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Emirates Business 24| 7 reports that at a media roundtable, Edmond Moutran, Chairman and CEO of Memac Ogilvy and Mather Holding, have stated that there would be serious growth in Abu Dhabi and Saudi Arabia this year, adding that business in the Levant and North Africa will probably double compared to 2009. Mr. Moutran also stated that the reason behind the boom is the growing understanding of the need for advertising.
"Looking at 2010, we are expecting a record year especially driven by the growth in the Levant markets such as Syria, Jordan, Egypt and Morocco as well as Abu Dhabi," added Moutran.
Miles Young, CEO of Ogilvy and Mather Worldwide, said Ogilvy and Mather Worldwide was looking at flat revenues in 2010 versus a decline estimated at10 per cent last year, in line with global industry figures. However, he noted that not much recovery was expected from the US and Europe.
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Amid the doom and gloom of the current global economic crisis, Ogilvy & Mather, Managing Director, Memac Ogilvy, Dubai, Ronald Howes, offers a glimmer of hope for informed marketers: seize this moment as an opportunity to grow brands and secure future success. "Amidst a sense of falling off the cliff, it's tempting to imagine this recession to be unique - and uniquely bad," advises Ronald Howes, Managing Director, Memac Ogilvy, Dubai, UAE. "However, flight is only one option. History shows many brands and companies have been successfully launched during recessions, while others have leveraged tough economic conditions to gain significant market advantage. At the moment there is a tendency for people simply to ignore the evidence." In order to inform CEOs, CFOs and CMOs, Ogilvy & Mather Worldwide has published a booklet entitled Optimizing the marketing budget in recession. The booklet offers practical advice about the consequences of cutting, maintaining or increasing marketing spend. It draws upon Ogilvy's understanding of winning during recessionary times and the latest research into best practice. This booklet is the first in a series that Ogilvy will be publishing and posting on the newly launched website (www.ogilvyonrecesssion.com), along with other relevant research. Each booklet will draw upon Ogilvy's experience across all disciplines and regions and will cover areas such as digital responses and retail marketing. "While some companies do face real cash-flow issues, the option of winning marketing share in a recession by smart spending is open to most," continues Ronald Howes. "Making do with less involves not just setting a competitively sensible budget but using it more imaginatively in channels ranging from digital to retail." Ogilvy & Mather's 360 Degree integrated offering is channel and practice neutral, and the agency has created a range of tactics tailored to local markets for helping clients discover the upside to the downturn. Client briefings will be held throughout the world, with the option of follow-up exploratory sessions to discover untapped opportunities.
Advertising Agency: Memac Ogilvy & Mather, Dubai
Managing Director: Ronald Howes
Executive Creative Director: Till Hohmann
Creative Director: Dalbir Singh
Head of Art: Guy Sinclair
Copywriter: Sascha Kuntze
Art Director: James Purdie
Senior Designer: Leonardo Borges
Junior Designer: Sabia Fatayri
Account Manager: Abeer El Awar
Planner: George Giessen
Agency Producer: Sam Eid
Director: Chadi Younes
Advertising Agency: Memac Ogilvy & Mather, Dubai
Managing Director: Ronald Howes
Executive Creative Director: Till Hohmann
Creative Director: Dalbir Singh
Head of Art: Guy Sinclair
Copywriter: Sascha Kuntze
Art Director: James Purdie
Senior Designer: Leonardo Borges
Junior Designer: Sabia Fatayri
Account Manager: Abeer El Awar
Planner: George Giessen
Agency Producer: Sam Eid
Director: Chadi Younes
Advertising Agency: Memac Ogilvy & Mather, Dubai
Managing Director: Ronald Howes
Executive Creative Director: Till Hohmann
Creative Director: Dalbir Singh
Head of Art: Guy Sinclair
Copywriter: Sascha Kuntze
Art Director: James Purdie
Senior Designer: Leonardo Borges
Junior Designer: Sabia Fatayri
Account Manager: Abeer El Awar
Planner: George Giessen
Agency Producer: Sam Eid
Director: Chadi Younes