DMGT Weekly, 30 Dec-3 Jan 03-01-2014

DMGT Weekly is our regular round-up of high quality news from around our companies.

DMG INFORMATION

LEWTAN: Is agreeing an extension to its contract with Quadrant 4 Systems Corp, a SaaS provider of "solutions to enrich the business functionality." Quadrant 4 Solutions notes that Lewtan is a provider of "asset backed securities software and data analytic services," and explains that it will be assembling a team of thirty for build development and quality assurance purposes.

DMG EVENTS

ABU DHABI: Hotels are benefiting from the presence of the ADIPEC show, one of several major events in the city in November 2013 that boosted occupancy rates to 83%, according to the Abu Dhabi Tourism and Culture Authority. ADIPEC's growth into an international event and the doubling of visitor numbers this year is reported to have brought "huge demand" in the hotel sector and contributed to outstanding results. According to Dominique Hebert, general manager of Centro Capital Centre Hotel, November was the busiest month of a year "full of events which kept the demand going and this certainly lifted the profit margins."

Read on khaleejtimes.com

ADIPEC: A presence at dmg events' ADIPEC event for casing accessory company Downhole Products is credited by the business with having led to the signing of a major new contract. The company will supply parts and equipment to local operators in Abu Dhabi, delivered through partners Al Ghaith Oilfield Supplies & Service Co., with whom the company has been working for 17 years. Downhole Products' regional manager, Martin Pirie, says the deal is an "excellent step forward" for the business and that appearing at ADIPEC "again generated a large amount of interest from many major companies operating within the MENA Region."

Read on allmediascotland.com

BIG 5: Is announcing the launch of the new Middle East Waste & Recycling and Commercial Cleaning & Hygiene event, to run alongside the FM EXPO for the first time in May of next year. The company says this is a response to the "natural synergy" between the facilities management, waste and cleaning sectors, which arises as a result of the demand for sustainable building driven by strong construction in the region. According to dmg events Group Event Director, Andy White, the shows bring together key stakeholders to "see the latest innovations and discuss ways to combat challenges within the industry."

Read on zawya.com

EUROMONEY INSTITUTIONAL INVESTOR

BCA RESEARCH: Chris Giles and Claire Jones at the Financial Times report that a survey of economists reveals only modest support for Chancellor George Osborne's policies. BCA Research analyst, Dhaval Joshi, says recovery is largely related to factors beyond UK control.

Read on ft.com (subscription required)

RECOVERY: Chris Giles and Claire Jones at the Financial Times report that economists believe the UK economy will continue to improve. Dhaval Joshi at BCA Research remarked on the potential impact of Scottish independence and the struggle in the euro area.

Read on ft.com (subscription required)

BCA RESEARCH: Figures from BCA Research show that transactions processed through Alibaba reached $5.75bn on Singles' Day in China this year, on 11 November, making it the single largest shopping day of the year. The company notes that the rapid growth of e-commerce in China in the past few years "defies the widely held consensus of China's perceived 'weak' consumption" and indicates that China may now be the largest e-commerce market in the world.

Read on stockhouse.com

JVs AND ASSOCIATES

HOUSING: Market data from Zoopla is among that selected by The Telegraph to explore the factors behind the strong house price rises observed through 2013 and the reasons for belief in ongoing gains in the market through 2014. Zoopla identifies the borough of Kensington and Chelsea in London as having the greatest number of properties valued over £1m, with almost 41,400 such homes. The company also notes that rising prices made 93,000 new "property millionaires" in the UK in 2013, 60,000 of whom are in London.

Read on telegraph.co.uk

ZOOPLA: Is considered by Barrie Desmond, director of marketing and global accounts at Exclusive Networks Group, to be "revolutionising the property market," an insight delivered as part of an interview with MicroScope on trends in technology for 2014. Zoopla's success is based, according to Desmond, on "a new business model using new technologies and applications," and serves as a positive role model for how channel businesses should develop in the new year.

BUY-TO-LET: The Financial Times reports that a Zoopla survey shows buy-to-let yields are 5.1% in London, but significantly higher in places such as Coventry, Southampton, Liverpool and Manchester.  Zoopla's Lawrence Hall provides comments.

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