ICAZ DUBAI CHAPTER
DUBAI The success story 2013
ICAZ DUBAI CHAPTER
THE ICAZ DUBAI CHAPTER INVITES YOU TO DUBAI Why do things differently?
DIASPORA ENGAGEMENT Members Diaspora Zimbabwe 46% 54% ZIMBABWE 729 SA 256 UK 144 AUSTRALIA 52 CAYMAN ISLANDS 26 CANADA 21 UAE 15 BERMUDA 8 OTHER 331 DIASPORA 853 (Source ICAZ September 2013)
GLOBAL HUB 13HRS 7HRS 16HRS 8HRS 9HRS 11HRS
WINTER SCHOOL IN DUBAI DISCOVER LEARN PLAY
DISCOVER TOURISM 2003 2012 Hotel rooms 33K 80K Guests 12M 37M Occupancy 72% 78%
DISCOVER TOURISM FESTIVALS IN DUBAI Dubai Shopping Festival Jan/Feb Dubai Food Festival Feb/Mar Ramadan in Dubai Jun/Jul Modhesh World Jun/Sep Eid In Dubai Jul/Aug Dubai Summer Surprises -Aug/Sep Dubai Motor Festival - Nov
DISCOVER FREE ZONES FREE ZONES IN UAE There are over 20,000 companies in 21 Free Zones around the UAE. Establishing such zones has the following benefits: stimulates foreign direct investment in the countries, minimizes trade barriers, enables investors to do business under more favorable economic conditions, reduces routine rules and regulations, generates thousands of jobs,
DISCOVER FREE ZONES FREE ZONES IN UAE encourages the setting up of ancillary industries, and helps in the transfer of knowledge, expertise and technology into the country.
DISCOVER LOGISTICS WORLD CLASS AIR TRANSPORT 66m passenger traffic (2012; 58m) DXB INTL with 3 terminals Emirates flies to over 140 destinations on 6 continents Emirates flies to 25 destinations in Africa
DISCOVER TRADE 2007 2013 Imports 81bn 148bn Exports 7bn 34bn Re-Exports 27bn 48bn Total 115bn 230bn
LEARN FDI Ranked as the top foreign direct investment destination by the FDI magazine of the Financial Times. Key developments include: Establishment of Dubai Foreign Direct Investment Authority Attract, foster and drive growth Provides aftercare services to retain existing investors whilst improving the investment landscape Guides new investors through all the stages including business location, legal structure and linking them to the Government and non Government entities (hands on practical help)
LEARN FDI Legal framework FDI Law: Continuous development of investment laws Relaxed foreign ownership: sector based New laws allowing simplified processes of starting a business and protection of shareholders Corruption Reduced procedures with majority being automated to reduce red tape surrounding foreign investment approval Zero tolerance: Not part of business culture Functional websites/e-government Information is readily available on the web and up-to-date
LEARN E-GOVERNMENT KEY GOVERNMENT DPTS RTA Road and Transport DEWA Electricity and Water GCAA Airports and transport ENEC Nuclear Energy DTCM Tourism Marketing DHA Dubai Health Authority KHDA Knowledge and Human Development Authority
DISCOVER TRADE Top Imports Precious stones, metals, jewelry 38.6% Machinery, electrical equipment 16.6% Vehicles, aircraft, & transport 12.9% Chemical and related products 5.1% Base metals and related products 5.1% Other 21.8%
LEARN FROM OTHER PROFESSIONALS Mohd Ali Alabbar, EMAAR Chairman POTENTIAL SPEAKERS Leading Local, Regional CEOs Industry Professionals - Civil Engineering, Hospitality, Aviation, Finance CFOs Emaar, Etisalat, Emirates Top development economists Accountants ICAEW, ICAI Other ICAZ Chapters, Members UK, Australia, USA, Qatar
LEARN INDUSTRY INDUSTRY LEADERS Emaar Property developer DP World Ports, Logistics Etisalat/Du Telecoms Mubadala Sovereign Wealth ENOC/ADNOC Oil and Gas Masdar Renewable Energy Jumeirah Hospitality Damas Gold/Diamond Jewelry
PLAY GO TO Beach Jumeirah, Mamzar Malls Deira, Dubai Mall, MoE Ferrari World, Grand Mosque Yas Island Formula 1 Gold Souq Hatta/Alain Mountains Heritage Village Dubai Museum Bastakiya Quarters City Tours
PLAY TO DO Sunset Desert Safari Dhow Dinner Cruise Dolphin Bay Interaction Ski Dubai Watch the Fountains ifly Dubai Play Golf Jet skiing Adventure Waterpark
PLAY TO SEE Multiculturalism The new and old city Dubai Creek The lifestyle Maradona Iconic buildings Dubai Fountains
OTHER CONSIDERATIONS Cost estimates Visas Communication Logistics Cultural considerations, alcohol Weather
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