ICAZ DUBAI CHAPTER

ICAZ DUBAI CHAPTER

UAE CHAPTER - 2014 WINTER SCHOOL

DUBAI


The success story

2013


ICAZ DUBAI CHAPTER

WINTER SCHOOL IN DUBAITHE ICAZ DUBAI CHAPTER INVITES YOU TO DUBAI

Why do things differently ?


DIASPORA ENGAGEMENT


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



11HRS

7HRS

9HRS

8HRS

13HRS

16HRS


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 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%


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




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


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


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


HEAR WHAT SOME OF OUR MEMBERS HAVE TO SAY



CHITSVA CHIRI MURUTSOKA



SHUKRAN


Documents

ICAZ DUBAI CHAPTER