The Frankfurt Book Fair sets a standard that local publishers hope to see in the Middle East.
The Frankfurt Book Fair sets a standard that local publishers hope to see in the Middle East.
The Frankfurt Book Fair sets a standard that local publishers hope to see in the Middle East.
The Frankfurt Book Fair sets a standard that local publishers hope to see in the Middle East.

Arab booksellers hampered by weak distribution


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As a third-generation book seller and publisher in Baghdad, Ibrahim al Rajab grew up surrounded by books, but nothing prepared him for his first visit to the Frankfurt Book Fair in 2003. "It's a shock for many Germans as well but it's particularly a shock for Arabs to see how big the industry of books is, and how decent," Mr al Rajab said. "It has its own magic and its own glory, and I feel pity that we in the Arab world don't have such ethical manners and such strategies to market our books, to get them sold and to pay the author what he definitely deserves for his work." Mr al Rajab said his company, Al Muthanna Library, almost set a national record for royalties when it paid an Iraqi author US$300 (Dh1,101) for writing a book about the history of Baghdad's neighbourhoods, which was published in 2004. Today, 500 of the 1,000 copies printed remain stacked in the company's bookstore. "My goal is to pay the Iraqi author what he deserves, but I can't pay him if I'm not getting paid from selling these books," Mr al Rajab said. His desire for the kind of mature market he witnessed in Frankfurt brought he and his brother, the company's art director Malik al Rajab, to Abu Dhabi this week to attend a week-long publishers' workshop. It was organised by Kitab, which is a joint venture between the Abu Dhabi Authority for Culture and Heritage (ADACH) and the Frankfurt Book Fair, along with the Academy for the German Book Trade and the Goethe-Institut Gulf Region. The al Rajab brothers were among 18 publishers from eight Arab countries attending the session, most of whom expressed similar frustrations about the state of publishing in the Arab world. "The philosophy of publishing in the Arab world needs a drastic change," said Dr Lateefa al Najar, of Dar Al Aalam Al Arabi, a UAE publishing house that focuses on children's and educational books. "They need to understand that it is a trade." The instructor for the first session was Michael Freter, the chief executive of PSI Promotional Product Service Institute - Reed Exhibitions, who believed he could help the publishers with tips on marketing and sales strategies, but only up to a point. "In the West, we use a lot of distribution channels and a lot of marketing activities, which today in Arab countries are not so easy because there is no distribution system," Mr Freter said. "The Arab publisher normally is a printer, a publisher and is doing distribution as well, and that is not easy. The most important issue that they have here, in my feeling, is the distribution, the connection between the publisher and the buyer." Jumaa al Qubaisi, the director of the Abu Dhabi International Book Fair, agreed that distribution was the main challenge facing the industry. "It's a real obstacle," Mr al Qubaisi said. "Now any books published in North Africa we usually don't see except at book fairs. Access to books from all over the world is easier than to books from other Arab countries." For the past year, Kitab has been working on creating a distribution system for the region, a process that included software to keep track of Arabic books in print. The next stage is a research project to identify the status of various Arabic publishers, said Monika Krauss, the general manager of Kitab. Because few Arabic publishers use International Standard Book Numbers, or ISBN, data about the market have been hard to come by. "We have to do a lot of research in the market; very profound and very professional research," Ms Krauss said. "We have so many countries that are not connected to each other, so we will have to travel a lot and speak to a lot of publishers. Once we have this information, then we can continue working on the distribution system." Mr al Qubaisi said he hoped a system of some kind would be ready in time for next spring's book fair. In the meantime, publishers such as Mr al Rajab are concentrating on rofessionalising the industry through their own businesses. "There are no publishers in Iraq who are only publishers," he said. "They are always publishers and book sellers. My goal is to start a publishing industry as a separate department of our company." khagey@thenational.ae

David Haye record

Total fights: 32
Wins: 28
Wins by KO: 26
Losses: 4

Winners

Best Men's Player of the Year: Kylian Mbappe (PSG)

Maradona Award for Best Goal Scorer of the Year: Robert Lewandowski (Bayern Munich)

TikTok Fans’ Player of the Year: Robert Lewandowski

Top Goal Scorer of All Time: Cristiano Ronaldo (Manchester United)

Best Women's Player of the Year: Alexia Putellas (Barcelona)

Best Men's Club of the Year: Chelsea

Best Women's Club of the Year: Barcelona

Best Defender of the Year: Leonardo Bonucci (Juventus/Italy)

Best Goalkeeper of the Year: Gianluigi Donnarumma (PSG/Italy)

Best Coach of the Year: Roberto Mancini (Italy)

Best National Team of the Year: Italy 

Best Agent of the Year: Federico Pastorello

Best Sporting Director of the Year: Txiki Begiristain (Manchester City)

Player Career Award: Ronaldinho

MATCH INFO

Champions League quarter-final, first leg

Manchester United v Barcelona, Wednesday, 11pm (UAE)

Match on BeIN Sports

5 of the most-popular Airbnb locations in Dubai

Bobby Grudziecki, chief operating officer of Frank Porter, identifies the five most popular areas in Dubai for those looking to make the most out of their properties and the rates owners can secure:

• Dubai Marina

The Marina and Jumeirah Beach Residence are popular locations, says Mr Grudziecki, due to their closeness to the beach, restaurants and hotels.

Frank Porter’s average Airbnb rent:
One bedroom: Dh482 to Dh739 
Two bedroom: Dh627 to Dh960 
Three bedroom: Dh721 to Dh1,104

• Downtown

Within walking distance of the Dubai Mall, Burj Khalifa and the famous fountains, this location combines business and leisure.  “Sure it’s for tourists,” says Mr Grudziecki. “Though Downtown [still caters to business people] because it’s close to Dubai International Financial Centre."

Frank Porter’s average Airbnb rent:
One bedroom: Dh497 to Dh772
Two bedroom: Dh646 to Dh1,003
Three bedroom: Dh743 to Dh1,154

• City Walk

The rising star of the Dubai property market, this area is lined with pristine sidewalks, boutiques and cafes and close to the new entertainment venue Coca Cola Arena.  “Downtown and Marina are pretty much the same prices,” Mr Grudziecki says, “but City Walk is higher.”

Frank Porter’s average Airbnb rent:
One bedroom: Dh524 to Dh809 
Two bedroom: Dh682 to Dh1,052 
Three bedroom: Dh784 to Dh1,210 

• Jumeirah Lake Towers

Dubai Marina’s little brother JLT resides on the other side of Sheikh Zayed road but is still close enough to beachside outlets and attractions. The big selling point for Airbnb renters, however, is that “it’s cheaper than Dubai Marina”, Mr Grudziecki says.

Frank Porter’s average Airbnb rent:
One bedroom: Dh422 to Dh629 
Two bedroom: Dh549 to Dh818 
Three bedroom: Dh631 to Dh941

• Palm Jumeirah

Palm Jumeirah's proximity to luxury resorts is attractive, especially for big families, says Mr Grudziecki, as Airbnb renters can secure competitive rates on one of the world’s most famous tourist destinations.

Frank Porter’s average Airbnb rent:
One bedroom: Dh503 to Dh770 
Two bedroom: Dh654 to Dh1,002 
Three bedroom: Dh752 to Dh1,152 

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THE BIO

Born: Mukalla, Yemen, 1979

Education: UAE University, Al Ain

Family: Married with two daughters: Asayel, 7, and Sara, 6

Favourite piece of music: Horse Dance by Naseer Shamma

Favourite book: Science and geology

Favourite place to travel to: Washington DC

Best advice you’ve ever been given: If you have a dream, you have to believe it, then you will see it.

Brief scores:

Arsenal 4

Xhaka 25', Lacazette 55', Ramsey 79', Aubameyang 83'

Fulham 1

Kamara 69'

 

 

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I pledge to always stand up for these values: Zayed's values for tolerance and human fraternity

Young women have more “financial grit”, but fall behind on investing

In an October survey of young adults aged 16 to 25, Charles Schwab found young women are more driven to reach financial independence than young men (67 per cent versus. 58 per cent). They are more likely to take on extra work to make ends meet and see more value than men in creating a plan to achieve their financial goals. Yet, despite all these good ‘first’ measures, they are investing and saving less than young men – falling early into the financial gender gap.

While the women surveyed report spending 36 per cent less than men, they have far less savings than men ($1,267 versus $2,000) – a nearly 60 per cent difference.

In addition, twice as many young men as women say they would invest spare cash, and almost twice as many young men as women report having investment accounts (though most young adults do not invest at all). 

“Despite their good intentions, young women start to fall behind their male counterparts in savings and investing early on in life,” said Carrie Schwab-Pomerantz, senior vice president, Charles Schwab. “They start off showing a strong financial planning mindset, but there is still room for further education when it comes to managing their day-to-day finances.”

Ms Schwab-Pomerantz says parents should be conveying the same messages to boys and girls about money, but should tailor those conversations based on the individual and gender.

"Our study shows that while boys are spending more than girls, they also are saving more. Have open and honest conversations with your daughters about the wage and savings gap," she said. "Teach kids about the importance of investing – especially girls, who as we see in this study, aren’t investing as much. Part of being financially prepared is learning to make the most of your money, and that means investing early and consistently."

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Abu Dhabi racecard

5pm: Maiden (Purebred Arabians); Dh80,000; 1,400m.
5.30pm: Maiden (PA); Dh80,00; 1,400m.
6pm: Sheikh Zayed bin Sultan Al Nahyan National Day Cup (PA); Group 3; Dh500,000; 1,600m.
6.30pm: Sheikh Zayed bin Sultan Al Nahyan National Day Cup (Thoroughbred); Listed; Dh380,000; 1,600m
7pm: Wathba Stallions Cup for Private Owners Handicap (PA); Dh70,000; 1,400m.
7.30pm: Handicap (PA); Dh80,000; 1,600m

Tamkeen's offering
  • Option 1: 70% in year 1, 50% in year 2, 30% in year 3
  • Option 2: 50% across three years
  • Option 3: 30% across five years