deutsche bank exhibits works from corporate collection for the first time in the middle east at the dubai international financial centre

Published November 22nd, 2008 - 12:27 GMT

In a first for Deutsche Bank, rare pieces from its extensive art collection are to be publicly exhibited in the Middle East.

The exhibition, “Bauhaus. Works from the Deutsche Bank Collection”, hosted by the Dubai International Financial Centre (DIFC) and under the Patronage off His Excellency Dr. Omar Bin Sulaiman, Governor of the Dubai International Financial Centre (DIFC) and Managing Director of the Dubai Culture and Arts Authority will be opened by Dr. Josef Ackermann, Chairman of the Management Board and the Group Executive Committee of Deutsche Bank on November 23rd.  The exhibition will close on December 4th.

HE Dr. Omar Bin Sulaiman said “As an organisation that believes strongly in the role of art in our community, DIFC is always keen to support events that showcase works belonging to the great art movements in history. DIFC is happy to partner with Deutsche Bank to host this unique exhibition that brings the works of the Bauhaus masters to the wider public in the region.”

Dr. Josef Ackermann said: “This exhibition is a single manifestation of our extensive CSR engagement in the world of art and a glimpse into a vast collection that spans over 53,000 works. It is also a concrete manifestation of our aim to make the Deutsche Bank art collection accessible to a wider audience and thus to foster creativity, which is the prerequisite for innovation, growth, and prosperity.”

The selection of 55 paper works, on view in Dubai, is dedicated to the Bauhaus school as one of the most influential artistic movements of the early 20th century. As a new form of an art academy, it was established between 1919 and 1933 in Germany. Following a completely new perception of beauty based on simplicity and functionality, this movement lead to a new form of non-figurative art. Almost all famous teachers of the Bauhaus school are included in the exhibition: Max Bill, Lyonel Feininger, Wassily Kandinsky, Paul Klee, Laszlo Moholy-Nagy, Oskar Schlemmer and, as representatives of the students’ generation, Josef Albers and Fritz Winter. The importance of prints as a medium in this context is reflected especially well in the pieces chosen for this exhibition and references the focus of the Deutsche Bank Collection - works on paper.

Nearly 30 years ago, Deutsche Bank began to acquire the works of young artists. Today, the Bank’s collection, which also includes selected works of Classical Modernism, is one of the most important corporate collections in the world. The works are on display in the Bank’s buildings and staff offices around the globe. Additionally, the Bank presents them worldwide at its own exhibitions and loans them to museums.

An exhibition catalogue (Arabic/English) picturing all exhibits of the show is being issued with a foreword by Dr. Josef Ackermann, Chairman of the Management Board and the Group Executive Committee of Deutsche Bank, His Excellency Dr. Omar Bin Sulaiman, Governor of the DIFC, and essays by Dr. Omar Akbar, Director of the Foundation Bauhaus Dessau, Mishaal Al Gergawi, Dubai Culture & Arts Authority, and Friedhelm Hütte, Curator of the exhibition and Global Head of Deutsche Bank Art.

Revealed: the big boys in UAE construction
The Big 5 construction trade show opens today; unveils the Big 5 owners, contractors, managers, financiers and architects
The top five owners, contractors, managers, financiers and architects involved in $800 billion of construction projects in the United Arab Emirates have been revealed by the organisers of The Big 5, the biggest trade fair for the construction industry in the Arabian Gulf, which opens today (Sunday 23 November 2008).
"The Big 5 of the Big 5" tables released today show companies from the UAE, Belgium, the Netherlands, the United States, the United Kingdom, India and Australia among the top ranked in terms of the value of projects with which they are associated.

The tables are based on analysis of the active construction  projects currently underway in the UAE across the oil and gas, petrochemical, civil construction and, power, water and industrial sectors and contained within the database of Proleads, the research partner of The Big 5. (For full details, please see accompanying tables).

Exhibition space at The Big 5 - one of the world’s largest shows for the construction industry and associated suppliers – has been completely sold out with the five-day event taking up the entire space of the Dubai International Exhibition and Convention Centre. A total of 53 countries will be represented at The Big 5 and there will be more than 3,000 exhibiting companies. The organisers are expecting more than 50,000 visitors.

"As the region's biggest event for the building and construction industry we are delighted to unveil the biggest companies across the most crucial areas of project development," said Bernard Walsh, Managing Director of The Big 5 organisers dmg world media Dubai.

"It is important to say that the $800 billion of projects in this survey are all currently under construction," he added. "Despite caution over future projects, it emphasises yet again that the huge projects underway in the UAE are increasingly at levels unmatched in other parts of the world as the economic slowdown affects markets worldwide."
Proleads is currently tracking in excess of 5,200 individual projects worth in excess of $4 trillion across the Middle East and is the mostly widely referenced database of its kind in the region. The database lists more than 980 projects under some level of construction across all industries in the UAE with a total value in excess of $800 billion.

In the tables, Dubai's Nakheel tops The Big Project Owners; a Belgian dredging company is the number one Principal Contractor; US companies led by Hill International dominate The Big 5 Project Managers; Abu Dhabi Commercial Bank is the leader in terms of Project Financiers; and an Australian firm tops The Big 5 of Project Architects with a development in the tiny emirate of Umm Al Quwain.

Though the analysis covers all industries, civil construction developments continue to dominate projects currently underway topped by Jumeirah Gardens ($95 billion), Dubailand ($54 billion), Palm Deira ($40 billion), Yas Island ($38 billion), and White Bay Umm Al Quwain ($29 billion).

Alongside The Big 5 exhibition will be The Big 5 PMV - The Middle East's premier construction plant, machinery and vehicles at the same venue. Exhibitor numbers have increased by 70% at this year’s Big 5 PMV, 85% of which are international companies. The Big 5 PMV will feature an outdoor arena showcasing outsized equipment over an area of 40,000 square metres.

For more information about The Big 5 including the latest list of exhibitors, please visit:


About The Big 5 and the exhibition organisers

The Big 5 is organised by dmg world media Dubai Ltd., part of the dmg world media group of companies and is an acknowledged leader in the region’s exhibitions industry since 1999. dmg’s portfolio includes some of the largest exhibitions in the Middle East.

All seven dedicated product sectors in The Big 5 are substantial events in their own right and cover:  Building and Construction; Water Technology and Environment; Air Conditioning and Refrigeration; Cleaning and Maintenance; Glass and Metal; Bathrooms and Ceramics; Marble and Stone. In addition, The Big 5 PMV - the specialist show for plant, heavy machinery and large vehicles will be co-located with The Big 5.

About the Big 5 PMV
The Big 5 PMV  will take place at Dubai International Exhibition Centre from 23-27 November 2008. Organised by Streamline Marketing Group in conjunction with dmg world media, the event runs alongside The Big 5

The Big 5 PMV has the support of key international organisations including the French Foreign Trade Council, the Builders’ Association of India and the UK’s Construction Products Association.

For more information about Big 5 PMV, please contact Project Manager Samantha Kane-Macdonald, Tel: +97 4 332 9029 or



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