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Metito eyes expansion plans

METITO, THE UAE-based utilities provider, is unlikely to go for an IPO this year and may opt to concentrate on aggressive expansions first.

Etisalat nears Reliance Communications stake

UAE telecom operator, Etisalat, is close to buying a 26 per cent stake in the second most successful Indian telecoms firm Reliance Communications.

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Etisalat eye US$3.8 billion Reliance deal

Abu Dhabi's Etisalat has confirmed it is looking to buy a stake in an Indian mobile operator following reports that it is in talks with India's second-biggest mobile operator, Reliance Communications, over a US$3.8 billion deal. The stake would give Etisalat a vital presence in the world's fastest-growing mobile market, where it currently owns a stake in a start-up telecoms firm.

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Cisco focuses on SMBs

CISCO HAS ANNOUNCED a US$100mn global strategic initiative focused on small business networking and communications solutions for companies with fewer than 100 employees. Cisco aims to help small businesses gain greater agility and efficiency in working with customers who are increasingly expecting to do business on the move, on the Internet and via video. According to research firm IDC, the SMB market in the Middle East will account for more than a third of all IT spending by 2011 and comprises 70 to 80 per cent of businesses in this region.

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A co-ordinated security solution for Bahrain

BAHRAIN'S STRATEGIC LOCATION in the Persian Gulf has allowed it to broaden its cultural perspective and increase its prosperity through trade and travel. Known as Dilmun to the ancient Sumerians, this island nation has interacted with a number of cultures throughout its five thousand-year history including the Babylonians, Assyrians, Greeks, Romans, Persians, Portuguese and British. Today, the kingdom benefits from the immense oil and natural gas fields located throughout the Gulf.

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Business and Management

  • US$130mn Saudi Arabia power plant component order won

    Siemens Energy has secured a US$130mn order to supply gas turbine packages to Saudi Arabia. The components are to be installed in the Hail Extension II and Al Qurayat Expansion II power plants. The purchasers are the Alfanar Construction Company and Saudi Services for Electromechanic Works (SSEM) respectively and they will perform the project on a turnkey basis for the Saudi Electric Company (SEC) utility. Delivery of the components is scheduled for 2010 and 2011.

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Executives Calendar

September 2010

SEPTEMBER 2010
27-30 Project Iraq ERBIL
www.ifpqatar.com

October 2010

OCTOBER 2010

3-6 Saudi Build RIYADH
www.recexpo.com

4-6 Powergen Middle East DOHA
www.power-gen-middleeast.com

17-19 PG&WSME ABU DHABI
www.powerandwaterme.com
17-20 Recycling & Waste Management KSA RIYADH
www.recexpo.com

17-21 GITEX Arabia DUBAI
www.gitex.com

18-21 Erbil International Fair ERBIL
www.ifpqatar.com

25-27 Saudi Transtec Dharan
www.sauditranstec.com


November 2010

NOVEMBER 2010
1-4 GCC Power DOHA
www.ifpqatar.com

1-4 Adipec 2010 ABU DHABI
www.adipec.com

2-6 Jordan Motorshow AMMAN
www.ifpqatar.com
21-24 The Big 5 DUBAI
www.thebig5exhibition.com

28-30 Roadex/Railex ABU DHABI
www.roadex-railex.com
28-30 MEMEX 2010 ABU DHABI
www.memexnews.com