FRANCHISE UAE 2011, three-day exhibition for entrepreneurs, opens at Business Village successfully
Dubai, April 14, 2011: The franchising industry in the UAE is largely untapped because of the Asian mindset of reluctance to sharing of business expertise and practices, according to Abdulbasit Al Janahi, CEO of Dubai SME.
Inaugurating the Franchise UAE 2011, the largest national franchise and trade show, Al Janahi said Dubai’s new strategy is to give an impetus to local SMEs and thus promote home-grown brands, as well as bring other brands from the region and the Indian Subcontinent to the UAE.
Mana Al Suwaidi, Commercial Attaché at UAE Embassy, New Delhi, said the Ministry of Foreign Trade was working aggressively to bring Indian entrepreneurs and brands to the UAE, as India is witnessing robust growth and a number of Indian brands are ready to enter new markets, especially the Middle East.
Gaurav Marya, Managing Director, Franchise Middle East, said the UAE was the ultimate destination for Indian brands looking for expansion. He attributed this to sound government policies and world class infrastructure. “Dubai is an attractive gateway for Indian brands wishing to go global. This event is just the first step in this direction,” he added.
Also present at the event was Mohammed Bushanain, Executive Director, Corporate Quality and Management Excellence, Department of Economic Development, Dubai.
Among the companies taking part in the exhibition, which will run from April 14 to 16, are the renowned Internet marketing franchise WSI, British Orchard Nursery, Promise (personality development for kids), Thumbrule (talent testing specialist), Trade Xpert, Edify School, Webcom Technologies, CADD Centre (training company), Cantabil Italy, SMS Country, Fujairah Media, Infobahn Consultancy, Gitanjali Jewels, Why Not Lifestyle home décor and furniture, Derby, Café Jubilee, Tie rack, Satya Paul, Pizza Fusion, Siyaram’s, Funland, Strands Salon & Spa, Col. Kebabz, Cocoberry, Heritage for Henna and many more.
The three-day event consists of a comprehensive business meet and the Entrepreneurship Summit 2011.
The Entrepreneurship Summit 2011 on Saturday, April 16, will focus on creating regional networking, bringing together over 200 delegates and more than 20 top industry experts sharing their success stories, including Rama Chakaki (Baraka Ventures), Sunil Bahri (Dubai Quality Group), Kamal Puri (Skyline University), Dr. Manoj Nakra (Mohammed Bin Rashid Establishment)
Franchise UAE 2011 is organized by Franchise Middle East and supported by Dubai SME, Dubai Chamber of Commerce & Industry, Indian Franchise Association (IFA) and Commercial Office of UAE Embassy, New Delhi.
The booming Middle East franchising market, currently valued at US$ 30 billion, is growing at 27% annually, and the region presents unparalleled opportunities for growth because of the presence of a large number of high networth individuals and multi-ethnic populations with high disposable incomes.
Franchise UAE 2011 is a platform for new entrepreneurs, budding enterprises and established SMEs eyeing new areas for business expansion in Middle East.
The Middle East region has a scaling multi-ethnic population with high disposable income. More importantly, it has over 400,000 HNIs (almost 13% of total population) with large wealth holdings, each with liquid assets of more than $5 million. It means together they have investable funds of more than US$2 trillion available for new businesses.
About Franchise Middle East
Franchise Middle East offers integrated business solutions in Franchising, Licensing, Retailing, Real Estate and Marketing in Middle East, Franchise Middle East (ME) is the overseas arm of Franchise India Holding Ltd. Assessing current & emerging business horizon for enabling brands as well as aspiring investors, Franchise ME is dedicated towards fostering Regional Entrepreneurship Collaboration, between India & Middle East.
Franchise India is Asia’s largest integrated franchise solution company since 1999, with an absolute authority on Franchising, Licensing, Retailing, Real estate and Marketing. The company has consulted several major brands over these years like Peter England, Barista, Booster Juice, Videocon, Perfect Wellness, Satya Paul, Bwitch, Action Coach, HCL, MGF, Quality Walls, Tata, Gitanjali, HSBC, Levis, JK Tyres, Lakme, D’damas, Adidas, Euro Kidz, The Apollo Clinic, Chhabra 555, Kidzee, Motilal Oswal, Rosebys, Next, and more, through media, advisory and exhibitions. With its strategically formed divisions, Franchise India has created its own niche as the pioneers of franchise industry and a small business authority.
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