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Successful Cooperation Partnership with Korean Companies October 31, 2007

Successful Cooperation Partnership with Korean Companies October 31, 2007 Abu Dhabi, United Arab Emirates Presented by: Eng. Mirghani .A.A.Hadi Managing Director. Business Environment. Abu Dhabi Economic Outlines. NBB Group. Investors Issues. NBB Group & Korean Companies.

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Successful Cooperation Partnership with Korean Companies October 31, 2007

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  1. Successful Cooperation Partnership with Korean Companies October 31, 2007 Abu Dhabi, United Arab Emirates Presented by: Eng. Mirghani .A.A.Hadi Managing Director

  2. Business Environment Abu Dhabi Economic Outlines NBB Group Investors Issues NBB Group & Korean Companies • The NBB Group is an Abu Dhabi based private group of companies which is founded and established by Naser Butti Omeir Youssef since 1999 and engaged in diverse fields of operations and businesses. • Our subsidiaries were established to address the growing business needs of Abu Dhabi. This covers a wide range of industries such as: • Securities & Commodities • IT & Software Solutions • Integration & Consultancy • Media & Advertising • Hospital Technologies • Security & Surveillance Systems • Development & Construction.

  3. Business Environment Abu Dhabi Economic Outlines NBB Group Investors Issues NBB Group & Korean Companies • Why Choose Abu Dhabi as your • Business Base? • Flexible Economic Policies • Less Government Intervention in Business • High Investment Payback • Sophisticated Infrastructure • Excellent Public Utilities • Major Oil Producer • No Taxes

  4. AbuDhabi Business Environment Abu Dhabi Economic Outlines The Right Business Destination Choice NBB Group Investors Issues NBB Group & Korean Companies Options Of Setting Business in Abu Dhabi: • Branch Office of Foreign Company • Representative Office • Wholly-owned Professional Firm • Limited Liability Company

  5. AbuDhabi Business Environment Abu Dhabi Economic Outlines The Right Business Destination Choice NBB Group Investors Issues NBB Group & Korean Companies Economic Policy • Partnership with the Private Sector • Privatization • New Cities / Business Centers / Resorts • Competitive Rules & Regulations • Education, Research and Development • Competitive Stock Market • Public Shareholding Companies

  6. AbuDhabi Business Environment Abu Dhabi Economic Outlines The Right Business Destination Choice NBB Group Investors Issues NBB Group & Korean Companies Investment Policies • Diversification • Capital- Intensive Industries • Transfer of Technology

  7. AbuDhabi Business Environment Abu Dhabi Economic Outlines The Right Business Destination Choice NBB Group Investors Issues NBB Group & Korean Companies Investment Pull Factors • Incentives • Location • Infrastructure

  8. AbuDhabi Business Environment Abu Dhabi Economic Outlines The Right Business Destination Choice NBB Group Investors Issues NBB Group & Korean Companies Investment Incentives: • Freedom of Activity, Repatriation & Movement • of Capital and Earnings • Absence of Taxes • Low Customs’ Duties • Low Land Rents • Nominal Water and Electricity Charges

  9. AbuDhabi Business Environment Abu Dhabi Economic Outlines The Right Business Destination Choice NBB Group Investors Issues NBB Group & Korean Companies Infrastructure: • Modern Airport • Efficient Road Network • Excellent Public Utilities • Modern Telecommunications • World Class Seaports

  10. Business Environment Abu Dhabi Economic Outlines NBB Group Investors Issues NBB Group & Korean Companies • NBB Group always looks to the Global Business Community for business partners and associates • NBB Group Policy: Bring the BEST Know how to the UAE • Search • Identify • Study • Communicate • Evaluate • Sign Up • Joint Venture Abu Dhabi, UAE Best Corporate Practices in the World Selection Process Partnership

  11. Business Environment Abu Dhabi Economic Outlines NBB Group Investors Issues NBB Group & Korean Companies NBB Group wants to bring INNOVATION to the UAE of WORLD CLASS QUALITY from different sources • World Class Technology • Superb Work Ethics; the Korean “Can Do” Attitude • Specializes in industries where NBB Group has interest such as Fiber Optics Technology and Construction and the UAE can learn A LOT from the Korean Experience Why KOREA?

  12. Business Environment Abu Dhabi Economic Outlines Business Partnership Talks with NBB Group Investors Issues NBB Group & Korean Companies Coordination with KOTRA made sourcing more convenient for NBB Group and.. KOTRA acted as a conduit to the UAE for Korean companies who desire to work in the UAE market. Start of Joint Venture Negotiations with UAE Partner Screening and Coordination with Facilitating Agency Sourcing of Quality Korean Companies via KOTRA

  13. Business Environment Abu Dhabi Economic Outlines NBB Group Investors Issues NBB Group & Korean Companies • Joint Venture Requirements • Contract of Establishment • MOA • Submission of Requirements • Registration and Licensing Signing of MOU for Joint Venture Signing of COE and Registration Proper Establishment of Joint Venture Company

  14. Business Environment Abu Dhabi Economic Outlines iVISION Middle East Integrated Solutions LLC is a partnership with Korea’s iVISION, a leading manufacturer optical products and systems. The company will serve the UAE and the rest of the MENA region in sales and system design & integration. NBB Group Investors Issues NBB Group & Korean Companies

  15. Business Environment Abu Dhabi Economic Outlines Cominet Middle East LLC is in partnership with Cominet Corporation of Korea, a leading manufacturer of security and surveillance products such as Intelligent Transportation System (ITS), Freeway Traffic Management System (FTMS), Intelligent Building System (IBS) and CCTV System for Seaport, Airports, and Railroads & Subways since 1994. The company will not only provide these products in the UAE and the rest of the MENA, but also the latest Digital Video/Audio/Data Fiber Optic Transmission Products it is manufacturing. NBB Group Investors Issues NBB Group & Korean Companies

  16. Business Environment Abu Dhabi Economic Outlines Bando Engineering & Construction Founded in 1980 as a housing construction company , Bando engineering has grew into one of korean’s general contractors excelling in housing civil works and architecture . Bando decided to partnership with NBB Group and establish NB MENA (Recent). NBB Group Investors Issues NBB Group & Korean Companies

  17. Business Environment Abu Dhabi Economic Outlines NBB Group Investors Issues NBB Group & Korean Companies NBB Group’s experience so far proves the following: • Korean Companies are GOOD ALTERNATIVES as business partners, comparable quality to the USA, Japan and EU. • KOTRA’s presence makes the whole process of selection easier. • NBB Group hopes to emulate the GOOD QUALITIES of Korean Business Practices with its partnership with them.

  18. Business Environment Abu Dhabi Economic Outlines NBB Group Investors Issues NBB Group & Korean Companies Thanks For Your Valuable Time

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