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    Pacts worth over OMR 33 million signed to establish agricultural, fisheries projects

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    Egypt’s food industries contribute 24.5% of GDP

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    Local, Italian companies partner up to establish food retail chain in Egypt

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      What will Qatar do with its World Cup infrastructure after FIFA 2022 ends?

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          Food Africa and pacprocess MEA attract over 25,000 trade visitors to the trade fair duo in Egypt

          Pacts worth over OMR 33 million signed to establish agricultural, fisheries projects

          Pacts worth over OMR 33 million signed to establish agricultural, fisheries projects

          Egypt’s food industries contribute 24.5% of GDP

          Egypt’s food industries contribute 24.5% of GDP

          $36mln contract for construction of Duqm fisheries complex

          $36mln contract for construction of Duqm fisheries complex

          Ministry signs agreement to support Oman’s honey industry

          Ministry signs agreement to support Oman’s honey industry

          Local, Italian companies partner up to establish food retail chain in Egypt

          Local, Italian companies partner up to establish food retail chain in Egypt

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            Food Africa and pacprocess MEA attract over 25,000 trade visitors to the trade fair duo in Egypt

            Profits at top Saudi banks jump 17.6% in Q1

            Profits at top Saudi banks jump 17.6% in Q1

            GCC can create 600,000 tech jobs and add US$255 billion to GDP by 2030

            GCC can create 600,000 tech jobs and add US$255 billion to GDP by 2030

            What will Qatar do with its World Cup infrastructure after FIFA 2022 ends?

            What will Qatar do with its World Cup infrastructure after FIFA 2022 ends?

            New study reveals that UAE is most competitive economy in the Arab world

            New study reveals that UAE is most competitive economy in the Arab world

            Top 10 listed companies in the Middle East

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            Oman Construction Equipment Industry to 2028

            Oman Construction Equipment Industry to 2028

            $36mln contract for construction of Duqm fisheries complex

            $36mln contract for construction of Duqm fisheries complex

            What will Qatar do with its World Cup infrastructure after FIFA 2022 ends?

            What will Qatar do with its World Cup infrastructure after FIFA 2022 ends?

            Madayn working on major Oman industrial city projects

            Madayn working on major Oman industrial city projects

            Foundation stone laid for new 700-bed hospital is Salalah, Oman

            Foundation stone laid for new 700-bed hospital is Salalah, Oman

            Iraq set to award new Faw Port deals

            Iraq set to award new Faw Port deals

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              Suez Canal expects US$3.5 billion in revenues in H1

              Suez Canal expects US$3.5 billion in revenues in H1

              UAE and Egypt’s consortium to buy African renewables firm Lekela Power

              UAE and Egypt’s consortium to buy African renewables firm Lekela Power

              Fitch revises Saudi Aramco’s outlook to positive from stable

              Fitch revises Saudi Aramco’s outlook to positive from stable

              Investments in renewables in Egypt reach LE6 bn: Official

              Investments in renewables in Egypt reach LE6 bn: Official

              Egypt signs 8 gas exploration contracts worth $934mn over 15 months

              Egypt signs 8 gas exploration contracts worth $934mn over 15 months

              JGC lands $3.7bn Iraq refinery upgradation project deal

              JGC lands $3.7bn Iraq refinery upgradation project deal

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                Coronavirus: UAE conducting human trials for Covid-19 vaccine

                Coronavirus: UAE conducting human trials for Covid-19 vaccine

                COVID-19 vaccine could be available by autumn: Oxford University

                GSK to develop plant-based COVID-19 vaccine with Canada’s Medicago

                Egyptian COVID-19 drug to be on market in two weeks: Health Ministry

                Egyptian COVID-19 drug to be on market in two weeks: Health Ministry

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                UAE sends medical aid to Iraq to fight COVID-19

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                UAE launches phase III trial of inactivated Covid vaccine

                COVID-19 vaccine could be available by autumn: Oxford University

                COVID-19 vaccine could be available by autumn: Oxford University

              • Hospitality

                Food Africa and pacprocess MEA attract over 25,000 trade visitors to the trade fair duo in Egypt

                Qatar has ‘solid’ line-up of infrastructure, hospitality projects to prepare for large influx of visitors in 2022: OBG

                Qatar has ‘solid’ line-up of infrastructure, hospitality projects to prepare for large influx of visitors in 2022: OBG

                Saudi to be among world’s big leisure tourism hubs by 2030

                Saudi to be among world’s big leisure tourism hubs by 2030

                Qatar’s hospitality sector peaks despite turbulent 2020

                Qatar’s hospitality sector peaks despite turbulent 2020

                Accor inks deal to manage first Swissôtel-branded hotel and residential project in Qatar

                Accor inks deal to manage first Swissôtel-branded hotel and residential project in Qatar

                Staycations to stimulate Qatar’s hospitality sector

                Staycations to stimulate Qatar’s hospitality sector

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              Bahrain moves to strengthen ICT services

              OBG

              June 30, 2016
              in IT & Telecom
              0

              Providing countrywide high-speed internet service is the overarching aim of Bahrain’s latest master plan for the kingdom’s ICT industry.

              Launched on May 8 and set to run over the next three years, the fourth National Telecommunications Plan (NTP) targets improving connectivity and data transfer speeds across the kingdom, while also providing universal fiber optic coverage through stronger infrastructure.

              Shoring up services
              The newest master plan builds on the achievements of the previous three programs, which facilitated the liberalization of Bahrain’s ICT sector by laying the groundwork for the development of a digital economy and addressing shortfalls in hard infrastructure and the regulatory framework.

              In a policy shift welcomed by key industry stakeholders, Bahrain’s Ministry of Transportation and Telecommunications will oversee the implementation of NTP, rather than the Telecommunications Regulatory Authority (TRA).

              “The TRA shouldn’t be expected to act as both regulator and enforcer,” Rashid Al Snan, CEO of Etisalcom Bahrain, an ICT services provider, told OBG. “Enforcement is bound to be more efficient and effective when overseen by a ministry.”

              The NTP also seeks to enhance Bahrain’s status as a regional ICT center, as it strengthens electronic communications security and boosts the international connectivity of the country’s telecoms networks.

              Fiber going further
              Under the new plan, Bahrain will expand its fiber optic network to offer full coverage nationwide within three years, with the aim of providing affordable, high-speed access to fixed-line broadband services.

              Veer Passi, CEO of Kalaam Telecom, Bahrain’s second-largest internet services provider for corporate services, welcomed the plan’s objectives, telling OBG that they indicated “a clear sense of seriousness about developing the Bahraini ICT market”.

              “The development of one network with all fiber infrastructure under one roof and standard pricing is especially significant,” he added.

              The investment and development program will also ready Bahrain for the deployment of 5G technology, which marks the next step in the evolution of mobile telecoms.

              Operators in Bahrain are eyeing a rollout of 5G services by 2018 at the latest. The NTP foresees allocating new spectrum to service providers, which will be required for a future 5G launch.

              While there has been a steep downturn in average revenue per user over the past eight years, earnings from broadband have increased, with the number of broadband subscribers rising from 1.63m in 2013 to 2m in the first quarter of 2016, according to the TRA.

              Mobile services now make up 50% of all broadband usage and account for more than a third of all broadband revenues.

              Stronger infrastructure and comprehensive fiber optic coverage should help shift this balance, with advanced connections to the home and workplace generating higher demand for content and data services to fixed platforms.

              Competitive marketplace
              Competition in Bahrain’s ICT market is fierce, with the main industry players competing for market share with a rising number of internet firms offering communications and data services.

              Bahrain Telecommunications Company (Batelco), recorded a 33% year-on-year (y-o-y) drop in net profits in the first quarter of 2016, while Kuwait-owned mobile telecommunications company Zain’s net profits were also down 10%. Viva, a subsidiary of Saudi Telecom Company, meanwhile, saw its net profits for the quarter slip 5% y-o-y.
               
              Zain cited tougher domestic competition and foreign exchange volatility among the contributing factors, according to international media reports.
               
              All three firms, however, noted positive trends when it came to acquiring customers.

              Zain continued to gain market share, recording an increase in its customer base compared to the previous quarter, while Viva’s client list had reached 2.4m by the end of March. Batelco saw its broadband client base rise by 8%.

              Ihab Hinnawi, group CEO of Batelco, attributed the strong growth to rising demand for television and other value-added services, fueled by increased investments in infrastructure, according to local press reports.

              Supporting SMEs
              Higher broadband take-up also reflected the growing needs of Bahrain’s business sector and rising demand for advanced digital solutions.

              “Cloud capabilities, [over-the-top] TV services, fiber to the home and delivery of superfast broadband are the areas we are tightening our focus on during 2016,” Hinnawi said, when announcing the company’s first-quarter results.

              NTP also comes at a time when there is growing awareness about the advantages of ICT as an economic tool.

              Improved IT services will be pivotal in helping small businesses grow, according to Ahmed Alhujairy, chairman and group CEO of Gulf Future Business, a corporate services and ICT consultancy firm.

              “The Bahraini market is too small to support growth across small and medium-sized enterprises, so a strong IT infrastructure has a key part to play in enabling these businesses to scale up quickly in preparation for expanding into neighboring GCC markets,” he told OBG.
              Oxford Business Group
              30 June

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