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ISSUE 02 | WWW.AHKUAE.COM
MAJLIS
GERMAN – GULF BUSINESS
A PUBLICATION OF THE GERMAN INDUSTRY & COMMERCE FOR OMAN, QATAR & UAE
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ISLAMIC BANKING AND FINANCE
A GROWTH MARKET NOT ONLY IN THE GULF REGION.
HERMANN TILKE
TALKS ABOUT LIFE IN THE FAST LANE.
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ISSUE 2
GERMAN – GULF BUSINESS
‫ﻟﻠﺘﺠﺎﺭﺓ ﻭ ﺍﻟﺼﻨﺎﻋﺔ‬
‫ ﺍﳋﻠﻴﺞ‬- ‫ﺃﳌﺎﻧﻴﺎ‬
CONTENTS
AHK NEWS
How Dubai Metro will change the face of the Emirate
INTERVIEWS
Hermann Tilke, the fast and the furious
FOCUS THEME
Banking and the Shari’a Law
CURRENT ISSUES
Kitab & the Abu Dhabi International Book Fair
OPINION
Why Dubai is not being built on sand
TRADE FAIRS
Messe Munich
EDITOR & PRODUCTION
04
08
12
14
20
26
Rim Elbayar-Aly
P.O.BOX 7480, Dubai, UAE
Tel: +971 4 397 00 01
Fax: +971 4 397 00 03
[email protected]
ASSISTANT EDITOR
Christian Kozur
DESIGN & LAYOUT
CPD FZ-LLC
www.cpd-agency.com
ART DIRECTION
Hammad Sheikh
Andreas Schmidt
COPYRIGHT
German Emirati Joint Council
for Industry & Commerce (AHK)
PRINTED BY
Printex Printing Press LLC, Dubai
To advertise in this magazine call +971 4 397 00 01
MAJLIS is published 3 times a year and has a total circulation of 5.000 copies to be distributed in Germany as
well as in the UAE, Qatar and Oman. The German Industry and Commerce Office does not accept any liability for
the accuracy of any material published herein and the articles do not reflect the opinion of the office. For any
further information on any of the articles published in this issue, please contact the German Industry & Commerce Office in Abu Dhabi, Dubai or Doha.
MAJLIS ISSUE 02
1
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IT IS NOT ALL DOOM AND GLOOM IN DUBAI
ANNOUNCEMENT
THERE HAS BEEN a lot of negative publicity about
Dubai’s current economy and future prospects and
also a distinct glow of “Schadenfreude” in reports
of ex-pats leaving cars at the airport, construction
projects being stopped, property prices halving, and
businesses falling apart.
DEAR READER,
Once again we have the pleasure to meet you through our “Majlis”
magazine’s 2nd issue, in which we strived to bring you the most
interesting and informative articles and news. We thank all our AHK
UAE team, writers and freelancers for enriching this issue with unique
and special features so we could keep you always anxious to pick the
“Majlis” up and enjoy it! We also are very proud to announce and
celebrate with you the Inauguration of our newly established German
Emirati Joint Council. Inside this issue, you will find the names of our
first valued members since May, 2009.
Indeed, as an economy heavily dependent on two
of the worst-hit sectors as in property and finance,
Dubai has fallen victim to global pressures. Though
a lot of these reports are truly as exaggerated as
reports about Dubai’s invincible “can do“ attitude
before the global economic crisis, it is a fact that
Dubai will have to work hard to re-assert itself as a
genuine economy of today and tomorrow – much
harder than it did in the recent boom years.
Rim Elbayar-Aly | Head of Official & Corporate
Communications and Media Affairs | German-Emirati
This goes also for German export-businesses that have established a presence in Dubai over
recent years, many of them using Dubai as a regional hub and a gateway to neighboring
markets.
No doubt, many are looking currently more than before to other, more dynamic, more
attractive and more prosperous markets; be it within the UAE especially the oil-rich Emirate
of Abu Dhabi or within the GCC-Region, first and foremost Qatar, which – due to its huge
gas-reserves – seems to pass the world economic crisis rather unaffected and with still
double-digit growth rates.
Joint Council for Industry & Commerce
OUR OFFICES
Abu Dhabi
(AHK) The German-Emirati Joint Council for Industry and Commerce
Abu Dhabi Mall, The Towers at Trade Center,
However, also Dubai – now more than ever firmly embedded into the UAE as a whole - will
continue to have its weight and standing as a preferred partner for German business in the
Middle East.
For all its problems and faults, Dubai still stands out as an
economy that was prepared to change and to challenge.
As a destination, it will continue to lure people from all over the world: for holidays, Dubai’s
climate and facilities are constantly attractive.
East Tower, 1st floor, Office No.104
P.O.Box 54702, Abu Dhabi, UAE
Phone:+971 2 6455 200 · Fax: +971 2 6457 100
Email: [email protected]
Dubai
(AHK) The German Industry & Commerce Office
Khalid bin Al Waleed Road, Dubai Islamic Bank Building, Bur Dubai
P.O. Box 7480, Dubai, UAE
Phone: +971 4 3970 001 · Fax: +971 4 3970 003
As a place to do business, it is one of the easiest territories in the region: still cosmopolitan,
technically-advanced and ambitious.
Email: [email protected]
Muscat
By looking deeper into its traditions, its beliefs, and its ambitions, Dubai will find its own
truths and it can build on them to secure a sustainable and admired future.
(AHK) The German Industry & Commerce Office Oman
P.O. Box 750, P.C. 111, Muscat, Sultanate of Oman
Tel.: +968 9 2280 590
The German–Emirati Joint Council for Industry an Commerce (AHK), with its increasing membership of Emirati and German companies; its sophisticated Board of Directors and Board of
Trustees; its active committees and working groups and its multiple activities in the UAE as
well as in Germany should play an important role in building trust, be it through big events,
workshops, road shows and conferences or through personalised communication and one-on
-one relationships, based on integrity, honesty and authenticity.
Email: [email protected]
Doha
(AHK) The German Industry and Commerce Office Qatar
Regus Group Doha – Airport, D Ring Road; P.O.Box: 24481, Doha, Qatar
Tel: +974 4231 250; Fax: +974 4231 260
Email: [email protected]
Finally, our magazine “Majlis” in following up and reporting on important matters of interest
in bilateral flows of trade and investment, will certainly also have its valuable part to play.
Regards,
Dr. Peter Goepfrich, CEO
German Emirati Joint Council
For Industry & Commerce
www.ahkuae.com
DISCLAIMER
The articles, data and prognosis which are published in this issue of MAJLIS, have been carefully
researched. News and articles are based upon press releases and co-operation partners as well as
assistant authors. MAJLIS does explicitly not take any guarantee of the accuracy, dependence, the
topicality and the usability of the articles.
MAJLIS ISSUE 02
3
9
On Wednesday, the 9th of September, 2009 the Dubai Metro was inaugurated by H.H. Sheikh
Mohammed Bin Rashid Al Maktoum, Ruler of Dubai and Vice President of the UAE, as was planned.
T
HE CEREMONY BEGAN AT EXACTLY
09:09 PM AS A CONTINUATION TO
THE MEMORABLE OPENING DATE
OF 09.09.09; A DATE AND TIME FOR
ALL DUBAI RESIDENTS TO REMEMBER. AT THE
CEREMONY, ONLY HIGH RANKING OFFICIALS
AND GUESTS WERE INVITED. A TOTAL OF 3
TRAINS WERE OPERATED EXCLUSIVELY FOR
H.H. SHEIKH MOHAMMED AND HIS GUESTS.
THE JOURNEY STARTED AT THE MOE STATION
AND ENDED AT AL RASHIDIYA STATION. THE
TRIP WAS ACCOMPANIED BY A TRAIL OF
GLAMOROUS FIREWORKS AT EACH STATION
ALONG THE WAY.
»
The Dubai Metro Redline
runs along 29 stations, ten of
which started operating at the
launching date. The remaining
19 stations are planned for
opening in early 2010. «
THE METRO was then officially opened for the
public on the following day. During the first 3
days after its operation, the Metro had more
than 110,000 passengers on board. Due to the
enormous influx of excited visitors, the security
service of the MOE had to temporarily close the
station. Despite some minor technical problems
in its first days of operation, Dubai residents and
visitors flocked to the stations to be part of this
historic event.
4
ISSUE 02 MAJLIS
The Dubai Metro Redline runs along 29 stations,
ten of which started operating at the launching
date. The remaining 19 stations are planned for
opening in early 2010.
The construction of the Metro began in February
2006. The Dubai Metro Redline is 52.1KM long of
which 4.7KM are underground. It starts at Jebel
Ali, running through the Rashidiya district and
ends about 2KM southeast of Dubai International
Airport. The Metro begins operating daily at 5:00
AM till 12:30 AM the next morning with a total
journey time of 66 minutes from start to end.
The inauguration of the second line (The Green
Line) is expected to open by June 2010. This line
will mainly cover the older areas of Dubai. It will
run from the Creek through the Souks and will end
at the Al Qusais area.
In addition to these first 2 lines, there are future
plans to provide additional railway routes. Those
lines include the Purple Line (along Al Khail Road)
and the Blue Line (along Emirates Road) These lines
will have fewer stations with higher speed rail lines
connecting the various regions within Dubai.
The recently delivered Metro is a driverless
system. The Metro vehicles are made in Japan.
The current Metro Red light rail line consists of 5
rail cars divided into 3 sections: 1st Class cabin,
Women & Children only cabin and finally a 2nd
Class cabin.
A maximum of 600 passengers per train can
be transported each trip but with few seated.
The average estimated speed of the Metro is
45-50KM/h with a maximum speed of 90KM/h.
The Roads and Transport Authority (RTA) of Dubai
9
AHK NEWS
AHK NEWS
» By the year 2020, the Dubai
Metro Network is planned to
cover 170 - 200 Kilometers of
track with an anticipated 120
stations. «
set moderate and affordable
affor
fares for the public
to encourage its use. The
T Emirate is planning to
inject considerable subs
subsidies for the introduction
and popularization of th
the Metro.
The 3 distance zones vary
v
in price. The fares start
short trip for a paper ticket or
at Dhs. 2 per single sho
Dhs. 1
1.80
Dhs
80 for the prepaid
prepa ones. The longest single
trip (3 zones) in 2nd class costs Dhs. 6.50, whereas
it costs double as much in 1st class. In addition,
there are special fares offered for tourists as low as
Dhs. 14 for a 24hr multi-use ticket.
Due to several changes in the original
construction & design plans, the cost soared from
the initially anticipated 16 billion Dirham to approx.
28 billion Dirhams. Yet, the turnout of the Metro
Legend
Red Line
Green Line
Multi-Parking Area
Stops Opening 09.09.09
Stops Opening Early 2010 and later
users during the first week it ran made this price
worth it for Dubai. Dubai’s RTA revealed 1,018,030
people travelled between the 10 stations on the
Red Line, from its official opening on September
9th until September 26th.
As the longest driverless Metro in the world,
the Redline breaks yet another world record as do
many other projects in Dubai. It is the 4th Railway
Network in the Middle East after, Haifa (1959),
Cairo (1987) and Tehran (1999). n
For visual reference only.
Christian Kozur
Press & Media Assistant
Globally active, ThyssenKrupp holds excellent
technology and market positions in its five
segments Steel, Stainless, Technologies,
Elevator and Services. With our all-round
know-how we are an innovative company with
outstanding prospects in many growth markets.
For further information please contact:
ThyssenKrupp AG
Representative Office Middle East
Bodo Fries
Dubai Festival City, Festival Tower
Office 2101 PO Box 36773
Dubai - UAE
Tel: +971 4 7059 400
Fax: +971 4 7059 302
E-mail: [email protected]
Developing the future.
Steel. Capital Goods. Services.
Visit us on the Internet:
www.thyssenkrupp.com
A World
PREMIER
Visit of the German Delegation
from North Rhine Westphalia to
Al Yas Island, September 2009.
A
FTER A LIGHT LUNCH IN AL RAHA
BEACH, THE GERMAN DELEGATION FROM NORTH RHINE WESTPHALIA AND THEIR GUESTS - GERMAN BUSINESSMEN RESIDING IN THE UAE
- SET OUT FOR THEIR VISIT OF YAS ISLAND.
THEY WERE ACCOMPANIED BY REPRESENTATIVES FROM THE GERMAN EMBASSY AS
WELL AS FROM THE GERMAN-EMIRATI JOINT
COUNCIL FOR INDUSTRY AND COMMERCE.
THE SPECIAL GUEST ON BOARD THE BUS WAS
THE GERMAN FORMULA1 ARCHITECT, HERMANN TILKE WHOSE ARCHITECTURE AND
ENGINEERING OFFICE, TILKE GMBH IS THE
LEADING DESIGNER FOR FORMULA1 CIRCUITS
AND ITS FACILITIES. THE GROUP ANTICIPATED
SOME INSIDER INFORMATION WHICH THEY
RECEIVED ON THEIR WAY TO THE NEWLY DEVELOPED - CLOSED TO THE PUBLIC - ISLAND.
After 25 years of experience operating his own
business, Mr. Tilke is taking on projects on a global
scale in countries such as Bahrain, Japan, Russia,
Spain as well as the UAE.
It took 14000 laborers to build the track and
another 5000 for the Yas Hotel, which is also built
by Tilke GmbH& Co. KG. In addition to this huge
number, Tilke was also employing 120 architects
through the peak time of the project. ALDAR the
premier real estate development, investment and
management company is in charge of the 25 sqkm
large Island and is coordinating and executing the
developments there.
WHY DOES SOMEBODY DESIGN RACE
TRACKS? HOW DOES THIS IDEA COME
INTO EXISTENCE?
Yas Island is one of the largest natural islands
in Abu Dhabi and has 32 km of waterfront.
Furthermore, it will be home to the Ferrari World,
the 1st and only Ferrari theme park in the world.
Looking at it from the outside, it has the shape of
a classic double-curved body shell of a Ferrari GT
car and a total area of 200,000 sqm of covered
roof. The park, which will open by 2010, will host
24 attractions amongst them the world’s fastest
rollercoaster. Furthermore, 7 hotels will open on
the 1st of November followed by another 13 in
later stages. The island will also be equipped with
MR. TILKE is not a newcomer to the field of
racing. Starting at the age of 18, Tilke gained his
first racing experience but took the decision in
favor of studying civil engineering. He achieved his
first architectural accomplishment on the German
Nuerburgring where he layed a security access,
followed by other small jobs on the Sachsen- and
the Oesterreichring.
6
ISSUE 02 MAJLIS
a golf course, a huge shopping mall with over
296,000 sqm of lease able retail area as well as
parking facilities for approximately 16000 cars. Yas
Island will have the 1st water park in Abu Dhabi, a
Warner Bros. Theme Park as well as the beautiful
marina to attract visitors, especially families.
After the presentation in the ALDAR site office
the bus moved directly towards the Yas Marina
Circuit Abu Dhabi. Amazingly, this group was the
first to visit the track, which for even non-Formula1
fans, this was an incredible and fascinating
experience.
The exclusive drive started on the line where the
» IT TOOK 14,000 LABORERS TO BUILD THE TRACK AND ANOTHER 5000 FOR THE YAS HOTEL. 120 ARCHITECTS WERE
EMPLOYED THROUGH THE PEAK TIME OF THE PROJECT.«
Formula1 cars reach the arena with a speed up to
320km/h. The race drivers must sharply decelerate
before entering the semi circled arena. This area
leads into a long straight road where the drivers
can speed up again to reach the next turn. On their
way there, they will pass the administration office
and in the curve another spacious grandstand. This
stand is especially significant in terms of safety due
to its unique characteristic. It gives the audience
the chance to get a closer look at the race as well
as provide an easy access for the ambulance in case
of emergencies.
The bus was then driving on to the 2nd straight
road which gives the fast cars the possibility to close
the gap on their competitors or to overtake. The
3rd straight road is a bit shorter and leads directly
to the marina. Various Speed curves stretch along
the amazing marina where you can watch the race
from the deck of your yacht due to the high water
level. Simply enjoy the sun, relax and have one of
the best views on the circuit.
The next highlight of the Yas Marina Circuit is
the Yas Hotel which is definitely an eye catcher.
The two towers, of which the Hotel consists, are
connected by a link bridge with a lounge bar
that offers a perfect view of the marina and the
track where cars will be racing underneath. The
incredible LED color changing shroud with its
inside as well as outside design completely match
the idea of adhering to the Arabic tent style on this
special Formula1 track. But honestly, during race
time you really need to be a true fan of Formula 1,
because definitely you will not be able to sleep.
As the tour draws to an end, the delegation
members notice some small villas on their right
side, which are designated for the participating
support teams to observe and organize the race.
At overseas Grand Prix s; lodges are replacing the
trucks we are accustomed to see on race courses.
The world premier tour ends on the start and
finish line of this absolutely breathtaking circuit.
This line is kept short and is deliberately ending in
a curve to entertain the audience even more than
just watching the drivers on a straight road.
The incredible LED color changing shroud with its inside as well as outside design completely
match the idea of adhering to the Arabic tent style on this special Formula1 track
As expected, the track has a huge grandstand,
equipped with the air-conditioned lounges and
restaurants like elsewhere. Straight ahead, an airconditioned glass VIP tower is equipped with all
the luxuries and comfort to enjoy the races. In
this grand world of motor sports, men as well as
women will enjoy two separate sitting chambers
and lifts which are installed in the VIP tower.
The Yas Marina Circuit is Mr. Tilke’s largest
individual project that took three years to build.
This outstanding race track will be used on a daily
basis for short distance races, test races, club races
and driver trainings; not only for huge scale races
as Formula1.
In conclusion, Abu Dhabi is prepared and looking
forward to the 1st Formula1 Etihad Airways Grand
Prix and the world will be eying Abu Dhabi on the
1st of November 2009. n
Julia Al-Jenabi
MAJLIS ISSUE 02
7
The Fast and the Furious
HERMANN TILKE
Racer and Racetrack Designer Hermann Tilke shares
his experience on the Abu Dhabi Yas Marina Formula1.
Which tracks have you designed so far?
I have already designed more than 55 race tracks,
but of course not all for Formula1. The tracks
we have designed and respectively redesigned
for Formula1 include the Hocken-heimring, the
Nuerburgring as well as the tracks of, Kuala
Lumpur, Fuji, Bahrain, Istanbul, Barcelona,
Shanghai and now Abu Dhabi.
How did you come in connection with
the project of Abu Dhabi?
Once we designed the master plan for the track,
we won the bid in 2006 to proceed with the
project. We’ve been operating in Abu Dhabi ever
since.
Briefly describe to our readers the
different aspects of the Abu Dhabi
Formula1 track.
Initially, the circuit was designed with a different
perspective in mind but this is no longer valid.
Today, the permanent race track is a dedicated
track, totally separate from the public road
system.
The track begins with a brief start-to-finish
straight to allow the audience a complete view of
both start and finish curves. There, one can find
oneself in the middle of the action.
At the north grandstand – the so called Arena
– the cars race at approx. 300KM/h from the
elevation towards the Arena then slowing down
immensely in a trail, driving very closely behind
one another and then again accelerating back
into a 1.2KM long straight. This guarantees a lot
of action.
Another highlight is the Marina, especially
when boats are docked. From the Marina you
head towards the hotel where the track runs
8
ISSUE 02 MAJLIS
underneath and finally leading back to the startfinish line.
Outside temperature plays a great
part when it comes to car racing; how
did that affect the Abu Dhabi Circuit
design?
Temperature does not play a big role in this case
due to the F1 Grand Prix timing in November when
the weather is already moderate. Throughout the
season, some of the races take place in climates
hotter than in Abu Dhabi.
We as designers, need to build tracks suitable
for all weather conditions including the summer
in Abu Dhabi which for example might require
special asphalt compositions.
A car race means overtaking; where
are the best spots for Formula 1 drivers
to overtake their competition in your
opinion?
There are 3 distinct overtaking points. One is the
Arena, where the cars drive slowly and closely
behind each other. The other opportunity is the
1st straight coming out of the Arena, using the
slipstream of the opponent to overtake. The 3rd
one being the end of the 2nd long straight again
using the opponent’s slipstream.
Race track curves or curve combinations
have names, i.e. “Sachs Kurve” on the
Hockenheim circuit. What’s the case
with this track?
The Abu Dhabi Motor Sports Management
(ADMM) is responsible for this. Some of the curves
might be branded but for us – from a technical
point of view – the curves are simply numbered as
T1 (Turn 1), T2 up to T21.
For you, as a racer, which would be your
favorite sections of the track?
There are a few locations on the race track that
are highly interesting to a racer. It starts with the
hill that follows the start-finish straight, where a
driver at around 270KM/h almost blindly goes into
the part of the track showing off his individual
skills. The second spot is the Marina where several
fast and medium fast curves are found as well as
the impressive atmosphere of the harbor.
Many race tracks have nicknames,
i.e. “Green Hell”. What do you think
could be a nickname for the Circuit Yas
Marina?
These names take time to evolve. Some tradition
must exist before spectators, drivers or journalists
can invent a nickname. The Green Hell was
founded by Jackie Stewart in that time. When the
first Abu Dhabi F1 Grand Prix has taken place, one
might be able to create a suitable nickname.
In your opinion, what differences are
there between the circuit of Bahrain and
that of Abu Dhabi, if any?
Both circuits are totally different in character and
can not be compared to each other. I like both
tracks very much.
And finally, to what extent is German
know–how incorporated into this
project?
It’s a combination of Arabian – especially Abu
Dhabi – know-how with German influences. n
Christian Kozur
Press & Media Assistant
THE SOLAR P WER
EVOLUTION IN THE GCC
T
he GCC is today at a decisive turning
point in the development of renewable
energy resources. The GCC countries are
stepping up the small scale pilot projects
of the past to the planning and implementation
stage of large utility scale solar power plants. The
first of which is a 10 megawatt (MW) photovoltaic
(PV) power plant being connected to the Abu
Dhabi electricity grid in June 2009. This marks the
beginning of the GCC nations’ efforts to allow the
production of additional electricity by renewable
energy sources and feed the power into the local
electricity grid. With the International Renewable
Energy Agency’s (Irena) headquarter now in Abu
Dhabi, this shift towards renewable energy is
expected to accelerate significantly.
Due to the existing subsidised grid electricity
for household and commercial consumption, the
UAE is expected to support renewable energy
production through particular support schemes
and other incentives.
The GCC market is characterised by a number of
solar power initiatives, which are mainly driven by
the government sector. The potential introduction
of a legislative feed-in regime or Power Purchase
Agreement (PPA) would undoubtedly lead to
the availability of significant project funding for
renewable energy projects in the region.
Due to the very positive outlook for renewable
energy in the region, the German Ralos Group has
recently established its Middle Eastern subsidiary
firm, Ralos Zala Energy FZ-LLC, in Dubai’s Energy
& Environment Park (Enpark), a special free-zone
destination for clean energy and environmental
technology companies.
As a photovoltaic systems integrator, the
company plans, builds and operates innovative
photovoltaic power plants – from private solar
electrical systems to high-output solar power
stations (utility scale). With over 120 employees,
and branches and subsidiaries in Spain, Italy,
Czech Republic, Austria, Canada and the United
» EXPERTS WORLDWIDE AGREE THAT SUNSHINE AND SPACE ARE
THE UAE‘S BIGGEST ASSETS WHEN DEVELOPING SOLAR POWER
ENERGY AS A KEY COMPONENT OF THE COUNTRY’S ENERGY MIX.«
Arab Emirates, the Ralos Group is among the top
5 comparable photovoltaic companies in Europe
with an installed capacity of over 150 MW.
Renewable energy, especially solar photovoltaic
power, in the UAE and the wider Gulf region
has the potential to reach European targets of
producing 20 per cent of energy from renewable
sources.
The abundance of space and ideal climate
conditions provide the UAE and Gulf region with
a unique position that allows them to harness
and eventually export solar energy. This region
benefits from the world’s wealthiest solar radiation
conditions. On average, the total solar radiation
for photovoltaic use is nearly 6 kWh/m2/day or up
to 3,700 sun hours per annum.
Abu Dhabi‘s commitment to sourcing seven
per cent of its energy from renewable sources by
2020 will create a market for renewable energy
sources in the UAE’s capital worth approximately
$8 billion in the next decade. The Government has
forecasted that the Emirate of Abu Dhabi will need
a capacity to generate from 20 to 22 gig watts
(GW) of power by 2020. Of which, 1.4 to 1.5
GW would come from renewable, including solar
photovoltaic power, which would represent the set
target of 7 per cent.
More awareness has been created in the region,
and leaders, governments, even citizens are now
becoming more informed about the advantages
of utilizing solar energy in this region. The idea
of oil and gas being used for petrochemical and
industrial applications instead of burning them
as fuel, is gaining more acceptance. Various
instruments, such as the creation of Clean
Mechanism Development, Certificate of Reduction
» DUBAI’S ELECTRICITY AND WATER AUTHORITY (DEWA) IS BEGINNING TO SEEK THE USE OF CLEANER SOURCES OF ENERGY«
10
ISSUE 02 MAJLIS
of Emissions, and Carbon Trading have been
created to help in implementing the use of solar
energy as well as constructing sustainable or green
buildings.
Abu Dhabi‘s MASDAR initiative is the most
significant effort in renewable energy in the
GCC thus far. Abu Dhabi‘s zero-carbon, zerowaste Masdar City is the focus of a much wider
- and well funded - sustainable energy initiative
emerging from the heart of the oil and gas world.
The initiative is driven by the Abu Dhabi Future
Energy Company (ADFEC), which in turn is a wholly
owned company of the government of Abu Dhabi
through the Mubadala Development Company.
The seven square kilometre site chosen is ideally
situated near the airport and a few kilometres from
the city of Abu Dhabi. The fundamentals of the
plan have been agreed upon, ground broken and
phase one is underway. So far, over $300 million
of procurement is in place, and an additional $1
billion is expected to be committed by the end of
2009. The city is due to be completed in seven
years, at a total cost of $22 billion.
WITH ABU DHABI BECOMING home to the
headquarters of the International Renewable
Energy Agency (Irena), the UAE has become
the host of the major global renewable energy
organization. Irena‘s home within MASDAR City
will allow the UAE to become the centre of a
future renewable energy industry and expertise.
Dubai’s Electricity and Water Authority (DEWA)
is beginning to seek the use of cleaner sources
of energy, including solar photovoltaic energy, to
address the limited supply of gas in the region.
DEWA is stressing that the diversification of the
power generation portfolio, in the light of fuel
price volatility and availability constraints, was
needed to meet the growing energy demands of
the Emirate.
» IN THE FUTURE, SUNLIGHT WILL BE OUR
MOST IMPORTANT SOURCE OF ENERGY. «
As part of Dubai‘s Environmental Plan, Dubai
Municipality and DEWA have shaped new Green
Building regulations. These new regulations are
aiming to conserve resources and improve the
quality of life for the residents of the Emirate. This
initiative is the first of its kind in the Middle East,
and one of the first in the world. The establishment
of the Energy & Environment Park (Enpark) FreeZone in Dubai provides now the ideal infrastructure
for clean energy and environmental technology
companies from around the globe.
THE KINGDOM OF SAUDI ARABIA is equally
pursuing ambitious plans for the future. Saudi
Aramco has recently announced that they will be
working on several photovoltaic pilot projects with
generating capacities of 1 MW to 2MW each - for
a total of 10MW.
The goal of Saudi Arabia is to install 4 GW of
solar photovoltaic capacity in the next 8-10 years.
Saudi Arabia, already world‘s largest oil
exporter, plans to be the world‘s biggest solar
energy provider and exporter within the next
10-15 years, in a diversification strategy that was
planned years ago. Saudi Arabia is positioning
all its energy sources, especially solar power, so
that the Kingdom is significantly contributing in
meeting future demand as the world‘s population,
and its energy use balloon.
Saudi Arabia’s Oil Minister has clearly stated that
Saudi Arabia is planning to make solar energy an
important pillar of the national energy mix. While
mentioning the effects of biofuels for possible
harmful ecological effects - receiving government
subsidies and increasing food prices - he has hailed
solar energy as abundant, clean and available to
all‘, and assured that Saudi Arabia is giving that sort
of energy special attention. He envisaged further
productivity gains for solar energy via technological
breakthroughs, and said that Saudi Arabia will in
the future export solar-generated electricity.
Qatar is planning to build a major solar power
complex to help meet domestic demand, which
could increase fourfold over the next 30 years. The
solar plants will have the capacity of over 1 GW by
2013 using both, PV and CSP technology.
A 2008 study by Oman‘s Authority for Electricity
Regulation (AER) made the case for small, medium
and large-scale solar projects across the country.
There is significant scope for developing solar
energy resources throughout Oman and solar
energy has the potential to provide sufficient
electricity to meet a major part of Oman’s domestic
electricity requirements and provide substantial
electricity output for export.
As part of a comprehensive strategy of
the Sultanate of Oman to develop significant
renewable energy resources to contribute to the
country’s energy mix, the Rural Areas Electricity
Company (RAECO) is aiming to play a vital role in
this strategy. In order to reduce the dependency on
diesel generators and its feedstock in the rural areas
of Oman, efforts are in place to create a specially
designed off-grid pilot project. The technical
potential for electricity generation by photovoltaic
systems operating with diesel gen-sets in isolated
off-grid power systems is assumed to be 20% of
the present electricity generation.
In an effort to spur economic development
and reduce its dependence on hydrocarbons
as a source of energy, Oman‘s government has
announced plans for further develop large-scale
grid-connected solar power.
Bahrain’s Electricity and Water Authority (EWA)
has recently announced that it will soon allow
renewable energies to feed power back into the
national grid.
Experts agree that diversification of power
generation portfolio is urgently needed to meet
the growing energy demands of the region.
Regenerative forms of energy also protect the
climate, open up new markets, reduce dependence
on imports of raw materials from abroad and
create jobs in the GCC countries. And above all,
unlike conventional forms of energy, they are
inexhaustible.
In the future, sunlight will be our most important
source of energy. Using photovoltaic technology,
we can utilise this inexhaustible resource,
converting the radiant energy into electrical energy
– without polluting the environment with harmful
emissions. n
Marc Lamsfuss | Chief Executive Officer
Ralos Zala Energy FZ-LLC, Dubai
» THIS INITIATIVE IS THE FIRST OF ITS KIND IN THE MIDDLE
EAST, AND ONE OF THE FIRST IN THE WORLD. «
MAJLIS ISSUE 02
11
Islamic Banking
Gulf region & Finance
A growth
g
h market
mark
ket
not only
l iin the
h
A
Principles of Shari’a Standards
While still not too long ago Islamic Finance has
been perceived as an exotic and rather marginal
appearance by the Western financial world, this
has greatly changed and more attention has
been given to the principles of Islamic Finance in
recent years. Especially since the beginning of the
financial crisis in summer 2008, Western financial
circles have been engaging more intensively with
the insights of Islamic Finance. As a result of
tremendous growth rates of both Islamic banks
and Islamic insurances (called Takaful) their
role has shifted from solely regional actors with
ISLAMIC FINANCE provides financial solutions
consistent with the principles of Islamic Law and
operates upon these. The Shari‘a hereby is the
primary source of law, which is based upon the
Holy Quran as well as on the Sunna (a set of
sayings and deeds of the prophet Muhammad
(PBUH)).
Besides prohibiting the trading of derivatives,
which were one of the reasons that led to
the current financial crisis, the principles of
Islamic Finance also prohibit investments in
forbidden commercial transactions (such as
gambling, the weapons industry, brewerries
as well as investments with high leverage) and
in particular the payment and also the receipt
of interest (riba). As money per se does not
have any value itself according to the Shari’a,
it is prohibited for Muslims to obtain any profit
based on interest. Rather money should solely
be used as a means for exchanging valuable
items, leasing and renting operations as well as
venture capital transactions are thus permitted
financial structures.
S A RESULT OF THE SURGE IN OIL
PRICES IN RECENT YEARS, THE
CONSUMERS AND COMPANIES IN
RESOURCE-SCARCE INDUSTRIAL
COUNTRIES SUFFERED CONSIDERABLY WHILE
ON THE THE OTHER HAND OIL RICH COUNTRIES BENEFITED GREATLY FROM INCREASED
OIL RETURNS. THE GULF REGION IS CONSIDERED TO BE ONE OF THE BIG WINNERS OF THIS
DEVELOPMENT. BESIDES THE EMERGENCE OF
BOOMING HUBS SUCH AS DUBAI AND ABU
DHABI, THIS DEVELOPMENT ALSO LED TO AN
EMERGING MARKET FOR INVESTMENT PRODUCTS AND FINANCIAL INSTRUMENTS BASED
UPON THE PRINCIPLES OF ISLAMIC FINANCE.
12
ISSUE 02 MAJLIS
contributions to local financial markets to global
actors by providing alternatives to traditional
Western investments and financial instruments.
Germany and the European Union
THE FOCUS on Islamic Banking & Finance
regulations has been remarkably increasing
recently.
Around 55 Million Muslims live
in Europe today and despite of the ethnic
differences amongst them, they share a common
way of life based on Islam. In particular in
Germany and other German-speaking countries
this development is considered to be a promising
market opportunity.
As a prominent example, the State of SaxonyAnhalt issued a loan in 2004 in the form of an
Islamic bond (Sukuk) to attract investors from the
Gulf region. In such cases, the Originator divests
the asset to a Special Purpose Vehicle (SPV), which
refinances itself through the Sukuk-Certificates.
Investors are going to acquire the asset through
the SPV, who holds the right of ownership of
the asset on behalf of the investors and issues
the Sukuk to them. This type of finance is only
possible with proper underlying assets – thus, the
Sukuk of State Saxony-Anhalt have been created
on the basis of real estate leasing securing an
income for settling the investor’s dividends.
Accordingly, a great number of Islamic Finance
experts are certain that German Muslims will
seek products in compliance with Shari’a as long
as they are introduced by high-profile financial
» IT WOULD BE PROMISING IF BOTH, ARAB INVESTORS AND GERMAN BUSINESSMEN, WILL BE PULLING TOGETHER TO CREATE A BOOMING, PROSPEROUS
AND RESPONSIBLE ECONOMY WITHIN THE ENFORCEMENT OF ETHICAL,
SOCIAL AND RELIGIOUS STANDARDS.«
(SME) in particular, the largest category of tax
payers in Germany. In addition, they will reap the
fruits of this “new-old” financial system especially
with regard to corporate and export financing in
order to raise capital and protect liquidity.
Crisis Proof Concept
» ACCORDING TO THE
SHARI’A, IT IS PROHIBITED FOR THE MUSLIMS
TO OBTAIN ANY PROFIT
BASED ON INTEREST.«
institutions in Germany or by engagement with
foreign joint ventures.
In this context it is worth mentioning that
Cominvest, a subsidiary of Commerzbank,
in 2000 issued the so called Al-Sukoor-Fund
according to the Islamic principles, which has
been closed at the end of 2005 with a total value
of only 4 million Euros. However, the incompetent
marketing strategy, the lack of communication
with Muslim customers and the restricted focus
of Western financial institutions to supply
Islamic Finance services only in the Middle East
instead of providing them for around 55 million
Muslims in Europe, is the reason for the inhibited
implementation of this type of financial system in
Europe and especially in Germany. But also the
boom period in the real estate industry in the UAE
did not actually contribute to the success of the
Al-Sukoor-Fund as other investments promised
higher returns.
The crucial question is, whether to strive for
rampant returns or to aspire for responsible
investments at all points. However, high yields and
conscientious investments must not necessarily be
mutually exclusive.
Islamic Finance principles will not only bring
benefits to Muslims but will also bring benefits to
the German small and medium-sized enterprises
THE LOSSES of Muslim investors as a result of
the world financial crisis are restricted in the
narrowest limits since they did not invest in
American properties, bank shares or other high risk
derivatives. However, the crisis also had a negative
impact on Muslim investors as a consequence of
the adverse effects on the real economy such as
the lower oil price and the damaged real estate
market in the Arab World.
Although private and state funds in the Middle
East have to deal with losses as a result of the
economic crisis, in comparison to other funds
they still have access to cash flows that can be
invested.
This became apparent for instance in the recent
involvement of the State of Qatar in Porsche as
part of the Volkswagen Group. The investment
of around 7 billion Euro lead to the acquisition of
17% of the total share of the Volkswagen Group.
Insofar Qatar has more than doubled the rate
of foreign state investments in Germany. Upon
a survey conducted by Deutsche Bank, the rate
of foreign state investments in German firms has
since 1995 not been above 6 Billion Euros.
Through such investments like the Abu Dhabi
state involvement in Daimler Motor Company in
March 2009 with estimated 2 billion Euros (equal
to approximately 10 percent of Daimler’s total
share)– the UAE is now focusing on long-term
investments.
In light of the current financial crisis and the
lessons derived from its causes as well as the
new opportunities, it becomes apparent that the
long existing principles of Islamic Finance can
and should be reconciled with the present global
economy. The Shari’a stipulates conservative,
less risky and sustainable investment principles to
secure a reasonable share of risk. Hence, it is quite
thinkable that the concepts of Islamic Finance will
influence the financial world and become crucial
components of the future financial system.
It would be promising if both Arab investors
and German businessmen will be pulling together
to create a booming, prosperous and responsible
economy within the enforcement of ethical, social
and religious standards. n
Said Wais Ashrafnia | Junior Lawyer
Typical Contract Forms of Islamic Finance:
+3epL'
Ijara ³)
is a contract of a loan transaction and similar to the conventional lease
contract. The investor leases out his equipment for a rental fee, which is
needed by a client. At the end of the rental period the client can puchase
the asset.
Musharaka
iE3e~·)
is a partnership formed to carry out a specific project: both parties share
capital similar to a conventional joint venture; thus, they share profits or losses
among them on a pro-rata basis.
Murabaha
is*)
{·)
complies with the classical trade financing concept, in which the investor sells
the asset to the client at a margin (Mark-up Sale).
Mudaraba
i*3e€·)
means in general financing by way of sharing such as a silent partnership
(Mezzanine). In this way of finance, the investor will provide funds to a client
to carry out a certain project. In consideration of this, the client will share the
potential business with his/her economic and technical know-how.
& The Abu Dhabi International Book Fair
M
EANING “BOOK” IN ARABIC,
KITAB WAS ESTABLISHED IN
2007 AS A JOINT VENTURE
BETWEEN THE ABU DHABI AUTHORITY FOR CULTURE AND HERITAGE AND
THE FRANKFURT BOOK FAIR, THE LARGEST
AND MOST SUCCESSFUL BOOK FAIR WORLDWIDE. THIS COOPERATION ALLOWS FOR THE
EXCHANGE OF IDEAS AND EXPERTISE TO DEVELOP AN INTELLECTUAL AND PROFESSIONAL FORUM FOR ALL SECTORS OF THE BOOK
INDUSTRY OF THE MIDDLE EAST, NORTH AFRICA AND BEYOND.
14
ISSUE 02 MAJLIS
Kitab’s mission is to create a sustainable
infrastructure for the publishing industry in
Abu Dhabi and the company is implementing a
number of measures to transform Abu Dhabi into
a major publishing centre within the Arab world
by helping professionalize the Arab publishing
industry.
The Abu Dhabi International Book Fair (ADIBF),
under the patronage of His Highness Sheikh
Mohammed Bin Zayed Al Nahyan, Crown Prince
of Abu Dhabi and Deputy Supreme Commander
of the UAE Armed Forces, is the major business
initiative of Kitab.
Until 2007 the Abu Dhabi International Book
Fair was simply a book bazaar that happened once
a year – designed for the publishers of the region
to sell books and for readers to find books which
were not available anywhere else during the year.
It was a local book fair like so many others in the
Arab World.
Since the foundation of Kitab the fair has
grown into a truly international book fair and has
become the most professionally organized, most
ambitious and fastest growing book fair in the
Middle East and North Africa. Abu Dhabi is the
motor driving the professional and commercial
development of the regional publishing industry,
and is financially and philosophically committed
to the long-term expansion of the global book
business. Compared to 2008, the fair exceeded
its figures in terms of net space, exhibitors and
the range of countries from which the exhibitors
are coming. At the final count, the number of
exhibitors attending the 19th ADIBF in March
2009 was 637 from 52 countries – 32% more
than the 2008 Fair.
» THE AIM OF THE JOINT
VENTURE IS NOT ONLY TO
DEVELOP THE BOOK AND
PUBLISHING INDUSTRY BUT
ALSO TO ESTABLISH READING PROMOTION ACTIVITIES
AND OTHER EVENTS AROUND
PUBLISHING AND BOOKS.«
Highlights of the Professional program include
targeted business lunches, matchmaking sessions
for Arab and International publishers, events
focusing on combating piracy in the UAE, the
business potential of digital publishing, and
practical workshops on buying and selling rights.
A modern and state of the art Business and
Rights centre facilitates B2B interactions and
networking.
Initiatives like the ‘Spotlight on Rights’ program,
encouraging the negotiation of licenses to and
from the Arabic language are new at the fair
and proved a tremendous success, with over 200
letters of intents signed in 2009 – demonstrating
the Fair’s role as a hub for the Arab book trade,
and for international publishing.
Many cultural attractions are organized for the
public, such as an Antiquarian Fair, a book signing
corner, the Gourmand hosted Show Kitchen
with international and local celebrity chefs
demonstrating their abilities, an international
cook book exhibition, live debates with authors
and book experts, just to name a few.
Education is a major focus of the Fair,
workshops, seminars and matchmaking events
that bring together publishers and leading
educators from around the world, addressing
issues facing educational publishers in the 21st
Century.
THE ‘CREATIVITY CORNER’ welcomes thousands
of children to take part in reading, arts and crafts
as well as workshops. HH Sheikh Mohammed bin
Zayed Al Nahyan, Crown Prince of Abu Dhabi,
once again in 2009, donated 4 million AED of
book vouchers for children, schools and libraries
- underlining Abu Dhabi’s commitment to literacy,
learning and promoting a love of books from an
early age.
The next Abu Dhabi International Book Fair will
take place from 2-7 March 2010.
One of the major efforts to enhance reading
promotion is the launching of an annual reading
competition in grades 6 of all public schools in
Abu Dhabi. As a start, during the year 2009 the
competition will include schools on the Abu Dhabi
Island. Over time, the goal is to establish this
competition as an institution that will encompass
all schools in the Emirate of Abu Dhabi.
ANOTHER READING promotion initiative will be
the launch of the Kitab Bus – National Mobile
Library. Kitab, in partnership with Zayed Giving
Initiative, and under the patronage of Her
Highness Sheikha Fatima bint Mubarak, and with
support from the Abu Dhabi Authority for Culture
and Heritage (ADACH), Abu Dhabi Chamber of
Commerce and Industry (ADCCI) and the Family
Development Foundation will introduce the KITAB
Bus, a traveling library for all ages. The bus will
launch its tour on October 4 in the city of Al Ain,
and will feature a large selection of books on board
as well as some computers. At each location, the
bus will stop and a reading area will be set up to
offer a variety of activities for our visitors. The bus
will spend a week in Al Ain during the month of
October, a week touring the island of Abu Dhabi
in November and a week traversing the Western
Region of the Emirate of Abu Dhabi in December.
Visitors are welcome to take some time to enjoy
a book, or to take part in the many activities that
will be offered. The aim of the bus is to bring the
Emirati culture and joy of books to all, especially
those in outlying areas who may not have access
to the vast collection available at the Abu Dhabi
National Library.
In the future, book shows and events will take
place all over the Emirate; “Al Ain reads” in Al Ain
on October 4th as a start, then towards the end
of the year Al Ruwais, in the western region.
Building up a Literature House in Abu Dhabi
that is to become on one side a platform for
industry professionals, a place where international
key players can meet their counterparts from the
region all year round, and on the other hand a
place where authors find a home, book lovers can
meet to exchange ideas and listen to readings
or meet reading clubs, where children will be
encouraged to read and where publishers will
attend seminars and trainings. All of which are
other interesting and exciting initiatives of Kitab.
Together with the Academy for the German
Book Trade and the Goethe-Institut Gulf Region,
Kitab offeres a series of lectures and workshops
designed for professionals at the CEO and
mid-management levels from the Arab Worldprofessionals who are in a position to introduce
new ideas and set the course for development
within their companies. Topics vary from strategic
planning, marketing, book design and distribution,
to e-publishing and many others. The first session
took place in June 2009 and was highly valuated
by the attendees.
The lack of coherent distribution and ISBN
systems is a huge problem in the Arab world.
Very often, the public and even publishers in the
Arab World have no information about, or access
to books published in countries other than their
own.
This is why one other major initiative by Kitab in
the next years will be the organisation and setting
up of a distribution system for books.
Furthermore in 2010, two days ahead of
the Abu Dhabi International Book Fair, Kitab
will organize the 7th International Copyright
Symposium for the International Publishers
Association (IPA) in line with its efforts to fight
piracy on the book market in the Arab World.
Latest trends in copyright policy and practice will
be discussed by key players at industries, lobbyists
and policy-makers in international organizations
like WIPO, UNESCO and IFFRO. n
Monika Krauss | General Manager
Kitab
MAJLIS ISSUE 02
15
CURRENT ISSUES
CURRENT ISSUES
Driving Trade of Foodstuff
between UAE and the EU
Developing Dubai Export
The fact that Dubai is both a Middle Eastern trade
hub and a free port makes it ideal for foreign trade.
Its world-class, large airport and massive sea port
facilitate the majority of the imports and exports.
Despite the quality of Dubai’s infrastructure being
excellent, the government is making many more
improvements in these areas with the expectation
that foreign trade will continue to improve and
increase. The majority of cargo coming in and
out of Dubai is by sea. In the last few years, this
segment represented nearly 60% of foreign trade.
As an organization funded by the Government of
Dubai, the Dubai Export Development Corporation
(EDC) was established 2006 vide Law No. 10/2006
dated May 1, 2006, to provide exporters with
specific services to help them enter or expand
foreign markets, including trade information,
branding advice, financial, legal and foreign trade
representation and access to potential buyers.
EDC also seeks to undertake an advocacy role for
exporters in their relations with government and
other relevant agencies through the formation of
long-term and mutually beneficial partnerships.
Long-term strategies to empower
Dubai exporters
Services offered by EDC broadly include providing
market intelligence, export advice, advocating on
the exporter’s behalf, exposure to international
markets through exhibitions, missions and other
events, advice and access to export credit insurance, etc.
EDC has partnered with various local and
regional organizations with the purpose of creating
mutually beneficial relationships that lead to the
economic development of Dubai. Europe and in
particular Germany being one of the focus markets
to improve trade, EDC has initiated a trade link
partnership with the German Emirati Joint Council
for Industry & Commerce (AHK).
EDC Works together with AHK in several areas,
some of which being exploring Islamic Finance
opportunities in Germany, exporter awareness &
training (for exports to the EU), cooperation and
joint participations in selected local & international
exhibitions and events, investment & trade
facilitation for members of both organizations
16
ISSUE 02 MAJLIS
and matchmaking between members. While the
AHK in Dubai officially represent the interests of
German industry and commerce in the UAE, EDC
sees it as a strategic partner to grow trade between
the UAE and Germany.
Processed Food Sector in the UAE
The EU (with Germany being a major contributor)
is the world’s largest importer of food and the
largest market for imports of food from developing
countries. It imports feed, processed food, plants
and animals from over 200 countries. This fact
makes the EU an important partner of the UAE in
the area of food trade.
Dubai’s food processing industry has grown
exponentially in the last few years and exports of
processed food itself (HS Chapters 16-21) to the
world exceeded AED 2.5 Billion (2008, Dubai World
Statistics). An analysis of the distribution of these
exports, however, shows that only approximately
2% of this value is exported to the EU, with even
less (approximately 0.1%) going to Germany. In
contrast, nearly AED 5.5 Billion worth of processed
food was imported into Dubai, with the EU
contributing to over 31% of the total import value,
of which Germany’s share alone was nearly 12%.
The EU is sometimes considered as a difficult
market in view of its high food standards, but this
is in view of its choice not to compromise over
food safety rules. That applies as much to its EU’s
own member states as it does to other countries
wanting to export to the EU. EDC believes that
certain segments of the processed food industry in
Dubai have reached the maturity to export to the
European Union.
Hence, EDC is working with food manufacturing
& processing establishments in the UAE to facilitate
their exports to the EU. In the first quarter of year
2009, despite reduced demand worldwide, Dubai’s
food exports remained sustained, if not enhanced
(especially in chocolate products, milk, sugar
products, etc.)
trade fair for the global food and beverage industry.
Held every two years, it draws unparalleled levels
of quality visitors, making it the most effective
route for food and beverage companies to grow
their business. With 163,348 visitors from 174
countries attending the 2007 edition, Anuga offers
a premium platform for meeting with key decision
makers from the global food and beverage
industry.
EDCs enhanced national pavilion package
consists of a minimum 9 square meters booth
for each company and companies will be able to
benefit from a host of value added services, such
as:
l Pre-show marketing and briefings, including
promotion of the Dubai Pavilion and its
exhibitors
l Business meetings with potential customers at
the trade fair
l Use of the EDC Hospitality Lounge
l Full event management and on-site support at
the trade fair.
For further information please
contact: AHK
EDC – Dubai Export Development Corporation
Daniela Calligaro
Head of Business Development Services
Tel. +971 (0)4 397 0001
Email: [email protected]
Moin Anwar
Director, Exporter Services
Tel: +971 (0)4 429 8888
Email: [email protected]
www.dedc.gov.ae
Dubai Pavilion at Anouga 2009
Recently EDC took five Dubai companies to the
Anuga Exhibition in Cologne (10-14 October
2009). At the Dubai Pavilion, EDC showcased
Dubai industry’s capabilities. Anuga is the leading
Engr. Saed Al Awadi | CEO |
Dubai Export Development Corporation
DUBAI’S TRADE SHARE OF PROCESSED FOOD CATEGORIES IN 2008
PROCESSED FOOD SECTOR
Meat/Fish Preparations
Sugar & Confectionary
Cocoa & Preparations
Cereals, Flour, Starch Preparations
Vegetables, Fruit, Nut Preparations
(incl. Juices)
Miscellaneous Preparations
% EXPORTS
TO WORLD
% EXPORTS
TO EU
% IMPORTS
FROM WORLD
% IMPORTS
FROM EU
1.6%
50.2%
16.1%
10.3%
17.3%
0.2%
69.7%
11.2%
10.5%
6.9%
8.7%
18.7%
13.1%
17.1%
17.2%
2.1%
4.9%
25.3%
25.5%
16.5%
4.5%
1.4%
25.3%
25.5%
PROCESSED FOOD IMPORTS TO DUBAI (2008)
PROCESSED FOOD EXPORTS FROM DUBAI (2008)
2%
32%
68%
n EU
98%
nR
ld
Restt off th
the W
World
n EU
nR
ld
Restt off th
the W
World
Source: Dubai World Statistics Dept.
Dubai Pavilion at Anouga:
Exhibitors Profiles
POSITIVE PACKAGING UNITED (M.E.) FZCO.
An ISO 9001 and BRC/IOP certified company,
earlier known as United Flexible Packaging was
one of the first flexible packaging companies in the
Middle East. PPU are manufacturers of High Quality
Rotogravure & Flexo printed Flexible Packaging,
catering to the food industry and exporting to
more than 40 countries including Germany,
Netherlands, U.K., U.S.A., Russia, South Africa etc.
[www.positivedubai.com]
THE ALOKOZAY GROUP
Headquartered in Jebel Ali Free Zone in Dubai,
the Alokozay Group is one of the leading
privately owned business conglomerate in the
UAE with commercial interests in the area of Tea
manufacturing. Alokozay Group‘s history spans
over 100 years of business in diversified trading
portfolios across Central Asia. With representation
in over 40 countries located in the Middle East,
Central Asia, Asia, Europe & Africa regions;
each branch office operates having its own
extensive distribution network. There are over
5000 committed and professional team members
supporting the ideals of this leading enterprise.
[www.alokozay.com]
GULF & SAFA DAIRIES COMPANY L.L.C.
The oldest dairy company in UAE since 1964 with
sustained leadership in dairy sector for over 40 years
.Its brands include Laban UP (the largest selling
Laban in the UAE), Sterilac yoghurt (known for
unique formulation without any additives) & SAFA
(a range of dairy and juice products). Its production
facilities are state of the art manufacturing facility
with full automation, with a total manpower
strength of over 500 committed employees.
[www.gulfsafadairy.com]
SHAMA FOOD INDUSTRIES
Established in January 1999. Today, the company
operates from a full-fledge, state-of-art factory
in Dubai, with a built up area of 7,000 sq. ft.
The production process is effectively streamlined
through machinery imported from Europe and India
to assure timely delivery, product uniformity and
quality management. The products include a whole
range of Indian and Arabic spices, spice blends,
herbs, garam masala, bizar and cloves. Shama also
has a range of products for the HORECA sector
including food colors and preservatives.
[www.shamaspice.com]
AL NASSMA CHOCOLATE L.L.C.
The manufacturer of Al Nassma chocolate, the first
and finest camel milk chocolate, is headquartered
in Dubai in Umm Nahad adjacent to Camelicious,
the sole supplier of camel milk to Al Nassma. For
this exceptional project, professionals from around
the world joined in to create an innovation 133
years after milk chocolate was invented. Al nassma
is a unique product that encapsulates the spirit of
Arabia and Dubai. The product development for this
exclusive chocolate has been meticulous and only
the finest ingredients have been chosen to assure a
premium product. [www.al-nasma.com] n
MAJLIS ISSUE 02
17
Committees & Working Groups of the German–
A
S A CORE ACTIVITY OF AN AHK,
THE WORK OF COMMITTEES AND
WORKING GROUPS IS THE BASIS
FOR THE GERMAN EMIRATI JOINT
COUNCIL’S ADVOCACY ROLE AND AN EFFICIENT
TOOL TO INTEGRATE THE BUSINESS-PEOPLE,
EXPERTS AND MEMBERS INTO THE AHK.The
members will have an opportunity to actively and
directly participate in defining, developing, discussing, and resolving issues impacting the operations
of their businesses and organizations.
The AHK will continue to strive to establish value
added Committees, Working Groups as identified
by the Membership and keep them sustainable.
AHK COMMITTEES
The Committee structure enables the AHK to
engage interested members, over an extended
period of time, in industry and sector specific policy
related issues and projects.
HOW ARE COMMITTEES INITIATED?
AHK committees are open to all AHK members in
good standing (i.e. membership dues paid in full).
The AHK allocated Mrs. Rim Elbayar-Aly as
its Committee Executive Officer to be the link
and backstopper for the committees in the AHK
administration and offices.
Other AHK staff members (assigned by the
CEO) will be handling some of these committees,
i.e. Energy, Board of Sustainability, Investments and
Construction by Dr. Dalia Abu Samra-Rohte and
Mrs. Cindy Tereba (AHK Abu Dhabi), Trade Fairs
by Mr. Oliver Parche’, Training & Further Education
by Mr. Schroeder, Legal Affairs by Mrs. Marketta
Rosenthal and finally Iran working group by Mrs.
Daniela Calligaro. All the latter committees will
work in close coordination with the Committee
Executive. The AHK office will maintain an up-todate electronic database of all members who desire
to be active in a particular committee or working
group.
The Committee Executive will be responsible for
circulating information and minutes of all meetings
to all committee members and include appropriate
information on the AHK website.
The AHK office will actively participate in
recruiting members for the committees.
Non-Chamber members may participate in
committee discussions when deemed appropriate
by the committee leadership and agreed upon by
the AHK administration; however, they will not
receive mailings, nor be allowed to vote. They may
participate in up to two committee meetings before
18
ISSUE 02 MAJLIS
membership becomes compulsory to continue
participation.
Committees will meet regularly, on a schedule
appropriate to their issues and level of activity.
Committees will be encouraged to develop
mission statements, an annual work agenda,
and position papers expressing the views of the
committee on issues relevant to the Committee’s
interest.
Committee decisions should be supported
through building consensus among all participating
committee members.
The AHK administration will assist the
committees to seek and use resources necessary for
understanding of issues falling within the realm of
the committee. The following Committees will be
established:
Banking and Finance
Task: Actively participate in UAE and German
banking and financial system development and
promote high quality standards and values. Support
and develop initiatives of governments and local
banking associations and financial institutions
towards establishment of local banking environment
harmonized with the best international banking and
financial practices. Initiating partnering and crossborder investment in the banking and financial
sectors. Contact: [email protected]
Construction and Infrastructure
Task: Seeking to enhance the performance of the
sector through its cooperation with all official
and regulatory authorities as well as financial and
investment institutions. Introducing, promoting and
monitoring the latest state of the art technologies in
the construction and infrastructure sector. Partnering
and cross border investments in this sector both in
the UAE as well as in Germany.
Contact: [email protected] (Dubai)
Contact: [email protected] (Abu Dhabi)
Energy
Task: The Energy Committee is to take care of and
to advocate on energy-related issues and projects
in order to promote further development of the
energy sector and especially to enhance cooperation
between UAE and German member companies
in all related fields, such as energy sources , oil &
gas, alternative energy, climate change, emissions,
energy sources, environmental issues, power
generation, research and government relations,
clean technologies and other energy-related
environmental issues and technologies.
* German Board of Sustainability
Task: The “German Board for Sustainability” (former
Green-Building Committee) has been established
in order to monitor and promote technologies in
the field of “green-building”, eco-efficiency, and
sustainable solutions, where German technologies,
processes and standards are state of the art and
can be made especially viable and feasible in the
ensuing environment and framework of the UAE.
Contact: [email protected]
Investment
Task: The UAE are the No.1 country in the MENARegion, as regards German direct investment.
UAE Sovereign Wealth Funds and companies have
recently invested heavily in Germany. However,
there is room for more and the major task of the
investment committee is to help to create the
necessary framework and environment, identify
the opportunities and to build a platform, where
potential investors can meet and make deals.
Contact: [email protected]
Health
Task: Thousands of Emiratis are undergoing medical
treatment in Germany year by year, making use of
the high standard and favorable cost-structure of
the German health sector.
On the other hand, more and more German
doctors and German medical technology is coming
to the UAE, making tribute to and at the same time
contributing to the increasing and expanding health
infrastructure, developed in the UAE over recent
years. Contact: [email protected]
Hospitality
The Hospitality Committee is open to members, that
have a direct link to Tourism and Hospitality interests.
It represents the business interests of Tourism and
Hospitality companies and acts on behalf of both
its Emirates and German members, many of whom
maintain significant commercial interests in the UAE
and Germany.
Contact: [email protected]
Education &Training
The Education and Training Committee provides
a forum for AHK members in the training and
education business to interact and address industry
issues and needs. It serves as a resource base for
sharing information through events and programs
about the latest in training and development
methods for training companies, academic
institutions, and corporations. The Education and
–Emirati Joint Council for Industry & Commerce
Training Committee provides information and
networking opportunities for all AHK members who
have interest in this field.
Contact: [email protected]
Legal Affairs
The Legal Committee has the purpose to review
the legal framework and legal issues that may
have an impact and the bi-lateral business relations
and to advocate its improvement. Furthermore to
provide legal support and assistance to the AHK
and its various committees as well as setting up,
in collaboration with the Education & Training
Committee legal education and training programs.
Contact: [email protected]
Small & Medium Enterprise Development
The purpose of the SME committee is to work
with members, international organizations and
relevant governmental agencies in promoting the
interests of the SME sector in the UAE as well as
to engage with the SME community as part of a
collaborative initiative designed to foster the needs
of the SME sector. The committee will also organize
activities and initiatives relevant to SME members
and encourage their involvement in AHK activities.
Another focus will be “Family Businesses“, its stand
and perspectives in the global business order, as well
as to build networks between family enterprises in
both countries. Contact: [email protected]
Transportation & Logistics
The T&L committee is responsible for the
development and implementation of the AHK
transportation infrastructure & Logistics policy. The
committee will concentrate on what must be done
collectively by both the “users“ and “providers“ of
transportation infrastructure and Logistic Services
to improve economic productivity, international
competitiveness, and quality of life. The Committee
provides information, education, and networking
opportunities that enable the AHK members to
remain on the forefront of industry topics. Contact:
[email protected]
Information & Communication Technologies
This Committee exists to provide a service to
Chamber members who have a professional
involvement in Information and Communications
Technologies (ICT) and a corresponding interest in
gaining better insight into the various parts of this
fast growing sector and its business potential. The
objective is therefore to give members a framework
in which to learn, share experience and improve
their access within the field. More specifically, the
Committee seeks to create a focus for ICT-related
businesses, develop a coherent program centered
on business and technology issues, and provide a
framework for relevant learning, networking and
facilitation of access to information and players in
the ICT sphere. Contact: [email protected]
Trade Fairs
The international trade-fairs business is undergoing
major developments and changes amid an increasing
competitive environment. In terms of exhibitors as
well as visitors Germany is Trade Fair Place No.1 in
the world, many fairs in Germany are world-leading
events. Dubai on the other hand is Fair Place No.
1 in the Middle East Northe Africa Region, Abu
Dhabi, with its new Exhihition Ground and due to
its outstanding economic weight is picking up.
The Trade Fairs Committee follows up all matters
related to trade-fairs business and is also focusing
on related matters such as marketing, trade-fairs
training programmes, after sales services, visafacilitation etc. Contact: [email protected]
Women In Business
Contact: [email protected]
AHK WORKING GROUPS
Working Groups focus on specific issues and bring
together members who are experts on that issue to
develop and execute an action plan to resolve the
problem and then disband. The Working Group can
be established either as a sub-entity of a standing
committee or as a stand alone “ad hoc” Working
group. This structure is very effective in resolving
specific issues in a short period of time.
A Working Group can be transformed into a
Committee, if this is justified by the sustainability
of its task and by an adequate membership. The
abovementioned rules for Committees shall also,
apply, where appropriate, in analogy for Working
Groups. The following Working Groups shall be
established:
European Union – Gulf Cooperation Council
(EU-GCC)
This Working Group will deal with the EU-GCC
relations in general and the economic relations in
particular. A special focus shall be to advocate for a
fast conclusion of the EU-GCC Association and Free
Trade agreement as an important step for expansion
of trade and investments in both directions. Another
focus will be how to bring European business
associations operation in the UAE and in the GCC
closer together in order to join forces and eventually
set up a joint European business support - structure.
Contact: [email protected]
South Asia – GCC
This working group will evaluate the business
relations between the UAE and the states of South
Asia, especially India and Pakistan and will assess,
how new trade and investment flows can be created,
including German companies, using the U.A.E as a
gateway to the South-Asian markets.
Contact: [email protected]
Iran
The Working Group Iran will evaluate the trade and
investment flows between UAE and Iran, and will
assess, how new trade and investment flows can
be created, including German companies, using the
UAE as a gateway to the Iranian market.
Contact: [email protected]
Iraq
The Working Group Iraq will evaluate the trade and
investment flows between UAE and Iraq, and will
assess, how new trade and investment flows can
be created, including German companies, using the
UAE as a hub for the Iraq market.
Contact: [email protected]
The “New Silk Road”
The Working Group Iraq will evaluate the trade and
investment flows between UAE/GCC and the states
of Central Asia as well as Far East, especially China.
(The “New Silk Road”)
It will assess, how new trade and investment
flows can be created, including German companies,
using the UAE as a hub for the markets alongside
the New Silk road. Contact: [email protected]
Middle East& Economic Affairs
This Working Group will concentrate on the
changing patterns of Middle Eastern policies and
its impact on Doing Business in the Middle East,
especially on the role of the UAE as a logistic and
financial hub for serving the surrounding MENA
Markets. Contact: [email protected] n
Rim Elbayar-Aly | Head of Official
& Corporate Communications and
Media Affairs | German-Emirati Joint
Council for Industry & Commerce
MAJLIS ISSUE 02
19
WhyDubai
is not being built on
sand.
D
URING THE LAST FEW MONTHS,
THE GLOBAL ECONOMY HAS WITNESSED A SERIOUS DOWNTURN
IN A WAY THAT WAS NEVER EXPERIENCED BEFORE. THIS CRISIS WAS NOT LIMITED TO THE US MARKET, WHERE IT BEGAN
INITIALLY; EVEN THE EMERGING MARKETS
OF CHINA AND INDIA HAVE SUFFERED SIGNIFICANTLY, NOT TO MENTION THE LEADING
EXPORT NATION, GERMANY. Consequently,
the economy in the United Arab Emirates, especially Dubai, has cooled down as well. Before the
crisis broke out, Dubai was often praised as an icon
of the Gulf region but now voices have become far
more critical. A leading German daily newspaper
published an article on March, 17th 2009 under
the title: “Dubai: The End of 1000 and one nights”.
Unfortunately, the reports do not really differentiate between various issues; the real estate market,
mega projects, tourism, working conditions as well
as the shortcomings of the political system. The
article missed out on asking the central question
which is: What made Dubai so successful? Dubai
has a geo-strategic advantage, which must not be
left out at the discussion about the current situation. Due to the relocation of trade flows, the city
has become a hub connecting the Asian and the
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ISSUE 02 MAJLIS
European respectively the North American markets. Additionally, Dubai reaches out to a regional
market with more than 1.5 billion people.
As far as the real estate and construction
sectors are concerned, the total amount of the
10 biggest projects put on hold amounts to
$271.1 billion, including mega projects such
as the Jumeirah Gardens with a volume of $95
billion! Many projects are still underway, the 10
biggest with a volume of $173.5 billion, including
Dubailand worth $54 billion. A good comparison
to this would be the project around the Potsdamer
Platz in Berlin, Gemany, which was the biggest
construction site in Europe at that time and had a
volume of less than $7 billion.
Rents dropped sharply from all time highs during
the last eight months. It is assumed that a huge
amount of flats and offices are left empty, even
though there are no official numbers available in
that regard. Even the newly established Real Estate
Regulatory Authority will not be able to account
for these numbers.
The tourism sector, which contributes 19%
(indirect 32%) to the GDP, seems to have a high
rate of occupancy compared to Europe’s hotels
despite its increasing capacity (+11% to 493 hotels
in 2008). Dubai might look like a place with a short
life span for Europeans but it is actually a very
attractive holiday destination for a large part of the
Arab population. Here one can stay in a place with
a familiar culture but also take advantage of some
comforts of the western world. Consequently
25% of all hotel guests come from Arab countries
making it the second largest group after guests
from Europe (33%).
» ONE MIGHT BE CRITICAL
ABOUT THE DEVELOPMENT
OF THE REAL ESTATE MARKET, BUT WHEN IT COMES TO
DUBAI’S FUTURE TAKING ITS
GEO-STRATEGIC LOCATION
AS A TRADING CENTER INTO
CONSIDERATION, IT IS DIFFERENT. «
The region as such has a long tradition
concerning seafaring. As early as 1820, a contract
was signed between the tribe of the Qawasim and
the East India Company, transforming the waters in
FOCUS THEME
FOCUS THEME
the region from the “Pirate Coast” to the “Trucial
Coast”. Yet, the real development of Dubai as a
trading center started with the enticement of
businessmen from the Persian harbor, Lingah,
which was the biggest trading harbor in the region
at that time.
German Pavilions which are funded by the German
Ministry of Economics and Technology increased
from 5 trade fair participations in 1995 with
156 participating companies to 23 participations
with 1497 companies in 2008 - including the
biggest German Pavilion with 360 participating
» DUBAI IS LOCATED ON AN EAST-WEST AXIS, BETWEEN THE
FAR EAST AND EUROPE, AND ALSO ON THE NORTH-SOUTH
AXIS BETWEEN THE CIS AND AFRICA. «
The historical background shows Dubai’s
consistency to establish itself as a trading hub.
Given its geographical position that makes it an
excellent trading hub, Dubai should become the
Hong Kong of the Gulf region. Dubai’s location on
an East-West axis – on which the emerging markets
of all the South Asian countries can be found – is
a gateway between the Far East and Europe. But
most importantly, Dubai is also located on the
north-south axis between the CIS (Commonwealth
of Independent States) and Africa. A great deal
of the African business is already taking place in
Dubai despite the fact that the UAE’s population
amounts to only 4.7 million people; hence the
market potential in the UAE itself is quite limited.
Nevertheless, Dubai is one of the most important
Trade Fair markets for Germany in the world.
Predominantly, all what counts is how a country
takes advantage of its geo-strategic location.
Dubai has proven to take advantage of its location
wisely and consequently. According to AUMA (the
trade fairs committee of the German industry), the
companies at the Big 5. Thus, Dubai hosts more
exhibitions than Shanghai (32 German Pavilions,
968 companies) but of course China hosts more
pavilions in a country to country comparison. Dubai
holds a good position in the international ranking.
In contrast, Moscow, the biggest trade fair location
for German Pavilions hosted 39 in 2008 with 1683
participating companies.
The change in trade flows is also witnessed by
the development in passenger traffic at the airport.
Despite the economic crisis, passenger traffic
increased by 6.5% in April 2009 to approximately
40 million travelers compared on an annual basis
with 2008, making Dubai airport the fourth biggest
worldwide, serviced by 125 airlines which cover
210 destinations. In comparison, the Frankfurt
airport counted 53.5 million passengers in 2008.
Paul Griffith, director of Dubai Airport expects that
the number of passengers in the whole Middle East
will increase to 400 million people in the upcoming
years, with Dubai cumulating 50% of them.
Dubai witnessed an increase in its trade volume
of 44% (non-oil trade) to $192 billion in the first
nine months of 2008. Trade coming through Free
Zones and Customs Warehouses increased at the
same time from $50.2 billion (AED 184.1 billion)
to $66.9 billion (AED 245.6 billion). Dubai’s biggest
trade partners are China, India, USA and Iran.
Overall, Dubai’s trade volume increased by 11%
annually since 1988. Furthermore, the fact that
there are no income taxes (except for oil businesses
and banks which pay a flat tax) should support this
development in the future as well.
To sum up, Dubai is without any doubt
witnessing tough times due to the credit crunch,
the burst of the “real estate bubble” and finally
the economic downturn. There is simply no
high-performance alternative on the east-west
axis. Whereas Saudi-Arabia is building a harbor
on the Red Sea which is planned to reach Jebel
Ali’s capacity, Dubai is already taking the next
step towards the mentioned all integrated megalogistic-hub. This proves that Dubai is at least one
step ahead of other Gulf countries. Thus, Dubai
will remain the place to meet for businessmen
from Europe, Africa, India, and China in addition
to those from the countries in Latin America in the
future for a considerable time. n
Oliver Parche | Deputy CEO &
Head of Trade Fairs | GermanEmirati Joint Council for Industry &
Commerce
MAJLIS ISSUE 02
21
Renewable Energy Technology
Powers Hamburg
R
enewable energy sources are in high
demand the world over – and Hamburg
is one of the major centers of this
booming industry. By implementing the
new climate protection concept, the Hanseatic city
intends to lead the way in championing effective
and sustainable climate protection. Hamburg
aims to power its municipal buildings entirely with
electricity from renewable sources. To achieve
the climate protection goals, the Senate plans to
invest EUR 25 million per year in 2009 and 2010,
respectively. Wind and solar power are growth
drivers in Europe’s Green Capital 2011. This has
also been recognized by Vestas. The world’s largest
manufacturer of wind turbines has moved its Central
Europe division to Hamburg. The 40-strong staff
already working in the new 3,000 sqm domiciles
is to grow to 170. The Nordex Group, one of the
world’s leading suppliers of wind power plants, is
currently building new corporate headquarters for
its 600 employees. The property, site of a former
hospital in the north of Hamburg, provides ample
room for expansion. Swedish Energy Company
Vattenfall followed suit, centralizing its wind
power business in Hamburg. Other global players
are also aware of Hamburg’s significance for the
wind energy industry. Siemens established its
European headquarters for wind power sales and
project execution in Hamburg, RWE runs its wind
power activities from Hamburg’s City Nord, and
the world’s leading service provider for renewable
energies, GES Deutschland, recently relocated
its headquarters and a team of 50 employees
from Oldenburg to Hamburg. Vestas competitor
REpower and the new municipal power company
Hamburg Energie, along with local green energy
providers LichtBlick and Greenpeace, all specialize
in renewable energy sources. Yet wind energy is
not the only pillar of the industry in Hamburg. Oil
major BP established a base in the city, distributing
photovoltaic modules through its BP Solar branch,
and Conergy and Sun Energy also run operations
from Hamburg. More and more renewable
energy companies are locating in the Hamburg
metropolitan region, while resident enterprises
are expanding. For suppliers and manufacturers,
for planning, financing and certification agencies,
insurers and other service providers, Hamburg is a
prime location: renewable energy is the essential
industry of the 21st century – no other economic
sector is growing at such a rate, across the globe,
and particularly in Hamburg. n
Kirsten Staab | Hamburg
Representative | German-Emirati
Joint Council for Industry & Commerce
HAMBURG European Green Capital 2011
H
AMBURG, 2011 WINNER, WHICH HAS
SHOWN MAJOR ACHIEVEMENTS IN
THE PAST YEARS AND AT PRESENT,
HAS ALSO ACHIEVED EXCELLENT
ENVIRONMENTAL STANDARDS ACROSS THE
BOARD. THE CITY HAS SET VERY AMBITIOUS
FUTURE PLANS WHICH PROMISE ADDITIONAL
IMPROVEMENTS.“
That was the jury’s conclusion, when they
picked Hamburg as European Green Capital 2011.
This award is both recognition and challenge –
calling on Hamburg to show that a boom trading
and service city with a strong industrial character
can still lead the way in climate action and
environmental protection. There are few other cities
22
ISSUE 02 MAJLIS
which concentrate on organic development to the
same extent as Hamburg. The best examples are
HafenCity, the biggest urban development project
in Europe, and the International Building Exhibition
(IBA) in Wilhelmsburg with many examples of
climate-conscious construction. As part of the 2013
International Garden Show (IGS), a new city park
is being created in Wilhelmsburg too. It is already
possible to walk through the city on green routes
from park to park, largely undisturbed by traffic. By
using its land sparingly and continuing to improve
its green areas, Hamburg has earned its title of the
most environment-friendly city in Europe. n
MEMBER PROFILE
MEMBER PROFILE
Y
AHYA BIN SAEED AL LOOTAH IS THE
CHIEF EXECUTIVE OFFICER AND VICE
CHAIRMAN OF S.S. LOOTAH GROUP,
A LEADING DIVERSIFIED BUSINESS
HOUSE BASED IN DUBAI, UNITED ARAB EMIRATES. HE HOLDS A DEGREE IN CIVIL ARCHITECTURAL ENGINEERING AND A MASTER OF
SCIENCE IN ENGINEERING FROM UNIVERSITY
OF BRIDGEPORT, USA.
Founded and chaired by Haj Saeed Ahmed Al
Lootah in 1956, S.S. Lootah Group is known for
its diverse and successful business ventures, nonprofit educational institutions, entrepreneurship,
veracity as well as its profound dedication to
corporate citizenship and sustainable development.
The group is active across key business sectors from
construction, real estate and energy, to applied
research, ICT, education, hospitality, media and
healthcare among others.
Eng. Yahya Lootah leads with an „Actions speak
louder than words“ philosophy, supported by the core
values of innovation, leadership and partnership. He
is actively involved in key management and strategic
decisions at the Group, and plays an important role
in conceiving and developing new business concepts
and joint ventures.
As the Chairman of S.S. Lootah International,
conceived in 1997 to facilitate partnerships and
cooperation with leading international companies,
Eng. Yahya Lootah led S.S. Lootah Group‘s strategic
global expansion into Asia, Canada and Europe.
He chairs the board of a number of international
joint ventures and sits on the Advisory Board of the
School of Engineering at the American University in
Dubai.
Eng. Yahya Lootah has been also elected to
various committees representing the national
business interests of the UAE, in recognition of
his proactive initiatives in enhancing bilateral trade
relations between the UAE and partner countries.
l Member of UAE-Kazakhstan Business Council
l Member of UAE-Tunisia Business Council
l Vice Chairman of the ‘German-Emirati Joint
Council for Industry & Commerce’
Under his leadership, S.S. Lootah Group has
earned the highest recognition from the UAE
government and other regional international
organizations for its commitment to sustainable
development, social entrepreneurship, CSR, clean
energy and business excellence.n
A Partner for Good...
F
OUNDED IN 1956
1956, S.S.
S S LOOTAH GROUP
PURSUES A VISION THAT PROMOTES
SUSTAINABLE DEVELOPMENT FOCUSING ON ECONOMIC, SOCIAL AND
ENVIRONMENTAL GAINS FOR THE REGION.
ITS BUSINESS ACTIVITIES SPANS GROWTH
SECTORS ACROSS MANUFACTURING, SERVICES AND KNOWLEDGE ECONOMY SUCH
AS, CONSTRUCTION EDUCATION, HEALTHCARE, REAL ESTATE, CLEAN TECH AND ENERGY.
TODAY, ENG. YAHYA BIN SAEED AL LOOTAH,
VICE CHAIRMAN-CEO IS BRINGING THIS VISION TO LIFE THROUGH LEADERSHIP, INNOVATION AND PARTNERSHIP.
In line with the vision of His Highness Sheikh
Mohammed Bin Rashid Al Maktoum, the Vice
President, Prime Minister of the UAE and Ruler of
Dubai, S.S. Lootah Group lays special emphasis
on the knowledge economy
economy. “We are always
exploring synergies to develop human capital, by
collaborating in research and alternative energy
technologies“ says Eng. Yahya Lootah. This and
much more was made possible through a strategic
partnership with Fraunhofer Institute in 2006.
Today Fraunhofer Middle East office is located at
the S.S. Lootah Headquarters in Dubai.
In his speech during the Emirati-German Joint
Council for Industry and Commerce Luncheon held
in Dubai last June he said: "The establishment of
this Joint Council is not only another step forward
in making the strategic relationship between the
UAE and Germany stronger and more fruitful,
but also a great opportunity to set an example of
how partnership and innovation can drive business
forward even when the global economies are
slow". No wonder that his leadership has prompted
yet another long term pa
partnership in the healthcare
sector this year for the new hospital S.S. Lootah is
building in Dubai.
Last June, S.S. Lootah Group initiated the
Innovation Culture Program in collaboration with
Fraunhofer, AHK and the Hamburg Representative
Office. A delegation from Zayed University students
went on to explore why Germany is the land of
innovation; a first of its kind program that enables
UAE students to explore and shape the future.
„We do not see only opportunities for business
with Germany but also social and cultural synergies
which we believe is the strong foundation for a
long-standing relationship – a ‘partnership for
good’, says Eng. Yahya Bin Saeed Al Lootah, Vice
Chairman-CEO, S.S. Lootah Group and the Vice
Chairman of the German-Emirati Joint Council for
Industry & Commerce. n
MAJLIS ISSUE 02
23
TRADE FAIRS
2009
DECEM
TRADE FAIRS
BER
7-9
ABU D
HABI
Global Space Technology Forum
T
HE UAE IS MAKING GIANT STEPS
TOWARDS THE DEVELOPMENT OF
A NATIONAL SPACE INDUSTRY. THE
GLOBAL SPACE TECHNOLOGY FORUM
(GSTF) HIGHLIGHTS THE UAE‘S PIONEERING
ROLE IN REGIONAL SPACE INDUSTRY DEVELOPMENTS AND BRINGS THE INDUSTRY TOGETHER IN ONE PLACE FOR THREE DAYS. THE
FORUM WILL BE THE SECOND OF ITS KIND IN
THE MIDDLE EAST.
Beyond the conventional speakers, debates
and discussion sessions, GSTF offers a two-day
conference on global policy focusing on the new
technology and research efforts towards making
space access easy and affordable involving top
space supplier companies, seminars and workshops,
and an awards program. Held alongside it is a
three-day exhibition of the latest space technology
equipment and services.
Another highlight will be the high level
Advanced Sat-Com Conference spotlighting the
advances in satellite communications which are
slowly revolutionizing the communication sector.
All these include a wide range of activities,
attracting a large population base and inspiring
young Emiratis, professionals and students to take
a greater interest in space research.
Home to more than 20 emerging national
space projects, the Middle East and North African
region is rapidly evolving as one of the key growth
markets for the global space industry. GSTF ’09 will
host a series of exclusive ‘closed door’ meetings
during the event to facilitate discussions between
key representatives from various MENA and other
emerging space markets and selected suppliers
to the industry. Suppliers who are invited for
the MENA Space Project presentations will have
the opportunity to ask specific questions about
existing and emerging space projects and build
relationships with leading space organizations
and the worldwide space and related research
community.
Organized by Streamline Marketing Group,
the Global Space Technology Forum has the
support of key organizations including Group on
Earth Observations Systems (GEOS), UAE Space
Reconnaissance Centre, The Emirates Institution
for Advanced Science and Technology (EIAST),
The International Society for Photogrammertry
and Remote Sensing, The International Space
University, UAE Society of Engineers - UAE
University, Satellite Evolution, and International Air
and Space Magazine.
GSTF is represented in Germany by the GermanEmirati Joint Council for Industry & Commerce. For
more information please contact Sruthi Sreedharan
from our Trade Fair Team on +971 4 3970 001 or
[email protected] n
Organized by:
Streamline Marketing Group
P. O. Box 62440
Dubai, U. A. E.
T: +971 4 332 9029
F: +971 4 332 9648
E: [email protected]
www.smg-conferences.com
The 12th International Commercial
Property Exposition.
Munich, Germany.
05.10. - 07.10 2009
24
ISSUE 02 MAJLIS
Focusing on the region's fastest
growing sectors – IT business
solutions, telecommunications &
consumer electronics.
Dubai International Convention &
Exhibition Centre, Dubai,
United Arab Emirates.
18.10.2009 – 22.10.2009
International Furniture and Design
Exhibition: The trade event for
cutting-edge interior design,
architecture, contemporary
furniture, art, lighting, fabrics &
accessories. New International
Exhibition Center, Doha, Qatar.
21.10.2009 – 24.10.2009
The 11th International Trade
Fair for Machinery, Equipment,
Plant, Processes & Raw Materials
for CERAMICS & POWDER
METALLURGY.
New Munich Trade Fair Centre.
20.10.2009 – 23.10.2009
TRADE FAIRS
2009
TRADE FAIRS
BER
DECEM
7-9
MENOPE2009
I
DUBA
M
ENOPE 2009 IS NOW IN ITS SEVENTH EDITION AND HAS EVOKED ENTHUSIASTIC RESPONSE
FROM ACROSS THE WORLD
WITH OVER 175 COMPANIES FROM OVER 35
COUNTRIES TAKING PART IN THE SHOW. THE
SHOW IS ORGANIZED BY THE DUBAI-BASED
GLOBAL LINKS AND IS SUPPORTED BY THE
UAE MINISTRY OF HEALTH AND MINISTRY OF
ENVIRONMENT AND WATER.
The global growth in the uptake of organic and
natural foods is estimated to be in the range of
20-25 per cent annually. Though the Middle East
growth as an emerging market for these products
is yet to be quantified, there is ample evidence
in the rising number of products and organic
farming efforts to prove that the potential is huge.
The Middle East is considered among the fastest
growing markets for natural and organic products,
with the global demand exceeding US$ 220 billion.
The Asian market for the products is estimated
to be over US$500 million and growing at a fast
rate.
In the last few years, the governments in
the region, particularly the UAE, Saudi Arabia
and Oman, have taken various proactive steps
to support the market, including encouraging
organic farming. The Government of UAE is also
encouraging the practice of organic farming
for environment conservation, along with the
International motor show &
trade fair for automotive parts
and accessories, car workshop &
service station equipment.
Lenexpo Exhibition Center,
St. Petersburg, Russia.
28.10.2009 – 01.11.2009
instigation of alternative medicine and treatments.
This year MENOPE is a bigger show with the
merger of Arab Naturals Expo & Conferences,
offering a large regional platform for the organic
industry and to fuel the growth of global organic
movement in collaboration with all the international
community. Internationally, the exhibition is
supported by the International Federation of
Organic and Agricultural Movements (IFOAM),
Korea Health Supplement Association (KHSA) etc.
The expo will showcase a variety of products
spanning Herbals and Spices, Foods & Beverages,
Cereal Products, Supplements, Health Care
products, Natural Living, Natural Cosmetics,
Healing Products, Natural remedies, Traditional
Medicines, Spas, Relaxation facilities, Pet products,
Fabrics etc.
MENOPE is represented in Germany by the
German-Emirati Joint Council for Industry &
Commerce. For more information please contact
Sruthi Sreedharan from our Trade Fair Team on
+971 4 3970 001 or [email protected] n
China’s most important meeting
place for water industry
professionals
Beijing Exhibition Center,
Beijing, China.
18.11.2009 – 20.11.2009
Organized by:
Global Links Dubai L.L.C.
P. O. Box: 34351
Dubai, U. A. E.
T: +971 4 3322 283, 3327 274
F: +971 4 3322 253
E: [email protected]
www.naturalproductme.com
Sruthi Sreedharan | Manager Trade Fairs
German-Emirati Joint Council for
Industry & Commerce
Building, Furnishing, Livin The
exhibition portfolio comprises
interior furnishing – including
kitchens, bathrooms, furniture,
antiques, home accessories and
arts & crafts.
New Munich Trade Fair Centre.
25.11.2009 – 29.11.2009
MENOPE 2009 will bring together
the certified organic & natural
products markets under single
roof to deliver the latest trends
and showcase of new & innovative
products.
Dubai International Convention &
Exhibition Centre, Dubai, U.A.E.
07.12.2009 – 09.12.2009
MAJLIS ISSUE 02
25
Messe Munich
D
RINKTEC 2009 HAS GATHERED
TOGETHER THE TOP DECISIONMAKERS IN THE INTERNATIONAL
BEVERAGE AND LIQUID FOOD
INDUSTRY IN MUNICH AND IN DOING SO
HAS GIVEN THE SECTOR RENEWED IMPETUS. "Virtually all the CEOs and Presidents from
companies around the world turned out here,"
was the unanimous opinion of the exhibitors, all of
them praising the „extremely high“ quality of the
visitors. Intensive talks were held at many stands,
laying the foundations for upcoming investment
decisions; many of the exhibitors reported they had
signed up business agreements at the fair. Even
though the climate as regards investment is still
cautious, drinktec 2009 has marked a turnaround
in decision-making.
Drinktec confirmed its reputation as the world´s
most important business and information platform
for the sector in impressive style. It is the world
‚summit‘ for the beverage and liquid food industry
– in this, too, exhibitors and visitors alike were
agreed. Volker Kronseder, Chairman of Krones AG
and President of the Advisory Board of drinktec
2009, described how he saw the mood in the halls:
"People are no longer paralysed with shock, life is
coming back into the sector.“ It is a view he shares
with many of his colleagues in the sector. Menno
Holterman from Norit also sees light on the horizon
after drinktec 2009. "There´s more appetite for
investment again, so long as the ROI is right. We
The Forum provides the perfect
opportunity to closely examine
emerging Space technologies &
business plans.
Abu Dhabi National Exhibition
Centre, Abu Dhabi, U.A.E.
07.12.2009 – 09.12.2009
26
ISSUE 02 MAJLIS
have signed up a number of contracts.“
Murali Krishna, Business Development Director,
Intergulf LTD, said „We exhibit at Drinktec every
time it takes place and we are never disappointed
at the results, even this year despite the crisis, we
have still been meeting key people in the industry ,
the quality of the visitors are always of the highest
standard".
Frank Hollmann, Regional Director, Beverage
Division, Krones , Middle East and Africa, said
that “there are approximatelty 80 visitors from
the middle eastern region and we are very pleased
with the outcome of the show“
“Quality not quantity”
Wherever you looked in the twelve exhibition halls
at the fair, the general picture was one of interested
professionals from all parts of the globe, seeking
out innovations, finding out about machinery and
plant, and conducting intensive business talks and
negotiations in the exhibitors´ offices and in the VIP
lounges. In all areas of the exhibition the emphasis
was on cost-saving and sustainable solutions. At
the stands it was clear that visitors from outside
Germany were in the majority. "There was a
noticeably high number of visitors from China,
India, Japan and Latin America“ was how Marcus
Ley from Ecolab put it, for example. He summed
up: "Quality not quantity“ – this assessment was
one often expressed by the exhibitors, when
commenting on the quality of the visitors.
International trade fair for
automotive parts, equipment and
service suppliers.
Shanghai New International Expo
Center, Pudong,
Shanghai, China
09.12.2009 – 11.12.2009
Proportion of international visitors rises to 55 Percent
A glance at the visitor numbers confirms the
picture seen in the halls. In terms of international
representation, Drinktec was able to expand still
further, from an already high level. 33,000 trade
visitors journeyed to Munich from abroad; they
came from a total of 170 countries. This again
significantly raised the proportion of international
visitors to 55 percent. There were particularly
strong rises in visitor numbers from China, India,
the US, South Africa, Mexico and the United Arab
Emirates, and from South America and Africa.
In terms of visitors from Germany, however, the
figures reflected the expected fall. Around 27,000
visitors in total came from Germany. Overall, over
the six days of the fair, the trade fair attracted
around 60,000 visitors.
“Melting pot of the beverage industry worldwide”
In terms of the exhibitors´ assessment, the drop
in the number of German exhibitors played only
an insignificant role. The critical factor for them,
as regards the success of their participation in the
fair, was visitor quality and the fact that the visitors
came from all parts of the world – this was the
overriding view of the exhibitors. Jürgen Henke,
Marketing Manager at the GEA Group, summed
up the event as follows: "You can´t measure the
success of a fair on visitor numbers alone. Drinktec
Biggest international trade fair for
home and contract textiles.
Messe Frankfurt Fairgrounds,
Frankfurt, Germany
13.01.2010 – 16.01.2010
Global trade-fair brand for
security products and services.
Dubai International Exhibition
Center,
Dubai, United Arab Emirates
17.01.2010 – 19.01.2010
is the key communication platform for our sector,
it is the melting pot of the beverage industry
worldwide. This is where we all meet up."
Exhibition Management:
“Overall very satisfied“
For Messe München GmbH, the organiser of
Drinktec 2009, Managing Director Norbert
Bargmann, drew the following conclusion:
"Overall we are very satisfied. In the run-up to
Drinktec we, too, had to contend with the global
economic crisis. Nevertheless we have succeeded
in bringing the top ranks of the beverage and
liquid food industry to Munich – and that is the
critical thing for the exhibitors. The high number
of visitors from outside Germany, and the very
broad spread of countries they represent, shows
just how highly regarded Drinktec is around the
world. This is the place to meet up, this is the place
to agree contracts and it is the place to prepare for
new business. The drop we have seen in German
participation is due primarily to budget cuts and the
resulting limitations on business travel. Yet, from
Germany, too, all the key players in the beverage
and liquid food industry were represented, but no
longer with the same size of team.“
Top marks from the visitors
In terms of visitor satisfaction, too, Drinktec
Consumer goods fair for festive
decoration.
Messezentrum Frankfurt,
Frankfurt, Germany.
29.01.2010 – 02.02.2010
was able to make further gains from an already
high level. The representative survey of visitors,
conducted by TNS Infratest, turned in top results
across the board. Almost all the visitors (96 percent)
to drinktec 2009 described the event as "excellent
to good“. 95 percent of the visitors gave this same
top ranking to the breadth and depth of the range
of exhibits. And 91 percent of the exhibitors regard
Drinktec as the leading trade fair for the sector.
High expectations of future economic development
The successful course of drinktec 2009 has
awakened high expectations on the part of
exhibitors and visitors as regards future economic
development. Their optimistic statements are
reflected in the results of the survey. Accordingly,
64 percent of the exhibitors and 56 percent of the
visitors expect the economic situation to improve.
This is considerably more positive than expectations
after drinktec 2005.
Trade forums – a magnet for the
trade audience
The supporting programme to drinktec was
extremely well received by the trade audience. The
two trade-fair forums in Halls B1 and A2 turned
out to be a real magnet. Independent experts
from all over the world gave lectures here on
The world's leading trade fair
for paper, office supplies and
stationery.
Messezentrum Frankfurt,
Frankfurt, Germany.
30.01.2010 – 02.02.2010
International trade fair for
perfumery, toiletries and
cosmetics.
Messezentrum Frankfurt,
Frankfurt, Germany.
30.01.2010 – 02.02.2010
subjects covering the whole process chain, from
manufacture, to filling and packaging of beverages
and liquid food, as well as on issues concerned with
marketing. Further highlights in the supporting
programme were:
l The presentation of the ‚Beverage Innovation
Awards‘, in Oscar-style, at a gala event.
l The two-day fruit-juice congress 'International
Fruit World' (IFW) on the subject of liquid fruit and
fruit processing.
l The PET World Congress, held for the third time,
which tackled all the relevant issues in technology
and marketing.
l The presentation of the first-ever Dairy Technology
Awards, for the successful implementation of
innovative technology.
Drinktec was not all business, work hard and
party hard was the motto of the fair!! Various after
show parties around the stands kept the exbitors
and key visitors well entertained.
The next Drinktec takes place from 16 - 21
September 2013. n
Evani Govender | Manager Trade Fairs
German-Emirati Joint Council for
Industry & Commerce
International trade fair for the
hairdressing and cosmetics
industry.
Messezentrum Frankfurt,
Frankfurt, Germany.
31.01-2010 – 01.02.2010
MAJLIS ISSUE 02
27
Members - Friends of the AHK
COMPANY
RED Int‘l Exibition Mgmt
CONTACT NAME
Manuela Hofmann
CITY
Dubai
INDUSTRY
Messe Mgmt, Messebau
WEBSITE
COMPANY
www.redexdubai.com
EMKA Middle East LLC
CONTACT NAME
V.A. Shaffi
CITY
Dubai
CPD FZ-LLC
Alasdair Howieson
Dubai
Advertising
www.cpd-agency.com
AL Rostamani Pegel LLC
Rolf Weber
Dubai
Habtoor Grand Resort & Spa
Lina Beck
Dubai
Hotellerie
www.habtoorhotels.com
Daman
Michael Bitzer
Abu Dhabi
TMF Services BV (Dubai Br.)
Markus Susilo
Dubai
Acct. Admin.; Outsourcing
www.TMF-GROUP.com
Haverkamp GmbH
Markus Raiser
Abu Dhabi
GMC Clinics
Dr. Charlotte Zoller
Dubai
Health & Medicine
HSBC Bank MiddleEast Ltd
Thomas Lake
Abu Dhabi
MENA Legal Advisors
Alexander Brexendorff
Dubai
Legal
www.mena-legal.com
Prof. Pfeifer u. Pfeifer Cons. Eng.
Ute Pfeifer
Abu Dhabi
IHK zu Koblenz
Sebastian Saule
Koblenz
Economy
www.ihk-koblenz.de
Dornier Cons. GmbH AD Br.
Frank Wolcke
Abu Dhabi
Henkel Adhesives Tech
Ali Zaagoug
Dubai
Chemie
www.henkel.com
Al Amiri Int‘l Agencies LLC
Faisal M. Al Amiri
Sharjah
Schnabel AG
Damion Lock
Dubai
IT/Infrastr./Datacenter Cons.
www.schnabelag.de
Bin Ghasson General Tr. LLC
John v. Schneider-Meck
Dubai
Sekretariat Graf zu Toerring
Hans C. zu Toerring-Jettenbach
Seefeld
www.toerring-seefeld.de
VEKA AG (Branch Office)
Venky Kosaraju
Dubai
VOK DAMS
Thaddaea Stella Mueller-Teut
Dubai
Events/Marketing
www.vokdams.com
3Monkeys Creative Cons. MFZ
Marc Mikulla
Fujairah
Neumann Cons. Int‘l FZ LLC
Hr. Neumann
Dubai
Cons. / Market / HR / IT
www.dubainci.com
Alno Middle East FZCO
Martin Grabarczyk
Dubai
Eurojobs ME
Julian Dietz
Dubai
www.fraunhofer.com
EHL Management Service
Ottmar Schmidt
Dubai
Schwiede Mgmt Consultancy
Ralf Schwiede
Dubai
Project Management
Fraunhofer ME
Dieter Fuchs
Dubai
Research & Develop
Fichte & Co. Legal Cons.
Jasamin Fichte
Dubai
Legal Consultancy
www.fichtelegal.com
Lufthansa German Airline
Joachim Steinbach
Dubai
Unitechnik ICM FZCO
Hans Christian Ettengruber
Dubai
Automation, Material Handling
www.icmdubai.com
ThyssenKrupp AG
Bodo Fries
Dubai
Giesecke&Devrient Holding FZE
Wolfgang Reitzig
Dubai
Printing, Auto. Syst.
www.gi-de.com
SOB Business Dev. GmbH
Dominik Birgelen
Köln
Verotex Gulf
Heike Scholz-Reinhard
Dubai
Light Industry
www.verotex.de
German Business Development
Heiderose F. Moossen
Muscat
Hoermann Middle East FZE
Darins Khanloo
Dubai
Construction/doors,gates
www.hoermann.com
Electrical Contracting Co. LLC
Ahmad Shabir
Dubai
SIS AMEA LLC
Oliver Jordan
Dubai
Security, TV
www.sis.ag
Geodis Wilson UAE LLC
Sascha Geiken
Dubai
Nokia Siemens Network
Jan Cron
Dubai
Telecommunication
www.nokiasiemensnetworks.com
R. Stahl Middle East FZE
Andreas Kaufmann
Dubai
Mitteldeutsche Seiltechnik
Fred Truczynski
Magdeburg
Ind. / Veneer Climbers
www.mds-md.de
KSB Middle East FZE
Erwin Maier
Dubai
ABS
Armin Berghammer
Dubai
Services
www.abs-group.de
Deutsche Bank AG Filiale Dubai
Alexander Schuetz
Dubai
Summertown
Anup Isaac
Dubai
Interior Design & Execution
www.summertown.ae
Siemens LLC
Felix Chrobog
Abu Dhabi
Alliance Business Centers NW
Sherif Kamel
Dubai
Business & Professional Services
www.abcn.ae
init Digital Communication
Joachim Seiler
Abu Dhabi
Wild Flavors MiddleEast FZE
Roland Klein
Dubai
Food and Beverage
www.wild.de
Dussmann Gulf LLC
Christian Lepsien
Abu Dhabi
Trucktec International
Frank Haag
Dubai
Automotive
www.trucktec.ae
LPL Projects + Logistics
Josef Torreiter
Dubai
www.gleisslutz.com
Gleiss Lutz Law Firm
Gerhard Wegen
Stuttgart
Law
Emirates Scientific FZC
Bernd Herrmann
Ras Al Khaimah
Laborhandel
Bayer Middle East FZE
Stephan Rosenthal
Dubai
Pharmaceutical chemicals
Beuster Unternehmensberatung
Andreas Beuster
Braunschweig
Wintershall Middle East GmbH
Gerhard Haase
Abu Dhabi
www.bayer.com
Dula-Werke Dustmann & Co.
Martin Stahl
Dortmund
Beiersdorf FZCO
Robert Taylor-Hughes
Dubai
FMCG
www.nivea-me.com
J. Latka Verlag GmbH
Gabriele Ingwersen
Bonn
Kling Consult GmbH Dubai Br.
Isabel Bergmiller
Dubai
Arch. Design & Civil Eng. Cons.
www.klingconsult.com
Creazzo Emirates
Reinhard Wagner
Dubai
KPM Germany
Basem Siaj
Dubai
www.kpm-online.com
WL Gore & Associates GmbH ME Holger Stolpmann
Abu Dhabi
DPRE Holding Ltd
Alexander Pohle
Dubai
Real Estate and Marketing
www.dpreholdings.com
Obermeyer Middle East GmbH
Christian Obermeyer
Abu Dhabi
MSI Aircraft Mnt Services Intl
Dieter Grau
Dubai
Luftfahrt
www.msiair.com
Invest AD
Nazem F. Al Kudsi
Abu Dhabi
departer FZOO
Norman Sterz
Ras Al Khaimah
HR
www.departer.com
Linde AG
Frank Ruhland
München
RAK Investment Authority
Peter-Michael Schuster
Ras Al Khaimah
Investment Authority
www.rakoffshore.ae
IHK Dresden
Rainer Reissaus
Dresden
Schlueter Graf & Partner
Ulf-Gregor Schulz
Dubai
Legal Consultancy
www.schlueter-graf.com
Quality House Business Services
Mohammad Yasin
Dubai
First Titanium Trading
Ahmad Ali
Dubai
Houseware / Kitchenware
www.firsttitanium.com
Terramar Gulf FZCO
Alexander W. Goos
Dubai
Imtech Deutschland GmbH
Georg Schmid
Dubai
Techn.Gebäude Ausrüster
www.imtech.de
Robert Bosch Middle East FZE
Volker Bischoff
Dubai
28
ISSUE 02 MAJLIS
INDUSTRY
Industrial Locking Systems
WEBSITE
COMPANY
CONTACT NAME
Dubai
INDUSTRY
WEBSITE
Ursula R. Asthon Translations
Guentner AG & Co. KG
Adel Kamel
Sharjah
Kaelte & Klimatechnik
www.guentner.de
National Health Insurance
www.damanhealth.ae
Anders Legal Consultancy
Ines Anders
Dubai
Recht
www.anders.ae
Bau + Security
www.haverkamp.de
Lurgi GmbH
Dieter Grabenbauer
Frankfurt
Grossanlagenbau
www.lurgi.com
Construction
www.polensky.ae
Construction & Civil Eng.
Ursula R. Ashton
CITY
www.emka.ae
Banking
www.hsbc.ae
Rohde & Schwarz Emirates
Alexander Mack
Abu Dhabi
Baubranche
www.pfeifer-tragwerk.de
Polensky & Zoellner WLL
Kurt Johann
Abu Dhabi
Translations
www.rohde-schwarz.com
Cons. Traffic, Environment, Water www.dornier-consulting.com
BHF-Bank Representative Office
Udo Schaeberle
Abu Dhabi
Banking
www.bhf-bank.com
Dept Store & General Trading
Hadler+Partner Legal Cons.
Joern Hadler
Abu Dhabi
Legal Consultancy
www.hadlerpartner.com
Import - Export Agencies
EADS Defence & Security
Franz Peraus
Abu Dhabi
Sicherheit/Verteidigung
www.eads.com
www.louder.ae
Bauindustrie
www.veka.com
Louder FZ LLC
Raymond O‘Hora
Dubai
Event Marketing
Events & Media
www.3monkeys.ae
N.I.C. FZC General Trading
Christina Latoschinski
Dubai
Dienstleistung
Moebel / Kuechenproduktion
www.alno.de
Iranstrick FZE
Sascha Rapp
Sharjah
Textilmaschinen
www.iranstrick.com
HR Consultancy, Head Hunting
www.eurojobs-me.com
Solis Facility Management
Frank F. Haag
Dubai
Facility Management
www.solisfm.com
Healthcare
www.ehl.ae
Bauer Kompressoren ME
Philipp Bayat
Dubai
Branch Office
www.bauer-kompressoren.com
Luftfahrt
www.lufthansa.com
IPIC Ferrostaal Contracting LLC
Stephan Reimelt
Abu Dhabi
Limited Liability Company
www.ipic-ferrostaal.ae
Stahl
www.thyssenkrupp.com
Dorsch Holding GmbH - DC
Michael Kadow
Abu Dhabi
Foreign Branch
www.dorsch.de
Vertriebsberatung
www.sob-group.ch
CCS IT Services GmbH
Manuela Wohlfarth
Dubai
Consulting
www.ccs-it-services.com
Business Development
Thost Project Mgmt ME LLC
Michael Schneider
Abu Dhabi
Project Mgmt / Consultancy
www.thost.de
Contracting/System Integration
Dar Al Estidama
Kai Schlenther
Abu Dhabi
Consultancy
www.dar-al-estidama.com
Logistics
www.geodiswilson.com
Emirates Holdings
Hussain Al Nowais
Abu Dhabi
Diversified Group of Activities
Manufacturing
www.stahl.de
H2O Concepts LLC
Rizkallah Abed
Dubai
Contract Furniture
www.hoconcepts.com
Maschinenbau
www.ksb.com
Gerabic Marketing & General Tr.
Isoli Bassam
Dubai
Renewable Energy
www.gerabic.ae
Banking and Finance
www.deutsche-bank.de
The Atlantis, Palm Jumeirah
Melanie Haack
Dubai
Hospitality
www.atlantisthepalm.com
Electromechanical
www.siemens.com
Dragon Oil Holdings
Abdul Jaleel Al Khalifa
Dubai
Oil & Gas Exploration
www.dragonoil.com
ICT
www.init.ae
Dubai Silicon Oasis Authority
Adnan Juma Al Bahar
Dubai
Government - Free Zone
www.dso.ae
Facility Management Services
www.dussmann.com
Wanders Werner Falasi C.Arch.
Hannes Werner
Dubai
Architectur & Interior Design
www.wwf-architects.com
Shipping & Transport
www.lplogistics.de
Lavaris Lake GmbH
Carsten E. Pachnicke
Hof
Commerce, Chemicals, Services
www.lavaris-lake.com
Unternehmensberatung
www.beuster-beratung.de
Drees & Sommer Gulf FZ LLC
Stephan Degenhart
Dubai
Construction, Consultancy
www.dresco.com
Energy
www.wintershall.com
Central Bank of the U.A.E.
Heidemarie Frisch
Abu Dhabi
Banking
www.cbuae.gov.ae
Ladengestaltung/Innenausbau
www.dula.de
Arab German Intl Brokers LLC
Oliver Brockhagen
Abu Dhabi
Finance Brokers
www.agib.ae
Medien
www.ameft.com
Sheraton AD Hotel & Resort
Thomas van Opstal
Abu Dhabi
Hospitality
www.sheraton.com/abudhabi
Innenausbau/Bodenbelaege
www.creative-ambiente-floor.de
Bilfinger Berger Emirates LLC
Peter Steinhorst
Abu Dhabi
Construction
www.civil.bilfinger.com
Fluoro Polymers
www.gore.com
Fichtner Consulting Engineers
Matthias Schnurrer
Abu Dhabi
Consultant
www.fichtner.de
Construction and Infrastructure
www.opb.de
JAM Systems International LLC
Joern-Alexander Heye
Abu Dhabi
Business IT
www.jam.ae
Investment
www.investad.ae
Classic Metallic Sheet Factory
Shabbir Shaikh
Sharjah
Manufacturing of Fasteners
www.classicmetallic.com
www.salzgitter.ag.de
Gases, Engineering, Gist
www.linde.com
Salzgitter Mannesmann Int‘l
Rainer Terlinden
Dubai
Mfg, Trading Steel Products
Public Corporation
www.dresden.ihk.de
Zivkovic Mgmt Consultants
Peter Zivkovic
Dubai
Consultancy
Business Services
www.qualityhouse.ae
Hussain Lootah & Partners
Hussain Lootah
Dubai
Law Firm
Commercial Vehicles
Automotive, Printing Machines
www.terramar.de
MAN Middle East FZCO
Markus Geyer
Dubai
Automotive Aftermarket
www.bosch.com
Germany Trade & Invest GmbH
Martin Boell
Dubai
www.hlootahlaw.ae
www.man-mn.com
www.gtai.de
MAJLIS ISSUE 02
29
AHK NEWS
AHK NEWS
New German Desk
launched at RAK FTZ
O
N THE 1ST OF OCTOBER 2009 A
GERMAN DESK WAS LAUNCHED IN
THE RAS AL KHAIMAH FREE TRADE
ZONE, AIMING AT A FURTHER INCREASED SUPPORT FOR GERMAN BUSINESSES
IN THE FREE ZONE. DURING THE CEREMONY
HELD IN THE HILTON RAS AL KHAIMAH RESORT AND SPA HIS HIGNESS SHEIKH FAISAL
BIN SAQR AL QASSIMI, CHAIRMAN OF RAK
FTZ AND DR. PETER GÖPFRICH, CEO OF THE
GERMAN - EMIRATI JOINT COUNCIL FOR INDUSTRY AND COMMERCE (AHK) ATTENDED
THE MUCH-AWAITED ANNOUNCEMENT TOGETHER WITH RAK FTZ’S GERMAN CLIENTS.
Managed by a dedicated German speaking
RAK FTZ representative, the German Desk available
at the RAK FTZ Business Park intends to assist all
German partners and companies within the free
zone and will serve as an immediate and quick
source of information and an extended service
centre.
“We highly value the contribution of our
German partners and clients and we will do
everything we can to provide additional support
that will help them open up their branch or grow
bigger within the UAE,” shared H.H. Sheikh Faisal.
With the increasing number of German companies
within the free zone the German Desk is a welcome
addition to the long list of RAK FTZ services. “We
know our customers; we have studied their needs
and requirements; and we have made sure that
our value-added offerings will create an excellent
business environment for German SMEs that will
help them expand internationally and grow their
business further through RAK FTZ” continued H.
H. Sheikh Faisal.
The launch of The German desk is in line with
the aim to build a more extensive network of
RAK FTZ clients. The specialised German Desk will
complement the existing Liaison and Promotion
Office in Cologne, Germany as well as assist in
client relations and providing after sales services to
new and existing clients in RAK FTZ. n
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27-29.10.2009
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27-30.10.2009
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28-31.10.2009
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03-05.11.2009
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03-06.11.2009
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08-11.11.2009
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10-14.11.2009
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17-19.11.2009
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18-21.11.2009
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24-26.11.2009
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28.11 - 06.12.2009
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01-04.12.2009
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13-16.01.2010
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15-17.01.2010
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31.01 - 03.02.2010
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30.01-01.02.2010
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30.01-02.02.2010
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DKM
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SPS / IPC / DRIVERS
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DOMOTEX HANNOVER
BOOT - DUESSELDORF
IMM COLOGNE
IPM ESSEN
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*http://www.tradefairdates.com
MAJLIS ISSUE 02
31
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32
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MAJLIS ISSUE 02
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ISSUE 02 MAJLIS
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37
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38
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40
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MAJLIS ISSUE 02
41
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MAJLIS ISSUE 02
43
2 Oó©dG
GERMAN – GULF BUSINESS
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STAND UP AND TAKE ACTION 2009 - WWW.STANDUP.AE
UAE'S CALL FOR ACTION TO END EXTREME POVERTY AND HUNGER BY 2015
Under the Patronage of HRH Princess Haya Bint Al Hussein, UN Messenger of Peace
and Wife of the Ruler of Dubai, the AHK team stood with millions of people around
the world to remind the leaders about promises they had made to address the most
serious global issues facing the world today. This activist campaign in the UAE is
intended to inspire every man, woman and child about their responsibility to those
less fortunate than them. And UAE joined millions around the world in a collective
voice to bring global attention back to those who have no voice of their own.
á«dƒÄ°ùe AÓNG
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44
ISSUE 02 MAJLIS
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