InternatIonal. Media information

Size: px

Start display at page:

Download "InternatIonal. Media information"

Sybil Fitzgerald
5 years ago
Views:

1 InternatIonal Media information

What is... INTERNATIONAL May INTERNATIONAL November 2008 www.arabianbusiness.com 2.50, 3.50, $5.

Business International is the Arab World s first global business magazine, dedicated to bringing the best of the region to a global audience.

Crude at $147 a barrel may be a thing of the past, but the huge surpluses generated during the era of peak oil mean that the cash-rich Gulf is one of the most significant players in the new world

The biggest deals, the biggest companies and the biggest players are showcased, providing unparalleled coverage of the Arab world s richest and most powerful individuals and companies.

2 What is... INTERNATIONAL May INTERNATIONAL November , 3.50, $5.00 GREAT CALL OF CHINA On tour with the UAE Prime Minister, HH Sheikh Mohammed Bin Rashid Al Maktoum 2008 African odyssey Why North Africa has become the final frontier for Gulf investment Arabian Business International is the Arab World s first global business magazine, dedicated to bringing the best of the region to a global audience. As the US and European economies face their harshest test in almost a century, there has been a marked shift in finanical power from West to East. Crude at $147 a barrel may be a thing of the past, but the huge surpluses generated during the era of peak oil mean that the cash-rich Gulf is one of the most significant players in the new world economy. Arabian Business International puts you at the heart of each of the Middle East s financial markets. The biggest deals, the biggest companies and the biggest players are showcased, providing unparalleled coverage of the Arab world s richest and most powerful individuals and companies. INTERNATIONAL December Risky business Amid the global economic turmoil, where s best to invest? Race to the top Architects wage war in battle for the skies Builders oasis Balfour Beatty looks to Dubai to drive profits 2008 Critical condition Gulf healthcare may need intensive care Arabian Business International examines the sovereign funds emanating from Arab states that are now taking hefty stakes in Western companies. It analyzes the trends in regional stock markets, currencies and economies. ABI also exclusively interviews the region s biggest business leaders those now making an impact on the global stage. And our truly global coverage is reflected by our columnists based in Dubai, Hong Kong, London and New York. Game over? Gulf investors turn their backs on the Premier League Cash for kidneys The real story behind the Middle East s illegal organ trade White flight FW de Klerk on the new South African exodus Arabian Business International is a publishing first a magazine coming out of the Arab world, printed and distributed globally.

3 SNApSHoT A two page round up of the biggest deals of the month, and an insight into what lies ahead in the next four weeks. CoLUMNISTS From London, former Sunday Times Editor and now BBC Television presenter Andrew Neil reports exclusively on how Arab affairs are shaping business in Europe. Across the Atlantic, the former Daily Mirror editor piers Morgan writes each month from New York, with his own unique take on how the Arab business agenda is being played out in the USA. And from Hong Kong, the renowned broadcaster and journalist Heda Bayron writes exclusively on the rise of Arab wealth in the Far East. Based out of Dubai, Kanoo Group deputy chairman Mishal Kanoo will also be giving his unique take on the month s events. ANALYSIS Each month ABI analyses the key issues in the region with commentary from regional analysts and experts, we explore topics such as where oil prices are heading to whether the Gulf s property boom can really be sustained. SNAPSHOT the sections media information FEATUrES From the impact of Arab brands in the West to rise of sovereign funds, ABI gives comprehensive analysis of the region s biggest stories. INTErvIEWS From Emaar chairman Mohammed Alabbar to Al Jazeera Networks boss Wadah Khanfar, ABI publishes exclusive interviews with the biggest names in the region. USEFUL DATA From analysis of regional stock markets to important contact details for anyone wishing to do business in the Middle East, ABI has several pages each month of key regional data and information. SpECIAL reports Arabian Business International features exclusive guides to the World s 50 richest Arabs and the Top 100 GCC Companies.

Who should read arabian business international? RICH LIST 12 THE WORLD S RICHEST ARABS ARABIAN BUSINESS INTERNATIONAL JANUARY 2009 www.arabianbusiness.

his royal highness Prince alwaleed bin talal A LIST FULL OF DOLLARS DESPITE THE GLOBAL ECONOMIC TURMOIL AND CREDIT CRUNCH, COMPETITION WAS AS FIERCE AS EVER FOR ENTRY INTO THE LATEST EDITION OF THE

As always, it has been a mammoth effort compiling the wealth of the world s 50 richest Arabs the risers, the fallers and the newcomers to this exclusive club.

To make it big in our list this year, the question was not how much money you made but how much money you lost.

4 Who should read arabian business international? RICH LIST 12 THE WORLD S RICHEST ARABS ARABIAN BUSINESS INTERNATIONAL JANUARY Wherever i am in the World, i enjoy reading arabian business international to find out the latest news and analysis of business in the arab World. his royal highness Prince alwaleed bin talal A LIST FULL OF DOLLARS DESPITE THE GLOBAL ECONOMIC TURMOIL AND CREDIT CRUNCH, COMPETITION WAS AS FIERCE AS EVER FOR ENTRY INTO THE LATEST EDITION OF THE ARABIAN BUSINESS INTERNATIONAL RICH LIST. Yes, it s that time of the year again the publication of the Arabian Business International Rich List. As always, it has been a mammoth effort compiling the wealth of the world s 50 richest Arabs the risers, the fallers and the newcomers to this exclusive club. What is most striking this year for the first time ever is the reduction in the wealth of some of the super-rich. To make it big in our list this year, the question was not how much money you made but how much money you lost. Most of our top 10 has suffered considerable losses, beginning at the very top and HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud down to US$17.08bn. As we explain on pages 14 to 19, Arabian Business International was granted exclusive access to the private wealth of Prince Alwaleed, and so has been able to come up with the most accurate figure ever published regarding his wealth. However, despite his overall total being down nearly $4bn on 2007, he still tops the chart by some distance he is in fact worth nearly twice as much as second placed Nasser Al Kharafi, who comes in at $9.6bn. The Kuwaiti billionaire has suffered, like many others, with the falls on the stock market, bringing him down over $2bn during the past 12 months. This year s list also features some significant changes we have for the first time split the wealth of the Al Rajhi and Hariri families. Last year we placed the Saudi Al Rajhi family at over $20bn. However, on closer analysis it is clear that individual s shareholdings within the bank are separate, and so the entries should be separate. Whether you are a CEo, fund manager, investor or entrepreneur, Arabian Business International is the only magazine to publish a detailed guide to business opportunities in the Arab world. ABI will help global investors find out who holds the power and the wealth in the Arab world, find out who really pulls the strings, and find out how to maximize business opportunities. RICH LIST With the fall in the bank s share price this year, it means no member of the family appears in the list until Number 11 and Sulaiman Al Rajhi with $5.4bn. The same is true with the Hariri family. Our analysis has shown that Saad, Bahaa and Ayman Hariri are the three wealthiest family members, and each make the top 50 in their own right though again their valuations are lowered because of a fall in land values. Propping up the list is Mohammed Al Rahji with $1.1bn the minimum required for entry into the top 50 compared to last year, where $700m would have secured you a place on the rich list. This list has been put together over a period of three months by a dedicated team of researchers. We have used all major news and wire services, and stock market listings for valuations stock market valuations were made on December 2, As always, we should stress that this list is purely our assessment of the wealthiest Arabs. It has been published to celebrate the financial success of Arabs around the world however, we apologise in advance to those individuals whose wealth we may have underestimated, overestimated, or overlooked entirely. Notes on the 2008 Rich List We have deliberately not included royalty, with the exception of HRH Prince Alwaleed given that his wealth has been achieved through his business dealings. The figures in this year s list are assessments made of individual and family wealth based on available public information (see Methodology page 64). Researchers: Anil Bhoyrul, Andrew White, Soren Billing, Alex Delmar-Morgan, Claire Ferris-Lay, Tom Arnold, Edward Liamzon. JANUARY 2009 ARABIAN BUSINESS INTERNATIONAL 13

5 distribution country quantity 1 New York 10,000 2 Washington DC 10,000 3 London & UK Airports 22,000 4 Paris 3,000 5 Milano 1,000 6 Madrid 3,000 7 Rome 2,000 8 Moscow 3,000 9 Hongkong 3, Singapore 5, Johannesburg 3,000 total 65,000

rates & specifications COVER STORY COVER STORY EnGliSH MontHly EDition PoSition ad SiZE (MM) rate PEr insertion (aed) A4 200 x 265 62,425 A4 DPS 400 x 265 95,475 Inside Front Cover - A4 200 x 265

6 rates & specifications COVER STORY COVER STORY EnGliSH MontHly EDition PoSition ad SiZE (MM) rate PEr insertion (aed) A4 200 x ,425 A4 DPS 400 x ,475 Inside Front Cover - A4 200 x ,815 Inside Front Cover Spread 400 x ,504 Inside Back Cover 400 x ,504 Outside Back Cover 400 x ,850 FrEquEncy DiScountS 6 insertions 12 insertions 20% 30% TOUCHDOWN EMIRATES AIRLINE HAS FINALLY TAKEN DELIVERY OF ITS FIRST A380, IN WHAT HAS BEEN HERALDED AS THE DAWN OF A NEW ERA IN AVIATION. BUT CAN EMIRATES AND THE INDUSTRY COPE WITH RISING FUEL COSTS? ANIL BHOYRUL ASKS CHAIRMAN HH SHEIKH AHMED BIN SAEED AL MAKTOUM, ON THE MAIDEN FLIGHT FROM HAMBURG TO DUBAI. It s an unusual setting for an running at 100 miles per hour, says interview. About 39,000 feet Sheikh Ahmed. in the sky, somewhere over Running at top speed is what the Turkey, and inside arguably the boss of Emirates Airline has been most luxurious plane the world doing a lot of lately. Last month he has ever seen, the brand new Emirates signed orders for 60 new planes, collected the first fully ready A380, and Airline A380. But bizarrely, while the world s continued mapping out a detailed plan media and a hefty VIP delegation is to protect his business from rising fuel sampling the delights of the spectacular new First and Business Class sec- planes, to a freeze on the recruitment prices. From changes to the inside of tions that make up the entire top deck of non-operational staff, you name it, of the plane, the company s chairman Sheikh Ahmed is doing it. Sheikh Ahmed is sitting alone, in You know that fuel is now accounting for 40 percent of our costs. And economy. It is time to contemplate. I like to get away from everyone the price of fuel is something I can do sometimes. It s difficult to always be nothing about. It s tough to operate in ARABIAN BUSINESS INTERNATIONAL SEPTEMBER SEPTEMBER 2008 ARABIAN BUSINESS INTERNATIONAL

7 EDITorIAL Andrew White Editor tel andrew.white@itp.com SALES Natasha pendleton Commercial Director tel natasha.pendleton@itp.com Carol Nassif Advertising Manager tel carol.nassif@itp.com contacts Tel: Fax: abi@itp.com Online: arabianbusiness.com Owned and published by: ITP Executive Publishing Ltd

SuStainability R e p o R t

SuStainability R e p o R t Sustainability Report 2015-2016 (102-53) 2 Awards & Recognitions Vision: To be globally recognised as the most valued financial service provider in the Middle East. Mission: Every day we make our customers