Home » Middle East

322 posts categorized "Middle East"

April 20, 2015

The Dash for Iran

Sarah-B-Banner

View Sarah Boumphrey's profile on LinkedIn

Consumer goods companies are clearly excited about the potential that Iran offers as a consumer market, following the framework agreement over Iran’s nuclear programme. Iran has the largest population in the Middle East, at 77.2 million in 2014; it also has the second largest economy (behind Saudi Arabia) with GDP of US$441 billion in the same year - a similar size to Austria. Yet size isn’t everything – sanctions have stifled the economy, which returned to growth last year following two years of decline.  The country’s economic woes are compounded by high (if falling) inflation, a fragile currency, a troubled banking sector and a weak fiscal position. This is further magnified by a weak business environment, with the government crowding out the private sector.

Despite these challenges, the framework agreement which could herald an end to sanctions, has been greeted with much enthusiasm by multinationals. Is this enthusiasm justified? Although the situation remains fluid, and the US Congress could still reject the deal, the answer is yes and no.

Continue reading "The Dash for Iran" »

March 28, 2015

Saudi Arabia: Migrant Workers and Mid-Income Group Drive Record Sales of Cheap Cars

Arunas-UmbrasasAnalyst Insight by Arunas Umbrasas - Industrial Analyst

View Arunas Umbrasas's profile on LinkedIn

Saudi Arabia’s booming automobile market powered through the global sales slump over 2009-2013 and is set to register roaring growth over 2013-2019. Surprisingly, sales expansion is being fuelled not by sales of bespoke Rolls-Royces but by low-cost vehicles, which are increasingly popular among mid-income Saudis and foreign workers. Dynamic growth has already attracted major brands from China such as Geely, which capitalised on robust growth to expand market share by catering to low-cost vehicle buyers. As leading competitors continue to launch new models and more foreign workers arrive in the Kingdom, car sales will only grow further during the forecast period.

Continue reading "Saudi Arabia: Migrant Workers and Mid-Income Group Drive Record Sales of Cheap Cars" »

March 17, 2015

Analysing Qatar Airway's Stake in the International Airlines Group

Airplane-Banner

Qatar Airways has recently acquired a 10% stake in the International Airlines Group for which they paid US$1.7 billion. This podcast discusses possible strategy behind this partnership and its impact on the competitive landscape in Qatar Airways' service areas and the airline industry as a whole. Listen to the podcast for complete insights.

Continue reading "Analysing Qatar Airway's Stake in the International Airlines Group" »

March 6, 2015

Rising Disposable Incomes in Emerging Markets Linked to Increasing Possession of Passenger Cars

Carrie_LennardAnalyst Insight by Carrie Lennard -  Business Environment Manager

View Carrie Lennard's profile on LinkedIn

Although ownership of passenger cars varies greatly across emerging markets, nearly every emerging and developing country saw their proportion of passenger cars per household rise from 2009-2014. This was strongly linked to a rise in annual disposable incomes per household in US$ terms in emerging markets from 2009-2014, triggering a rise in automotive sales in key countries such as China and Brazil.

Possession of Passenger Car and Annual Disposable Income per Household in Selected Emerging Markets: 2009/2014

Automotive-Possession-Rates

Source: Euromonitor International from national statistics

Continue reading "Rising Disposable Incomes in Emerging Markets Linked to Increasing Possession of Passenger Cars" »

March 4, 2015

The Rising Power of Female Consumers

Female-Consumer-Banner

The global female population totalled an estimated 3.6 billion in 2014 and is expected to reach 4.2 billion by 2030. Average disposable income amongst women is the highest it's ever been, and women are living longer than men.

What are you doing to reach this growing market?

Recording
View now to learn:

  • The size and distribution of the female consumer market
  • Literacy and education rates
  • Labour participation
  • Purchasing power

 

Continue reading "The Rising Power of Female Consumers" »

February 25, 2015

Higher Education Rising Globally

A rising population with higher education goes hand-in-hand with a shift toward more sophisticated job sectors. This, in turn, drives rising levels of disposable income. This video examine causation, trends and specific markets experiencing the highest growth rates in consumers pursuing advanced degrees.

Continue reading "Higher Education Rising Globally" »

February 24, 2015

2015 Outlook for Emerging Market Economies

Africa-Business-Banner

EMEs will face a diverging growth outlook in 2015, while continuing to lead the global growth momentum. Low fuel prices will benefit energy-importing countries thanks to savings to countries and consumers and narrow current account deficits, but it will depress the revenues of commodity-exporting emerging countries. Meanwhile, increased volatility in capital inflows and currency, and further geopolitical destabilisation in some countries/regions remain the major risks for EMEs.

Continue reading "2015 Outlook for Emerging Market Economies" »

February 12, 2015

First Steps to Success in Emerging Markets

Webinar | Thursday, February 19 | 9 a.m. CST / 3 p.m. GMT

Avoid poor sales and unforeseen costs when expanding to emerging markets. Our four pillar model for selecting new emerging markets increases your chances for success.

  • Learn how to apply our four pillar model to your emerging market selection process
  • Maximise profitability by targeting the right people in the right place at the right time
  • Gain an understanding of the practicalities of market entry

Recording

Speaker

Sarah_BoumphreySarah Boumphrey brings a wealth of knowledge on industry, country and consumer trends. Be sure to stick around for the Q&A following her presentation!

View Sarah Boumphrey's profile on LinkedIn

February 3, 2015

Energy Drinks in Saudi Arabia

Popcap-banner

Download as MP3

Energy drinks offer huge potential in Saudi Arabia. The category saw 12% growth in 2014 alone. Due to the ban on alcohol, energy drinks are viewed as a social substitute because of their high caffeine content. However, the government has placed a marketing ban on energy drinks manufacturers in the country following health impact reports.  Listen to the full podcast for complete insights.

Continue reading "Energy Drinks in Saudi Arabia" »

Euromonitor to Speak at Gulfood 2015

Gulfood
Event Name:  Gulfood

Dates: February 8-12, 2015

Location: Dubai, UAE

Event Description: Whether you’re looking to supersize your business or delight customers with unique and inspiring flavours, you’ll find a whole world of suppliers at Gulfood.
The biggest brands. The latest innovations. Amazing values.

Your industry is global. Change is constant. New markets open as fast as old ones close. Supply routes can be as fickle as consumer tastes and trends. Gulfood is where you get to make sense of it all, where you get to put your finger on the industry pulse, feel its heart beat and see where your markets and suppliers can evolve and change.

Continue reading "Euromonitor to Speak at Gulfood 2015" »

Subscribe

 RSS Feed

Receive New Posts via Email:

 

Join us on...


Filter by Category

Filter by Geography

Filter by Industry

Recent Posts

The Dash for Iran

Saudi Arabia: Migrant Workers and Mid-Income Group Drive Record Sales of Cheap Cars

Analysing Qatar Airway's Stake in the International Airlines Group

Rising Disposable Incomes in Emerging Markets Linked to Increasing Possession of Passenger Cars

The Rising Power of Female Consumers

Higher Education Rising Globally

2015 Outlook for Emerging Market Economies

First Steps to Success in Emerging Markets

Energy Drinks in Saudi Arabia

Euromonitor to Speak at Gulfood 2015