ordinary annual general assembly
TRANSCRIPT
14th Ordinary Annual General Assembly
7th March 2021
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Agenda
Election of Chairperson of the General Assembly
Address from the Ambassador, H.E. Can Dizdar
Address from the Consul General, Mr. Ilker Kilic
Welcome Address by the President of TBC, Fatma Nilgun Emrem
Activity Report 2020 Member Statistics Membership Directory Highlights from the Events New Initiatives
Review of Financial Status 2020 Audit Report 2021 Budget
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Administrative Board Members
PRESIDENTFatma Nilgun Emrem – Tamimi Consulting DMCC
BOARD MEMBERS1. Ahmet Kayhan - Reidin 2. Arda Atalay - LinkedIn3. Atinc Yilmaz – Howden Insurance Brokers4. Bessam Yildirim - Interlink Business Services 5. Burak Oztuncman - Parla Design6. Burcu Balkan Calikli - Commercial Bank of Dubai7. Emre Ismailoglu - Turkish Airlines8. Emre Yildirim – Integra Business Consultancy9. Ersoy Erkazanci – Bloomberg10. Fatih Urfuoglu – Gulermak Heavy Industries
11. Goktug Seckiner - Dogus Group12. Hakan Ozel - Shangri-La Hotel Dubai13. Idris Demirhan - Orient World14. Kanat Kutluk - Selamlique 15. Kerim Unluyildiz - Old Bazaar General Trading16. Mehmet Can Eronat - Eronat Online Media17. Onur Nazlicicek - Credit Europe Bank18. Timur Ilgaz - Arjaan Dubai Media City and Centro Barsha19. Tolga Sezer - Al Safi Danone20. Yahya Tosun – Dr. Tosun Dental Clinic
Advisory: Tugrul Tellioglu - Hudson Monde General Trading
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TBC Office
Fusun IlkayVolunteer
Burcu TuncaVolunteer
Nadide Gul UmutGeneral Coordinator
Basak Erdem SahinBusiness Development Coordinator
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2019 January – 2021 January
# of TBC Members doubled from 160 to 320 during the last 2 years.
Increase in the number of Corporate members is 53%
0
10
20
30
40
50
60
70
80
90
100
62 62 6569 71 71
7578 79 80
84 8690 92 92 92 89
8581 83
88 8993 93 95
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2019 January – 2021 January
Number of Individual Members tripled since January 2019
0
20
40
60
80
100
120
140
45 45 46 4852 49 52 55 55 55 55
66
77
9397 97 97 95
9197
102 103 103108
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Member Statistics & Targets
2016 – 2020 Annual Analysis of Actual Membership Numbers And 2021&2022 Targets
The total number of members has increased from 167 in 2019 to320 at the 1st month of 2021
The target is to have 426 members by the end of 2021and more than 500 members by the end of 2022
6371
62
90 93
117
141
37 44 45
77
108
192
276
0
50
100
150
200
250
300
2016 2017 2018 2019 2020 2021t 2022t
Corporate Individual
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Delivered to more than 500 locations
Both government and private sector offices andprofessionals in UAE and Turkey
Corporate company contacts, logos and profiles
Individual member contacts
Corporate advertisements and promotions
2021 Directory to be on distribution by April 2021
Membership Directory
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Activities & Events
Monthly Networking Events, Joint Events withOther Business Councils & Seminars
January 2020 – Inter-council Back to Business Networking Event
January 2020 – Arab Health Networking Event
January 2020 – Partnership Event with BNI: Local Global Connect
January 2020 – Partnership Event: Sabanci University Tea Talkswith CEOs
February 2020 – Gulfood Networking Event
February 2020 – Labour Law Seminar
February 2020 – Rock Your Profile Event with LinkedIn
March 2020 – Investment Opportunity in Turkey with PakistanBusiness Council
March 2020 – International Women’s Day Panel
17 physical events and 32 webinars are organized in 2019 & 2020
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Activities & Events
Info sessions to delegations and exhibitorscoming from Turkey in collaboration with theOffice of the Commercial Attaché
January 2020 – Arab Health
February 2020 – Gulfood and DMCC
February 2021 - Gulfood
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Activities & Events
Reception Hosted by the Consul General
January 2020
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Activities & EventsWebinars
3 April – Stress and Anxiety Managementwith Prof. Dr. Isin Baran Kulaksizoglu
6 April – Keeping Leaders Ahead of Covid-19 –in collaboration with AmCham
7 April – Has Coronavirus any effect on your signed contracts?with ADG Law
10 April – Children’s Health during Covid-19with Dr. Gulben Efes
13 April – Will we change, or will we adapt?with Inspark
17 April – Pregnancy during Covid-19with Dr. Ayse Ekin Clemente
20 April – Covid-19 Effects on Trade Relationswith Mr. Hasan Onal – Commercial Attaché
22 April – Surviving a Pandemic with Min. Disruptionwith Adecco
29 April – Taming the Black Swan - Gulfood
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Activities & EventsWebinars
1 May – Teledentistry with Dr. Tosun Dental Clinic
3 May – Covid-19 Related Debt Structuring with Amereller
5 May – Future of Health Sector with Dr. Sarper Tanli
7 May – American and Middle East Councils Meeting with theTrade Minister
10 May – Geem Talks – Doing Business with the UAE
20 May – Financial Look on Business in the New Normal withIntegra Business Consultancy
21 May – Family Law with Al Sharif Law
3 June – Hakan Bahceci Memorial with TGDF
10 June – DMCC Made for Trade Turkey Focus
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Activities & EventsWebinars
12 Jul – GCC E-commerce and Logistics Opportunities
24 Aug – Setting up a Business in the UAE Post-Covid – Jointevent Canadian, French, Spanish BCs
10 Sep – Meet TBC
16 Sep – LinkedIn Rock your Profile
5 October – Export Incentives with Kobidesk
20 October – Tradeling Introduction Webinar
27 October - New DIFC Data Protection Law with Amereller
2 November – Family and Inheritance Law in the UAE with AlSharif Law
11 November – Double Taxation Avoidance with Libra Partners
15 November – HR Committee Meeting on Zoom
25 November – Investment and Trade Opportunities in Turkeyand Kuwait
9 December – Collection of International Debts through LocalCourts with Al Sharif Law
21 December – Employment Benefits with Howden Insurance
23 December – UAE Employment Law, Obligations of theEmployers and Employees
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New Initiatives
TBC Membership Privilege Card
We have 45 partners and growing…
Airlines
Restaurants
Healthcare
Home Appliances
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New InitiativesSectoral Committees
Healthcare Committee, Human Resources Committee andTechnology Platform
Healthcare Committee was the first Sectoral Committee establishedwith approval of Dubai Chamber with 21 Health professionals
Our second committee is Human Resources Committee with 22Turkish HR professionals
Technology Platform is initiated to increase synergy and knowledgesharing between Turkish technology, digital and e-commercecompanies. Current number of participants reached 45.
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New Initiatives
Volunteer Program
More than 60 applications
Development opportunity as well as spendingtime effectively helping the broader Turkishcommunity
New projects can be undertaken by the help ofthe volunteers such as B2Bs and Mentorships
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New Initiatives
Civil Society Aid Platform
TBC, working coherently with the Turkish Consulate General in Dubai and other civil societyplatforms, established the Civil Society Aid Platform to help our citizens in need duringCovid-19.
We thank all the individuals who helped contribute to the fund
We thank Bakkal.ae, Rixos, Maras Turka, Istanbul Flower Restaurant, Harput Restaurant,Sultan Baba Restaurant, Turkish Village Restaurant for providing food and accommodation
128 food packages, 20 dinner deliveries and 24 other types of help (accommodation,medicine, cash aid, etc.) are organized
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New Initiatives
The Multi-Nation Business Continuity Task Force
TBC Joined Multi–Nation Business Continuity (MNBC) TaskForce initiated by AmCham Dubai & AmCham Abu Dhabi withother 23 councils.
The mission of the MNBC Task Force is to expand andimprove awareness of business goals and support thedevelopment of policies that shape a robust tradeenvironment.
The joint task force will serve as the integrated window ofcommunication between its representative multi-nationbusiness community members and the UAE government.
There are 17 sector working groups. TBC corporate membersregistered representatives in the sector relevant committeesand is actively involved in these business groups.
25 nominees for 14 working groups, currently 22representatives from TBC
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New Initiatives
DMCC Cooperation Agreement renewed and moved to a new private office
Monthly Newsletter is renewed with a more professional format
Agreement with Salesforce is concluded and started to work on the new CRM system
Turkish Business Council website is renewed
Online payment gateway agreement concluded, and credit card/apple pay accepted
TBC YouTube channel is live and webinars are made available
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Financial Statements for the Year Ended 31 December 2020
Statement of Income and Expenditure
2020 2019
AED AED
Income 308,440 881,006
Direct cost (8,608) (313,722)
Gross income 299,832 567,284
Administration expenses (230,528) (325,661)
Operating profit for the year 69,304 241,623
Other income 224 105
Bank charges (1,776) (1,491)
Exchange loss (272) (80)
Net Income for the year 67,480 240,157
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Statement of Income and Expenditure
INCOME 2020 2019
AED AED
Corporate membership income 171,452 203,500
Event income 11,018 569,356
Individual membership income 67,250 35,250
Overseas membership 17,515 -
Advertisement Income 41,205 72,900
308,440 881,006
DIRECT EXPENSES
Events 8,608 313,722
8,608 313,722
ADMINISTRATION EXPENSES
Salaries 166,250 206,920
Legal, professional and visa expenses 12,514 13,486
Printing and stationery 4,027 6,227
Rent 3,542 5,000
Advertising and marketing 4,580 50,833
Write-off of impaired receivables - 11,847
Other overhead expenses 39,615 31,348
230,528 325,661
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2021 Budget2021 (budget) 2020 (actual) 2019 (actual)
AED AED AED
INCOME
Corporate Membership Income 256,000 171,452 203,500
Individual Membership Income 132,500 67,250 35,250
Overseas Membership 12,845 17,515 -
Event Income 100,000 11,018 569,356
Advertisement Income 16,800 41,205 72,900
518,145 308,440 881,006
DIRECT EXPENSES
Events 25,000 8,608 313,722
25,000 8,608 313,722
ADMINISTRATION EXPENSES
Salaries 206,500 166,250 206,920
Legal, professional and visa expenses 12,500 12,514 13,486
Printing and stationery 40,000 4,027 6,227
Rent 5,000 3,542 5,000
Advertising and marketing 10,000 4,580 50,833
Write-off of impaired receivables - - 11,847
Other Overhead Expenses 25,000 39,615 31,348
299,000 230,528 325,661
OPERATING PROFIT 194,145 69,304 241,623
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Audit Certification
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2021 Plans & Projections
Effective B2B organizations with Turkish associations and within our own business community
Association of Developing Brands Houseware and Living (GEEM)/ Gebze Organized Industrial Zone B2B with Canadian Business Council in UAE followed with other Business Councils Sectoral B2B meetings (first start-up/techno-parks in Turkey)
Forming an active working group within HR Committee to create a functional and effective platform for the recruitment of Turkish talent (professionals). Bringing together the employers seeking skilled and experienced Turkish professionals with jobseekers.
CV Database under TBC website Career coaching, interviewing skills workshops
Mentorship Programme
The one-to-one mentoring model enables the development of a personalrelationship and provides individual support for the mentee.
It is a fantastic opportunity to benefit from personal knowledge of the UAE’leading entrepreneurs and businesspeople
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New sectoral initiatives:
F&B Sector - Directory dedicated to Turkish Restaurants Finance Sector – Bringing together professionals from Banking and Finance Sector
Creating a functional Corporate Social Responsibility Platform
Internship programme – bringing together successful graduates from Turkey & UAE with the Corporations in UAE for summer internship or for longer terms (this was postponed due to Covid)
DMCC – Turkish Business Council – presentations and topics for Turkish Investors
Webinars will continue to support Turkish Business Community by experts from related fields
Min 2 webinars a month with business and social topics
Golf Tournament / Cycling tour for raising funds for donation in UAE (subject to prevailing restrictions due to Covid)
2021 Plans & Projections
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Together We are Stronger!
Thank you.
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Together We are Stronger!
Thank you.
14th Ordinary Annual General Assembly
7th March 2021