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PERSONAL ASSISTANT<br />

central Asia Business Forum<br />

24 March, Hanover Chamber<br />

of Commerce<br />

The on-going commodity boom in the<br />

republics of Central Asia is pouring<br />

billions into the state coffers of these<br />

developing countries. The Hanover<br />

Chamber of Commerce aims to steer<br />

intrepid German entrepreneurs safely<br />

through the corruption minefield.<br />

A delegation is also planning a trip to<br />

Kazakhstan and Uzbekistan in June<br />

2011.<br />

www.hannover.ihk.de<br />

8th lower Saxony Foreign Trade<br />

Forum with Turkey as the special<br />

guest<br />

5 April, Hanover Fair, Nord/LB Forum<br />

After huge criticism in the past few<br />

months by Turkish business associations<br />

outraged at the German visa policy,<br />

the leader of Lower Saxony, David<br />

McAllister, is more than likely to strike a<br />

conciliatory note in Hanover. The Türk-<br />

Alman Business Center project will also<br />

be launched at the fair. The centre is designed<br />

to encourage Turkish companies<br />

to choose the northern German state<br />

as the exclusive location of their German<br />

branch offices.<br />

www.nglobal.de<br />

34 BusinessReport 1/2011<br />

DAG delegation to the Gulf<br />

7 to 13 April<br />

»The times are long gone when Gulf<br />

business heavyweights saw Europe<br />

through English eyes only«, writes Harald<br />

M. Bock, General Secretary of the<br />

German-Arab Association (DAG) in his<br />

invitation to German businesses to join<br />

the delegation. The trip will include Qatar<br />

and the UAE. One of the key issues<br />

for the group will be education exports.<br />

For, contrary to popular misconceptions<br />

about the children of oil sheikhs,<br />

young Emiratis now have to stand on<br />

their own two feet in the labour market.<br />

www.d-a-g.org<br />

International building show,<br />

Turkeybuild in Istanbul 2011<br />

27 April to 1 May in Istanbul<br />

With more than 800 exhibitors and over<br />

100,000 visitors, Turkeybuild is the leading<br />

construction trade fair in the region.<br />

One Austrian company is attempting to<br />

tap into the market, not by landing major<br />

14th German-Arab Business Forum<br />

11 to 13 May, Ritz Carlton in Berlin<br />

As always, the annual get-together of<br />

the German-Arab Chamber of Industry<br />

and Commerce Ghorfa will be a magnet<br />

for hundreds of high-ranking representatives<br />

of the German-Arab business<br />

world. This year Lebanon has been<br />

selected as the Partner Country<br />

– which is not a bad decision, given<br />

the rapid growth of the Beirut property<br />

industry. But, a word to the wise – analysts<br />

are already warning of a speculation<br />

bubble. Will the boom last until the<br />

15th forum?<br />

www.ghorfa.de<br />

Numov – First Near and<br />

Middle East Ports conference<br />

15 June in Hamburg<br />

In actual fact, the Near and Middle<br />

East Association (Numov) turned its<br />

back on the City of Hamburg long ago<br />

– and, so say informed sources, not<br />

much importance is attached to Hanseatic<br />

customs these days, either. But<br />

Numov plans to use the occasion of<br />

the international »Ports Conference«,<br />

to report on the latest port projects in<br />

the Near East. Weatherproof clothing<br />

recommended.<br />

www.numov.org<br />

SToP PRESS<br />

The taste of success<br />

Exciting times for the largest pan-Arab television station<br />

– while Western media regret having progressively<br />

pruned their network of foreign correspondents<br />

over the past few years, the satellite broadcaster Al<br />

Jazeera from Qatar has 24/7 access to local experts.<br />

Many journalists had no choice during the protests in<br />

North Africa but to turn on the live stream of the Al<br />

Jazeera English-language programme. <strong>Download</strong>s<br />

via the online stream have increased since the start of<br />

the demonstrations by more than 2,500 percent. Particularly<br />

in the USA, there appears to be a huge demand<br />

for such news– almost 60 percent of its viewers<br />

came from the land of Uncle Sam.<br />

picture: Al nassma<br />

in our upcoming issue<br />

Camelicious<br />

Security first<br />

government contracts but through its<br />

German and Austrian chocola-<br />

DIY stores. The bauMax building supply<br />

te expertise and fine, slightly<br />

Billion-dollar deals with danger chain will be opening six branches there<br />

salty camel milk are the secret<br />

by 2012 – although, according to CEO<br />

Martin Essel, the Turkish DIY tradition<br />

to the success of Al nassma. The<br />

leaves a lot to be desired.<br />

Dubai company has recently started selling its chocola-<br />

AGENDA<br />

www.yapifuari.com.tr<br />

te camel milk in Japan and the USA too. The company<br />

has been selling its products in selected stores all over<br />

the Emirates region for two years now. So far, European<br />

gourmets can only get these pralines, chocolate camels<br />

and blocks of chocolate in »Date« or spicy »Arab« flavour<br />

by placing a special order. Such treats naturally<br />

come at a price: a block of milk chocolate costs the equivalent<br />

of EUR 5 and a camel caravan in an elegant wooden<br />

slipcase around EUR 32.<br />

How to park a billion?<br />

Analysts are warning of an oil price shock, and<br />

governments on the Gulf are watching the protests in<br />

their neighbourhood with growing unease. Business<br />

people tend to prefer peace as a rule too, but the dictator<br />

domino effect is not worrying everyone – especially<br />

not the property sector in the UAE. While Europe<br />

is busy freezing the accounts of the Ben Alis and<br />

Mubaraks, the Emirates remains an attractive place<br />

to park capital. »The exiled elite will simply take their<br />

money to Dubai and buy property with it there,« say<br />

insiders. Apparently it will do the sector good after<br />

the hammering it took from the financial crisis.<br />

While the authorities are supposed to check the origins<br />

of large sums of money, in practice, »almost<br />

anything goes«.<br />

picture: Nicolas Salcido/US Army

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