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Circ.: 10,000 Price: Free Subscription: $29.95/year Description: Arab American Business Magazine covers the economic and financial affairs of the Arab American community in the U.S. The award-winning publication has established itself as the pre-eminent vehicle for covering and reaching the Arab American business community. Date Established: 2000
The American Arab Chamber of Commerce is a non-profit organization dedicated to actively supporting its members as well as providing unique and valuable business solutions to ensure these businesses grow and prosper.
MISSION
The American Arab Chamber of Commerce builds economic bridges by promoting and empowering the business community it serves on a local, national and international level.
GOALS
Domestically, the Chamber is committed to strengthening its members by offering valuable networking opportunities as well as other programs, events, and seminars to promote member businesses. Internationally, the Chamber has made tremendous strides by fostering trade between Michigan-based companies and businesses located in the Middle East. The Chamber provides international referrals, sponsorship of delegations and trade missions and resource information regarding the Middle Eastern business market.
BACKGROUND
In 1992 a core group of Arab American business individuals charted a bold new course that laid the groundwork for what is now the largest Arab American business organization in the country. Through the years, the American Arab Chamber of Commerce has seen its mission and role continuously evolve with the needs of Arab American businesses and the community at large. Buoyed by the vision and leadership of the Chamber, the Arab American business community has become one of the most economically and culturally affluent communities in Michigan and the nation.
THE AMERICAN ARAB MARKET
The State of Michigan is home to one of the largest Arab American communities outside the Middle East. The number of Michiganders who claim Arab ancestry has almost tripled since 1980, currently estimated at over 500,000–a majority located in the Metropolitan Detroit region. As a result, Arab Americans are highly visible, culturally, economically and politically.Arab Americans hold a median income approximately 10% higher than the national household average, and approximately 27% higher than the national average, as of the 2010 U.S. Census. The spending power plus the large base of business ownership in various community organizations and active political participation at the local, state, and federal levels are all testimony to the economic power and development of Arab Americans today.