Year 2008

November 22, 2008

Deutsche Bank Exhibits Works from Corporate Collection for the first Time in the Middle East at the Dubai International Financial Centre

FRANKFURT / DUBAI, November 22, 2008 – 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.

Opening hours: Daily 9 am to 9 pm.
Dubai International Financial Centre, West Wing
The Gate, Dubai

For more information on Deutsche Bank’s CSR and art activities please visit:
www.db.com/csr   www.db-artmag.com

For further information, please call:

Deutsche Bank
Dana Budeiri
Press
Phone: +971-4-361 1700
e-mail: dana.budeiri@db.com

Deutsche Bank
Dr. Klaus Winker
Press
Phone: +49-69-910-32249
email: klaus.winker@db.com

Britta Färber
Art
Phone: +49-69-910-35960
email: britta.faerber@db.com

DIFC
Amira Abdulla
Director- Regional Public Relations
Dubai International Financial Centre
Tel: +971 4 362 2433
E-mail: amira.abdulla@difc.ae

Shaima Al Zarouni
Assistant PR Manager
Dubai International Financial Centre
Tel: +971 4 362 2432
E-mail: shaima.alzarouni@difc.ae

Iman Ahmad
Regional Media Relations Manager
Dubai International Financial Centre
Tel: +971 50 2058021
E-mail: iman.ahmad@difc.ae


About Deutsche Bank

Deutsche Bank is a leading global investment bank with a strong and profitable private clients franchise. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. With 81,308 employees in 75 countries, Deutsche Bank offers unparalleled financial services throughout the world. The bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people.

Deutsche Bank’s commitment in the MENA region is more than a century old, beginning with the Bank’s financing of the construction of the Baghdad railway.

Deutsche Bank opened its first office in Cairo in 1959, followed in the early seventies by an office in Bahrain. In 1999, Deutsche Bank embarked on a regional expansion drive across the GCC which began with the opening of an office in the UAE’s Capital Abu Dhabi in 1999, followed by two offices in Dubai: a representative office inaugurated in 2001 and a branch at the Dubai International Financial Centre (DIFC) in 2005. In April of 2006, Deutsche Bank opened a branch in the Kingdom of Saudi Arabia, in the capital Riyadh. In November of 2007, Deutsche Bank opened its branch in the Qatar Financial Centre in Doha.
Deutsche Bank AG in the MENA region offers the full range of investment banking, asset management; private wealth management; and global transaction banking services. Deutsche Bank AG is well recognized for its leading role on some of the most prestigious regional transactions. The Bank is the recipient of several regional and international awards in recognition for its achievements in investment banking and Islamic finance in the region.
www.db.com   http://www.db.com/mena/


About the DIFC:
The Dubai International Financial Centre (DIFC) is an onshore hub for global finance. It bridges the time gap between the financial centres of Hong Kong and London and services a region with the largest untapped emerging market for financial services. In just four years, over 750 firms have registered at the DIFC. They operate in an open environment complemented with world-class regulations and standards. The DIFC offers its member institutions incentives such as 100 per cent foreign ownership, zero tax on income and profits and no restrictions on foreign exchange. In addition their business benefits from modern infrastructure, operational support and business continuity facilities of uncompromisingly high standards. (http://www.difc.ae/)



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