Global Sources (NASDAQ: GSOL), a leading business-to-business media company and a primary facilitator of trade reports that U.A.E (United Arab Emirates) international trade is rapidly changing and businesses in the U.A.E. need to develop new trading partners with the East.
Mr Bill Janeri, General Manager, Global Sources said, “The Middle East is built on trading. It is interwoven with our culture. From pearls, to mineral resources, to all types of consumer goods. Many families in the United Arab Emirates have built financial success based on trading. So where do we turn to in a hard economy? It’s only right to look at our successes. The trouble is, the world of trading has changed dramatically in the past decades. What is needed is traditional Middle East trading, with a modern understanding. In 2010 over 14,000 professionals from the region knew where to find the answer and that answer is not far away.”
Trade from China to the Middle East is growing quickly. In the years between 1999 and 2009 total imports from China to the U.A.E. grew on average a rate of 31.1% (according to a 2010 report from Al Masah Capital Management Limited). In 2010 China’s exports to the U.A.E. were at $23.9 billion and China was this country’s largest trading partner representing 15.03% of all imports. These imports rage from machinery and textiles to mechanical appliances, base metals, plastics, and rubber products. According to The Middle East Exports Opportunities survey conducted in May 2007, 58% of Chinese exporters currently export to the Middle East, 13% for more than the last 20 years. Of the suppliers not yet exporting over 20% plans to start before the end of this year 2010.
Of course re-export is a big business for the U.A.E. The country is the world's third-largest re-export. The U.A.E. must continue to take the leadership position in serving the rest of the MENA (Middle East North Africa) region and helping to facilitate regional economic growth and stability through increased trade.
The China Sourcing Fair (now in fifth year) brings Greater China's competitive manufacturers to Dubai; opening doors for a more productive global trade in the Middle East. Held May 31 - June 2, 2011 at the Dubai International Convention & Exhibition Centre (http://www.chinasourcingfair.com/dubai), the Fair is the largest China-products exhibition in MENA with 8 halls and over 1,300 exhibitors from China, Hong Kong and Taiwan only.
The fair is divided into six key vertical markets:
Electronics: Export-ready suppliers from mainland China, Taiwan and Hong Kong will offer premium and affordable electronics to more global buyers in the Middle East's trading capital. With its rapid growth over the past years, China's electronics industry has made the country the world's electronics manufacturing powerhouse. Explore their latest electronic innovations including consumer electronics, computer & networking, telecom products, electronic accessories and home appliances.
Baby & Children’s Products: The Fair showcases a wide product selection for infants to 14 year olds including garments, bedding, furniture, safety products, care & bath products, feeding product, travel products, footwear, fashion accessories, bags, toys, games & puzzles, masks & costumes, and outdoor play equipment.
Home Products: Leading Chinese suppliers are looking for MENA partners in the areas of kitchenware & tableware, bakeware & cookware, glassware, ceramics & porcelain, household products, storage, laundry & cleaning, bathroom accessories, personal care products, home décor, home textiles, outdoor furniture & decorations, sports & leisure, sports bags & travel goods.
Gifts and Premiums: Discover a multitude of creative gifts & premiums such as general gifts, stationery & paper, seasonal products, trinkets & jewelry boxes, photo frames, electronic premiums, watches & clocks, promotional bags, caps & garments, promotional & travel mugs, and promotional keychains, badges & pins.
Garments & Textiles: Source from competitive suppliers of products including, ready-to-wear garments, outerwear, sweaters & knitwears, bridal wear, eachwear & sleepwear, fashion bags & evening handbags, headwear, scarves & gloves, fashion jewelry, fashion belts, casual & fashion footwear, socks and umbrellas.
Hardware & Building Materials: The Fair presents a wide variety of quality products in the industry including building materials, general hardware, flooring, ceiling, roofing materials, wall cladding & coverings, windows & doors, bathroom & kitchen supplies, plumbing, heating & cooling supplies, tools & accessories, industrial safety & law enforcement equipment, lawn & garden accessories, and lighting & electrical fixtures & fittings.
Mr Janeri, concluded, “We are all ready for this global recession to be over. The China Sourcing Fair brings competitive advantage and real business solutions for business in the United Arab Emirates. Solutions for new business and bright financial future.”
The Space Museum is located on 10 Salisbury Road, Tsimshatsui and was inaugurated in October 1980. It is 8000 square meters and its beautifully crafted dome is a special treat. This planetarium gives great insight of space science and astronomy and is a must see. The East Wing houses offices and is dedicated to Space science. It also has the massive Stanley Space Theater, while the west wing is th...
Education and entertainment, all under one roof is offered by Science Alive, an interactive scientific center visited by adults and children alike. The center teaches science in a fun way by making children play games and learn about the formation of tsunamis, about chemical reactions and by visiting various fun exhibitions. Apart from these in house activities, Science Alive also holds exhibition...
The great thing about Lisbon is that it’s full of the little things that can delight a child: the bumpy rides on the yellow trams to acting out dungeons and dragons at Castelo de Sao Jorge. In fact Lisbon is one of the most family-friendly cities around with free or half-priced tickets, small portions at restaurants and free transport for children under five. The best place to start their adventur...
60,000 m² large area, contains baroque buildings as well as samples of modern architecture. Houses installations from large art museums like the Leopold Museum and the MUMOK (Museum of Modern Art Ludwig Foundation Vienna). It also houses the Tanzquartier, a well-built centre for dance, the Architektur Zentrum Wien and other art-related attractions. ...