DUKAATDutch–Arab Business ClubAnno 2018By nomination

DUKAAT

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Follow the gatherings and specialised programmes of the DUKAAT community, the workshops and exhibitions, and the opportunities for professional and business introductions.

Events
About us

The story behind the name

A single deep red tulip in a white earthenware jug beside a hand-painted tulip tile on a pale ash table.

From value that crosses markets to relationships that cross borders

The name DUKAAT draws its inspiration from the Dutch ducat and its trading heritage: a symbol we reinterpret today through the value of people, their knowledge and their relationships.

Value may be expertise shared by a specialist, a product that finds its market, or an idea that meets someone who helps it grow. And it may begin with a meeting that brings together two people who were each looking for the other.

This is where the DUKAAT story comes from: a community that carries value from person to person, from company to company and from market to market. At its heart are three values: value, trust and leadership.

A small brass balance with two empty, level pans beside brass weights and a pewter dish on linen.
Wooden river boats moored along a quay of yellow brick warehouses beside a wide river lined with date palms.

Every member carries the meaning of nobility

In DUKAAT's culture, we use ‘the Duke’ as a symbol of noble conduct and responsible leadership: someone who keeps their word, respects others, shares their knowledge and opens a door to a new opportunity. It is a symbolic identity of belonging within the club, not a formal aristocratic title.

At DUKAAT, a member's nobility shows in the mark they leave: knowledge they share, a pledge they keep and an opportunity they open.

DUKAAT takes its name from the Dutch gold ducat: a coin made for trade, whose worth a merchant knew the moment he saw it.

The coin

A known weight.

Trade coin since
4 August 1586, under the Dutch Mint Act
Weight
3.494 grams
Fineness
983/1000 gold
Struck today by
The Royal Dutch Mint, Utrecht
Ottoman sultani
First struck 1477–78 under Mehmed II, on the ducat standard
Bunduqi
The name of Moroccan gold dinars — after al-Bunduqiyya, Venice

Never the gold alone.

Its strength never came from the gold alone. It came from the fact that a merchant who saw it knew exactly what it represented: a known value, a trusted weight, a standard people could deal in across borders.

That standard was not only European. The Ottoman sultani was struck on it. In Morocco, gold dinars were called bunduqi — after the Arabic name for Venice, whose ducat had travelled that far.

The Royal Dutch Mint in Utrecht still strikes the ducat today — in its own words, “to keep the memory of our rich trading past alive”.

The ducat was a language both sides already spoke.

The mark

A tulip that crossed as well.

The tulip in our mark is a crossing of its own. It reached the Netherlands from the Ottoman world in the sixteenth century, and became as Dutch as anything the country grows.

The mark holds more than a flower. Its lines are people who have found each other: two gold strands rise, cross and hold, and between the petals, at the very centre, a head can be made out — the member, at the heart of everything DUKAAT does.

Beneath it, a gold line runs through the two A’s of DUKAAT like a bridge: the one we build between two worlds.

Value, today

More than money.

In business today, value may be the right relationship, the right information, the right product, the right buyer or supplier, the right investment — or an opportunity two parties did not know existed.

Container quays of a large North Sea port after rain, with quay cranes and one oxblood container among grey stacks.

The ducat carried value from market to market. DUKAAT carries it from person to person, company to company, market to market.

What the name commits us to.