IPS Inter Press Service
 
   Inter Press Service News Agency
   
 - Homepage
 - Global Affairs
 - Africa
 - Asia-Pacific
     Afghanistan
     Nepal
     Tsunami
 - Caribbean
      Haiti
 - Europe
      EU Expansion
 - Latin America
 - Mideast &
   Mediterranean
      Iraq
      Israel/Palestine
 - North America
      Neo-Cons
      Bush at War
 
 - Development
      MDGs
      City Voices
      Microcredit
      Corruption
 - Civil Society
 - Globalisation
 - Environment
      Climate Change
      Tierramérica
 - Human Rights
 - Health
      HIV/AIDS
 - Indigenous Peoples
 - Labour
      Decent Work
 - Population
      Reproductive Rights
      Migration&Refugees
 - Arts & Entertainment
 - Columns
 - In Focus
 
 
   ENGLISH
   ESPAÑOL
   FRANÇAIS
   SVENSKA
   ITALIANO
   DEUTSCH
   SWAHILI
   NEDERLANDS
   ARABIC
   SUOMI
   PORTUGUÊS
   JAPANESE

PALESTINE-INDUSTRY:
Stone and marble industry expands in Middle East market
Att.Editors: The following item is by the United Arab Emirates news agency(WAM)

ABU DHABI, Nov. 29 (WAM) - PalTrade, the Palestine Trade Center, in cooperation with the Union of Stone and Marble, is organizing the Palestinian participation at the Big 5, 2003, the Middle East's largest building and construction industry exhibition, to be held from November 29 to December 3, at the United Arab Emirates (UAE) Dubai World Trade Center.

The participation is part of Palestine's plan to boost its presence in the international stone and marble market. Six Palestinian companies are in Dubai for the show: Nasser Investment Company, Al-Naba' Al-Jadidah Company, Al Nakheel Company for Stone and Marble, Al-Saheb for Stone and Marble, Al-Somoud Company and Ammar Diamond Corporation, a press release issued today said.

According to Stone Statistics, Palestine contributed approximately 1.8 % of the world stone and marble market in 2002. Palestine Union of Stone and Marble Industry has estimated that the country's annual production of finished stone and marble is 19 million square meters, which is equivalent to 1.8 million tons. Industry experts further estimate annual sales revenues of around US$ 450 million.

Nassar Nassar, Chairman of PalTrade stated, "Big 5 is the premier forum for the building and construction industry and an ideal opportunity for us to showcase Palestine's leading stone and marble companies. Participating in the exhibition will open doors to new international markets and boost the volume of Palestinian stone and marble exports to the Arab markets. We plan to exhibit a range of products to meet the needs of customers in the Arab world. Each product benefits from the latest technological innovations and meets stringent quality criteria, giving us a powerful competitive edge over other suppliers.

"The exhibition also gives us an opportunity to forge strategic partnerships and close important deals so we can leverage our efforts to boost the presence of the Palestinian stone and marble industry in the international market.

"The stone and marble industry is one of the strongest and oldest industries in Palestine, ranking 12th in volume of production worldwide, which is remarkable considering our small geographical area. The industry contributes 4% of the Palestinian Gross National Product (GNP) and 5% of the Gross Domestic Product (GDP). Palestinian skilled labor in the stone and marble industry, employing some 15,000 workers, has a centuries-old heritage of high-quality craftsmanship," added Nassar.

The Palestinian Union of Stone and Marble Industry has estimated that the total annual sales per employee in Palestine's stone and marble industry is US$ 30,000, which is five times the average employee productivity level across all other industries in Palestine.

Sayel Al Joundi, the President of the Union of Stone and Marble Industry stated, "Participating in the Big 5 is an important step in promoting the stone and marble industry outside the boundaries of Palestine. Our role is to support the stone and marble industry by helping promising Palestinian companies transact in external markets, especially within the Middle East.

"We aim to enhance the regional presence of these companies by providing guidance on best business practices and innovative use of technology in order to compete on a regional and international level".

Palestine has a rich, natural reserve of colorful, multi-purpose, soft and hard limestone. Some 260 stone quarries situated across the West Bank extract Palestinian stone as raw blocks for processing into finished stone and marble products. Different sizes, textures and colors of stone are processed for the construction industry, design and architecture. (WAM)

.(END/2003)

 

 
 Latest News From WAM
 UAE: Emirati Women’s Day a Milestone for the Nation, Says Local Daily
 UAE: Emirates Signs Deal with MCI Group to Become its Official Airline Partner
 UAE: A Role Model for Empowerment of Women, Says Lubna Al Qasimi
 UAE: Cultural Week Launched at Beijing International Book Fair
 UAE: Mohamed bin Zayed’s Trip to Russia Boosts Ties, Says Local Paper
 UAE: Tawam Hospital Now Offers Lung Cancer Screening - A First for the Nation
 UAE: Al Jalila Foundation Announces Al Warqa’a Endowment Residential Development to Fund Local ...
 UAE: Gargash Group Donates 20 Light Vehicles, 10 Power Generators for Relief Operations in Yemen
 SYRIA: Destruction of Palmyra Temple is a War Crime, Says UAE Paper
 UAE: ERC to Distribute More Food Parcels in Yemen
MORE >>
 Ultimas Noticias en WAM
 GÉNERO: Día de la Mujer Emiratí es un logro para el país
 EMIRATOS: Compañía aérea Emirates suscribe acuerdo con Grupo MCI
 EMIRATOS: Celebración del Día de la Mujer recuerda logros locales
 LITERATURA: Emiratos lanza Semana de la Cultura en la Feria Internacional del Libro de Beijing
 EMIRATOS: Viaje de Mohamed bin Zayed refuerza vínculos con Rusia
 EMIRATOS: Hospital Tawam ofrece análisis de cáncer de pulmón
 EMIRATOS: Fundación Al Jalila anuncia innovadora forma de financiación
 EMIRATOS: Grupo Gargash realiza importante donación a operaciones de alivio en Yemen
 SIRIA: La destrucción de un templo en Palmira es un crimen de guerra, subraya diario emiratí
 EMIRATOS: Media Luna Roja proseguirá la distribución de alimentos en Yemen
Ver más >>
 Swahili News From WAM
  Uhusiano Dhaifu Kati ya Kuzuia VVU Barani Afrika na Matumizi ya Njia za Uzazi wa Mpango
  Jitihada za Mwanamke Kutafuta Njia Sahihi za Uzazi wa Mpango
  Nini Muhimu Zaidi, Vita juu ya UKIMWI au Vita tu?
  Kusaidia Wanawake Wajawazito Nchini Uganda Kuepuka Mimba Zisizotarajiwa
  Kusaidia Wanawake Wajawazito Nchini Uganda Kuepuka Mimba Zisizotarajiwa
MORE >>