Dubai International Chamber expands global reach with launch of three new offices in Cairo, Tel Aviv, and Istanbul

attract FDI from key markets of strategic importance to Dubai, promoting the emirate as a preferred business hub and gateway to access emerging markets.

Al Hashemi added, “Through global network development, business engagement events and facilitation of public-private sector partnerships, we provide our member companies with unparalleled opportunities to navigate the diverse investment opportunities in the region. The economic potential in Egypt, Israel, and Türkiye, is impressive. We will continue to drive bilateral trade between the UAE and the three countries to boost collaboration in new and existing commercial sectors and unlock the endless opportunities of Dubai’s highly diverse business environment for Egyptian, Israeli, and Turkish businesses.”

Egypt

With trade between UAE and Egypt reaching US$7.5 billion in 2021, Dubai International Chamber’s new office in Cairo will strengthen the commercial relationship between the two countries, boosting investment ties in key sectors, including trade manufacturing, agribusiness, IT and maritime.

The Cairo office will offer Dubai businesses market intelligence, route-to-market strategies, and operational set-up expertise, maximising business opportunities in Egypt. Similarly, Egyptian MNCs and SMEs will stand to gain market and operational expertise and access to trustworthy partners in Dubai.

Egypt was Dubai’s second trading partner on the African continent in 2021 and ranked 20th globally on the list of Dubai’s trading partners last year. The number of Egyptian companies registered as members of the Dubai Chamber of Commerce and operating in the emirate amounted to more than 14,700 companies, which represents a growth of 103 percent compared to 2016 numbers, which reflected Dubai’s importance and reputation for Egyptian businessmen and entrepreneurs. In addition, Egypt is one of the largest start-up hubs on the African continent and accounts for 14 percent of all start-ups in Africa, according to an OECD report.

Israel

Israel is a market of strategic importance to Dubai. Since the UAE and Israel signed the historic Abraham Accords in 2020, the bilateral trade between the two countries dramatically increased reaching $1.19 billion in 2021.

The Tel Aviv office further strengthens the trade relationship between UAE and Israel, unlocking opportunities, particularly in electronics, water security, clean energy, space, retail, culture, machinery, vehicles, chemicals, and food.

The Tel Aviv office will empower Dubai businesses to explore expansion opportunities across Israel, connecting them with trusted stakeholders and potential partners to help them access new markets, scale their operations, and secure cross-border partnerships.

It will also support Israeli investors looking for business opportunities in Dubai and enable Israeli MNCs and SMEs to leverage the emirate’s strategic location, connectivity and privileged geographical access to expand into the MENASA region.

Türkiye

Non-oil trade between Dubai and Türkiye reached $12.8 billion in 2021, making Türkiye the 7th largest trading partner to the emirate. The UAE is Türkiye’s largest trade partner in the Gulf, and with the anticipated CEPA free trade agreement between the two countries, bilateral trade is expected to double to $27.4 billion.

Through the new office, Dubai International Chambers aims to strengthen an already robust commercial relationship between the UAE and Türkiye, capitalising on new trade and investment opportunities in key sectors such as automotive, agriculture, textile, logistics and chemicals.

The Istanbul office will create new channels for communication and economic cooperation between UAE and Turkish businesses, working with Turkish partners to co-organise networking events, business seminars and business matching initiatives.

It will also focus its efforts on building strong relationships with key public and private sector stakeholders, supporting Dubai companies to expand into Türkiye and assisting Turkish companies in entering the Dubai market and expanding internationally through the emirate.

Source: Emirates News Agency

Dubai Municipality launches region’s first geospatial business and innovation incubator, ‘GeoHub’

DUBAI, Dubai Municipality has launched the geospatial business and innovation incubator, ‘GeoHub’ within the framework of joint cooperation by its Geographical Information System (GIS) Centre with the Mohammed Bin Rashid Establishment for Small and Medium Enterprises Development (Dubai SME) and the Hamdan Innovation Incubator.

The incubator is one of the first in the region based on two ecosystems, first being creativity, which includes the entrepreneurship ecosystem and the second being innovation that includes academic development ecosystem.

The launch reflects the Municipality’s commitment to provide the best services that meet international standards in various fields and Dubai Government’ s directives on complete smart transformation.

A delegation from Dubai SME and Hamdan Innovation Incubator evaluated the GeoHub and ensured its adherence to accreditation standards during a visit to the GIS centre.

During the visit, the centre’s working team debriefed the delegation on the goal of the GeoHub incubator and its techniques of subscription and working mechanisms. In addition, the team presented its achievements, including key projects and research in areas of GIS and municipal work, as well as the services it offers, such as delivering geospatial services and data to facilitate innovative projects, creative spaces, and geospatial software and licenses.

In the future, specialists and consultants will offer members and entrepreneurs associated with the incubator with required support to implement their projects and the Centre will further conduct workshops to attract investments to the creative geospatial initiatives and projects.

The incubator aims to develop the latest working models, which establishes directives to solidify the Municipality’s leading position in nurturing best creative practices, supporting startups, offering leading companies with investment opportunities in municipal work and attracting new geospatial innovation, research, and development in Dubai.

The new working model reinforces Dubai Municipality’s partnership with academic institutions and investment companies, through which it targets to establish an effective and sustainable communication system to ensure creativity and innovation to support its strategic vision.

Source: Emirates News Agency

UAE leaders congratulate Kenyan President on Independence Day

ABU DHABI, President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a congratulatory message to President William Samoei Ruto of Kenya, on the occasion of his country’s Independence Day.

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, also sent similar message to Kenyan President.

Source: Emirates News Agency

DXB wins ‘Airport of the Year’ award at Aviation Business Awards 2022

DUBAI, Dubai International (DXB) has won the ‘Airport of the Year’ award at the Aviation Business Awards 2022.

Paul Griffiths, CEO of Dubai Airports received the award at a ceremony held in Dubai recently.

DXB was chosen as the winner in the category based on its “unrivalled performance” over the past 12 months.

The airport welcomed 28 million passengers in the first half of 2022, nearly three times the volume during the same period last year, while not only maintaining but enhancing its service quality and ensuring a seamless travel experience for guests across all its touch points.

Source: Emirates News Agency

DMCC announces launch of its gaming centre

DUBAI, DMCC – the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise – has announced the launch of the DMCC Gaming Centre in support of the increasingly growing global and regional video games industry. Currently standing at US$1.8 billion, revenues generated by the gaming industry in the MENA region are expected to reach US$5 billion by 2025.

Launched during the Dubai Esports Festival, the DMCC Gaming Centre formalises DMCC’s efforts in the gaming and esports space, creating a supportive environment in which all gaming and esports companies can thrive. DMCC is currently home to over 50 gaming companies, from game developers and producers to esports teams and tournament organisers.

The DMCC Gaming Centre will be based in DMCC’s award-winning free zone, providing unparalleled access to a vibrant community of gaming industry peers to unlock new opportunities for collaboration. Gaming companies looking to expand their global reach and connect with audiences across the world will also benefit from DMCC’s fully digital setup process, world-class infrastructure, and commitment to increasing the ease of doing business.

Under the DMCC Gaming Centre, members will have access to the wider esports community through regular events and esports tournaments and industry support from DMCC’s ecosystem partner YaLLa Esports, a leading esports organisation in the UAE. Furthermore, members will have the opportunity to join gaming specific acceleration and market entry programmes through our ecosystem partner, AstroLabs, a leading tech ecosystem builder in the MENA region.

Earlier this year, DMCC partnered with the global VC firm Brinc to provide members with access to $150 million in funding through their accelerator programmes ZK Advancer and The Sandbox Metaverse. Those programmes will also be open to DMCC Gaming Centre members developing games on blockchain and web3 technologies.

“Gaming is one of the fastest growing industries in the world, with nearly 3.2 billion people playing and spending a combined total of US$196.8 billion in 2022. The size and growth of the industry today is staggering compared to when video games first appeared in the 1970s,” said Ahmed Bin Sulayem, Executive Chairman and Chief Executive Officer, DMCC. “These passionate communities are constantly looking for greater immersion and storytelling in their chosen form of entertainment. As our roster of gaming companies expands rapidly and as we see more of our DMCC Crypto Centre members enter the blockchain gaming space, there is no better time to formalise our efforts by opening the DMCC Gaming Centre. Through this facility, we will solidify Dubai’s position as a global hub for all forms of gaming and esports.”

Gaming has become the most popular form of digital entertainment across the world, with rich storytelling and greater immersion than other forms of content. DMCC’s research shows that eight out of 10 Gen Zs and millennials are gamers, and that gamers between the ages of 25 and 40 spend as much as seven hours gaming each week.

Esports is also a rapidly growing industry, with 68 percent of the online population watching gaming-related content and 10 percent being esports enthusiasts. Esports has grown to become watched more than many traditional sports leagues such as the NBA and MLB.

Source: Emirates News Agency

Ahmed bin Mohammed meets with 100 graduates comprising the first cohort of the DXB500 Government Communication Training Programme

DUBAI, H.H. Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Chairman of the Dubai Media Council, highlighted the importance of government communication and its role in supporting the objectives of Dubai and the UAE’s ambitious development. H.H. Sheikh Ahmed bin Mohammed noted that communications play a critical role in conveying the UAE and Dubai’s success and accomplishments to the world, helping realise the leadership’s vision to achieve excellence and lead various international indices.

Sheikh Ahmed bin Mohammed’s remarks came as he met with the first 100 graduates that were part of the first cohort of the DXB500 Government Communication Training Programme, an initiative launched by the Dubai Media Council to train 500 public sector communications officials in the next five years in partnership with leading global education and learning institutions.

The programme’s first edition, which trained 100 government communications employees, was conducted over two months and focused on equipping participants with the most effective communication tools, including editing and social media.

Sheikh Ahmed bin Mohammed said the Council is keen to add value to Dubai’s media ecosystem, including government media and strategic communication, in order to highlight Dubai and the UAE’s accomplishments and ambitions. His Highness called upon employees of the Dubai government entities’ corporate communication departments to continue refining their skills and upgrading their knowledge as they are responsible for sharing Dubai and the UAE’s messages with the world.

H.H. expressed his appreciation for the role of government communication specialists. “Dubai’s government communication professionals are the UAE’s ambassadors. They must master the latest techniques and keep themselves abreast of the country’s accomplishments to convey them to the world and, at the same time, keep pace with UAE’s aspirations to lead the future,” His Highness said. “This task requires awareness of the various aspects of Dubai and the UAE’s sustainable development journey. It requires the professionals to convey Dubai and the UAE’s message to the world,” H.H. noted.

Mona Al Marri, Vice Chairperson and Managing Director of the Dubai Media Council, said: “Communication is one of the fastest growing sectors given the rapid evolution and introduction of new technologies, tools and media platforms. Government communication professionals and practitioners must keep abreast of the latest developments and gain proficiency in using the tools through quality training to efficiently deliver their messages and support the strategic objectives of their entity. Creating compelling content and the ability to clearly and swiftly deliver it to the target audience is a key requirement of the modern workplace.”

As part of the programme’s first edition, the initial cohort of 100 UAE national communications officers from Dubai’s government and semi-government entities were offered a Content Creator Mastercourse focusing on social media content creation. The Mastercourse focused on upskilling participants in the art and science of creating and marketing short-form content on diverse social media platforms, including YouTube, TikTok and Instagram Reels. Delivered using a hybrid model that features a mix of physical and virtual classes, the programme provided one month of intensive hands-on training followed by another month of mentorship.

Alia Al Theeb, Director, Strategic Media Affairs Department, Government of Dubai Media Office (GDMO), said: “The DXB500 Government Communication Training Programme seeks to raise the competencies of communications officers of government and semi-government entities in developing engaging content on diverse social media platforms. Social media has become the medium of choice of both the audience and content creators as it allows quick and clear delivery of the message. Therefore, the DXB500 Government Communication Training Programme aims to enable participants to understand global best practices and innovative approaches in social media content creation.”

She added that the Government of Dubai Media Office is implementing the programme in partnership with several leading global education and learning institutions to enable participants to gain a deeper understanding of global best practices and innovative approaches in social media content creation.

Participants of the programme expressed their gratitude to His Highness for his support and encouragement. They expressed their appreciation of the efforts of the GDMO’s team to make this programme a success and deliver its objectives.

Source: Emirates News Agency