لإلستفادة من هذه المبادرة".

معلومات عن المشرق:

، قام البنك برفد القطاع المصرفي بأهم الحلول المالية المبتكرة، وكان 1967ات العربية المتحدة والمنطقة، ومنذ تأسيسه في عام يعتبر المشرق إحدى المؤسسات المالية الوطنية الرائدة في دولة اإلمار ان، وأجهزة الصراف اآللي وغيرها الكثير.طاقات االئتمسباقا في طرح العديد من المنتجات والخدمات المصرفية الراقية، فقد كان أول بنك يطلق منتجات وخدمات مميزة مثل الشيكات السياحية، وب

جائزة "أفضل بنك في األسواق الناشئة في الشرق األوسط ومنها وحصد المشرق العديد من الجوائز العالمية المرموقة، والتي تعكس النجاح الكبير الذي حققه خالل مسيرته الطويلة المليئة باإلنجازات،أفضل " وجائزة "أفضل تصميم للفروع" ، وهي جائزة2012 المصرفيةبانكر الشرق األوسط للمنتجات ق مؤخرا على جائزتين مرموقتين من جوائزكما حصل المشر "، من مجلة جلوبل، 2010

ى جانب حصوله على جائزة دبي التقديرية للتنمية وذلك للخدمات والمنتجات المصرفية المبتكرة التي يزود بها البنك القطاع المصرفي، إل لصندوق الدخل للمشرق اإلسالمي "إسالمي صندوق إستثمار ، وذلك تقديرا لدعمه المستمر لمبادرة التوطين.2012البشرية لعام

بتوظيف المواطنين اإلماراتيين وتدريبهم ي البنك اهتماما خاصا ويطمح المشرق، إلى اإلستمرار في المشاركة الفعالة والمساهمة الحقيقية في مسؤوليته اإلجتماعية تجاه المجتمعات التي يخدمها، كما يول من خالل سعيه الدؤوب لبناء المواهب الوطنية وتنميتها ودعمها المتواصل بفرص التطور الوظيفي. وتطوير مهاراتهم،

للمزيد من المعلومات الرجاء اإلتصال بـ: هدى إسماعيل/نسرين خليل

المشرق - والفعاليات العالقات العامة 046083836/046083629هاتف:

/[email protected]@mashreq.com بريد الكتروني:

السيد توران آصف، رئيس مجموعة الخدمات المصرفية الشخصية في المشرق والسيد حسين شيخ، نائب رئيس خدمات الموظفين - الموارد البشرية في مجموعة اإلمارات

ARABIC SECTION26

Oxford Professional Ltd Exclusive Offer to ABCC Members Oxford Professional Ltd, a British Arab company located in London and an ABCC member, is delighted to offer a 15% discount on its services to all ABCC members during 2013. Oxford Professional Ltd provides professional services in Accounting and Business Advisory fields. The company’s founder and head is ACPA.

The services that Oxford Professional LTD provides are:

1- Public Accounting;

2- Business Advisory;

3- Commercial representation in the UK;

4- Internal Audit;

5- On the job training.

For more details you can visit the company’s website: www.oxford-pro.com

رص� �عضاء غرفة الت�ارة العربية الربيطانية تقدم عرضا ح احملدودةرشكة �و�سفورد �روف�ش�نالز

وهي شركة عربية بريطانية تعمل في مجال المحاسبة واالستشارات التجارية في لندن، والشركة عضو في غرفة بادرت شركة أوكسفورد بروفيشنالز، .2013خدماتها لصالح جميع أعضاء غرفة التجارة العربية البريطانية طيلة العام % من تكلفة 15إلى تقديم عرض بخصم التجارة العربية البريطانية،

السيد خدمات احترافية في مجال المحاسبة واالستشارات التجارية. رئيس ومؤسس شركة أوكسفورد بروفيشنالز أوكسفورد بروفيشنالز تقدم شركة كنان حداد، وهو حائز على درجة محاسب بريطاني معتمد.

-:الخدمات التالية تقدم شركة أوكسفورد بروفيشنالز

العامة؛ المحاسبة خدمات -1

التجارية؛ االستشارات خدمات -2

بريطانيا؛ داخل التجاري التمثيل خدمات -3

الداخلي؛ التدقيق خدمات -4

خدمات التدريب الميداني. -5

للحصول على تفاصيل أوفى يمكنكم زيارة الموقع

pro.com-www.oxford

Mr Kinan Haddad, Founder & Head of Oxford Professional Ltd

السيد كنان حداد،رئيس ومؤسس شركة أوكسفورد بروفيشنالز

TENDERS 27

ALGERIA

MINISTRY OF INDUSTRY, SMALL AND MEDIUM-SIZED ENTERPRISES AND INVESTMENT PROMOTION

TENDERS

General directory of public sector trade management call for a national and international industrial partnership.

As part of the new industrial and technological drive and in view of the re-launch of means of production and investment development, the Ministry of Industry, Small and Medium-Sized Enterprises and Investment Promotion developed a promotion policy for a productive and industrial partnership.

Within this framework, Public Management and Investment Companies (SGPs) of the industrial sector are committed to make profitable a set of valuable assets to the industrial activity by building partnerships with national or international operators in the private sector.

This partnership consists of creating a Joint-Stock Company in accordance with the current Algerian legislation.

The evaluation of partnership proposals will be based on the criteria mentioned in the current specifications which are available for consultancy at each SGP starting from 01st July 2013.

Partners can subscribe for one or more assets provided that the offers are submitted separately.

Contact Email: [email protected]://www.mipmepi.gov.dz/?Appel-a-projets-industriels-2013

Further information is available on the website of the National Investment Development Agency www.andi.dz (in English)

OMANDUALIZATION OF AL RUSTAQ ESCARBMENT ROAD (GOVERNORATE OF SOUTH AL BATINAH)Tender No: 75/2013Document Cost: OR3000Contact Oman Tender Board Muscat OmanPO Box 787/133 Al KhuwairTel: (968) [email protected]://www.tenderboard.gov.om/eng/Deadline: 23/09/2013

CONSTRUCTION OF 220/132/33 KV GRID STATION AT SFZ AND ASSOCIATED UPGRADE OF LIWA GRID STATIONTender No: 73/2013Document Cost: OR3000Contact Oman Tender Board Muscat OmanPO Box 787/133 Al KhuwairTel: (968) [email protected]://www.tenderboard.gov.om/eng/Deadline: 16/09/2013

AL SAADAH SPORT COMPLEX EXPANSION PHASE 2Tender No: 72/2013Document Cost: OR1756Contact Oman Tender Board Muscat OmanPO Box 787/133 Al KhuwairTel: (968) [email protected]://www.tenderboard.gov.om/eng/Deadline: 16/09/2013

CONSTRUCTION OF MASIRAT AL RAWAJIH TRACK ROAD (AL DAKHILIYAH GOVERNORATE)Tender No: 71/2013Document Cost: OR750Contact Oman Tender Board Muscat OmanPO Box 787/133 Al KhuwairTel: (968) [email protected]://www.tenderboard.gov.om/eng/Deadline: 16/09/2013

CONSTRUCTION OF FERSHAT QATBEET NEW POWER STAION IN DHOFAR GOVERNORATETender No: 68/2013Document Cost: OR2500Contact Oman Tender Board Muscat OmanPO Box 787/133 Al KhuwairTel: (968) [email protected]://www.tenderboard.gov.om/eng/Deadline: 26/08/2013

SUPPLY AND INSTALLATION OF MEDICAL EQUIPMENT FOR NATIONAL CARDIOLOGY CENTRE AT ROYAL HOSPITALTender No: 67/2013Document Cost: OR175Contact Oman Tender Board Muscat OmanPO Box 787/133 Al KhuwairTel: (968) [email protected]://www.tenderboard.gov.om/eng/Deadline: 02/09/2013

TENDERS28

QATARSALE & REMOVAL OF INSTRUMENT & DIESEL ENGINE SPARES, CYLINDRICAL & CONICAL FILTER ELEMENTS Tender No: STC/ST11MT0150Document Cost: QAR2000 Contact Qatar PetroleumPO Box 3212, Doha, QatarTel: (974) 4440 2000; Fax: (974) 4483 1125www.qp.com.qaDeadline: 26/08/2013

SUPPLY & INSTALLATION OF TELECOM EXPANSION CABINET & ACCESSORIESTender No: STC/ST13MT0221Document Cost: QAR 23000 Contact Qatar PetroleumPO Box 3212, Doha, QatarTel: (974) 4440 2000; Fax: (974) 4483 1125www.qp.com.qaDeadline: 26/08/2013

SALE & REMOVAL OF TRANSFORMER, GENERATOR, STORAGE TANK, JUNCTION BOXES, GRINDER, WELDING/AIR PLASMA CUTTING AND WEIGHING-SCALE MACHINESTender No: STC/ST10MT0252Document Cost: QAR2000Contact Qatar PetroleumPO Box 3212, Doha, QatarTel: (974) 4440 2000; Fax: (974) 4483 1125www.qp.com.qaDeadline: 26/08/2013

SALE & REMOVAL OF 24” PIPES W/SPOOL FLANGES, INJECTION & WATER PUMPS, GAS BOOSTER, DIESEL ENGINES & AIR COMPRESSOR SPARE PARTSTender No: STC/ST10MT0357Document Cost: QAR2000 Contact Qatar PetroleumPO Box 3212, Doha, QatarTel: (974) 4440 2000; Fax: (974) 4483 1125www.qp.com.qaDeadline: 26/08/2013

BREATHING APPARATUS & SPARE CYLINDERSTender No: STC/ST13MT0222Document Cost: QAR12000 Contact Qatar PetroleumPO Box 3212, Doha, QatarTel: (974) 4440 2000; Fax: (974) 4483 1125www.qp.com.qaDeadline: 26/08/2013

EPIC FOR REPLACEMENT OF HOT OIL CRUDE OIL EXCHANGERS AT DKHTTender No: GT13108800Document Cost: QAR2750000Contact Qatar PetroleumPO Box 3212, Doha, QatarTel: (974) 4440 2000; Fax: (974) 4483 1125www.qp.com.qaDeadline: 01/09/2013

INPLANT PIPING SURVEY FOR CORROSION UNDER INSULATION IN DUKHAN FIELDSTender No: GT13109000Document Cost: QAR200000 Contact Qatar PetroleumPO Box 3212, Doha, QatarTel: (974) 4440 2000; Fax: (974) 4483 1125www.qp.com.qaDeadline: 01/09/2013

RESURFACING OF ROADS IN NGL1/2/3/4 PLANTS, GAS OPS, MESAIEEDTender No: LT13107100Document Cost: QAR32500 Contact Qatar PetroleumPO Box 3212, Doha, QatarTel: (974) 4440 2000; Fax: (974) 4483 1125www.qp.com.qaDeadline: 15/09/2013

PROVISION OF CONTINUOUSLY DEPLOYED AND CALL-OFF SKILLED MANPOWER ATDUKHANTender No: GT13108900Document Cost: QAR600000 Contact Qatar PetroleumPO Box 3212, Doha, QatarTel: (974) 4440 2000; Fax: (974) 4483 1125www.qp.com.qaDeadline: 15/09/2013

HYDRAULIC BOOM REEL WINDERSTC/ST13MT0223Document Cost: QAR5000 Contact Qatar PetroleumPO Box 3212, Doha, QatarTel: (974) 4440 2000; Fax: (974) 4483 1125www.qp.com.qaDeadline: 23/09/2013

SAUDI ARABIACONSTRUCTION OF RECREATIONAL FACILITIESProposal Invitation No: PIC G - 6600A (RE-BID)Scope of Work

This includes the procurement, construction, testing and commissioning for the complete Recreational Facilities at Madinat Yanbu Al-Sinaiyah. The period of performance shall be 730 days.

Contact Royal Commission in YanbuSupply Management DeptPO Box 30031 Yanbu Industrial City Tel: (04) 321-6021 Fax: (04) 321-6092Email: [email protected] www.rcjy.gov.saDeadline: 04/09/2013

PUBLIC FACILITIES MAINTENANCEProposal Invitation No: POM G-2441Scope of Work

This includes all management labour, materials, supervision administration , technical professional services, equipment, vehicles, stationary, transport, supplies, spare parts required to satisfactory carry out and perform operation and maintenance services for the public facilities at Madinat Yanbu AL-Sinaiyah. The period of performance shall be 5 years.

Contact Royal Commission in YanbuSupply Management DepartmentPO Box 30031 Yanbu Industrial City Tel: (04) 321-6021 Fax: (04) 321-6092Email: [email protected] www.rcjy.gov.saDeadline: 26/08/2013

SUPPLY AND INSTALLATION OF IRRIGATION SYSTEM NETWORK ALONG AL-AZIZIA STREETProposal Invitation No: PO No 4112Scope of Work

Design, supply and installation of complete and fully operational and automatic irrigation system, preparation of planting pits, supply and planting of trees, shrubs & ground covers and supply and installation of gravel, boulders and curbstone along Azizia Street. Period of performance 120 days.

ContactSupply Management DepartmentRoyal Commission at Yanbuhttp://www.rcyanbu.gov.sa/supplymanagement/Links.aspx Deadline: 28/08/2013

P&C OF POTABLE WATER PUMP STATION AND STORAGE TANKSProposal Invitation No: 108-C01Scope of Work

This project consists of construction of Potable Water Pump Station and 4 Storage Tanks that cover an area approximately 160,460 m² in Ras Al-Khair Industrial City. Work includes: mobilization and demobilization, site development, Internal roads network, access road and parking and covered car parking, storm drainage system, sanitary wastewater collection and conveyance system, potable and fire water distribution system, electrical power system, street and area lighting system, telecommunication system, and construction of the following buildings: Pump Station building, Chlorination building, Generator Room building, SEC Room, Guard House and Substation.

ContactRoyal Commission in JubailSupply Management DepartmentAttention: Contracts SectionTel: (03) 341-4127/4163Fax:(03) 341-2201Deadline: 18/08/2013

UAESUPPLY, INSTALLATION, TESTING & COMMISSIONING OF 2 NOS. 132/11 KV SUBSTATIONS AND ASSOCIATED 132 KV CABLE LAYING WORKSTender No: 2131300040Document Cost: AED5000ContactDubai Electricity & Water Authority Office of the Contracts Manager, Zabeel East, PO Box 564, Dubai Tel: (9714) 3244444 Fax: (9714) 3248111 Email: [email protected] www.dewa.gov.aeDeadline: 26/08/2013

SALE OF USED TRANSFORMERS & EQUIPMENTTender No: DT/0006/2013Document Cost: AED300ContactDubai Electricity & Water Authority Office of the Contracts Manager, Zabeel East, PO Box 564, Dubai Tel: (9714) 3244444 Fax: (9714) 3248111 Email: [email protected] www.dewa.gov.aeDeadline: 27/08/2013

SUPPLY, INSTALLATION, TESTING & COMMISSIONING OF GLASS REINFORCED EPOXY WATER TRANSMISSION PIPELINES AND ASSOCIATED WORKS AT VARIOUS LOCATIONS IN THE EMIRATE OF DUBAITender No: 2131300039Document Cost: AED3000ContactDubai Electricity & Water Authority Office of the Contracts Manager, Zabeel East, PO Box 564, Dubai Tel: (9714) 3244444 Fax: (9714) 3248111 Email: [email protected] www.dewa.gov.aeDeadline: 03/09/2013

CONSULTANCY SERVICES FOR IMPLEMENTATION AND MANAGEMENT OF DISTRIBUTED RENEWABLE RESOURCES GENERATORS INTO DEWA GRIDTender No: 2131300042Document Cost: AED2000ContactDubai Electricity & Water Authority Office of the Contracts Manager, Zabeel East, PO Box 564, Dubai Tel: (9714) 3244444 Fax: (9714) 3248111 Email: [email protected] www.dewa.gov.aeDeadline: 04/09/2013

SUPPLY OF 11KV POWER CABLESTender No: 2051300052Document Cost: AED5000ContactDubai Electricity & Water Authority Office of the Contracts Manager, Zabeel East, PO Box 564, Dubai Tel: (9714) 3244444 Fax: (9714) 3248111 Email: [email protected] www.dewa.gov.aeDeadline: 18/09/2013

TENDERS 29

TRADE SERVICES 30

www.abcc.org.uk

ARAB BRITISH CHAMBER OF COMMERCE

FOREIGN OFFICE SERVICE

FOREIGN OFFICE SERVICE

TRADE SERVICES30

LIBYA VISA SERVICE 31

If you are traveling on business to an Arab country and need your visa secured quickly and efficiently, the Chamber's Visa Section is the ideal point of contact. This service is available only to companies based, or with offices, in the UK. For enquiries please email Therese on [email protected] or call 020 7659 4861

We are pleased to announce that the Arab British Chamber of Commerce has now reinstated the BUSINESS VISA SERVICE to Libya.

ARAB BRITISH CHAMBER OF COMMERCE

LIBYA Business Visa Service

If you are traveling on business or taking a trade delegation to the Arab world and need your visa secured quickly and efficiently, the Arab British Chamber of Chamber's

Visa Section is the ideal point of contact.

This service is available only to companies based, or with offices, in the UK.

LIBYA We are pleased to announce that the Arab British Chamber of Commerce has now reinstated the BUSINESS VISA SERVICE to

For visa enquiries please email Therese on [email protected] or call 0 20 7659 4861

The Arab British Chamber of Commerce, 43 Upper Grosvenor Street, London W1K 2NJfounded in 1975, is a membership organisation that exists to promote trade and economic activity between the UnitedKingdom and the 22 member states of the Arab League. Over the past four decades the Chamber, building on its experience,has developed a range of services which are proved invaluable to Arab and British companies. With the assistance andexpertise of our organization, British companies are now able to achieve their international business aspiration.

Beyond London 2012An event to inform SMEs about the opportunities in forthcoming major global sports projects 9 September 2013 East Wintergarden, LondonContact UKTI Events TeamLondon Email: [email protected]

‘Structuring Innovative Islamic Financial Products’Institute of Islamic Banking and Insurance 7th Annual Three-Day Workshop13-15 September 2013 Ernst & Young-UK, 1 More Place, LondonContact Farhan Rafiq QuadriInstitute of Islamic Banking and Insurancefarhan.quadri@islamic-banking.comwww.islamic-banking.com

Deauville Partnership Investment Conference:Opportunities and Challenges in the Arab Countries in Transition 16 September 2013ContactIf you would be interested in registering to participate please send an email confirming your name, email address and organisation to: [email protected]

Power + Water Middle East 2013Supplying Demand; Generating Business23-25 September 2013 Abu Dhabi National Exhibition Centre, UAEContactAlexis SworderMarketing ManagerTel: 971 4 407 2763Fax: 971 4 335 [email protected]

Maghreb Infrastructure & Construction Summit Algerian Trade & Exhibitions (ATE) in partnership with UK Trade & Investment, Morocco25-26 September 2013Casablanca, MoroccoContactJessica Jonah International Research Networks LtdEmail: [email protected]

MAGHREB PHARMA Expo 20132nd International Exhibition of Pharmaceutical Industry Suppliers in North AfricaUnder the patronage of the Algerian Ministry of Health1-3 October 2013

Oran Convention Centre, Algeria Contact SARL MEDITHERAL65, rue Djamel Harkat16211 Mohammadia - Pins MaritimesTel/Fax: +213 (0) 21 21 00 33 Email: [email protected]: www.meditheral.com

ABCC Business Delegation to Tunisia2 & 3 October 2013To express your interest in joining the delegation please apply by emailing Ralph Owczarek on [email protected] or calling on 020 7659 4897

ABCC Business Delegation to the Kingdom of Jordan19 & 20 October 2013To express your interest in joining the delegation please apply by emailing Ralph Owczarek on [email protected] or calling on 020 7659 4897

Shale Gas Environmental Summit22-23 October 2013Holiday Inn Regents Park, LondonContactAlia MalickTel: +44 (0)20 7827 6168 Email: [email protected]/2013shale.asp

Social Media World 2013The Marketing Show28-29 October 2013Madinat Jumeirah, Dubai, UAEContact Jessica SalawuThe Marketing Show Middle EastTel: +971 4440 2533Email: [email protected]

Gas to Liquids Conference29-30 October 2013Millennium Gloucester Hotel, LondonContact Andrew Gibbons Tel: +44 20 7827 6156 Email [email protected]

The Ideal Home Show at Christmas Interiors, home accessories, home improvement and outdoor livingEarls Court, London 14-18 November 2013Contact Ashley DjemalTel: 020 3225 5208Email: [email protected]

SIAL - The Middle East Food Exhibition24-26 November 2013ADNEC, Abu Dhabi, UAEContactTurret Media FZ LLCTwofour54, Park RotanaOffice 201, PO Box 77806Abu Dhabi, UAETel: +971 (0)2 234 8400Fax: +971 (0)2 234 6174Email: [email protected]

4th Basra Oil & Gas International Conference and Exhibition5 - 8 December 2013 Basra International Fair Ground, Basra, IraqContact Basra Oil & Gas Sales Team Expotim International Fair Organizations INC. Fulya Mah. Vefa Deresi Sok. No: 9 34394 Sisli, Istanbul, TurkeyEmail: [email protected] Tel: +90 212 356 0056; Fax: +90 212 356 0096

3rd Annual African Capital Markets Conference10 December 2013Jumeirah Carlton Tower, LondonContactExporta Head OfficeTel: +44 (0) 20 8673 9666Fax: +44 (0) 20 8673 8662Email: [email protected]

Middle East and North Africa Energy 2014New Uncertainties and New Opportunities27-28 January 2014Chatham House, St James’s Square, LondonContactConference UnitChatham HouseEmail: [email protected]: +44 (0)20 7957 5729Fax: +44 (0)20 7957 5710

The ACR Show The dedicated event for the air-conditioning and refrigeration industryHall 9, NEC, Birmingham 11-13 February 2014Contact Jan ThorpeEvent DirectorTel: +44(0)1622 699113Email: [email protected]

2nd Med Ports 2014Container Ports and Terminal Operations Exhibition and Conference23 and 24 April 2014Kenzi Farah Hotel, Marrakech, MoroccoContactTransport Events Management LimitedMalaysiaTel: +60 87 426 022Fax: +60 87 426 223Email: [email protected]

BUSINESS EVENTS, TRADE FAIRS AND CONFERENCES

BUSINESS EVENTS32

ARAB CHAMBER OF COMMERCE 33

+973 17 570 400

www.primeinstantoffices.com

n Serviced Offices & Registered Office Addressesn Company Registration & Renewalsn Visa Processing & Related Servicesn Bookkeeping & Payroll Management

n Corporate Secretarial Servicesn 24/7 Video Conferencing and Meeting Roomsn Corporate Legal Services

PRIME was the first company in Bahrain to provide serviced offices and business support services to foreign companies. We have continued to develop our specialist business services, and we have a very comprehensive list serving our client’s needs well. Our competitors can’t match our breadth of local knowledge and expertise when it comes to company registration, visa processing, or making the right connections and our corporate sponsorship and representation on behalf of our clients to various government bodies is something you’re unlikely to find elsewhere. 100% locally owned, 100% international service levels.

PRIME’s status as an Affiliated Partner of the Ministry of Industry & Commerce brings many advantages most

importantly licensing us to provide approved registered office addresses. In conjunction with our association with one of Bahrain’s leading law firms, Zu’bi & Partners, we are able to fast-track company registrations and renewals. You can be sure that we will get the job done to a high standard every time, delivering the flexibility, value and efficiency your business demands.

Today, we number many leading international companies among our clients, particularly from the IT, energy, construction and banking sectors. If you’re looking to start a company, we can help with everything from registration to liquidation – and all aspects in-between. Not only can we make the whole process faster, we’ll make sure your budget goes further.

PRIME Instant Offices & Business CentreWe’ll get your Business Ready…

Arab British Chamber of Commerce Newsletter-10

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Transcript of Arab British Chamber of Commerce Newsletter-10