Business | Telecoms
Telecoms sector worth $70b by 2015
The telecommunications and broadband internet sectors will generate $70 billion in annual revenue by 2015 in the Middle East and North Africa region, according to Madar Research reports.
- By Mohammad Ezz Al Deen, Staff Reporter
- Published: 00:00 April 24, 2007
Abu Dhabi: The telecommunications and broadband internet sectors will generate $70 billion in annual revenue by 2015 in the Middle East and North Africa region, according to Madar Research reports.
Its report also indicates that the Middle East tele-communications market is set to top $50 billion this year.
Fastest growing
The report shows that Arab countries' ranking in the annual ICT Index gained by 43 per cent in 2005 compared to the previous year.
Shaikh Sultan Bin Tahnoon Al Nahyan, chairman of the Abu Dhabi Tourism Authority (ADTA), who yesterday opened the Middle East Communication (Mecom) exhibition 2007, said: "The telecommunication sector in the UAE is one of the fastest growing markets, not only regionally, but also on the international level."
Share this article
Popular in Business
-
XPRESS
Way to go this DSF
A fun-filled route to guide you to all the happening dos in town
Business Editor's choice
-
Shaikh Mohammad reaffirms UAE unity
Vice-President quashes talk of discord and reassures investors on the strength of Dubai's economy
-
Pizzazz on the palm: A Nikki Bisiker project
Bright, bold and ultra glam are the top notes of this apartment in The Palm Jumeirah's beautiful marina
-
flydubai starts service to Sudanese capital
Dubai's first low cost airline, celebrated its eighth inaugural flight in less than six months
