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AACCI New South Wales presents Austrade MENA Connections Seminar 2017

Australia Arab Chamber of Commerce and Industry

For the fifth year, Austrade MENA in conjunction with the Department of Foreign Affairs & Trade (DFAT), State Governments, and the Australia Arab Chamber of Commerce & Industry (AACCI) is bringing together a seminar program to provide insights on the Middle East, North Africa, and Turkey (MENA) region, which is focusing on economic transformation and diversification for its continued sustenance and growth.

The Gulf Cooperation Council (GCC) nations and Morocco remain stable and continue to be important export markets for Australia. Iran, Turkey, and Egypt provide enormous potential for Australian firms, particularly in the food and agriculture sector. Other economies, especially ones that have access to solid reserves of mineral resources, and are able to undertake development programs are being monitored for emerging opportunities.

Transformation in the region is being driven by embracing international partnerships and new technologies to deliver innovation in both the public and private sectors. Some of these will draw on Australia’s capabilities in mining, business and professional services, as well as financial services and health.

Transregional themes, such as food, mining and education, are becoming more evident as is the role that Dubai plays as a hub for Australian firms, for both logistics and for regional promotions and exhibitions.

The forthcoming seminars will focus on the above trends, current business scenario, future market potential, and more. The seminar program will entail presentations by:

– Australian Ambassadors to the MENA region:

  • Dr Ralph King – Australian Ambassador to Saudi Arabia, Bahrain, Oman and Yemen
  • Ms Berenice Owen-Jones – Australian Ambassador to Morocco
  • Mr Ian Biggs – Australian Ambassador to Iran

– Austrade Trade Commissioners to the MENA:

  • Mr Gerard Seeber – Senior Trade Commissioner MENA, Consul General Dubai
  • Mr Mark Morley – Senior Trade Commissioner: Saudi Arabia, Oman, Bahrain, Egypt
  • Ms Anna Fedeles – Deputy Consul General and Trade Commissioner: Dubai

– State Government Representatives and Corporate Partners.

The presentations will be followed by a panel discussion and Q&A session. The formal part of the event will be followed by business networking over refreshments. There will be an opportunity to network with the Australian Ambassadors and Trade Commissioners who can help you identify the trade and investment prospects for your company in the MENA region.

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The value of M&A transactions from MENA into Australia totalled $50 Billion AUD!

Top Inbound M&A Transactions FY2017 – MENA TO AUS

Key inbound and outbound investment activities between Australia and the MENA region.

Key inbound and outbound M&A and investment activities between Australia and the Middle East and North Africa (MENA) region. In 2017 alone, the value of M&A transactions from MENA into Australia totalled A$50 billion, with Sovereign Wealth Funds driving high value investment into infrastructure, real estate and agribusiness projects.

Top three inbound M&A transactions were worth A$11.8 billion, A$578 million and A$350 million covering energy and resources, agriculture and mining sectors respectively. With over 350 Australian companies based in MENA, there are also many outbound opportunities, with three key Australian exports to the MENA region currently being in the automotive, agriculture and mining/metals sector. For further highlights of Australia’s top industry exports, and MENA’s top inbound transactions covering FY2014-2017.

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