mena region Archives - AfricaBusiness.com

5Nov

By Africa BusinessNo Comments

Energy, Green Energy

Qatar breaks ground on solar stadium

The tender for the first solar-powered World Cup 2022 stadium has been issued and the winners will be announced in November or December, the Qatar 2022 Supreme Committee has said. Construction should follow soon thereafter and if all goes according to plan, Al Wakrah stadium will be complete as soon as 2015. “The stadium will be developed in conjunction with Qatar Foundation at Education City,” and an additional five of the 12 planned stadia are in either planning or tender stages. Qatar is taking their world cup planning very seriously, as they hope to create a cultural, economic and social legacy, although this will depend a great deal on how well they treat their foreign workers during the process. “Our aim is to ensure that the event contributes to achieving the targets set...

Hyundai goes big at GulfSol 2013

Hyundai Heavy Industries has confirmed a major presence at GulfSol 2013 (3-5 September 2013, Dubai World Trade Centre), with the reservation of a prime-located 100 sq metre exhibition stand. The Korean solar giant has always been a key mover in emerging markets, and this sizeable booking sends out a clear message of intent to its competitors that it is making a major focus on the MENA region in the coming years, and wants to ensure it has first-mover advantage. “Even though there are 12 months to go, the demand for space has been fantastic” says Nick Thomson, Exhibition Director, GulfSol 2013, “and this move by Hyundai sends out a clear message to all those still contemplating the size and location of their stand at the show to book in early whilst there is space still available a...

Middle East and North Africa: Boosting support for women’s entrepreneurship will pay off in jobs and growth, says OECD

PARIS, France, October 8, 2012/African Press Organization (APO)/ – Governments in the Middle East and North Africa (MENA) should create urgently needed jobs for the 2.5 million people entering the labour market each year and improve their policies to encourage women’s entrepreneurship in order to reduce structural unemployment, says a new OECD report. Women in Business: Policies to Support Women’s Entrepreneurship Development in the MENA Region notes that while MENA governments have made progress over the past decade in closing the gender gap in education, more needs to be done to tackle gender inequality in business. Today, only 27% of women in the region join the labour force, compared to 51% in other low, middle and high-income economies, and only 11% are self-employed, against...