NPES MEMBER BUSINESS TRADE MISSION to the MIDDLE EAST

Turkey, Saudi Arabia, United Arab Emirates
March 30-April 8, 2009

Doing Business in the Middle East

• The Middle East printing industry was worth $5.3 billion in 2007, and this will rise to $7.6 billion by 2012 – a phenomenal 45% growth
• The print market has evolved distinctly and is expected to grow at an average annual growth rate of 7.7% till 2012
• Economic prosperity, strong inflow of foreign investments, changing lifestyles and restriction on the visual media are some of the factors that are accelerating the growth of the print sector
• The emerging countries in terms of printing include Turkey, Israel, Saudi Arabia, UAE and Egypt
• The UAE has the largest share in the newspaper market in the region and publishes seven major newspapers, of which four are Arabic and three are English
• With a GDP valued at $45 billion I 2006 and a target average growth f 11% per annum up to 2015, the Middle East represent an expanding market.
• Dubai is a gateway to a market of more than 1 billion people in the fast growing economies of the Middle East, West Asia, East Africa and the CIS.