Capital Link Services
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News and Events
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AACCI and Noozz Media
The alliance to give Australian companies access to commercial intelligence in the Arab markets, to raise their visibility in the Arab region, and provide strategies for winning new business in the Arab markets
The Australia Arab Chamber of Commerce and Industry and Noozz Media Group of London have joined together to provide AACCI members and the broader Australian business community a suite of services at designed to help companies:
- raise their business visibility in the Arab countries
- access the best online business news, analysis and intelligence on the Middle East and North Africa region highlighting opportunities and risks
- identify business opportunities
- identify risks
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Faculty of Law and Management - School of Economics and Finance
 The current global financial crisis together with the growing demand for shariah compliant products and services calls for an active response from industry as well as academia. Taking a step in this direction, we are pleased to announce a special symposium supporting the theme of ‘Islamic Banking and Finance and the Current Global Financial Crisis’.
This is a joint effort across industry-academia to discuss issues related to Islamic banking and finance including performance of Islamic banks and financial institutions in the current financial crisis. This symposium will also explore opportunities and challenges in the area of Islamic banking and finance, particularly in Australia.
The high profile line up of confirmed international and local speakers include: |
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The Chairman of the Western Australian Chapter, and Director of AACCI, Edmund Damouni, addressed a major conference in Bunbury WA on 2 April designed to expose local businesses in the South West corner of WA to opportunities in international markets. Mr Damouni focused on the opportunities that exist in the Middle East for Australian companies, and highlighted the benefits that membership of AACCI can provide to Australian companies.
Mr Damouni used a slide presentation to show the growth of Australians doing business in the Middle East. Drawing from his extensive knowledge of Middle Eastern Markets and his recent experience of leading a Western Australian trade mission to Saudi Arabai and the UAE, he covered the diversity of opportunites in two-way trade, and discussed the opportunites that are available in the Middle East. |
Mr Edmund Damouni Chairman of AACCI WA Chapter
addressing the "Engaging Global Industries conference
2009" on Thursday 2nd April 2009 in Bunbury. |
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Pictured above from left to right are delegates
Mark Antonio from DMD Shelving, Rory Hendricks from
Razr Agencies and Pankaj Pathak from Phoenix Academy.
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AACCI's reputation as a leader of Australian business in the Middle East has been underlined at a function in Perth that provided an assessment and de-brief on the successful WA based trade mission to the Arab Gulf led by AACCI in November last year. The mission reinforced Australia's reputation as a global trade and investment partner and opened the door to a number of significant opportunities for those Western Australian companies participating.
According to the latest data from Gulf Projects Tracker MEED projects, the total value of projects planned or under way in the GCC in September 2008 was about US2.17 Trillion, a 44% increase from September 2007.
Returned delegates took part in a cocktail function held on the 4th March to share with other AACCI (WA chapter) members the excellent opportunities that are available to build networks and
business contacts in the Middle East. Tapping into new export markets, and promoting WA as a desirable place to invest and do business will not only help insulate the economy from any significant global downturn
but assist to cement West Australia's role as a major global and national economic force and form long lasting trade links that will place the state in good stead for the future.
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AACCI member (Vic) Fiona Hill of Almanar Consultancy, advises that the Australian businesswomen's mission to KSA is re-scheduled for October 2009. The mission is being coordinated by Fiona Hill and the Council of Saudi Chambers of Commerce. All expressions of interest are welcome, with participation to be confirmed by 15 May 2009.
Interested members and their associates should contact Fiona directly:
This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
T +613–56787757 M +61(0)401081677
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AACCI member Concritech has entered into commitments with authorities in Iraq to participate in a number of large industrial and infrastructure projects in that country, including projects in Samawa, Baghdad, Najaf and Samarra. In Samawa, the main city in Al Muthanna province, Concritech will build and operate a world class high capacity cement plant and other major manufacturing facilities. Concritech aims to make a substantial contribution to local socio-economic standards, and the stability and prosperity of Al Muthanna province.
On 11 March Pentad Group and Concritech held a briefing seminar in Sydney on their work in Iraq. Further details can be obtained from Concritech on 02 9238 6601.
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Pictured at the briefing are Group General Manager, Mohamed Hammoud (left) and James Harb, a Director of AACCI |
Limited numbers of the AACCI desk calendar for 2010 are now available.
The new AACCI 2010 Calendars also contain details of all main Islamic holidays and are now available for purchase from the AACCI national office.
Price is only AUD $10.00 (including GST and postage within Australia).
Please contact the AACCI National Office to place your order.
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AACCI has recently expanded its export and commercial documentation certifying services with new locations in North Sydney and Port Adelaide. Members and non-members can access AACCI services for documentation relating to commercial transactions with any of the 22 nations of the Arab League at the locations listed below.
AACCI also provides electronic certification services. Please turn to our electronic certification services page which can be accessed by clicking on the relevant item on the left hand menu.
Fees
Fees for AACCI's documentation services are among the lowest in Australia. For manual certification AACCI charges members $26.50 per set of documents and non-members $46.50 per set.
From 4 January 2010 a surcharge of $10 will apply for document sets exceeding 25 pages.
Photocopying of documents, where this is required, attracts a fee of $5 per set.
A postage and handling fee of $6 per set of documents is payable where documents are to be returned by mail and no pre-paid return envelope has been provided.
AACCI members requiring AACCI's certification services on account will be charged a monthly $5 accounting fee. There is no account service for non-members (except where AACCI's electronic certification services are used).
For electronic documentation AACCI charges members $27 to certify a certificate of origin and $42 for non-members. Ozdocs International's Securecerts system, which provides an additional layer of security for electronic processing will attract an additional $2 surcharge. |
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A new book launched at a glittering dinner in Sydney on 31 October 2008 highlights the depth of the economic relationship between Australia and the United Arab Emirates.
Published by Focus, the book offers a contemporary and detailed examination of the extent and character of the commercial relationship between the two countries and points to the opportunities for further development that lie ahead. It will provide an important platform for Australian companies to promote themselves and their product in the UAE, and for UAE companies to do the same in Australia.
The UAE is a highly important commercial hub in the Arab world and one of Australia’s most important trading partners in the region. There are now more than 300 Australian-owned companies operating in the UAE.
The book was officially launched by HE Dr Saeed al-Shamsi, Ambassador of the UAE to Australia. The National Chairman of the Australia Arab Chamber of Commerce and Industry (AACCI), Ray Najar, attended the event. AACCI is pleased to have been able to support this important project and congratulates the publisher Focus on the high quality product that has resulted.
The UAE based launch of the publication will take place on 30 November 2008. Australia’s Ambassador Mr Jeremy Bruer will officially launch the book.
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| The Book Launch |
AACCI National Chairman Ray Najar (left) with HE Dr Saeed al-Shamsi, Ambassador of the UAE |
Ray Najar, with HE Dr Saeed al-Shamsi and Ms Samira Baqatada of the UAE Embassy, Canberra
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The Queensland Chapter of the AACCI recently conducted its Annual General Meeting at Byblos Restaurant at Portside in Brisbane. The first photo depicts the Queensland Chairman, Mr Mike Farrar, presenting his Annual Report to the attendees.
The second photo features the Chapter's guest speaker, Mr Mark Baker, National Manager, International Trade Finance-Suncorp Ltd. Mr Baker spoke of his five years banking experience in the Middle East, particularly in Saudi Arabia, and provided a detail account of the structure of the Saudi financial system, the problems business can encounter in this market, and the value of developing key relationships with senior Government and private sector influencers.
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A new book launched at a glittering dinner in Sydney on 31 October 2008 highlights the depth of the economic relationship between Australia and the United Arab Emirates.
Published by Focus, the book offers a contemporary and detailed examination of the extent and character of the commercial relationship between the two countries and points to the opportunities for further development that lie ahead. It will provide an important platform for Australian companies to promote themselves and their product in the UAE, and for UAE companies to do the same in Australia.
The UAE is a highly important commercial hub in the Arab world and one of Australia’s most important trading partners in the region. There are now more than 300 Australian-owned companies operating in the UAE.
The book was officially launched by HE Dr Saeed al-Shamsi, Ambassador of the UAE to Australia. The National Chairman of the Australia Arab Chamber of Commerce and Industry (AACCI), Ray Najar, attended the event. AACCI is pleased to have been able to support this important project and congratulates the publisher Focus on the high quality product that has resulted.
The UAE based launch of the publication will take place on 30 November 2008. Australia’s Ambassador Mr Jeremy Bruer will officially launch the book.
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| The Book Launch |
AACCI National Chairman Ray Najar (left) with HE Dr Saeed al-Shamsi, Ambassador of the UAE |
Ray Najar, with HE Dr Saeed al-Shamsi and Ms Samira Baqatada of the UAE Embassy, Canberra
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Pictured above from left to right are delegates
Mark Antonio from DMD Shelving, Rory Hendricks from
Razr Agencies and Pankaj Pathak from Phoenix Academy.
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AACCI's reputation as a leader of Australian business in the Middle East has been underlined at a function in Perth that provided an assessment and de-brief on the successful WA based trade mission to the Arab Gulf led by AACCI in November last year. The mission reinforced Australia's reputation as a global trade and investment partner and opened the door to a number of significant opportunities for those Western Australian companies participating.
According to the latest data from Gulf Projects Tracker MEED projects, the total value of projects planned or under way in the GCC in September 2008 was about US2.17 Trillion, a 44% increase from September 2007.
Returned delegates took part in a cocktail function held on the 4th March to share with other AACCI (WA chapter) members the excellent opportunities that are available to build networks and
business contacts in the Middle East. Tapping into new export markets, and promoting WA as a desirable place to invest and do business will not only help insulate the economy from any significant global downturn
but assist to cement West Australia's role as a major global and national economic force and form long lasting trade links that will place the state in good stead for the future.
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Pictured, Chairman of the Australia Arab Chamber of Commerce
and Industry, Mr Ray Najar (left), with the Ambassador of the
Republic of Iraq and Dean of the Council of Arab Ambassadors in Canberra, HE Mr Ghanim Al-Shibly
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Members of the Board of Directors of AACCI met in Canberra on 4 and 5 February 2009 in a meeting designed as an introduction to the Chamber for the newly appointed Directors (Hon Kim Chance, MLC, Peter Deacon and James Harb). Discussion focused on current and future challenges of the Chamber and on ways in which the Chamber can continue to offer its members a package of services that is relevant to members’ needs, and serves their interests effectively.
Reports were received from the WA Chapter Chair, Mr Edmund Damouni, on the recent AACCI-led WA Trade Mission to the UAE, Saudi Arabia and Qatar; National Chairman Ray Najar and AACCI CEO Robert Newton on their attendance at meetings in Beirut in January of the General Union of Arab Chambers of Commerce, Industry and Agriculture, and on their visits to Syria, the UAE, Saudi Arabia and Iraq.
On the afternoon of 4 February the Board of AACCI met with the Council of Arab Ambassadors to discuss matters of mutual interest.
The two-hour meeting served to facilitate a frank discussion in which was discussed a number of practical proposals for future cooperation between the Chamber and the Arab Ambassadors in Canberra. |
| The meeting took place in a highly constructive atmosphere. The Chairman of AACCI, Ray Najar, remarked that he hoped this would be the first of a regular series of consultative meetings with the Arab Ambassadors. |
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Pictured from left to right, Sponsor of the breakfast briefing Torsten Ketelsen (GMA Garnet Group), Donna Massie
(WA Chapter Vice Chair, Clough), Dr Kenneth Chern, Consul General of the United States of America, Edmund Damouni (WA Chair and AACCI Board member, Antry).
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Pictured from left to right, Douglas Joyce (Body Wise), Geoff Puttick (Pre-Paid Legal), Dr Kenneth Chern, Consul
General of the United States of America, Donna Massie (WA Chapter Vice Chair, Clough), Edmund Damouni (WA Chair and AACCI Board member, Antry) John Yeudall (Capricorn Consulting). |
The WA chapter held a breakfast briefing function on the 27th August 2008 at the Hyatt Recency Perth. Dr Kenneth Chern gave a very interesting brief on the "Challenges of Globalization". The event was sponsored by AACCI board member Torsten Ketelsen (GMA Garnet Group).
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Winner of the Sheikh Zayed International Endurance Camel Race, John Richardson, with his mount, Tyson
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As part of the Arid Lands Festival, held each year in Hughenden, Queensland, renowned outback and camel aficionado Paddy McHugh and his associates organized this year’s highly successful Sheikh Zayed International Camel Endurance Race over 22 and 23 August 2008. Winner of the race was John Richardson on his camel Tyson. John (pictured right) collected his trophy and a .jpg) $50,000 prize purse at the end of the event.
The 150 km race provided a great opportunity to showcase some of the most beautiful outback scenery Australia has to offer (see photographs right). Named in honour of the founder of the United Arab Emirates, Sheikh Zayed bin Sultan Al Nahyan, the race is yet another reflection of the growing depth of Australia’s links with the Arab world, highlighting in particular the experiences Australians and Arabs have in common in residing in some of the most arid places on earth. |
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