Discover top tips to build a successful business in Dubai

• Ronke Lawal (Islington Chamber of Commerce)
• Tuesday 15 March 2011

Members of The Islington Chamber of Commerce are invited to find out the inside track on doing business in Dubai at the Canonbury Academy on the 23rd March 2011. The presentation is part of a series of seminars, chaired by the Government of Dubai, Department of Tourism and Commerce Marketing (DTCM) which are taking place around the United Kingdom. A representative from UKTI and Naresh Shah of Lubbock Fine, a member of the chamber will be speaking on his experiences of doing business in Dubai.

Dubai has long earned the reputation as being one of the world's most desirable business destinations; its positive economic policy and ambitious growth plans have underpinned the introduction of an equally progressive infrastructure, with first-class facilities across the board, from telecoms to ports and aviation.

Overall, 23 per cent of 2011 budget has been allocated to maintaining and enhancing Dubai's infrastructure, and it is this sustained investment that is key to the emirate's continued allure to international commerce. Businesses such as Deloitte, whose Chief Executive, Jim Quigley, revealed: "If in fact the infrastructure is in place here - and I think it is uniquely in place here - if you look not only at your immediate region but all of your neighbours & then I think you have to be bullish on Dubai with a long view".

Social Development, which includes health and education services, was allocated 24 per cent of the total 2011 budget.

The strong infrastructure is complemented by additional incentives for businesses both large and small looking to establish a global presence from this gateway to the Middle East. There remains a strong focus on the diversification of the economy, with recent executive directives placing a further emphasis on the need to support small business. Companies from all sectors of enterprise are welcomed and accommodated, with many located within their own tax-free Free Zones the creation of which have further reinforced the emirate's position as a key global commercial hub.

Dubai is also looking to expand upon its global trading and investments. Non-oil exports rose by 19% in 2010, and re-export grew 22%. And the UK remains a crucial trading partner, with the UAE its largest Middle Eastern market worth around £3.7 billion. The emirate has similarly cultivated strong ties with the rest of Europe and the United States and invests in these areas as well as the Middle East, Africa and Asia through Dubai International Capital (DIC) which is part of Dubai Holding.

Ian Scott, UK and Ireland Director for the Government of Dubai Department of Tourism and Commerce Marketing feels Dubai has much to share with Chambers of Commerce: "Dubai is committed to retaining its position as one of the world's leading business destinations with a diverse offering of unparalleled facilities and amenities for companies both large and small. The Department of Tourism and Commerce Marketing has introduced these seminars with a view to educating members of Chambers of Commerce around the UK about Dubai's unique offering to enterprise and explaining how to go about setting up in the emirate to further stimulate growth in the region." The Islington Chamber of Commerce is proud to be facilitating such an important event and hopes to encourage more of its members to do international trade.

Dubai is renowned for its 'can do' attitude across the board and a progressive leadership, both of which are reflected in the comprehensive growth plans outlined in the Dubai Strategic Plan 2015. Why not find out more about this city of today and tomorrow and how your company could do good business in Dubai?

To take advantage of this exclusive opportunity and gain a valuable insight into doing business in Dubai please contact Siobhan Moran, admin@islingtonchamber.org.uk

For further information on doing business in Dubai contact the UK and Ireland office of the DTCM on Tel: +44 (0)20 7321 6110, dtcm_uk@dubaitourism.ae or visit www.dubaiupdate.co.uk, www.dubaitourism.ae

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For further press information please contact:

Fayha Sultan at Dubai Tourism and Commerce Marketing

T: +44 (0)20 7321 6110 E: fsultan@dubaitourism.co.uk

http://islingtonchamber.org.uk/2011/02/exclusive-members-reception-doing-business-in-dubai-23rd-marc

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