ICAZ DUBAI CHAPTER

ICAZ DUBAI CHAPTER

UAE CHAPTER - 2014 WINTER SCHOOL

DUBAI

UAE CHAPTER - 2014 WINTER SCHOOL

The success story

2013

UAE CHAPTER - 2014 WINTER SCHOOL

ICAZ DUBAI CHAPTER

WINTER SCHOOL IN DUBAITHE ICAZ DUBAI CHAPTER INVITES YOU TO DUBAI

Why do things differently ?

UAE CHAPTER - 2014 WINTER SCHOOL

DIASPORA ENGAGEMENT

UAE CHAPTER - 2014 WINTER SCHOOL

WINTER SCHOOL IN DUBAI

54%

46%

Members

Diaspora Zimbabwe

ZIMBABWE 729

SA 256 UK 144AUSTRALIA 52CAYMAN ISLANDS 26CANADA 21 UAE 15BERMUDA 8 OTHER 331DIASPORA 853

(Source ICAZ – September 2013)

GLOBAL HUB

UAE CHAPTER - 2014 WINTER SCHOOL

WINTER SCHOOL IN DUBAI

11HRS

7HRS

9HRS

8HRS

13HRS

16HRS

WINTER SCHOOL IN DUBAI

DISCOVER LEARN PLAY

UAE CHAPTER - 2014 WINTER SCHOOL

DISCOVER TOURISM

2003 2012

Hotel rooms 33K 80K

Guests 12M 37M

Occupancy 72% 78%

UAE CHAPTER - 2014 WINTER SCHOOL

WINTER SCHOOL IN DUBAI

WINTER SCHOOL IN DUBAI

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

UAE CHAPTER - 2014 WINTER SCHOOL

WINTER SCHOOL IN DUBAI

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,

UAE CHAPTER - 2014 WINTER SCHOOL

WINTER SCHOOL IN DUBAI

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.

UAE CHAPTER - 2014 WINTER SCHOOL

WINTER SCHOOL IN DUBAI

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

UAE CHAPTER - 2014 WINTER SCHOOL

WINTER SCHOOL IN DUBAI

DISCOVER TRADE

2007 2013

Imports 81bn 148bn

Exports 7bn 34bn

Re-Exports 27bn 48bn

Total 115bn 230bn

UAE CHAPTER - 2014 WINTER SCHOOL

WINTER SCHOOL IN DUBAI

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)

UAE CHAPTER - 2014 WINTER SCHOOL

WINTER SCHOOL IN DUBAI

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

UAE CHAPTER - 2014 WINTER SCHOOL

WINTER SCHOOL IN DUBAI

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

UAE CHAPTER - 2014 WINTER SCHOOL

WINTER SCHOOL IN DUBAI

DISCOVER TRADETop 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%

UAE CHAPTER - 2014 WINTER SCHOOL

LEARN FROM OTHER PROFESSIONALS

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

Mohd Ali Alabbar, EMAAR Chairman

UAE CHAPTER - 2014 WINTER SCHOOL

WINTER SCHOOL IN DUBAI

WINTER SCHOOL IN DUBAI

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

UAE CHAPTER - 2014 WINTER SCHOOL

WINTER SCHOOL IN DUBAI

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

UAE CHAPTER - 2014 WINTER SCHOOL

TO DO• Sunset Desert Safari

• Dhow Dinner Cruise

• Dolphin Bay Interaction

• Ski Dubai

• Watch the Fountains

• iFly Dubai

• Play Golf

• Jet skiing

• Adventure Waterpark

UAE CHAPTER - 2014 WINTER SCHOOL

WINTER SCHOOL IN DUBAI

PLAY

WINTER SCHOOL IN DUBAI

PLAY

TO SEE

• Multiculturalism

• The new and old city

• Dubai Creek

• The lifestyle

• Maradona

• Iconic buildings

• Dubai Fountains

UAE CHAPTER - 2014 WINTER SCHOOL

WINTER SCHOOL IN DUBAI

OTHER CONSIDERATIONS

UAE CHAPTER - 2014 WINTER SCHOOL

• Cost estimates

• Visas

• Communication

• Logistics

• Cultural considerations, alcohol

• Weather

WINTER SCHOOL IN DUBAI

HEAR WHAT SOME OF OUR MEMBERS HAVE TO SAY

UAE CHAPTER - 2014 WINTER SCHOOL

WINTER SCHOOL IN DUBAI

CHITSVA CHIRI MURUTSOKA

UAE CHAPTER - 2014 WINTER SCHOOL

WINTER SCHOOL IN DUBAI

SHUKRAN

UAE CHAPTER - 2014 WINTER SCHOOL