nep-ara New Economics Papers
on Arab World
Issue of 2009‒06‒10
fifteen papers chosen by
Quentin Wodon
World Bank

  1. The lighting fixtures market in the Middle East. Focus on Dubai By Aurelio Volpe
  2. Financial Integration of North Africa Stock Markets By Ibrahim Onour
  3. The furniture industry in the Middle East By Ugo Finzi; Giovanni Barbiano di Belgiojoso; Davide Tunesi
  4. Testing the Evolving Efficiency of 11 Arab Stock Markets By Walid Abdmoulah
  5. The lighting fixtures market in Turkey By Aurelio Volpe; Mariano Peluso
  6. The furniture industry in Turkey By Alessandra Tracogna; Ugo Finzi; Giovanni Barbiano di Belgiojoso
  7. The office furniture market in Turkey By Sara Paoletti; Mauro Spinelli
  8. The furniture industry in Lebanon By Ugo Finzi; Giovanni Barbiano di Belgiojoso; Davide Tunesi
  9. The furniture industry in Egypt By Ugo Finzi; Giovanni Barbiano di Belgiojoso; Davide Tunesi
  10. The furniture industry in Kuwait By Ugo Finzi; Giovanni Barbiano di Belgiojoso; Davide Tunesi
  11. The office and contract furniture market in the United Arab Emirates By Sara Paoletti; Sara Maddaloni
  12. The furniture industry in Saudi Arabia By Ugo Finzi; Giovanni Barbiano di Belgiojoso; Davide Tunesi
  13. The contract furniture and furnishings market in Saudi Arabia By Sara Paoletti; Mauro Spinelli
  14. The furniture industry in the United Arab Emirates By Ugo Finzi; Giovanni Barbiano di Belgiojoso; Davide Tunesi
  15. The Impacts of GAFTA on Syrian Trade after Its full Implementation By Baghasa, Hajar; Babili, Mahmoud

  1. By: Aurelio Volpe (CSIL Centre for Industrial Studies)
    Abstract: This market research report analyses the lighting fixtures market in the Middle East. Core of the research are the Gulf Countries: Saudi Arabia, United Arab Emirates, Kuwait, Oman, Bahrain and Qatar. Special attention is given to Dubai. The report includes the production, consumption, trade, short profiles of main players and macro-economic and social indicators. The lighting fixtures scenario of the Gulf countries provides the production, exports, imports and consumption in million US dollars for the countries Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates as well as some basic data: population, GNP, mall based footfall and number of tourists. Sales of lighting fixtures in the Middle East are broken down by residential, commercial, industrial en outdoor lighting fixtures. Sales and market shares of main players are given and a short company profile for a number of players is included. A note on the quantity of light sources consumption and a breakdown of light sources used by a sample of companies can be found. The chapter on the United Arab Emirates (UAE) provides the macro-economic indicators, production, trade and consumption of lighting fixtures, the percentage of residential and commercial/outdoor lighting and the share of top players. Sales, market shares and (some) company profiles are given for the main players in the UAE market. The construction activity is emphasised. For Dubai, information on distribution channels and reference prices of lighting fixtures are given. Lighting fixtures exhibitions and magazines are mentioned. The countries Saudi Arabia and Kuwait contain data on the market size and trade activity trend, macro-economoic and social indicators, sales, market share and short profiles of companies present in the market and a note on the demand (construction). For Bahrain, Oman and Qatar are listed the economic and social indicators and trade activity trend, sales and market share of companies present in the market are available for Bahrain and Qatar. A short comment on the trade of lighting fixtures and an estimated production and consumption is included for the Middle East and North African countries Algeria, Azerbaijan, Egypt, Israel, Jordan, Lebanon, Syria, Sudan, Yemen, Iran, Morocco, Tunisia and Turkey.
    JEL: L11 L22 L68 L81
    Date: 2007–09
    URL: http://d.repec.org/n?u=RePEc:mst:csilre:s38&r=ara
  2. By: Ibrahim Onour
    URL: http://d.repec.org/n?u=RePEc:api:apiwps:0908&r=ara
  3. By: Ugo Finzi (CSIL Centre for Industrial Studies); Giovanni Barbiano di Belgiojoso; Davide Tunesi
    Abstract: The Middle East report includes six countries: Egypt, Israel, Kuwait, Lebanon, Saudi Arabia and the United Arab Emirates. The region aggregate furniture demand amounts to US$ 4.6 billion at production prices; yet it is worth stressing that each country has its own peculiarities. Kuwait, Saudi Arabia and the United Arab Emirates are definitely net furniture importers. Their economies can rely on huge oil and gas reserves and feature fast growing construction sectors, with great prospects of profits for furniture exporters, both in the low and high end markets. Egypt instead displays a dynamic furniture industry, which has proven more and more successful in the international markets thanks to skilled labour force and improving business management. The Lebanese furniture industry entered a recovery path and can count on a growing domestic market as well as the geographical and cultural proximity to other Middle East markets. Israel displays a high developed furniture industry, with western standards as regards technology and management. Moreover, furniture production and consumption have steady increased in the last years on the wake of the general economic growth. The report offers a comprehensive picture of the furniture sector in the Middle East, providing trends in furniture production, furniture consumption, furniture imports and exports in Egypt, Israel, Kuwait, Lebanon, Saudi Arabia, United Arab Emirates (UAE). Factors determining the demand for furniture are examined, as well as furniture distribution channels and furniture prices. For each country an outline of the major furniture companies is provided. For each company mentioned in the report, an updated profile with contact details, activity and product offer is provided. Additional information is included when available (size, traded brands, distribution channels). Furniture imports and exports are broken down by country and product (office furniture, kitchen furniture, upholstered furniture, non-upholstered seats, bedroom furniture, seats parts and parts of furniture). The wood and forestry sector is also considered: production, imports, exports and consumption data are provided for the main semi-finished wood products (sawnwood, wood-based panels). Data on woodworking machinery imports are available for most of the considered countries.
    JEL: L11 L22 L68
    Date: 2008–11
    URL: http://d.repec.org/n?u=RePEc:mst:csilre:w07&r=ara
  4. By: Walid Abdmoulah
    URL: http://d.repec.org/n?u=RePEc:api:apiwps:0907&r=ara
  5. By: Aurelio Volpe (CSIL Centre for Industrial Studies); Mariano Peluso (CSIL Centre for Industrial Studies)
    Abstract: This report offers an overview of the lighting fixtures market in Turkey, providing trends in lighting fixtures production and consumption, imports and exports, distribution and prices for both indoor and outdoor lighting. The lighting fixtures market is broken down highlighting the two main market segments for lighting fixtures: decorative/residential lighting and non-residential lighting (architectural/commercial lighting, industrial lighting and outdoor lighting, altogether so-called Technical lighting). The breakdown of Turkish lighting fixtures exports and imports is provided by country and by geographical area (Americas, Asia and Pacific, Europe, Middle East, Africa, Other countries). A breakdown of lighting fixtures exports and imports is also provided by segment: residential lighting, commercial lighting, Christmas and traffic lighting, lighting fixtures components. Reference prices are given for the main lighting products (chandelliers and suspensions, floor and table lamps, wall lamps, commercial and outdoor lighting fixtures) in a sample of stores. An overview of the lighting fixtures distribution in Turkey is offered with data on sales breakdown by distribution channel in a sample of companies and country estimate. An overview of competitive system is outlined, with data on lighting fixtures sales and market shares for the major lighting fixtures companies present on the Turkish market, for each segment: residential lighting, commercial lighting, industrial lighting, outdoor lighting. Short profiles of the major Turkish companies operating in the lighting fixtures sector are also included. Macroeconomic indicators with information on Turkish economy, population by town, real growth of GDP are also provided.
    JEL: L11 L22 L68 L81
    Date: 2008–12
    URL: http://d.repec.org/n?u=RePEc:mst:csilre:s45&r=ara
  6. By: Alessandra Tracogna (CSIL Centre for Industrial Studies); Ugo Finzi (CSIL Centre for Industrial Studies); Giovanni Barbiano di Belgiojoso
    Abstract: This report offers a comprehensive picture of the furniture sector in Turkey, providing trends in furniture production and consumption, furniture imports and exports. Factors determining the demand for furniture are examined, as well as furniture supply structure. Short profiles are provided for the main Turkish furniture manufacturers with production plants and employees, product mix. Turkish furniture imports and exports are broken down by country and product (office furniture, kitchen furniture, upholstered furniture, dining and living room furniture, bedroom furniture, seats parts, parts of furniture). The wood and forestry sector is also considered: production, imports, exports and consumption data are provided for the main semi-finished wood products (sawn wood; wood-based panels). Woodworking machinery imports from the main partner countries are included.
    JEL: L11 L22 L68
    Date: 2008–04
    URL: http://d.repec.org/n?u=RePEc:mst:csilre:w02tr&r=ara
  7. By: Sara Paoletti (CSIL Centre for Industrial Studies); Mauro Spinelli (CSIL Centre for Industrial Studies)
    Abstract: Office furniture production accounted for 28% of total furniture production in Turkey. Foreign markets absorbed 25% of production and imports accounted for just 8% of consumption. The furniture sector in Turkey boasts 29,346 manufacturing companies employing 92,567 workers. The Central Region, including Ankara, the industrial area of Sincan, and the neighbouring provinces of Kayseri and Konya, are the most important locations. This market research The office furniture market in Turkey, describes the office furniture sector in Turkey and gives data on production, consumption, import and export of office furniture. The structure of the office furniture sector in Turkey is analyzed through 50 interviews with leading office manufacturing companies, dealers and facility managers/buyers. Profiles of main office furniture manufacturers, sales and market share are also provided. Breakdown of Turkish consumption by macro-region and demand determinants are also considered. Analysis of distribution channels: direct sales and contract, specialised dealers, not specialised dealers, office chains, home furniture dealers and distribution chains, mail orders and e-commerce, office furniture prices and consumption trends.
    JEL: L11 L22 L68 L81
    Date: 2009–04
    URL: http://d.repec.org/n?u=RePEc:mst:csilre:s46&r=ara
  8. By: Ugo Finzi (CSIL Centre for Industrial Studies); Giovanni Barbiano di Belgiojoso; Davide Tunesi
    Abstract: The Lebanese furniture industry entered a recovery path and can count on a growing domestic market as well as the geographical and cultural proximity to other Middle East markets. This report offers a comprehensive picture of the furniture sector in Lebanon, providing trends in furniture production and consumption, furniture imports and exports, consumption prices. Factors determining the demand for furniture are examined, as well as furniture distribution and furniture supply structure. Updated profiles of the main furniture manufacturers are provided. Contact details, activity and product offer is provided. Additional information is included when available (size, traded brands, distribution channels). Furniture imports and exports of Lebanon are broken down by country and product (office furniture, kitchen furniture, upholstered furniture, non-upholstered seats, bedroom furniture, seats parts and parts of furniture). The wood and forestry sector is also considered: production, imports, exports and consumption data are provided for the main semi-finished wood products (sawnwood, wood-based panels). Woodworking machinery imports from the main partner countries are included.
    JEL: L11 L22 L68
    Date: 2008–11
    URL: http://d.repec.org/n?u=RePEc:mst:csilre:w07lb&r=ara
  9. By: Ugo Finzi (CSIL Centre for Industrial Studies); Giovanni Barbiano di Belgiojoso; Davide Tunesi
    Abstract: Egypt instead displays a dynamic furniture industry, which has proven more and more successful in the international markets thanks to skilled labour force and improving business management. This report offers a comprehensive picture of the furniture sector in Egypt, providing trends in furniture production and consumption, furniture imports and exports, prices. Factors determining the demand for furniture are examined, as well as furniture distribution and furniture supply structure. Updated profiles of the main furniture manufacturers are provided. Contact details, activity and product offer is provided. Additional information is included when available (size, traded brands, distribution channels). Egyptian furniture imports and exports are broken down by country and product (office furniture, kitchen furniture, upholstered furniture, non-upholstered seats, bedroom furniture, seats parts and parts of furniture). The wood and forestry sector is also considered: production, imports, exports and consumption data are provided for the main semi-finished wood products (sawnwood, wood-based panels). Woodworking machinery imports from the main partner countries are included.
    JEL: L11 L22 L68
    Date: 2008–11
    URL: http://d.repec.org/n?u=RePEc:mst:csilre:w07eg&r=ara
  10. By: Ugo Finzi (CSIL Centre for Industrial Studies); Giovanni Barbiano di Belgiojoso; Davide Tunesi
    Abstract: Kuwait, Saudi Arabia and the United Arab Emirates are definitely net furniture importers. Their economies can rely on huge oil and gas reserves and feature fast growing construction sectors, with great prospects of profits for furniture exporters, both in the low and high end markets. This report offers a comprehensive picture of the furniture sector in Kuwait, providing trends in furniture production and consumption, furniture imports and exports, prices. Factors determining the demand for furniture are examined, as well as furniture supply structure. Updated profiles of the main furniture manufacturers are provided. Contact details, activity and product offer is provided. Additional information is included when available (size, traded brands, distribution channels). Kuwaiti furniture imports and exports, imports data for the main semi-finished wood products (sawnwood, wood-based panels) are also provided.
    JEL: L11 L22 L68
    Date: 2008–11
    URL: http://d.repec.org/n?u=RePEc:mst:csilre:w07kw&r=ara
  11. By: Sara Paoletti (CSIL Centre for Industrial Studies); Sara Maddaloni
    Abstract: The Emirates have become a regional trading hub because of their strategic position in the Gulf area. Imports account for around 90% of consumption in the country, and exports absorb 50% of local production, but a significant part of UAE exports consist of re-exported products, mainly directed to other Middle East and South Asian countries. The contract furniture market is estimated to claim half of all furniture sales in the country. The office segment accounts for 27% of the Emirates contract furniture market. The market research The office and contract furniture market in the United Arab Emirates provides a comprehensive picture of the contract and the office furniture market in the Emirates. The analysis of the contract furniture market includes the names of the major local and foreign manufacturers, information on distribution channels (architects, interior designers and furniture retailers mainly) and contract segments (public and private offices, hotels and restaurants, retail, residential and high-end villas). The study provides also details on the potential market in the different contract sectors: hospitality, restaurant industry, educational, retail and office. The analysis of the office furniture sector includes basic data (production, import, export and apparent consumption) of this segment, information about local and foreign manufacturers, demand determinants and consumption broken down by segment (seating, operative desking, executive furniture, storage, wall to wall, furniture for communal areas) and material. Analysis of distribution channels: direct sales, architects, local distributors with showroom. The report is based on field studies involving direct interviews with roughly 60 sector producers, distributors and contractors. Profiles of furniture manufacturers, dealers and contractors are also provided.
    JEL: L11 L22 L68 L81
    Date: 2009–01
    URL: http://d.repec.org/n?u=RePEc:mst:csilre:s47&r=ara
  12. By: Ugo Finzi (CSIL Centre for Industrial Studies); Giovanni Barbiano di Belgiojoso; Davide Tunesi
    Abstract: Saudi Arabia, Kuwait and the United Arab Emirates are definitely net furniture importers. Their economies can rely on huge oil and gas reserves and feature fast growing construction sectors, with great prospects of profits for furniture exporters, both in the low and high end markets. This report offers a comprehensive picture of the furniture sector in Saudi Arabia, providing trends in furniture production and consumption, furniture imports and exports. Factors determining the demand for furniture are examined, as well as furniture distribution and furniture supply structure. Updated profiles of the main furniture manufacturers are provided. Contact details, activity and product offer is provided. Additional information is included when available (size, traded brands, distribution channels). Saudi furniture imports and exports are broken down by country and product (office furniture, kitchen furniture, upholstered furniture, non-upholstered seats, bedroom furniture, seats parts and parts of furniture). Exports and imports data are provided for the main semi-finished wood products (sawnwood, wood-based panels). Woodworking machinery imports from the main partner countries are included.
    JEL: L11 L22 L68
    Date: 2008–11
    URL: http://d.repec.org/n?u=RePEc:mst:csilre:w07sa&r=ara
  13. By: Sara Paoletti (CSIL Centre for Industrial Studies); Mauro Spinelli (CSIL Centre for Industrial Studies)
    Abstract: The contract furniture and furnishings market in Saudi Arabia is estimated around US$ 744 million (comprising lighting fixtures). Local - governmental- and foreign investments have been the main drivers of this performance. The manufacturing of classic wooden furniture claims the lion’s share, but the presence of steel and metal items is also increasing in the market. The report analyses the production (breakdown by segment), consumption and trade in the contract furniture market. Information about operators, distribution channels, delivery time and prices are also available. The study considers the impact of the financial crisis, with highlights about the future prospects. The contract furniture demand in the country is analysed and differentiated by major sectors: hotels, restaurants, airports, banks and public offices, education and retail. Short profiles of the leading Saudi and foreign manufacturers are provided, with figures about sales and employees when available. Two appendices of traders and architects/ contractors are included, containing contact details and activity specifications. Additional information (traded brands, showrooms, turnover, employees) is reported if available. The research is the result of direct interviews with 40 Saudi operators, official statistics and other official sources.
    JEL: L11 L22 L68
    Date: 2009–01
    URL: http://d.repec.org/n?u=RePEc:mst:csilre:s50&r=ara
  14. By: Ugo Finzi (CSIL Centre for Industrial Studies); Giovanni Barbiano di Belgiojoso; Davide Tunesi
    Abstract: This report offers a comprehensive picture of the furniture sector in the United Arab Emirates, providing trends in furniture production, furniture consumption, furniture imports. Factors determining the demand for furniture are examined, as well as furniture distribution channels. Updated profiles of the main furniture manufacturers are provided. Contact details, activity and product offer is provided. Additional information is included when available (size, traded brands, distribution channels). Furniture imports are broken down by country and product (office furniture, kitchen furniture, upholstered furniture, non-upholstered seats, bedroom furniture, seats parts and parts of furniture). The wood and forestry sector is also considered: production, imports, exports and consumption data are provided for the main semi-finished wood products (sawnwood, wood-based panels). Data on woodworking machinery imports are also available.
    JEL: L11 L22 L68
    Date: 2008–11
    URL: http://d.repec.org/n?u=RePEc:mst:csilre:w07ae&r=ara
  15. By: Baghasa, Hajar; Babili, Mahmoud
    Abstract: Studies about GAFTAâs impact on Syria are still few, especially those about its impacts on the agricultural sector. In fact, concerned researchers are in urgent need to know recent developments in GAFTA implementation and to review its updated impacts on Syrian agricultural sector. Therefore, we, NAPC, suggested producing a working paper about GAFTA, including revision for its current situation, its implementationâs impact on Syrian agricultural trade, and economic regression for Syrian- GAFTA members trade comparing with Syrian- third parties trade (especially the EU). In addition to the general introduction, the paper also includes an evaluation to the Syrian position on the scale of GAFTA targetsâ achievement. The paper checks commercial developments resulted from GAFTA implementation through comparative study for one years before and one after the agreement (1995 and 2005) and evaluate these developments numerically by various trade indicators. After then, an economic study is performed for analysing GAFTA impacts on GAFTA intra trade, and then lastly comes paperâs conclusions. Moreover, (Abedini and Péridy, 2006) paper was considered as a reference paper; Data from the mentioned paper and from various sources, such as international monetary fund (IMF) database, National Agricultural Policy Centre (NAPC) database and Central Bureau of Statistics in Syria, beside other sources were all benefited. Although the regression model results of analysis in this paper were not significant, the paper concluded some substantial results and recommendations, which are listed and detailed at the end.
    Keywords: غاÙتا (GAFTA), سÙرÙا (Syria)Ø Ø§Ùتجارة اÙزراعÙØ© (Agricultural trade) Ø Ø§ÙمشاÙÙ (problems), Agricultural and Food Policy, International Relations/Trade,
    Date: 2008–07
    URL: http://d.repec.org/n?u=RePEc:ags:napcwp:50320&r=ara

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