Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

UAE wood industry to witness 126% growth  Join our daily free Newsletter

MENAFN - Khaleej Times - 08/01/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Khaleej Times) The UAE wood industry is expected to register cumulative growth of 126 per cent over the next seven years driven by the boom in the construction sector as part of the Expo 2020 build-up.



Organisers of the three-day Dubai WoodShow 2014, which starts from April 8, said this growth will be powered by rising investments in the real-estate and infrastructure, in addition to the other expansion projects across the country. They said the event has received overwhelming response from international timber firms which are looking to establish regional presence through Dubai to meet anticipated demand as part of the buildup for Expo 2020



The Dubai WoodShow will have participation of over 500 companies from 40 countries, an increase of seven per cent compared to the previous edition. The exhibition has been backed by more than 11 supporting associations including theUAE Society of Engineers, American Hardwood Export Council, China National Forestry Machinery Association, French Timber and Quebec Wood Export Bureau among others. It will feature 12 international pavilions as well as 62 international and local media partners




"We anticipate more than 10,000 visitors to the show. The exhibition area has increased to 13,428sqm, compared to 12,629sqm in the previous edition," Walid Farghal, director-general of Strategic Marketing and Exhibitions, organisers of The Dubai WoodShow, said



"We are delighted with this success achieved since 2006 when we launched the exhibition with 75 exhibitors from 15 countries. We also expect increase in the volume of commercial deals due to the growing demand for home and office furniture," Farghal said



The last edition concluded with deals touching 100 million and attracted great interes


 


Khaleej Times




  MENA News Headlines
 Jul 28 2016 - S Korea to improve historic port of AlexandriaMENAFN
(MENAFN) South Korea has announced its readiness to enhance and develop the historic port city of Alexandria in Egypt, a report said.In detail the study will look into the technical feasibility of ...

 Jul 28 2016 - UAE's Empower eyes Wetex exhibitionMENAFN
(MENAFN) UAE-based Empower will showcase its most recent efforts to adopt environmental initiatives at the Water, Energy, Technology, and Environment Exhibition (Wetex 2016) in October.In detail, the ...

 Jul 28 2016 - Brokers: Centrica in favour with Credit SuisseProactiveInvestors - UK
(MENAFN - ProactiveInvestors - UK) Josh Allsopp , Wed UK energy firms received a boost of broker confidence today, with both Credit Suisse and Deutsch Bank upgrading their price targets for ...

 Jul 28 2016 - World Bank increases oil price forecast for 2016ProactiveInvestors - UK
(MENAFN - ProactiveInvestors - UK) The World Bank offered some respite to non-Opec oil exporters on Wednesday by upping its oil price forecast for 2016. The bank increased its projection to US$43 ...

 Jul 28 2016 - Centrica sees hit from warm US weather and low oil prices as profits dipProactiveInvestors - UK
(MENAFN - ProactiveInvestors - UK) Centrica (LON:CNA) predicted a hit from low oil prices for its exploration division in the second half and said it would cut 3,000 jobs this year. The British ...

 Jul 28 2016 - PM Abe's plan for $265 billion stimulus puts pressure on BOJ to easeProactiveInvestors - UK
(MENAFN - ProactiveInvestors - UK) Fuller Treacy Money, 08:26 PM Abe's plan for $265 billion stimulus puts pressure on BOJ to ease Japan's prime minister unveiled a surprisingly large $265 ...

 Jul 28 2016 - 'Marriott Al Forsan Hotel' to be unveiled in Abu DhabiMENAFN Press
(MENAFN Press) Agreement signed between H.E. Saif Al Hajeri, Chairman Al Forsan Holding, and Mr. Alex Kyriakidis, President and Managing Director of Marriott International, Middle East and ...

 Jul 28 2016 - Dubai's DP World bags port development contract in TaiwanMENAFN
(MENAFN) DP World, a Dubai-based global marine terminal operator, has inked a deal with the state-run Taiwan International Ports Corporation (TIPC), for the development of Kaohsiung Port's Terminal ...

 Jul 28 2016 - SDX Energy confirms completion of funding's second trancheProactiveInvestors - N.America
(MENAFN - ProactiveInvestors - N.America) SDX Energy Inc (LON:SDX, CVE:SDX) closed the second tranche of its recent funding, issuing new shares priced at 18p each (current price: 20.25p). The ...

 Jul 28 2016 - World Bank increases oil price forecast for 2016ProactiveInvestors - N.America
(MENAFN - ProactiveInvestors - N.America) The World Bank offered some respite to non-Opec oil exporters on Wednesday by upping its oil price forecast for 2016. The bank increased its ...

more...


 





Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help