The exhibitors looking for expansion in the UAE and other GCC countries include Pizza Pizza from Turkey, Re Mida S.P.A. from Italy, BG Cleaning Services from Iceland, La Fiesta Italy and Gitanjali Jewellery, Colonel Kababs, Perfume Station from India. From the UAE, the exhibitors include Binhendi, NMC, British Orchard, Precise group and others.
The two-day event is organized by Franchise Middle East and supported by Dubai SME – an agency of Department of Economic and Development of Dubai, Ruwad Establishment, Middle East Franchising, Dubai Chamber of Commerce & Industry, Indian Franchise Association (IFA) and Commercial Office of UAE Embassy, New Delhi. Hamriya Free Zone Authority is associate sponsor of the event.
Gaurav Marya, Managing Director, Franchise Middle East, says, “Franchising has undergone a dramatic transformation in the Gulf over the past few years, with the focus shifting from big conglomerates to dynamic entrepreneurs and SMEs. The ‘Franchise UAE’ show will present an opportunity to gain a deeper understanding of the global franchising industry and new opportunities available for investors and entrepreneurs.”
“The show will also highlight the fact that the GCC has created several successful brands that are now ready to go global. However, there is an urgent need for governments to create proactive investment boads on the lines of IE Singapore that can provide the much-needed boost to the SME sector. This will enable local and expatriate entrepreneurs to boost the economy by exploiting global opportunities available globally,” added Marya.
In the inaugural edition, ‘Franchise UAE’ generated business deals valued at over $10m, one-third of which came from Emirati investors. The event was visited by over 800 investors, especially women entrepreneurs, who engaged in one-on-one meetings with representatives from 50 brands covering diverse business segments.
The booming Middle East franchising market, currently growing at 27% annually, presents unparalleled opportunities for growth because of the presence of a large number of high net worth individuals and multi-ethnic populations with high disposable incomes.
Sunday, September 18- 2011 @ 14:15 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.