Pakistan summons Indian envoy to protest strikes    Israeli airstrike on central Gaza school compound housing displaced people kills 22    Trump appeasing Putin with pressure on Ukraine, Biden says    Carney rebuffs Trump's statehood remark: 'Canada is not for sale — ever'    MHRSD plans to introduce mandatory occupational fitness testing for employees under certain occasions    First group of Hajj pilgrims from China lands in Madinah    2 arrested in Riyadh for attempting to facilitate visit visa to perform Hajj illegally    MrBeast to bring exclusive experiences and challenges to Riyadh Season    Saudi Crown Prince and Iraqi PM discuss over phone ways to strengthen relations    Farabi and Richful to build first full-scale lubricant additive complex in Saudi Arabia    Arcapita expands US private equity portfolio with the acquisition of Trustpoint    Bruno Wehbe: Westfield partnership will transform Cenomi malls into world-class lifestyle destinations    Nissan Formula E Team's stellar performance at Monaco E-Prix, securing a win, a second place and a pole position    Rihanna reveals third pregnancy at the Met Gala    'Saudi Film Nights' launched in Mexico to spotlight national cinema    Saudi opera talents complete 18-month elite training in Milan and Rome    Shah Rukh Khan makes Met Gala debut in Sabyasachi    Abu Omar secures spot at Team Falcons x Fatal Fury: Road to Pro tournament    Firmino named AFC Champions League Elite MVP after inspiring Al Ahli's title run    Al Hilal's Salem Al Dawsari clinches AFC Champions League Elite top scorer award    Prince Harry calls for reconciliation after losing UK security appeal    Pakistani star's Bollywood return excites fans and riles far right    Veteran Bollywood actor Manoj Kumar dies at 87    Bollywood actress vindicated over boyfriend's death after media hounding    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Autocare expo proves business ‘as usual' despite global crisis
By Habib Shaikh
Published in The Saudi Gazette on 06 - 04 - 2009

The maiden Autocare and Transport Arabia (ATA) expo, which concluded here on Thursday showed that despite the global economic crisis, business in Saudi Arabia is almost “as usual.” It was organized by the Al-Harithy Company for Exhibitions Ltd.
“Not only were we able to sell two of our products on display at the exhibition – a cement bulker and a dump trailer – for a total of SR250,000, but we also received inquiries worth at least SR2 million,” Ali Owdah Al-Shamrani, president and founder of the 50 years old 100 percent Saudi owned Al-Shamrani Factory for Draw Bar Trailers, told Saudi Gazette. “From our experience in participating in such events, we estimate that at least 50 percent of that amount will translate into firm orders,” explained Mohammed Tahqique, factory manager.
Al-Shamrani said that the fact that ATA is an offshoot of the Saudi Arabian International Motor Show (SIMS), which celebrated its 30th anniversary last year, shows that it is a beneficial event. “It shows that the economic crisis has not affected us,” he added.
He explained Saudi Arabia has embarked on a number of new mega-projects covering a wide range of industries, a bulk of them focusing on those sectors of the economy in which the Kingdom has comparative advantages such as oil and petrochemical industries.
“Private sector role in mega economic, industrial and infrastructure projects across the Kingdom is increasing,” he said and added, “We are proud to have participated in this as the ATA is an opportunity for us to increase our role in the country's construction, cement, chemicals, refinery, and oil plants sectors.”
Al-Shamrani said that the company, which has plants in Dammam, Jeddah and Riyadh, a branch in Yanbu, and an extension office in Sharjah, has been participating in such shows with advantage and sees the present one as another such useful one. “It is an opportunity for senior people to discuss and learn, and understand the market requirements,” he added.
He said that the market that they deal in is worth about $1 billon, of which their share is 25 percent. “We manufacture all types of industrial trailers. We are a pioneer and the only manufacturer of knuckle trailers in the kingdom, which are mainly used in Sabic petroleum industries in Yanbu and Jubail,” he said, and added, “We are also pioneer and the only manufacturer of air receivers.”
Karam Abd El Mohsen, export and marketing general manager, Arab Company for Manufacturing Filters, F.A.C Filter, Egypt, in business since 1958, said he was keen to participate because Saudi Arabia is an important country and market for us. “We expect to do business worth about SR750,000, and will come next year as well,” he said.


Clic here to read the story from its source.