The safety and security industry is booming throughout the Middle East as the region deals with increases in a wide variety of security concerns ranging from border security and private citizen safety to transaction fraud. In general, safety and security product imports to the area have increased 10-15% annually for the past few years, with increases of up to 25-30+% in some countries, making the Middle East one of the most attractive markets for this industry in the world. Member countries of the Gulf Co-operative Council (Bahrain, Oman, Qatar, Kuwait, Saudi Arabia and the United Arab Emirates) in particular are a burgeoning regional market with an estimated value of $10 billion for safety and security products according to US Department of Commerce.
Countries here have solid funds to purchase the products they need. The Middle East topic in Detektor Internationela (3/06) will give a closer look at the structures and business opportunities in some of the Middle Eastern countries.
25/08/2006
DETEKTOR covers the Middle East Security Market
In the coming issue of the security trade magazine Detektor International, will feature an article that covers the Middle East security market. - We beleive it is a very interesting topic for many security professionals throughout the world. With this article we want to make a summary about what the Middle Eastern market really is, comments Lennart Alexandrie, the Managing Director of Ar Media International AB.
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