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Business success made easy
Being prepared to make a long-term commitment, work around the clock, take a risk and accept total responsibility are all crucial for anyone wanting to become an entrepreneur, according to easyGroup founder Stelios Haji-Ioannou. Haji-Ioannou believes that governments need to change the culture in a country to encourage entrepreneurship, by tolerating failure and celebrating success.
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Dream time for ME entrepreneurs
The Middle East is going through phenomenal change and the time is ripe for entrepreneurs, according to Young Entrepreneurs' Organisation international president Vijay K Tirathrai. Tirathrai says that good entrepreneurs are courageous and driven, and able to spot opportunities that others miss.
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Intilaaqah at Entrepreneurs
Intilaaqah is Shell's self-help programme for budding entrepreneurs in the Middle East, helping them with business skills and development. Shell is also sponsoring Entrepreneurs in Dubai, to show its commitment to the region's young business people.
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Ignore ethics at your peril
Businesses ignore ethic-driven consumers at their peril, according to Body Shop founder Anita Roddick. Speaking at the Entrepreneurs In Dubai forum, Roddick says that customers crave knowledge and honest information, and want to feel empathy with a company.
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Developing world US$9 trillion capital
If the capital in the developing world could be unleashed, it could represent over nine trillion dollars - more than the combined value of the companies on the New York, London and Tokyo stock exchanges, according to statistics quoted by former US Democrat senator John Edwards. Edwards was speaking at Entrepreneurs In Dubai on the subject of a future of hope and opportunity.
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CA entrepreneurial spirit
Entrepreneurs and SMBs represent around 80 per cent of all regional businesses, and 40 per cent of IT spend, according to Ned Jaroudi, Regional Marketing Director, CA. CA is sponsoring the International Entrpreneurship forum in Dubai from 23-25 May, bringing the message of simplifying technology to SMBs.
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HP supporting entrepreneurs
Entrepreneurs, as in small and medium business, represent one third of HP's business worldwide, according to Hamid Hassan, SMB Manager, HP ME. HP will be showcasing its mobility, security and manageability solutions at the International Entrpreneurship forum in Dubai from 23-25 May.
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Red tape hampers business
Middle East executives, especially those running foreign companies, are having huge difficulties with government red tape, and say it hampers their business, according to a survey by Sage software. Respondents also identified a dearth of qualified staff in the region, particularly bilingual staff, according to Shishir Srivastava, Executive Director, Sage Software.
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Almasa regional ambition
Dubai-based IT group Almasa recently posted its results for the first time, recording 52 per cent growth in 2004. Profitablity was driven mainly by the company's IT services and support division. Mehdi Amjad, President & CEO, Almasa Group, says the company will diversify all areas in terms of geography and product range.
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Arab online traders
E*Trade has 15,000 customers in the Middle East trading in regional and US equities, and is currently choosing the best location to set up a regional office. Salim Sebbata, Head US Retail Sales, E*Trade, says the company sees strong potential in the GCC as markets open up.
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Arms race for Combat Clothing
Australian-based Combat Clothing sells a range of clothing, body armour and webbing from clients ranging from the Middle East through to Asia. Stuart Bruce, MD, Combat Clothing, says the company focuses on bleeding edge technology to try and stay stay one step ahead of arms manufacturers.
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Australia offering Gulf defence
The Gulf is seen as a key market for the Australian defence industry, with 25 companies exhibiting at IDEX 2005. Brigadier Bob Brown, heading the Team Australia delegation, says the Australian market's strength is in offering niche products and solutions to the global industry.
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Bullet-proof strategy
Australia-based Tenix Defence Land Division offers a range of vehicle services, including armouring and upgrading cars against gunfire, grenades, bombs and landmines. Tenix S600 vehicles are currently used by the Kuwaiti National Guard, according to business development manager Damon Howes.
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Finger on the electronic pulse
NASDAQ-listed Australian company Metal Storm is in the final stages of producing a unique electronic ballistics system that allows rounds to be fired from a barrel using an electronic pulse, so no mechanical parts are involved. Ian Gillespie, General Manager, Metal Storm, says the system is ideal for remotely-controlled, robotic weaponry.
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Clash of the titans for LID 2005
A host of prominent international names are confirmed for Leaders in Dubai 2005, including Mikhail Gorbachev, Bill Clinton and Madeleine Allbright. Tina Schneidermann, President, Leading Minds, says delegates can expect to witness even more rousing debate between speakers.
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