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European IT firms feel heat in Dubai
DUBAI, Oct. 10 -- A random walk down the 31st Gitex Technology Week fair and exhibition, the largest IT and Telecom fair in the Middle East and North Africa, is like mirroring the current economic state of the world.
While emerging markets like China, Iran or South Korea increase their presence, European country pavilions show a much smaller presence this year.
Morocco and Malta have country pavilions for the first time at the Gitex. Some 3,500 suppliers from 57 countries display the latest IT products, software solutions and accessories in Dubai, a central trade hub bridging Europe with East.
At the same time, European firms reduce their presence. At the Swiss Pavilion, only five ICT firms have booked a stand, and all of them are small and medium enterprises.
"The big brands fear a recession, so they save money by not showing up," said an insider of the ICT industry in Switzerland who does not want to be named.
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European IT firms feel heat in DubaiEastDay.com - Dec 31, 1969
Some 3500 suppliers from 57 countries display the latest IT products, software solutions and accessories in Dubai, a central trade hub bridging Europe with East. At the same time, European firms reduce their presence. At the Swiss Pavilion,The Guardian - Dec 31, 1969
Trading on that heritage, it has opened a high-profile store, inspired by the facade of No 10 Downing Street, in the shopping centre within Dubai's Burj Khalifa, the world's tallest building. It is also looking for growth in European markets such as
Health Talk & You - Dec 31, 1969
In February 2010, Bloomingdale's opened in Dubai, United Arab Emirates. Hecla Mining Company (NYSE: HL) percentage change fell -3.35%, to close at $6.06 and its overall traded volume was 10.82M shares during the last session against its average volumeCoastweek - Dec 31, 1969
Computer hardware items are mainly imported from Asia , specifically Dubai , United Arab Emirates , while second hand clothes and shoes come from Europe and America . Kenya is one of the world's largest importers of second hand clothings.