Weekly notice – Share buy back programme – 04.01.2016
January 4, 2016Ravenna, October 19, 2015 – Itway S.p.A. (listed on the STAR segment of Borsa Italiana under the ITW:MI ticket) through its Middle East-North Africa dedicated unit, Itway MENA, and its iNebula in the cloud SaaS and Paas services provider, capable of safeguarding protection and success of all key corporate aspects, will be present at the international Gitex 2015 exhibit, The Internet Future of Everything (http://www.gitex.com) which opened on October 18 in Dubai and will run to October 22, 2015.
Gitex 2015 is a global event. In these days there will be conferences and networking moments with a vast exhibit space where Robotics, Internet of Things, 3D Printing will be the tangible stars of the changes underway.
Itway MENA and iNebula will be present with their own meeting points where they will present Itway’s 360° approach to security and new IoT services, created, designed and offered in Cloud Computing mode. (https://www.inebula.it/servizi-cloud/inebula-connect.html). Participants will get to know the solutions designed by the Itway Group and its skills to face together the challenges of the future.
After being present in Abu Dhabi for the GCC Cyber Security Summit, Itway President G. Andrea Farina will be at Gitex in light of the strong attention and willingness of the Group to accelerate in terms of leadership in the region and the fact that among the key factors to success in these years has been being on the forefront and presiding over the territory.
“The development plan of Itway foresees that over the next three years the MENA Area will generate around 30 million euros of revenues. The Middle East North Africa region boasts an IT market that at the end of this year should reach 9 billion dollars, posting a 7.13% growth compared with the 8 billion dollars a year ago and compared with 6.6 billion dollars in 2010, highlighting a trend of constant growth,” said G. Andrea Farina, President of the Itway Group.
The Middle East North Africa region groups together Countries (like Saudi Arabia, Qatar, United Arab Emirates and Oman) with GDP growth of over 7%. Also Lebanon, even though in the middle of two warring countries like Syria and Israel, will however see GDP growth of 3%. Other North African countries like Morocco are also undergoing a strong development while Tunisia and Egypt, despite the political and social turbulence, also have growing IT markets (12 million more mobile users per year). The constant investments in the area have under undergone a further acceleration due to the 2020 Expo in Dubai and the 2022 Soccer World Cup championship in Qatar.