Booz Allen Hamilton to Support Business and Economic Growth in Qatar

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Eurozone crisis “a once in a lifetime opportunity” - Qatar banker - ArabianBusiness.com

By Shane McGinley Wednesday, 21 March 2012 11:39 AM

"The eurozone crisis is a once in a lifetime opportunity."

The crisis in the eurozone is “a once in a lifetime opportunity” for Gulf investors to snap up trophy assets for knockdown prices, a leading Qatari banker told Arabian Business.

As the euro continued to dip and European stocks fell on Tuesday as a result of concerns of a slowdown in China’s economy, a leading Qatari bank official said the challenging economic situation in Europe offered great opportunities for his customers.

“I think [the eurozone crisis] is a once in a lifetime opportunity to buy high quality assets at reasonable prices,” George Nasra, managing director of International Bank of Qatar (IBQ), told Arabian Business in an interview in Doha.

“In view of the significant excess capital in Qatar, we expect some of this will go overseas and that is what has been happening… It is a logical step in diversifying their resources and revenue for the future. I think they are buying at the right time and price,” added Nasra, who was ranked number 32 in the Arabian Business Qatar Power List 2012.

Qatar was recently named the world’s richest country per capita and is eager to diversity its massive oil and gas reserves into lucrative markets such as Europe.

Some of the diverse portfolio of trophy assets it has snapped up include France’s Paris Saint-Germain Football Club, Harrods’s department store in London and stakes in German carmaker Porsche, Swiss lender Credit Suisse and real estate in Cyprus.

One of the hardest hit eurozone countries was Greece, but Nasra said his clients have veered away from investments in the Mediterranean nation: “They looked at Greece and were in negotiations but nothing important materialised. Favourites continue to be the UK, France and Switzerland.”

His sentiments echo those late last year by French investment bank Societe Generale, which said there were a lot of opportunities for Gulf investors to benefit from the ongoing crisis in Europe.

“For those who are liquid, there are opportunities… One way to benefit from Europe is that valuations of a lot of corporations are very low. Whether they are much too low compared to their net worth? We believe so and, as such, there are some opportunities,” Daniel Truchi, global CEO of Societe Generale Private Banking said while on a visit to Dubai to meet regional clients in October.

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Railway companies in search for new business opportunities in the United Arab Emirates, Qatar and Saudi Arabia - Zawya.com

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• A trade delegation of Spanish businessmen from the railway sector, organized by MAFEX in collaboration with ICEX, will be visiting the United Arab Emirates, Qatar and Saudi Arabia in search for new business opportunities.

• Representatives will be visiting these three countries from 20-28 February with the aim of fostering the internationalization of their companies through rounds of meetings with delegates and representatives from local authorities.

• This business gathering is part of the visit agenda planned by MAFEX for 2012, which aims at fostering the presence of the Spanish rail industry throughout the world

Madrid, February 2012
The Spanish Association of Manufacturers and Exporters of Equipment and Services for the Railway Industry (MAFEX), in collaboration with the Spanish Institute of Foreign Trade (ICEX) has organized a new trade delegation to the United Arab Emirates, Qatar and Saudi Arabia, from February 20-28.

The main objective of this activity is to promote the Spanish rail industry in these three countries, to enlarge its growth expectations, and to strengthen its position in regard to new infrastructure and transportation projects to be developed within the next few years.

United Arab Emirates: Infrastructure Projects for the Future
The Spanish delegation also wants to show its interest in participating in such new infrastructure projects as the Gulf Rail Network connecting Saudi Arabia, the United Arab Emirates, Bahrain, Qatar and Oman.

A round of meetings will take place during this trade delegation, with the aim of showing the great experience of the Spanish rail industry in the development of projects of such importance in order to strengthen its position in new upcoming tenders.

Among planned interviews is the meeting with representatives from Dubai-Road transportation and the Transport Authority of Dubai (RTA), the rail company Etihad Railways, and the Abu Dhabi Municipality.

Qatar: New Opportunities in Public Transportation Works
In addition to the great project in Saudi Arabia, through this trade delegation MAFEX wants to promote Spanish companies regarding new public transportation plans within the region, the Qatar Metro among others.

The emirate has planned to start an ambitious infrastructure plan, with an investment of around 24,000 million euros, to host the Soccer World Cup in 2022. One example of such significant works included in this plan is the construction of underground and light rail networks of more than 650 kilometers. According to planned schedule, representatives of the trade delegation will meet with representatives from Qatar railways -Qatar Railways Company.

Saudi Arabia: a Quantum Leap for the Spanish Rail Industry
MAFEX's trade delegation takes place in a key moment for the Spanish rail industry in Saudi Arabia. The recent contract awarded to the Spanish consortium for the construction of the high-speed line between Medina and Mecca has become the biggest one at an international level. The project will have a positive impact in the internationalization of Spanish rail companies. Out of a total of 6,700 million Euros for its construction cost, 2,700 million will be Spanish exports. The consortium, Al Shoula, will begin works in two months.

During the visit to Saudi Arabia, the members of the Spanish delegation will meet with the country's leading construction company Saudi Binladin Group, with the Saudi rail companies Saudi Railway Organization (SRO) and Saudi Railway Company (SAR), and with the Cooperation Council for the Arab States of the Gulf (GCC).

MAFEX: Boosting Spanish Rail Industry's Exports and Internationalization
During this visit the Spanish companies will be showing the experience gained in the development of rail infrastructures, as well as the technological advances and innovations implemented throughout the world which have led them to become an international point of reference.

This trip is included within the efforts of the MAFEX association to promote the exports of its members in the region, and to consolidate the presence of the rail industry in the Persian Gulf -a priority region in their exports plan.

About MAFEX
The objective of the Spanish Association of Manufacturers and Exporters of Equipment and Services for the Rail Industry (MAFEX) is to carry out promotional activities in other countries, as well as to defend their general interests.

Created in 2004, it currently has 76 members representing more than 85% of Spanish rail industry's exports, according to official figures in 2009. Known as the official collaborating organization of the Spanish Ministry of Trade, Industry and Tourism through its Subsecretariat of Trade, the Association is supported by GRUPO AGEX, to which it belongs, and by different national and international organizations and institutions.

For more information:
Alen Comunicación: Helena Meléndez (Responsible for rail communication)
C/Juan de Vera, 21, 2ºB - 28010 Madrid, Spain
Telephone: + 34 91 530  36 94 
Mobile: +34 656 27 01 77
E-mail: helena.melendez@alencom.es

Comunicación MAFEX
Pedro Fortea (Director) / Noemí Bellanco (Marketing)
Ledesma 10 bis, 1º Izquierda - E48001 - Bilbao - Spain
Telephone: +  34 944 70 65 12
Fax: +34 944 22 00 61

© Press Release 2012

x DISCLAIMER

Zawya is a distributor (and not a publisher) of content supplied by third parties and subscribers. Any opinions, advice, statements, services, offers, or other information or content expressed or made available by those third parties, including information providers, subscribers or other users of the Service, are those of the respective author(s) or distributor(s) and not of the Company. The Company neither endorses nor is responsible for the accuracy or reliability of any opinion, advice or statement made on the Service by anyone other than authorized Service employee spokespersons while acting in their official capacities. The Company is not responsible for any infringement of intellectual property rights or breach of any applicable law or regulation, including regulation in relation to financial services or the distribution of financial products, defamation, data protection, telecommunications (including regulations relating to excessive use, spamming or other abusive activities) or obscene, offensive or illegal content). Under no circumstances will the Company be liable for any loss or damage caused by a member's reliance on information obtained through the Service. It is the responsibility of member to evaluate the accuracy, completeness or usefulness of any information, opinion, advice or other content available through the Service. Please seek the advice of professionals, as appropriate, regarding the evaluation of any specific information, opinion, advice or other content.

Read the full Member Agreement
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View the original article here

Railway companies in search for new business opportunities in the United Arab Emirates, Qatar and Saudi Arabia - Zawya.com

Back to Sign-In Form If you have forgotten your login details, please re-confirm your email address below and your username and password will be sent to this email shortly.
• A trade delegation of Spanish businessmen from the railway sector, organized by MAFEX in collaboration with ICEX, will be visiting the United Arab Emirates, Qatar and Saudi Arabia in search for new business opportunities.

• Representatives will be visiting these three countries from 20-28 February with the aim of fostering the internationalization of their companies through rounds of meetings with delegates and representatives from local authorities.

• This business gathering is part of the visit agenda planned by MAFEX for 2012, which aims at fostering the presence of the Spanish rail industry throughout the world

Madrid, February 2012
The Spanish Association of Manufacturers and Exporters of Equipment and Services for the Railway Industry (MAFEX), in collaboration with the Spanish Institute of Foreign Trade (ICEX) has organized a new trade delegation to the United Arab Emirates, Qatar and Saudi Arabia, from February 20-28.

The main objective of this activity is to promote the Spanish rail industry in these three countries, to enlarge its growth expectations, and to strengthen its position in regard to new infrastructure and transportation projects to be developed within the next few years.

United Arab Emirates: Infrastructure Projects for the Future
The Spanish delegation also wants to show its interest in participating in such new infrastructure projects as the Gulf Rail Network connecting Saudi Arabia, the United Arab Emirates, Bahrain, Qatar and Oman.

A round of meetings will take place during this trade delegation, with the aim of showing the great experience of the Spanish rail industry in the development of projects of such importance in order to strengthen its position in new upcoming tenders.

Among planned interviews is the meeting with representatives from Dubai-Road transportation and the Transport Authority of Dubai (RTA), the rail company Etihad Railways, and the Abu Dhabi Municipality.

Qatar: New Opportunities in Public Transportation Works
In addition to the great project in Saudi Arabia, through this trade delegation MAFEX wants to promote Spanish companies regarding new public transportation plans within the region, the Qatar Metro among others.

The emirate has planned to start an ambitious infrastructure plan, with an investment of around 24,000 million euros, to host the Soccer World Cup in 2022. One example of such significant works included in this plan is the construction of underground and light rail networks of more than 650 kilometers. According to planned schedule, representatives of the trade delegation will meet with representatives from Qatar railways -Qatar Railways Company.

Saudi Arabia: a Quantum Leap for the Spanish Rail Industry
MAFEX's trade delegation takes place in a key moment for the Spanish rail industry in Saudi Arabia. The recent contract awarded to the Spanish consortium for the construction of the high-speed line between Medina and Mecca has become the biggest one at an international level. The project will have a positive impact in the internationalization of Spanish rail companies. Out of a total of 6,700 million Euros for its construction cost, 2,700 million will be Spanish exports. The consortium, Al Shoula, will begin works in two months.

During the visit to Saudi Arabia, the members of the Spanish delegation will meet with the country's leading construction company Saudi Binladin Group, with the Saudi rail companies Saudi Railway Organization (SRO) and Saudi Railway Company (SAR), and with the Cooperation Council for the Arab States of the Gulf (GCC).

MAFEX: Boosting Spanish Rail Industry's Exports and Internationalization
During this visit the Spanish companies will be showing the experience gained in the development of rail infrastructures, as well as the technological advances and innovations implemented throughout the world which have led them to become an international point of reference.

This trip is included within the efforts of the MAFEX association to promote the exports of its members in the region, and to consolidate the presence of the rail industry in the Persian Gulf -a priority region in their exports plan.

About MAFEX
The objective of the Spanish Association of Manufacturers and Exporters of Equipment and Services for the Rail Industry (MAFEX) is to carry out promotional activities in other countries, as well as to defend their general interests.

Created in 2004, it currently has 76 members representing more than 85% of Spanish rail industry's exports, according to official figures in 2009. Known as the official collaborating organization of the Spanish Ministry of Trade, Industry and Tourism through its Subsecretariat of Trade, the Association is supported by GRUPO AGEX, to which it belongs, and by different national and international organizations and institutions.

For more information:
Alen Comunicación: Helena Meléndez (Responsible for rail communication)
C/Juan de Vera, 21, 2ºB - 28010 Madrid, Spain
Telephone: + 34 91 530  36 94 
Mobile: +34 656 27 01 77
E-mail: helena.melendez@alencom.es

Comunicación MAFEX
Pedro Fortea (Director) / Noemí Bellanco (Marketing)
Ledesma 10 bis, 1º Izquierda - E48001 - Bilbao - Spain
Telephone: +  34 944 70 65 12
Fax: +34 944 22 00 61

© Press Release 2012

x DISCLAIMER

Zawya is a distributor (and not a publisher) of content supplied by third parties and subscribers. Any opinions, advice, statements, services, offers, or other information or content expressed or made available by those third parties, including information providers, subscribers or other users of the Service, are those of the respective author(s) or distributor(s) and not of the Company. The Company neither endorses nor is responsible for the accuracy or reliability of any opinion, advice or statement made on the Service by anyone other than authorized Service employee spokespersons while acting in their official capacities. The Company is not responsible for any infringement of intellectual property rights or breach of any applicable law or regulation, including regulation in relation to financial services or the distribution of financial products, defamation, data protection, telecommunications (including regulations relating to excessive use, spamming or other abusive activities) or obscene, offensive or illegal content). Under no circumstances will the Company be liable for any loss or damage caused by a member's reliance on information obtained through the Service. It is the responsibility of member to evaluate the accuracy, completeness or usefulness of any information, opinion, advice or other content available through the Service. Please seek the advice of professionals, as appropriate, regarding the evaluation of any specific information, opinion, advice or other content.

Read the full Member Agreement
http://www.zawya.com/legal/NewsLetter.cfm?name=disclaimer

View the original article here

Railway companies in search for new business opportunities in the United Arab Emirates, Qatar and Saudi Arabia - Zawya.com

Back to Sign-In Form If you have forgotten your login details, please re-confirm your email address below and your username and password will be sent to this email shortly.
• A trade delegation of Spanish businessmen from the railway sector, organized by MAFEX in collaboration with ICEX, will be visiting the United Arab Emirates, Qatar and Saudi Arabia in search for new business opportunities.

• Representatives will be visiting these three countries from 20-28 February with the aim of fostering the internationalization of their companies through rounds of meetings with delegates and representatives from local authorities.

• This business gathering is part of the visit agenda planned by MAFEX for 2012, which aims at fostering the presence of the Spanish rail industry throughout the world

Madrid, February 2012
The Spanish Association of Manufacturers and Exporters of Equipment and Services for the Railway Industry (MAFEX), in collaboration with the Spanish Institute of Foreign Trade (ICEX) has organized a new trade delegation to the United Arab Emirates, Qatar and Saudi Arabia, from February 20-28.

The main objective of this activity is to promote the Spanish rail industry in these three countries, to enlarge its growth expectations, and to strengthen its position in regard to new infrastructure and transportation projects to be developed within the next few years.

United Arab Emirates: Infrastructure Projects for the Future
The Spanish delegation also wants to show its interest in participating in such new infrastructure projects as the Gulf Rail Network connecting Saudi Arabia, the United Arab Emirates, Bahrain, Qatar and Oman.

A round of meetings will take place during this trade delegation, with the aim of showing the great experience of the Spanish rail industry in the development of projects of such importance in order to strengthen its position in new upcoming tenders.

Among planned interviews is the meeting with representatives from Dubai-Road transportation and the Transport Authority of Dubai (RTA), the rail company Etihad Railways, and the Abu Dhabi Municipality.

Qatar: New Opportunities in Public Transportation Works
In addition to the great project in Saudi Arabia, through this trade delegation MAFEX wants to promote Spanish companies regarding new public transportation plans within the region, the Qatar Metro among others.

The emirate has planned to start an ambitious infrastructure plan, with an investment of around 24,000 million euros, to host the Soccer World Cup in 2022. One example of such significant works included in this plan is the construction of underground and light rail networks of more than 650 kilometers. According to planned schedule, representatives of the trade delegation will meet with representatives from Qatar railways -Qatar Railways Company.

Saudi Arabia: a Quantum Leap for the Spanish Rail Industry
MAFEX's trade delegation takes place in a key moment for the Spanish rail industry in Saudi Arabia. The recent contract awarded to the Spanish consortium for the construction of the high-speed line between Medina and Mecca has become the biggest one at an international level. The project will have a positive impact in the internationalization of Spanish rail companies. Out of a total of 6,700 million Euros for its construction cost, 2,700 million will be Spanish exports. The consortium, Al Shoula, will begin works in two months.

During the visit to Saudi Arabia, the members of the Spanish delegation will meet with the country's leading construction company Saudi Binladin Group, with the Saudi rail companies Saudi Railway Organization (SRO) and Saudi Railway Company (SAR), and with the Cooperation Council for the Arab States of the Gulf (GCC).

MAFEX: Boosting Spanish Rail Industry's Exports and Internationalization
During this visit the Spanish companies will be showing the experience gained in the development of rail infrastructures, as well as the technological advances and innovations implemented throughout the world which have led them to become an international point of reference.

This trip is included within the efforts of the MAFEX association to promote the exports of its members in the region, and to consolidate the presence of the rail industry in the Persian Gulf -a priority region in their exports plan.

About MAFEX
The objective of the Spanish Association of Manufacturers and Exporters of Equipment and Services for the Rail Industry (MAFEX) is to carry out promotional activities in other countries, as well as to defend their general interests.

Created in 2004, it currently has 76 members representing more than 85% of Spanish rail industry's exports, according to official figures in 2009. Known as the official collaborating organization of the Spanish Ministry of Trade, Industry and Tourism through its Subsecretariat of Trade, the Association is supported by GRUPO AGEX, to which it belongs, and by different national and international organizations and institutions.

For more information:
Alen Comunicación: Helena Meléndez (Responsible for rail communication)
C/Juan de Vera, 21, 2ºB - 28010 Madrid, Spain
Telephone: + 34 91 530  36 94 
Mobile: +34 656 27 01 77
E-mail: helena.melendez@alencom.es

Comunicación MAFEX
Pedro Fortea (Director) / Noemí Bellanco (Marketing)
Ledesma 10 bis, 1º Izquierda - E48001 - Bilbao - Spain
Telephone: +  34 944 70 65 12
Fax: +34 944 22 00 61

© Press Release 2012

x DISCLAIMER

Zawya is a distributor (and not a publisher) of content supplied by third parties and subscribers. Any opinions, advice, statements, services, offers, or other information or content expressed or made available by those third parties, including information providers, subscribers or other users of the Service, are those of the respective author(s) or distributor(s) and not of the Company. The Company neither endorses nor is responsible for the accuracy or reliability of any opinion, advice or statement made on the Service by anyone other than authorized Service employee spokespersons while acting in their official capacities. The Company is not responsible for any infringement of intellectual property rights or breach of any applicable law or regulation, including regulation in relation to financial services or the distribution of financial products, defamation, data protection, telecommunications (including regulations relating to excessive use, spamming or other abusive activities) or obscene, offensive or illegal content). Under no circumstances will the Company be liable for any loss or damage caused by a member's reliance on information obtained through the Service. It is the responsibility of member to evaluate the accuracy, completeness or usefulness of any information, opinion, advice or other content available through the Service. Please seek the advice of professionals, as appropriate, regarding the evaluation of any specific information, opinion, advice or other content.

Read the full Member Agreement
http://www.zawya.com/legal/NewsLetter.cfm?name=disclaimer

View the original article here

Railway companies in search for new business opportunities in the United Arab Emirates, Qatar and Saudi Arabia - Zawya.com

Back to Sign-In Form If you have forgotten your login details, please re-confirm your email address below and your username and password will be sent to this email shortly.
• A trade delegation of Spanish businessmen from the railway sector, organized by MAFEX in collaboration with ICEX, will be visiting the United Arab Emirates, Qatar and Saudi Arabia in search for new business opportunities.

• Representatives will be visiting these three countries from 20-28 February with the aim of fostering the internationalization of their companies through rounds of meetings with delegates and representatives from local authorities.

• This business gathering is part of the visit agenda planned by MAFEX for 2012, which aims at fostering the presence of the Spanish rail industry throughout the world

Madrid, February 2012
The Spanish Association of Manufacturers and Exporters of Equipment and Services for the Railway Industry (MAFEX), in collaboration with the Spanish Institute of Foreign Trade (ICEX) has organized a new trade delegation to the United Arab Emirates, Qatar and Saudi Arabia, from February 20-28.

The main objective of this activity is to promote the Spanish rail industry in these three countries, to enlarge its growth expectations, and to strengthen its position in regard to new infrastructure and transportation projects to be developed within the next few years.

United Arab Emirates: Infrastructure Projects for the Future
The Spanish delegation also wants to show its interest in participating in such new infrastructure projects as the Gulf Rail Network connecting Saudi Arabia, the United Arab Emirates, Bahrain, Qatar and Oman.

A round of meetings will take place during this trade delegation, with the aim of showing the great experience of the Spanish rail industry in the development of projects of such importance in order to strengthen its position in new upcoming tenders.

Among planned interviews is the meeting with representatives from Dubai-Road transportation and the Transport Authority of Dubai (RTA), the rail company Etihad Railways, and the Abu Dhabi Municipality.

Qatar: New Opportunities in Public Transportation Works
In addition to the great project in Saudi Arabia, through this trade delegation MAFEX wants to promote Spanish companies regarding new public transportation plans within the region, the Qatar Metro among others.

The emirate has planned to start an ambitious infrastructure plan, with an investment of around 24,000 million euros, to host the Soccer World Cup in 2022. One example of such significant works included in this plan is the construction of underground and light rail networks of more than 650 kilometers. According to planned schedule, representatives of the trade delegation will meet with representatives from Qatar railways -Qatar Railways Company.

Saudi Arabia: a Quantum Leap for the Spanish Rail Industry
MAFEX's trade delegation takes place in a key moment for the Spanish rail industry in Saudi Arabia. The recent contract awarded to the Spanish consortium for the construction of the high-speed line between Medina and Mecca has become the biggest one at an international level. The project will have a positive impact in the internationalization of Spanish rail companies. Out of a total of 6,700 million Euros for its construction cost, 2,700 million will be Spanish exports. The consortium, Al Shoula, will begin works in two months.

During the visit to Saudi Arabia, the members of the Spanish delegation will meet with the country's leading construction company Saudi Binladin Group, with the Saudi rail companies Saudi Railway Organization (SRO) and Saudi Railway Company (SAR), and with the Cooperation Council for the Arab States of the Gulf (GCC).

MAFEX: Boosting Spanish Rail Industry's Exports and Internationalization
During this visit the Spanish companies will be showing the experience gained in the development of rail infrastructures, as well as the technological advances and innovations implemented throughout the world which have led them to become an international point of reference.

This trip is included within the efforts of the MAFEX association to promote the exports of its members in the region, and to consolidate the presence of the rail industry in the Persian Gulf -a priority region in their exports plan.

About MAFEX
The objective of the Spanish Association of Manufacturers and Exporters of Equipment and Services for the Rail Industry (MAFEX) is to carry out promotional activities in other countries, as well as to defend their general interests.

Created in 2004, it currently has 76 members representing more than 85% of Spanish rail industry's exports, according to official figures in 2009. Known as the official collaborating organization of the Spanish Ministry of Trade, Industry and Tourism through its Subsecretariat of Trade, the Association is supported by GRUPO AGEX, to which it belongs, and by different national and international organizations and institutions.

For more information:
Alen Comunicación: Helena Meléndez (Responsible for rail communication)
C/Juan de Vera, 21, 2ºB - 28010 Madrid, Spain
Telephone: + 34 91 530  36 94 
Mobile: +34 656 27 01 77
E-mail: helena.melendez@alencom.es

Comunicación MAFEX
Pedro Fortea (Director) / Noemí Bellanco (Marketing)
Ledesma 10 bis, 1º Izquierda - E48001 - Bilbao - Spain
Telephone: +  34 944 70 65 12
Fax: +34 944 22 00 61

© Press Release 2012

x DISCLAIMER

Zawya is a distributor (and not a publisher) of content supplied by third parties and subscribers. Any opinions, advice, statements, services, offers, or other information or content expressed or made available by those third parties, including information providers, subscribers or other users of the Service, are those of the respective author(s) or distributor(s) and not of the Company. The Company neither endorses nor is responsible for the accuracy or reliability of any opinion, advice or statement made on the Service by anyone other than authorized Service employee spokespersons while acting in their official capacities. The Company is not responsible for any infringement of intellectual property rights or breach of any applicable law or regulation, including regulation in relation to financial services or the distribution of financial products, defamation, data protection, telecommunications (including regulations relating to excessive use, spamming or other abusive activities) or obscene, offensive or illegal content). Under no circumstances will the Company be liable for any loss or damage caused by a member's reliance on information obtained through the Service. It is the responsibility of member to evaluate the accuracy, completeness or usefulness of any information, opinion, advice or other content available through the Service. Please seek the advice of professionals, as appropriate, regarding the evaluation of any specific information, opinion, advice or other content.

Read the full Member Agreement
http://www.zawya.com/legal/NewsLetter.cfm?name=disclaimer

View the original article here