E-bulletin (7) December 2024

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The ABCC wishes all its members, friends and partners a very joyful and peaceful holiday season.

We look forward to working with you in the new year.

Please note that our end of year office closure will be from 23 December 2024 to 1 January 2025 inclusive.

Online applications will remain open during this period but for details about submission of documents please consult our website.

ABCC 50th Anniversary GALA DINNER

23 June 2025

The year 2025 sees the Arab British Chamber of Commerce reach its fiftieth year in business.

We will be marking this milestone anniversary with a gala dinner celebration on 23rd June coinciding with our flagship 4th Arab British Economic Summit (ABES2025).

The ABCC is pleased to extend an invitation to all our members, partners and friends to join us for this important celebration.

For the past half century, the ABCC has worked unflinchingly to serve the Arab and British business communities with its essential trade and commercial services.

Our 50th anniversary gala dinner will be a spectacular event to herald our half century. Join with us as we celebrate 50 years of building a stronger, closer Arab British partnership.

We hope that you can be with us as we reach this landmark in the pursuit of “friendship through trade.” The gala dinner will be an ideal opportunity for us all to look to the future with hope and confidence.

3rd Members’ Networking Event 2024

The ABCC welcomed delegates and guests, including diplomats and senior executives, to our latest members’ networking event held at our Mayfair offices on the afternoon of Wednesday 6th November, which was the third such event of the year.

Hosting the proceedings, Mr Abdeslam El-idrissi, ABCC Deputy CEO & Secretary General, began by introducing the core services delivered by the chamber to help businesses achieve success including our exciting programme of business events such as the forthcoming Business Fair Libya.

Delegates heard informative presentations from representatives of ABCC member companies who shared their expertise in a diverse variety of business sectors, including latest developments in global banking and finance, innovative manufacturing that uses recycled materials and inspiring executive development initiatives.

The speakers’ panel started with Platinum Members, Right Brain Thinking International, represented by Mr Mijal Raja, CEO, who was joined by the firm’s Programme Director, Professor Shabnam Delfani, PhD, MSc. They were followed by Mr Tarik Ouahmed, London Branch Chief Manager, Riyad Bank, Mr Doug West, Chief Marketing Officer, Hubl Logistics Ltd and Mr Richard Hutchins, Technical Director, PRG Scotland Ltd.

The presentations concluded with Mr Joseph Firas Chakra, representing UK Export Finance, the British government’s export credit agency, who outlined the financial support available for companies involved in overseas projects.

The presentations led to some lively and stimulating discussions.

The well attended networking event enabled delegates to interact with speakers and explore ways of developing partnerships and future cooperation during the reception and social networking which followed the formal presentations.

Remarkable Success of ABCC’s Business Opportunities in Dubai event

The ABCC was delighted to host an extremely successful Business Opportunities in Dubai event on the afternoon of 12th November in cooperation with Dubai Integrated Economic Zones (DIEZ) and the Embassy of the UAE in London.

The event, held at the Chamber’s Mayfair premises and chaired by Rt Hon Baroness Symons of Vernham Dean, ABCC Chairman, saw a high level of participation from UK executives and potential investors looking to avail themselves of the exceptional opportunities in Dubai’s thriving economy.

Guests and members of the Dubai delegation were greeted and warmly welcomed to the Chamber by Mr Bandar Reda, ABCC Secretary General & CEO, who underlined the chamber’s tireless efforts towards building closer links between the UK and the UAE private sectors.

Those in attendance expressed great interest in the new exciting opportunities opening to investors who were impressed by the range of incentives available, as outlined by the senior speakers from Dubai in their presentations.

Formal presentations were delivered by Mr Mohammad Khalid Al Shirawi, Senior Executive, Dubai Airport Freezone, Mr Abdur Rahim Ghulam Nabi, Chief Advisor, and Mr Abdulrahman Shahin, Senior Vice President, Dubai Commercity.

The representatives from Dubai invited British investors and companies to look to the emirate for doing business and successful expansion of their activities in the region.

ABCC Deputy CEO and Secretary General Mr Abdeslam El-Idrissi expressed enthusiasm for the achievements of Dubai in its economic advances and the real potential it presented for business cooperation with UK businesses.

The ABCC was warmly thanked for its effectiveness in organising and hosting such a highly productive discussion and how at such short notice it had attracted

senior executives and potential investors keen to look to Dubai for their future business success.

Outstanding support services were in place for residents in order to make living and working in Dubai a uniquely fulfilling experience.

Last year, DAFZ contributed 13.5% to Dubai’s total foreign trade as it witnessed remarkable growth across its main trading areas, such as electronics, ICT, freight, aerospace, engineering products, building materials, consumer, medical, food and beverages, among others.

There was a very simple procedure for setting up in the zone which could be completed in three easy steps, it was explained.

Readymade and customised office space and warehouse units were available for

From the left: Mr El-Idrissi, Joe Shingler, Economic Researcher, Embassy of the United Arab Emirates, Mr Abdur Rahim Ghulam Nabi, Rt Hon Baroness Symons, Mr Abdulrahman Shahin, Mr Reda, Mr Mohammad Khalid Al Shirawi and Mr Mansoor Almansoori, Head of Economic Affairs, UAE Embassy.

companies of different sizes from SMEs and larger corporates.

It was mentioned that Dubai Silicon Oasis offered a light industrial zone at the cutting edge of innovation with its advanced tech production facilities making it the home to in excess of 100 leading international corporations. Its clusters of future industries were serving companies in robotics, AI, cybersecurity, emerging technologies and 3D printing.

Delegates were drawn to the Oraseya Capital fund established by the Dubai Integrated Economic Zones Authority (DIEZ) to finance tech startups in the emirate and support the aims of Dubai to bolster the UAE’s growing tech ecosystem.

Dubai Commercity, the Gulf’s first free zone dedicated to facilitating digital commerce, which provides zero customs duties, zero VAT and 100%

repatriation of profits for firms operating out of the free zone.

The extensive services in the zone comprise office space, logistics and leisure clusters, complete with everything that individuals require to succeed in life and in business.

Countless leading global retail and tech brands have already chosen Dubai Commercity as the centre of their regional operations, delegates were told.

Attendees also heard about the potential of the Halal Trade and Marketing Centre (HTMC), which offers a one-stop shop in Dubai for meeting all the needs of manufacturers, suppliers and distributors in the global halal market.

The high-powered event achieved great success in highlighting the exceptional opportunities currently available in a stunning range of sectors within Dubai’s freezones.

Rt Hon Baroness Symons of Vernham Dean
Mr Bandar Reda
Mr Abdeslam El-Idrissi
Mr Abdur Rahim Ghulam Nabi, Chief Advisor, Dubai Airport Free Zone
Mr Mohammad Khalid Al Shirawi, Senior Executive, Marketing & Business Growth, Dubai Airport Free Zone
Mr Abdulrahman Shahin, Senior Vice President, Property Management & Supply Chain, Dubai CommerCity

Hundreds of companies attend

Around 200 delegates from the UK and Libyan business communities gathered in London on 20 November for the Business Fair Libya, which was hailed as a landmark in strengthening UK-Libyan commercial cooperation.

company seeking to invest and do business in Libya.

The event organised by the Arab British Chamber of Commerce in close collaboration with the Libyan Businessmen Council (LBC) witnessed a large delegation from Libya of over 80 business executives seeking to export their goods to the UK and forge partnerships with investors.

The Business Fair followed on from the participation of Libyan businesses in the Arab British Economic Summit in 2023 when a formal partnership agreement was signed between the ABCC and the LBC.

The day-long conference took place at the Thistle Hotel Marble Arch, London, and brought together investors, exporters, business operators and consultants to discuss maximising the opportunities in sectors ranging from energy and renewables, banking and finance, construction, tourism, healthcare and education.

The proceedings were formally opened by the Rt Hon Baroness Symons of Vernham Dean, Chairman of the ABCC and Mr Bandar Reda, CEO & Secretary General, ABCC, alongside representatives from the Libyan Businessmen Council. Baroness Symons and Mr Reda indicated that the ABCC was ready to assist any

Whiba Holding and Bank ABC were key sponsors of the Business Fair whose support was invaluable to its success.

The conference programme consisted of four sessions devoted to different sectors where panels of experts shared their insights into the Libyan business environment and emerging opportunities in energy, banking and finance, infrastructure and tourism, healthcare and education. The sessions were moderated by Mr Peter Millet, Chairman, Libyan British Business Council, Mr Daniel Kawczynski, a former MP and lobbyist, and Mr Alan Rides, CEO, West London Chambers of Commerce.

Alongside the conference, several Libyan companies showcased their products and services at the fair with a view to attracting investors and finding new commercial partnerships with UK counterparts.

The event sent out a clear message to British business that Libya was open for business and was making great strides to rebuild its infrastructure, opening up its economy and establishing the

necessary mechanisms to enable it to become a much more secure place to do business. The Libyan market now offered exceptional and growing opportunities for UK exporters and investors in multiple sectors.

Obstacles to doing business such as continuing though diminishing security issues, access to finance and cumbersome visa processes were unflinchingly addressed by the various speakers who were generally very hopeful that satisfactory solutions would soon be found to ease the various business processes.

Following the evident success of the event and the appetite for doing business, the ABCC indicated that it had plans for future activities to advance bilateral cooperation including organising a large delegation of British firms to visit Libya to explore the many opportunities that were opening up.

In particular, the potential for Libya’s tourism to flourish was highlighted by speakers who described a country that was home to many unique heritage sites, and which possessed an attractive natural landscape that not yet on the international tourism map.

In closing remarks, Mr Abdeslam El-Idrissi, ABCC Deputy CEO & Secretary General, thanked the sponsors and partners who had worked with the ABCC to create an exceptional event that inspired confidence and gave a boost to the renewed potential for UK-Libya cooperation.

He looked forward to the Chamber stepping up its activities to promote bilateral relations in the coming year along with the ABCC’S other activities such as its preparations to host ABES25 in June 2025. Finally, the ABCC

was planning to mark its 50th anniversary in 2025.

In between the formal session programme, the Libyan Businessmen Council delivered its formal thanks to the ABCC for its work by making a presentation to Mr Reda and Mr El-Idrissi.

Delegates left the event energised with optimism about the growing prospects for doing business in and with Libya.

Mr Peter Millett
Mr Reda with members of the Libyan business delegation
Mr Ghassan Atiga, Vice President, Bank ABC
Rt Hon Baroness Symons of Vernham Dean
Mr Abdeslam El-Idrissi
Mr Bandar Reda
Mr Mounir Elgreghni, Business Development Director, Whiba Holding
Mr Reda and Mr El-Idrissi with members of the Libyan delegation
Panel sessions chaired by Mr Daniel Kawczynski

ABCC Hosts Mauritanian Minister for Roundtable with UK Investors

The ABCC was delighted to host His Excellency Minister for Economic Affairs and Finance Sid’Ahmed Ould Bouh and his delegation to the chamber premises on Wednesday 4th December for a roundtable discussion with UK investors on opportunities in the Northwest African country.

The ministerial roundtable witnessed high level participation of senior executives representing various industries, alongside investors, legal experts, officials and diplomats who included ABCC members and the chamber’s wider business network.

The Minister from Mauritania was welcomed to the chamber by Mr Bandar Reda, ABCC Secretary General & CEO and Mr Abdeslam El-Idrissi, ABCC Deputy CEO & Secretary General.

The Minister was joined by His Excellency BA Samba Mamadou, the Mauritanian Ambassador to the UK.

The discussion was chaired by Mr Reda, who introduced the Minister and opened the proceedings in the boardroom of the ABCC.

The Minister thanked the ABCC for its support and for offering an opportunity

to explain the various attractions available in Mauritania today.

Prefacing his remarks, the Minister referred to the proposed agreement between the ABCC and the Mauritanian Chamber of Commerce soon to be concluded and looked forward to the further opportunities that this initiative would open up.

The Minister described Mauritania as possessing one of the most stable economies in the African continent. A strong public financial management framework existed alongside a commitment to rule of law providing strong guarantees for foreign investors, he said.

There was a need for better infrastructure across the country and this offered many opportunities for investors.

It was explained that the country’s laws on public private partnership and on procurement as well as the country’s investment code had all recently been

amended to create a more attractive environment to facilitate investment.

The Minister stated that his government was implementing a new strategic vision in line with international goals on sustainable development and Mauritania was determined to adopt standards of best practice in governance to support private sector activity.

Describing the country’s main sectors, the Minister highlighted mining, fisheries, agriculture among others, where there were innumerable favourable options for investors.

His Excellency informed the audience that he had met with UK ministers to explore cooperation and where he had shared with his British counterparts the huge potential for UK companies in Mauritania’s growing economy.

The Minister stated the country’s keenness to encourage UK business

H E Mr Sid’Ahmed Ould Bouh, Minister for Economic Affairs and Finance, Mauritania, (second left), H E Mr BA Samba Mamadou, Mauritanian Ambassador, (left), Mr Bandar Reda, Ms Aissata Lam, Director General, Promotion of Private Investment in Mauritania, and Mr Abdeslam El-Idrissi.

delegations to visit to explore for themselves the opportunities in different sectors and regions.

In addition to taking steps to boost economic growth, Mauritania was implementing ambitious policies to reduce poverty, social exclusion and improve living standards.

As such, Mauritania was well placed to provide all the support that investors needed to succeed when doing business, the minister stated.

In view of these developments, the Minister invited British companies to take advantage of the emerging opportunities and said that he wanted to see a stronger partnership with the UK.

Further details concerning the country’s investment strategy were outlined by Ms Aissata Lam, Director General for the Promotion of the Private Investment in Mauritania, an agency of the ministry which offered one-stop-shop services to investors.

Mauritania was working more actively to market itself around the world and was keen to provide better access to information that would be useful to

investors, in the form of business news and economic reports.

This was one way of improving the investment climate and mitigating the perceptions of risk, Ms Lam said. She described the investment code as a key tool to facilitate investment and which provided access to all the incentives to companies working in the country.

The agency was closely monitoring feedback from investors about their experience of doing business in Mauritania. The aim was to ensure that working in the country was a smooth as possible for all investors. In addition, an arbitration centre was established in Mauritania to offer legal services to companies working in the country.

Opening up the discussion, Mr Reda stated that Mauritania offered great potential in various sectors, including oil and gas.

Questions from the audience concerned issues such as the ease of obtaining information on Mauritanian companies and how quickly a new business could be formed. In answering Ms Lam said that the digitisation of government business services was moving ahead rapidly.

The number of questions reflected widespread interest in doing business with Mauritania and related to the incentives that were available across different sectors, such as health, agriculture, tourism, fisheries and logistics. Different codes offering incentives applied to specific sectors, the roundtable was told.

It was stressed that the new investment code was creating a more competitive environment to encourage investors. Mauritania had embarked on a drive towards greater diversification of its economy and encouraging new projects and initiatives that would strengthen domestic economic activity.

The Minister stressed the enormous potential of green energy and how the opportunities in the development of green hydrogen were making Mauritania more attractive to investors.

In summing up, Mr Reda drew the discussions to a conclusion by thanking the Minister and his team for participating in what was an important meeting that would help inform UK investors of the many opportunities that were currently available in Mauritania. The event ended with a networking reception.

H E Mr BA Samba Mamadou, Mauritanian Ambassador, greeted by Mr Reda.
H E Mr Sid’Ahmed Ould Bouh, Mauritania’s Minister for Economic Affairs and Finance, speaking at the roundtable.

Oman Business Delegation Visits the Chamber

The ABCC was delighted to host a delegation from the Oman State Audit Institution and the Oman Royal Court at our Mayfair premises on the morning of Thursday 5th December. The Omani delegation headed by Sheikh Shamsa bint Ahmed bin Sultan Al Hosni was visiting London to meet with UK counterparts and share ideas about doing business and best practice.

The members of the delegation were greeted by Mr Bandar Reda, ABCC Secretary General & CEO, Mr Abdeslam El-Idrissi, ABCC Deputy CEO & Secretary General, and Mrs Rita Massoud, Senior Manager, HR Admin & Communications. Their discussions focused on the potential of working together to develop bilateral trade, including the prospects for an Omani business delegation to take part in the Arab British Economic Summit 2025.

Visit from Joint Italian Arab Chamber of Commerce

The ABCC received Joint Italian Arab Chamber of Commerce President Pietro Paolo Rampino at our Mayfair premises on 5 December who took part in a meeting with the Secretary General of the Union of Arab Chambers, Dr Khaled Hanafy, ABCC Secretary General & CEO, Mr Bandar Reda, and Deputy CEO & Secretary General, Mr Abdeslam El-Idrissi. Among the issues discussed were initiatives to be undertaken to support UK and Italian companies in the Arab countries, and the role that the joint chambers of commerce can play in the development of bilateral relations.

ABCC Translation Services

For all your translations from English to Arabic or Arabic to English.

With over 40 years’ experience in technical translation, the Arab-British Chamber of Commerce specialises in Arabic/English and English/Arabic translation and has excellent facilities and top quality translators.

Our translators are officially qualified and trained to handle customer requirements accurately and professionally in both languages. Our experience lies in first class commercial, financial, legal and technical translation of the highest standard.

The Chamber’s translation service is officially recognised by all the Arab embassies in London and by the Foreign, Commonwealth & Development Office (FCDO).

However, we strongly advise clients that the FCDO should authenticate all official documentation translated from Arabic to English if it is to be used in the UK. Translation of official documents from English to Arabic, for use in the Arab world, must be authenticated by both the FCO and the Arab embassy of the country where the document is to be used.

The ABCC translation service covers all types of documents, including:

Birth/marriage/baptism/divorce/death certificates

Certificates of academic qualification

Certificates of Origin

Commercial invoices

Company/personal financial documents

Divorce documents from the Shar’i Mazun or from a court of law

Memorandum & Articles of Association

Passport details.

4th Arab Italian Business Forum

The ABCC’s sister organisation in Italy, the Joint Italian Arab Chamber of Commerce is organising the 4th Arab Italian Business Forum (AIBF), on 28th January 2025 in Rome.

It will be an opportunity for networking and cooperation between Italian companies and Arab countries, and it will focus on key contemporary issues, from the Mattei Plan to the opportunities offered by the Saudi

Arabian market within the framework of Vision 2030.

An invitation is extended to UK companies to attend the event. Free Registration is Open for the Event.

https://docs.google.com/ forms/d/e/1FAIpQLScIIIELP03_ XVLE7ZeH7tvHH67sKenuI1NV1ke_ KEySMhbKYA/viewform

JOIN US AT ABES 2025

A

Message from Our CEO

‘I am delighted to invite you to participate in the Arab-British Chamber of Commerce’s flagship event of the year, the 4th Arab British Economic Summit – ‘Friendship Through Trade’.

This annual summit serves as a crucial platform for discussing emerging bilateral business opportunities including sustainable tourism, e-commerce, franchising, and innovations across all sectors among other topics. Now in its fourth year, ABES hosts a distinguished assembly of government ministers, officials, industry leaders, and visionaries from both the UK and the Arab world who convene to explore and debate the burgeoning opportunities that technological innovations and economic shifts are creating. Our past summits have set precedents for success and innovation and the 4th Arab British Economic Summit will not only continue this tradition but will elevate it to new heights.

With over 1,000 delegates registered and more than 35 speakers hosted during the 2023 summit across all sectors, I invite you to be at the forefront of this technological and economic transformation through joining us at this year’s summit. Your participation will offer your company several benefits, including increased brand exposure through numerous speaking opportunities, extensive media coverage and prominent exhibition booths.

Join us to pave the way for a future marked by enhanced collaboration and mutual prosperity. We are excited about the prospects that the forthcoming ABES2025 will open for enlightening discussions and invaluable networking opportunities.’

Forthcoming Events W i MENA A Sporting Journey

February 13th - 18th 2025, GMT+0 // Jeddah, Saudi Arabia

Leading the way to empowerment

WiMENA (Women in Middle East & North Africa) is dedicated to supporting and promoting women with inclusivity at all levels, across all spheres of interest and employment. WiMENA aims to increase opportunities for women, break down cultural and institutional barriers, and provide platforms for women and girls to thrive at all levels. Our goal is to showcase women’s leadership potential while driving awareness and action towards gender equality.

We are delighted to announce a programme of events in Saudi Arabia in February 2025 supported by the Ministry of Sport, to showcase the incredible and monumental changes that have taken place in the Kingdom under Vision 2030, and the major role women are playing to ensure the Kingdom’s future success.

We believe sport is a key driver in the empowerment of women. In alignment with Vision 2030 and future plans extending to 2050 and beyond, women’s participation in sport, creates the future leaders of tomorrow.

Why attend ?

• Exchange knowledge and skills while networking with your peers, mentors and experts who share your passion for women’s empowerment in the sports sector

• Learn from the experiences of renowned women who have broken barriers in the sporting industry as athletes, coaches, brand managers or agents of change

• Advice and guidance on careers in the sports ecosystem and how to unlock executive roles, spanning media, rights management, clubs and federations, marketing, global sporting events, sponsorship, law, investment, esports, and e-gaming

• Gain insight from experts in technology and how the future of sport is being powered by the advancement of the tech sector

To understand the importance of individual, social and medical determinants of health by empowering females of all ages to maximise their quality of life

Network to build business relationships to benefit commercial opportunities.

1st WiMENA Conference 6th June 2024 - Chelsea Football Club

The 1st WiMENA Women in Sport Conference was hailed as a tremendous success attracting a large audience of top executives, industry experts, investors, sports personalities and athletes alongside diplomats from the UK and Arab World.

Experts in five panel sessions looked at core topics driving the sports sector today such as a women’s inclusion, commercial opportunities, technology in sports and sports tourism.

To find out more visit: https://www.wimena.com/

Qatar-UK 2024|2025 Discovering Business

The ABCC has been pleased to partner with publishers Allurentis on the production of a new guide to doing business with Qatar.

The volume titled, Qatar-UK Discovering Business 2024-2025, offers a comprehensive guide to the opportunities for investment and business engagement across the sectors in Qatar and between Qatar and the UK. The guide is now available to read online.

The volume appears at a time when both countries are eager to deepen their bilateral partnership and are looking forward to the conclusion of a much anticipated UK-GCC free trade agreement, which should give additional boost to the growing trade and investment flows between UK and Qatar.

In a foreword to the book, ABCC Secretary General & CEO, Mr Bandar Reda, says,

“I am pleased to endorse this excellent comprehensive business guide covering the attractions of Qatar and which

follows on from earlier successful editions on the Kingdom of Saudi Arabia and Oman.

“The ABCC believes that this guide to discovering business in Qatar will become an essential source of information for companies searching out the emerging

opportunities in this dynamic Arab market. This volume also complements the work that we undertake as a Chamber to support business.”

The guide can be read online at https://afe64602-4f13-4418-a84eb4f3a59695fe.filesusr.com/ugd/

UK-Libya Trade Latest Updates

Latest data on bilateral trade and investment flows between the UK and Libya as published by the Department for Business & Trade.

Total trade in goods and services (exports plus imports) between the UK and Libya was £2.2 billion in the four quarters to the end of Q2 2024, an increase of 39.1% or £632 million in current prices from the four quarters to the end of Q2 2023.

Of this £2.2 billion:

• Total UK exports to Libya amounted to £252 million in the four quarters to the end of Q2 2024 (a change of less than £1 million in current prices, compared to the four quarters to the end of Q2 2023);

• Total UK imports from Libya amounted to £2.0 billion in the four quarters to the end of Q2 2024 (an increase of 46.3% or £632 million in current prices, compared to the four quarters to the end of Q2 2023).

Libya was the UK’s 64th largest trading partner in the four quarters to the end of Q2 2024 accounting for 0.1% of total UK trade, according to ONS data.

In 2022, the outward stock of foreign direct investment (FDI) from the UK in Libya are not available due to data disclosure.

In 2022, the inward stock of foreign direct investment (FDI) from the UK in Libya was £14 million, 93.1% or £189 million lower than in 2021. In 2022, Libya

accounted for less than 0.1% of the total UK inward FDI stock, data from ONS shows.

Summary trade and investment statistics for Libya

Total trade in goods and services (exports plus imports) between the UK and Libya was £2.2 billion in the four quarters to the end of Q2 2024, an increase of 39.1% or £632 million in current prices from the four quarters to the end of Q2 2023.

In the four quarters to the end of Q2 2024, total UK exports to Libya amounted to £252 million (a change of less than £1 million in current prices, compared to the four quarters to the end of Q2 2023).

Of all UK exports to Libya in the four quarters to the end of Q2 2024, £183 million (72.6%) were goods and £69 million (27.4%) were services. In the four quarters to the end of Q2 2024, UK exports of goods to Libya increased by 8.3% or £14 million in current prices, compared to the four quarters to the end of Q2 2023 while UK exports of services to Libya decreased by 16.9% or £14 million in current prices, compared to the four quarters to the end of Q2 2023.

In the four quarters to the end of Q2 2024, total UK imports from Libya were £2.0 billion (an increase of 46.3% or £632

million in current prices, compared to the four quarters to the end of Q2 2023).

Of all UK imports from Libya in the four quarters to the end of Q2 2024, £2.0 billion (97.9%) were goods and £41 million (2.1%) were services. In the same period, UK imports of goods from Libya increased by 46.6% or £621 million in current prices, compared to the four quarters to the end of Q2 2023 while UK imports of services from Libya increased by 36.7% or £11 million in current prices, compared to the four quarters to the end of Q2 2023.

This means the UK reported a total trade deficit of £1.7 billion with Libya, compared to a trade deficit of £1.1 billion in the four quarters to the end of Q2 2023. In the four quarters to the end of Q2 2024, the UK had a trade in goods deficit of £1.8 billion with Libya, compared to a trade in goods deficit of £1.2 billion in the four quarters to the end of Q2 2023.

Meanwhile, in the four quarters to the end of Q2 2024 the UK reported a trade in services surplus of £28 million with Libya, compared to a trade in services surplus of £53 million in the four quarters to the end of Q2 2023.

Source: Trade & Investment Factsheet Libya, DBT, 1 November 2024.

Pioneering Sustainable Recycling Solutions for the Circular Economy

By Richard Hutchins, Technical Director, PRG Scotland Ltd Sustainability

Based in the UK, PRG Scotland Ltd is a trailblazing startup dedicated to creating sustainable methods for recycling waste tyres, transforming them into valuable commodities for the circular economy. At the core of their innovative approach lies the Continuous Reductive Distillation (CRD) process, which converts waste tyres into steel, oil, and carbon black.

In a significant achievement, PRG Scotland Ltd triumphed in a competitive funding bid from the UK’s National Highways through the Low Carbon Accelerator programme. This initiative supports the development of materials for road construction, with a vision to achieve net zero carbon emissions by 2040. The programme fostered a collaborative environment, linking PRG Scotland Ltd with esteemed partners like Robert Gordon University Aberdeen, Vinci Construction, and Amey UK.

These partnerships have been instrumental in advancing the development of the company’s oil and carbon black products.

The “Creating Bitumen from Waste Tyres” project optimises the CRD process to produce carbon black, which can be used as an additive in bitumen—a key binder in asphalt production. Collaborating with Jean Lefebvre (UK) Ltd, PRG Scotland Ltd has developed sample asphalt that has shown encouraging results in testing.

Furthermore, the CRD process generates both heavy and light oil fractions. The heavy oil serves as a base for bitumen, while the light oil can be used as fuel in

asphalt/bitumen manufacturing, reducing the road construction industry’s reliance on fossil fuels and energy.

Looking ahead, PRG Scotland Ltd is partnering with the University of Nottingham’s Engineering Department, specialising in pavement research, and the Manufacturing Technology Centre in Coventry to further develop their innovative ideas. The company is actively seeking additional investment funding to propel these groundbreaking projects forward.

At an event organised by Catapult Connecting Places in the UK, PRG Scotland Ltd presented their project and connected with Mohamad Kantar, Managing Director of Kantar Advisory Partners Ltd, who is also a member company of the Arab British Chamber of Commerce (ABCC).

Inspired by Mohamad’s visionary approach, PRG Scotland Ltd joined a recent business event held at the ABCC’s Mayfair premises, which generated significant interest due to the large tyre dumps in the UAE, estimated to contain over 40 million tyres. This opportunity

has motivated PRG Scotland Ltd to bring their sustainable solution to a broader audience within the ABCC network.

In another noteworthy recent accomplishment, PRG Scotland Ltd was named a runner-up for the Startup of the Year award at the Highways UK event.

By converting tyre dumps into lowcarbon materials for road construction and fuel for the manufacturing process, PRG Scotland Ltd aims to contribute to environmentally clean developments and significantly reduce tyre waste.

An average car tyre can provide up to 3.5 kg of carbon black, for blending with bitumen, and 3.4 litres of oil—split into heavy and fuel oil fractions. The UAE’s estimated 40 million dumped tyres present a massive resource for road construction materials.

To contact PRG Scotland Ltd and learn more about the company’s innovative solutions, please send an email to richard@prgscotland.com

PRG Scotland Ltd is a member of the ABCC.

Fuelling our future planet with a zero-carbon biofuel

We speak to Paul Beastall, CEO, HutanBio, a member of the ABCC, about the company’s innovative technology and the opportunities in the Arab world.

Please introduce yourself and your company.

I joined HutanBio in 2022 with the mission of commercialising our patented HBx biofuel technology. Having spent my entire career working at the interface of business and technology and being highly motivated by the potential of science and engineering to make a better world- HutanBio presented an incredibly exciting opportunity.

The problem we solve can be summed up as follows.

Long distance transportation has a billion-tonne addiction to fossil fuels. However, decarbonising industries locked into fossil fuels is an enormous challenge. Across aviation, shipping and trucking, assets spend +30 years in operation, move up to 90% of their lives, making it hard to retrofit and adapt to new fuel systems.

Our mission at HutanBio is to decouple long-distance transportation from fossil fuels by deploying biofarms in coastal desert regions. Using purpose built enclosed photobioreactors and leveraging the power of a rare species of microalgae called HBx, we aim to produce a cost-effective, low-carbon biofuel that can be used as a direct replacement for marine gas oil and as a feedstock for sustainable aviation fuel and heavy road transport. When biofarms are co-located near cement or steel works, our nature-based carbon capture process supports algae growth whilst decarbonising these highly polluting industries.

Headquartered in Cambridge, UK, with a research and development capability in Nilai, Malaysia, we are already operating internationally. Malaysia is also home to our pilot site where we are growing algae in agricultural conditions to produce fuel for partner testing.

Our work is complex because it requires both hardware and software development and brings together advanced biology, chemistry and engineering. Our technology platform is designed to replicate what nature has done for 2 billion years but on an industrial scale. Converting sunlight and carbon dioxide into flammable hydrocarbons by leveraging the power of marine microalgae.

conducting the world’s largest marine microalgae bio prospecting program.

Our initial focus is to work with shipping companies and fuel brokers, whilst developing partnerships with existing players in the oil sector to deliver fuel to end-users via existing supply chains. Our business model is to provide the algae, design services and technology to allow customers to build oil farms. Since our algae does not require fresh water, we are targeting coastal deserts as prime deployment locations. These are areas that are not currently used for agriculture, meaning that we will be able to increase the photosynthetic capability of the planet through increasing the area that can be used for growing fuel, avoiding the deforestation and peatland destruction that the current biofuels industry can cause.

The challenge ahead is enormous, but the potential to drive meaningful change through the transportation industry as well as positively impact climate change and address energy equity is significant.

Describe a unique feature or activity of your company that readers should know about.

Our founding team are world-leading scientists who understood that algae – single-cell, fast-growing organisms had huge potential in our battle against climate change. With limited algal strains held in libraries around the world, they believed that the oceans held the secret to more resilient and powerful strains and set about

The research team screened over a trillion samples to find our algal oil producing power horse, HBx. It was a process that took over a decade, underpinned by scientific rigor and succeeded because they devised the appropriate selective pipeline to hunt for the right organism. The result was the discovery of a genome new to science, and one that outperformed all previous algae biofuel attempts. It is uniquely capable of fuel productivity >30x than any previous attempts and 20X greater yield than palm oil – the largest biofuel currently used globally.

Put simply, it was the most robust, efficient, highly metabolic, powerful strain of algae they had ever seen. It thrived in areas of the world with some of the highest levels of solar radiation and in very salty water which meant that it could be grown where nothing else would or could grow. A huge

differentiator because unlike other energy crops, HBx avoids competition with food crops, habitation, does not drive deforestation, destroy peatland or using scarce fresh water supplies.

HBx biofuel is disruptive but without causing disruption.

What inspired you to join the ABCC? How did you find out about us?

We are working with an advisor, Kacem Debar, who is helping us build our footprint in Morocco. Kacem introduced us to the ABCC and the value it delivers to its members.

Would you like to share any comments about working with the ABCC so far or of using its services?

ABCC offers a fascinating opportunity for HutanBio to explore opportunities for our advanced carbon capture and carbon-negative fuel technology with business leaders and stakeholders who are active in the MENA region.

Describe your experience of attending the ABCC’s events.

To date, we have attended a number of events, with Innovate for Sustainability, Energy, Water and Security being the last one. They are always well organised and attract a broad audience.

What is your company’s main pitch to investors?

HBx is the world’s best route to decarbonise long distance transportation. Disruptive but without the disruption.

Designed to seamlessly slot into existing supply chains – We produce a C16-C18 triglyceride comparable with marine gas oil in terms of energy density. It can be stored at atmosphere temperature and pressure and used directly in standard marine engines without modification. This means operational efficiencies can be maintained, existing infrastructure, training and standard operating protocols, on and offshore, remain the same and legacy vehicles can continue to be used for decades to come.

Adds value to unproductive land –HBx grows in regions of the world where nothing else grows which means there is no incentive to drive deforestation, use peatland or displace agriculture. No fresh water is required as the algae have been optimised to thrive in high saline levels.

Engineered to operate at scaleDesigned with modulatory and flexibility to operate at a scale of thousands of square kilometres, our platforms remotely communicate and control the automated growth modules across huge distances, in challenging or inhospitable desert environments. Providing energy security and employment in economically challenged regions.

Increases photosynthetic capacity of the planet - For every tonne of HBx biofuel produced, 1.83 tonnes of CO2 are captured and cycled, thus increasing the photosynthetic capacity of the planet.

Outline your company’s involvement in the Arab world to date.

Our company’s founders all worked together at KAUST in Saudi Arabia before founding HutanBio and, as a company active in the oil and gas sector, the Arab world is critical to our future success. Our conversations have

predominately taken place in Morocco due to its proximity to the UK and also because of the strong relationships and focus on green energy projects between our two countries. We are also building relationships with interested parties in Saudi Arabia, Oman and the United Arab Emirates.

What do you see as key opportunities in these markets for UK companies?

Our company sees the key opportunities as:

• Core footprint and capability in oil and gas;

• Access to finance;

• Vast undeveloped coastal landscapes with the required solar intensity makes it a perfect location for renewable energy and green tech ike our process;

There are opportunities to partner with high emitting industries like cement works to provide a nature-based carbon reducing process.

What does a company need to achieve success in the Arab or MENA region?

We would see these as:

• Cultural understanding and awareness of local business practices;

• The ability to build appropriate relationships with key stakeholders in both government and the private sector; and

• Local knowledge of policy and regulatory framework to help fast track business growth.

What are your company’s future ambitions or plans?

Our next milestone is the deployment of our first commercial site which is likely to be in Morocco. We anticipate starting with a modest single digit deployment site before scaling. With six ideal locations already identified, the ambition is to have several customer sites running by 2027 and at two mega sites in operation by 2030.

You can find out more about the company from its website,

https://hutanbio.com/

ABCC forms partnership with The Business Year group

The ABCC and leading media group, The Business Year, have announced a new partnership with the aim of collaborating on the forthcoming Qatar Investment and Innovation conference, which

will take place on 15 January 2025, and which will explore investment opportunities and foster innovation between the UK, Qatar and the wider GCC countries.

The partnership was formally signed by Mr Abdeslam El-Idrissi, ABCC Deputy CEO & Secretary General and Ms Ioana Popa, Regional Director, The Business Year, at a ceremony held at the ABCC premises on 8th November.

ABCC New Members

The ABCC welcomes its new members and looks forward to working with them in the coming year. Harley Street Practice Limited Recovery Advisers Riyad Bank

Guidance for Business on Recent Legal Changes in Arab Countries

A round up of recent legal updates that are of interest to business from ABCC member, Fragomen.

Mandatory Social Security Contributions Implemented for Employers of Previously Exempt Foreign Nationals

Executive summary

Effective immediately, employers are required to make social security contributions for foreign workers who are covered by their home country’s social security system. Previously, employers were exempt from making social security contributions for such employees, provided they could demonstrate proof of the employee’s home country social security arrangement to the authorities.

A closer look

Effective immediately, employers are required to make social security

contributions for foreign workers who are covered by their home country’s social security system.

The contribution requirements are as follows:

Employees working in oil and gas sector

7% of the monthly salaries (including any allowances)

Employees working in non-oil and gas sector

3% of the monthly salaries (including any allowances)

Previously, employers were exempt from making social security contributions for such employees, provided they could demonstrate proof of the employee’s home country social security arrangement to the authorities.

Impact on nationalization requirements

These changes have no effect on nationalization requirements in Iraq, and local-to-foreign worker ratios remains the same (that is, one foreign employee remains equivalent to one Iraqi national).

Impact

Given this policy change, many employers will need to account for increased social security contribution obligations.

Amendments to Temporary Work and Seasonal Visa Regulations

Executive summary

Saudi Arabia has amended its Temporary Work and Seasonal Visas regulations and, as a result, from early 2025, holders of the Temporary Work Visa and the Temporary Work Visa for

SAUDI ARABIA

Umrah and Hajj Services will be subject to a new allowable duration of stay in the Kingdom. Additionally, stricter penalties for visa infringements have been announced, and the government agencies will be subject to new coordination requirements.

A closer look

According to amended regulations, effective first quarter of 2025, Temporary Work Visa holders will be subject to a shorter maximum duration of stay in Saudi Arabia of up to 90 days, compared to 180 days as currently allowed. However, a onetime extension of stay for an additional 90-day period will be permissible. The new law is silent on whether the visa (which will be valid for one year) will be single- or multiple-entry, although the current law provides for both options.

Additionally, foreign nationals with a Temporary Work Visa for Umrah and Hajj Services (previously known as a Seasonal Work Visa) will be allowed to enter and stay in the Kingdom only within specific dates throughout the pilgrimage season, which are determined by the Islamic calendar. Currently, the maximum allowable duration of stay is set at four months, although entry to the Kingdom was also restricted to the pilgrimage season. Eligibility for this visa category will be limited to nationals of specific countries to ensure geographic diversity (this will be determined by the Ministry of Human Resources and Social Development, or MHRSD).

In addition, the amended regulations provide for close coordination between the MHRSD and other government agencies in the Kingdom, setting specific timeframes for issuing approvals and recommendations by the authorities involved in the visa process.

Finally, immigration rule violators will face stricter penalties for infringements, starting at SAR 5,000 for minor violations and increasing to SAR 50,000. Fines are applied per person, per offense. Currently, the maximum fines are set at SAR 15,000.

Impact

Employers are encouraged to establish robust due diligence and internal governance frameworks in order to reduce the risk of breaching compliance requirements.

UAE

Amnesty Programme Extended for Foreign Nationals in Irregular Status

Executive summary

The Federal Authority for Identity, Citizenship, Customs and Ports Security has extended the UAE visa amnesty program for two months, now set to conclude on December 31, 2024.

Initially scheduled to end on October 31, 2024, the amnesty extension allows foreign nationals in irregular status additional time to regularize their immigration status.

The UAE authorities have also emphasized that businesses must avoid hiring individuals in irregular status, with an inspection campaign underway to target illegal employment and unregulated labour practices. Fines for non-compliance could range from AED 100,000 to AED 1 million.

Impact

Foreign nationals are urged to use this extended period to comply with UAE immigration regulations and to take steps to regularize their status as needed.

UAE New Regulations for Blue Residency Visa for Environmental Leaders and Innovators

Executive summary

The United Arab Emirates has issued new regulations for the Blue Residency visa. This long-term residency visa, valid for 10 years, is designed for individuals with significant contributions in the fields of environment, climate change, and sustainability. The new regulations clarify eligibility criteria and extend benefits for permit holders and their families. It is

unclear whether the application process is currently open.

A closer look

The Blue Residency visa, first introduced in May 2024, offers long-term residency without the need for a local sponsor. Once available, foreign nationals will be able to apply for the visa through the Federal Authority for Identity, Citizenship, Customs and Port Security electronic portal, or via nominations by relevant ministries, including the Ministry of Climate Change and Environment, Ministry of Energy and Infrastructure, and the Office of the United Arab Emirates Special Envoy for Climate Change.

Family members of Blue Residency visa holders, including spouses, children of any age, and parents, will also be eligible to apply, and their visa will remain valid for the duration of the principal holder’s residency. Additionally, Blue Residency visa holders can sponsor a visa for domestic workers based on the sponsor’s financial capacity.

Eligibility conditions

Key criteria for obtaining the Blue Residency visa depend on the category of the visa applicant and include the following:

Distinguished influencers

Individuals with significant contributions to environmental, climate change, sustainability, or renewable energy sectors, such as holding membership in recognized international organizations, receiving prestigious awards, or providing financial support of at least AED 1,000,000 to environmental initiatives.

Scientists and researchers

Applicants must hold a master’s or doctorate from top-ranked global universities or specialized institutions, with proven research impact.

Investors

Those investing at least AED 2,000,000 in projects or companies that advance >>>

environmental, sustainability, or renewable energy goals. The capital must be fully owned and not financed by loans.

Entrepreneurs

Owners or partners in small- to medium-sized enterprises working in sustainability, climate change, or clean energy, with annual revenues of at least AED 1,000,000, or entrepreneurs approved by accredited business incubators in these fields.

Inventors and innovators

Individuals holding patents that contribute to the United Arab Emirates’ environmental and sustainability goals, with approval from the Ministry of Economy or relevant local authorities.

Elite specialists

Senior professionals in public or private environmental institutions in the United Arab Emirates, such as executive directors or specialists with at least a bachelor’s degree, nominated by their employer and recognized for their expertise in climate change, sustainability, or clean energy.

Those currently holding a UAE Golden Visa will be able to apply and convert their status to the Blue Residency by meeting the relevant conditions and paying the required fees. However, the specific differences in benefits between the two categories remain unclear at this time.

To maintain the Blue Residency visa, individuals must demonstrate the ability to support themselves and their families without government assistance and maintain health insurance valid for the United Arab Emirates. The permit can be renewed upon fulfilling these conditions and paying the applicable fees.

Background

The United Arab Emirates introduced its first long-term residency visa – the Golden Visa – in 2019 to attract foreign talent and investments, supporting its Vision 2021 and Vision 2030 initiatives. In 2022, the Green Visa was announced

to allow foreign nationals who are skilled professionals, freelancers, investors, and entrepreneurs to live and work in the United Arab Emirates for five years.

The Blue Residency Visa, meanwhile, aims to attract exceptional individuals dedicated to the fields of environment, climate change and sustainability, and it reinforces the United Arab Emirates’ commitment to a greener future, aligning with 2024 as the Year of Sustainability.

UAE Launch of a New National Economic Registry Platform

Executive summary

The UAE Ministry of Economy has introduced a new national economic registry platform called ‘Growth’, the largest unified database of enterprise and business licenses across the seven emirates. This innovative platform aims to streamline procedures and requirements for establishing businesses and conducting economic activities through a single national portal, improving government service provision.

A closer look

The new National Economic Registry, called the – ‘Growth’ platform, offers access to data on over 2,000 economic activities, allowing investors and entrepreneurs to inquire about business licenses and investment opportunities.

The platform will be continually updated with commercial license data, ensuring accuracy and adherence to international standards. With 1.5 million active and cancelled licenses currently featured, the platform is positioned to support sustainable growth in strategic sectors and there are plans to expand the platform by linking it with 100 federal and local entities, increasing the number of services offered to 500 over the next two years.

Additional details on the services currently offered can be found here: https://www.growth.gov.ae/G2C/Home or send an email to Fragomen Corporate Services Division at corporateservices. uae@fragomen.com

QATAR

Update on Private Sector Nationalization

Executive summary

Qatar has approved the latest law on private sector nationalization, set to take effect on March 1, 2025.

A

closer look

Under the law, the Ministry of Labor will develop a Qatarization plan which will:

establish a mechanism for classifying those companies that will be subject to Qatarization;

establish policies for training, hiring and onboarding Qatari nationals; and set implementation controls as the implementation date approaches.

Additionally, the law – set to take effect on March 1, 2025 – will introduce sanctions for non-compliance, including various monetary fines.

Impact

Strict penalties for non-compliance show Qatar’s commitment to promoting local employment and workforce development. By imposing these penalties, the law incentivises companies to adhere to regulations, ensuring that they actively prioritize hiring and development of local talent.

Background

This latest law is an expansion on a draft approved in September 2024, with the aim of nationalizing private sector jobs. This initiative aligns with Qatar’s objective of achieving over 20% national workforce representation in the private sector by 2030.

Contact

For these issues and many more, please refer to Fragomen for further advice.

https://www.fragomen.com/

Fragomen is a Platinum member of the ABCC.

Oxford International Study Centre

March 30th to April 26th 2025

One, two, three or four weeks Easter revision at OISC

OISC has offered Easter revision for many years.

“I was absolutely thrilled with the report for Evdokia. It was a real educational treat. In all 25 years of my work with British education I haven’t received such a thorough analysis of the subject the difficulties the student has.

It will be interesting to watch her progress.

Thank you for finding great tutors for all our students.”

Izabella L, Student advisor, Russia

ABCC member, Oxford International Study Centre (OISC) is a well-established international school situated in the very centre of Oxford, between Christ Church and the Town Hall.

The school has many years’ experience in arranging bespoke holiday revision courses for students from the UK and overseas, both in school subjects and in English as a Foreign Language.

A level, IB and GCSE revision

Every year OISC has helped students realise their true potential by offering small group and individual tuition in over 30 different subjects for AS/ALevel, (I)GCSE, and IB, and a range of other examination OISC is accredited by the Independent Schools Inspectorate (“exceeds expectations” in all areas), and is an accredited member of the Council of British International Schools (COBIS), the European Association for International Education(EAIE) and the European Collaborative for International Schools(ECIS) .

The programme and what to expect

The OISC Easter courses include:

• Small group (maximum 6 students) or one-to-one tuition, providing an intensive level of personal attention not often found in the classroom setting, and enabling material to be covered at a student’s individual pace. Please see the fees section of this document for the various options.

• An opportunity to go over material which the student has previously been found difficult, or where there have been gaps in syllabus coverage;

• Assignments and tests, with effective feedback, allowing a student to see exactly where marks are being dropped, and how best to avoid these deductions.

• Comprehensive reports at the end of the programme, to allow students to continue making good progress with independent study.

OISC include these features as standard, and supports students working towards any of the following exams:

A– Level and (I)GCSE, with all syllabuses and subjects offered

IB at HL and SL, (including ToK and Extended Essay support if required)

English Language Exams, including IELTS, TOEFL and Cambridge, as well as general support in EFL for non-native speakers taking other academic subjects

German Abitur. A separate leaflet is available on request .

University Entrance, including Oxford and Cambridge. Advice is offered on UCAS applications, interviews, and personal statement drafting, if required.

A sample timetable each week can be found at these links:

Combined Programme : https://docs.google.com/document/ d/1q5o8m-VjzC58pvNKVhqh9wN0_cadXa_/edit

Academic Subjects Pathway (ALevel,IB,GCSE): https://docs.google.com/ document/d/1QKfazzDKjI5qdVPqYATLPGNPvGOGZes/edit

Accommodation is in single or shared rooms with half board. Students either stay with Host Families or within a comfortable student Residence just 5-10 minutes’ walk from OISC.

The Residence is only available from 6th to 20th April (2 weeks) but for longer stays students may stay in host families before or after those dates.

RECOVERY ADVISERS

International commercial recoveries

Recovery Advisers is a specialist provider of international commercial debt recoveries and trade advisory services.

The company writes,

We work with exporters, credit insurers, trade financiers and Export Credit Agencies (ECAs) to secure payment of export sales contracts, either at the transaction origination stage - through our ExpoFin trade advisory services - or via amicable and judicial recoveries in the event of a default.

With a network of offices across the Middle East, Africa, Asia Pacific and Europe, our regional teams are able to combine expertise in international commercial law, trade and export finance with on the ground presence and understanding of local laws, regulations and cultural norms.

Since being established in 2009, Recovery Advisers has grown organically and built an enviable reputation for client service and a successful track record of delivering commercial debt recoveries.

OUR SERVICES:

ExpoFin - Trade Advisory Services

We help our clients reduce risk and uncertainty when trading with overseas buyers.

We can assist from the transaction outset, undertaking due diligence and KYC requirements by collecting and verifying information on buyers and borrowers to ensure its integrity and reliability.

Commercial agreements can be reviewed or drafted to ensure contracts are secure and comply with local laws

and regulations, and that transaction structures are enforceable.

For financed medium and long-term transactions, we can assist with collateral and loan management operations to monitor the status, continuity and enforceability of collateral and borrower performance.

International Commercial Debt Recovery and Dispute Resolution

Should a buyer or borrower default on their payment obligations, our team can assist with both amicable and judicial recovery of the outstanding debt.

As a first step, we can investigate the reason for non-payment and ascertain whether the transaction has been completed. Accessing accurate information can be a constant challenge for exporters, insurers and financiers and we can assist with this to enable fact-based decisions to be made.

For mediated and amicable recoveries, our regional presence and proficiency in the norms and cultures of the local market means that we can effectively negotiate on the exporters’ behalf whilst preserving business relationships.

If an amicable settlement cannot be reached, judicial recoveries via arbitration/litigation can be undertaken by our team of qualified lawyers, ensuring the exporter or creditor can enforce their rights and reach a successful resolution in the most cost efficient and timely manner.

HOW DO WE MAKE A DIFFERENCE?

Fixed and clear fees

For commercial recoveries, we align our interests with the exporter or creditor and share the risks and rewards by working on a success fee model - no retainers or hourly billing, just a success fee charged as a percentage of the recovered amounts.

For ExpoFin trade advisory services, we work on a pre-defined fixed-fee basis starting at just £500 for buyer verification – so again, no retainers, hourly rates of unexpected costs.

Responsiveness

We pride ourselves on being client oriented and responsive, providing the first recoveries report and detailed recovery strategy within 5 working days and 2 weeks respectively, and verifying buyer information within 5 working days.

Local presence and expertise

In the countries covered through our network of wholly owned local offices, we provide on the ground presence and understanding of the importance of cultural sensitivity and speaking the local language.

Contact and more information

To learn more about the Recovery Advisers team, services, market coverage and success stories, please visit www.recoveryadvisers.com or email us at info@recoveryadvisers.com.

Available Now

Deftly weaving real life stories of some of the most colourful figures from the time of World War II Paris with an ingenious art thriller plot that brings the narrative up to the high octane auction houses of today. In the Frame is a page-turning adventure that is at once historically fascinating and dramatically compelling. What were the links between Hermann Göring and Coco Chanel? What became of the Nazi’s hidden art plunders once they had been defeated? And what dark secrets must a new generation confront to get to the ingenious truth behind the iconic artworks we see in our galleries today? This passionate celebration of art history’s intrigues, conjured from fact and fiction, is an adventure to delight and entertain.

To secure a copy of the book, contact the author by email at:

Available from Nomad Publishing https://nomad-publishing.com/in-the-frame.html#

For more information visit www.lorraineamrani.com

This report is published with the permission of the British Chambers of Commerce.

We Are A Creative DIGITAL Agency

At Waltons Digital Media, we blend creativity with technology to elevate your brand online. Our comprehensive services include tailored digital marketing strategies, visually stunning web design and development, engaging content creation, and impactful graphic design. We focus on delivering solutions that drive engagement, enhance visibility, and ensure your brand stands out in a crowded digital landscape. With a commitment to quality and innovation, we partner with you every step of the way to bring your vision to life and achieve lasting success in the digital world. Let’s create something extraordinary together, turning your ideas into powerful digital experiences that resonate with your audience and leave a lasting impact.

Content Marketing

At Walton’s Digital Media, we create content that grabs attention and builds lasting connections with your audience.

Marketing Consultancy

At Walton’s Digital Media, we offer expert Marketing Consultancy services to provide strategic direction and hands-on guidance.

Digital Marketing

At Walton’s Digital Media we craft powerful, results-driven digital and marketing strategies tailored to your business.

Public Relations (PR)

Walton’s Digital Media offers expert Communication and PR services, from crafting compelling messages to managing crises effectively.

Graphic Design & Branding

At Walton’s Digital Media, we specialise in Graphic Design & Branding services that enhance and strengthen your brand.

Website Design & Development

At Walton’s Digital Media, we design custom, mobile-responsive websites that are visually stunning on any device.

Your guaranteed road

Surrounding the uncertainty of Brexit, the Arab-British Certificate of Origin remains the certain method to trade with the Arab world. There will be no changes to the certificate, and the ABCC’s services will suffer no interruption irrespective of Brexit’s outcome.

The Arab-British Certificate of Origin remains the only certain, secure and reliable means of export documentation for companies trading with the Arab world. There have been no changes to the certificate, and, likewise, the ABCC’s range of trade services remain entirely unaltered in the post-Brexit trading environment.

We at the ABCC remain available to support your exporting and wider business needs.

We at the ABCC remain available to support your exporting and wider business needs. www.abcc.org.uk

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