June Commerce 2013

Dubai Update
Setting Up Business in Dubai - Fjord International Consultancy

Following the success of Dubai Internet City, Dubai Media City, International Media Production Zone, Dubai Outsource Zone and Dubai Studio City, Dubai is creating a new district: Dubai Design District.

Announced earlier this month by His Highness Sheikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, the new zone will sit alongside Dubai’s Business Bay area and be a hub for established and emerging fashion designers.

Tecom Investments, Ten buildings are currently being constructed including design institutes and a convention centre. Ahmad Bin Byat, CEO of Dubai Holding, said, 'To further strengthen Dubai’s knowledge-based economy and ensure its sustainability, we must create an environment that would produce and nurture future business leaders and entrepreneurs.

Dubai Design District aims to provide this environment for the local talent interested in this sector. Furthermore, these talents will be able to draw on the experience of the leading regional and international operators who we are looking to attract to the district.'

Young designers are also happy with the plans. Roadha Bin Khedia, is the co-founder of Khawla W Roadha, a fashion label that makes modern Arabic dresses. She and her sister launched the label five month ago and their designs are sold in three boutiques in the UAE. 'Government support is the best support we can get. It would be a nice opportunity to try it out,' she said.

Read more on Gulf News.

Dubai’s skyline is truly unique. There are famous buildings such as the Burj Khalifa and the Jumeirah Beach Hotel. Viewing them from a height gives a great perspective and Dubai Update has compiled 5 of the best.

Float up to 3,000 feet in a hot air balloon adventure and serenely drift over the shimmering golden sands and emerald green oases of the magical Arabian desert.

Soar into the sky and get a bird’s eye view of the inviting Arabian Sea and Dubai skyline in an exhilarating Parascending trip.

Take off from water and see Dubai’s best known sights from the air with a Seawings flight.

For those wanting to keep their feet on terra firma, an afternoon tea at At.Mosphere, the highest restaurant in the world, will give you breath-taking views of the city from the 122nd floor.

Treat yourself with an upgrade to a private cabin in the Emirates A380 for the ultimate bird's eye view, where you will enjoy your own private suite and shower spa and cocktails in the onboard lounge.
Recent DTCM News and Other Dubai Events
Dubai Mall starts expansion project
The massive expansion of The Dubai Mall, the world’s largest shopping and entertainment destination, has started in preparation to welcome over 100 million annual visitors. With the first phase expansion by 1 million sq ft, the fashion portfolio of the mall will be further strengthened, enhancing the city’s high-end retail offerings.

The expansion will also add a choice of residential, commercial and hospitality components, with impressive views of The Dubai Fountain, and Burj Khalifa, the world’s tallest building. Click on this link to read the full details.

Emaar Properties and Meraas Holding: new residential project
Emaar Properties (EMAAR.DFM) and Meraas Holding are jointly developing the first phase of the multi-billion-dollar Mohammed Bin Rashid City in Dubai, a project the emirate hopes will further revitalise its property market. Dubai Hills Estate, a mixed use development with an 18-hole golf course, will be built on prime land spanning over 2,700 acres located near Downtown Dubai.

DTCM News
- DTCM recently held a Dynamic Dubai business seminar in Durham in partnership with Business Durham. It was attended by 50 enthusiastic businesses from the North East. There was an exciting programme of guest speakers from Emirates, UKTI and North East Chamber of Commerce. Pinnacle Engineering Company provided an engaging case study.
Business Durham is creating a Dubai Group which will meet regularly to allow companies to network and share ideas. For more information contact stewart.watkins@durham.gov.uk.

- DTCM joined a tour which took place in Manchester, Bristol and London. Arranged by the Dubai UKTI team , the tour promoted the Gulf as a business destination.

How to get around Dubai

Dubai offers a truly modern and comfortable lifestyle. With its cosmopolitan population, it has something for everyone. From being a shopper’s paradise and a beach destination to perhaps the city with one of the largest variety of cuisines available, Dubai is an exceptional place to live.

Dubai is the sporting capital of the Middle East. Numerous international sporting events are hosted in the emirate every year, including the world’s richest horse race - The Dubai World Cup. If you’re not into sport, there’s always the arts and culture. Cultural and artistic talent is encouraged, celebrated and applauded and there are plenty of museums and galleries including the Dubai International Art Centre (DIAC).

Visit Definitely Dubai to find out more about life in the emirate.

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Dubai Update is a digest of economic, industrial, commercial, travel and tourism and other news, some of which have appeared in the Dubai press. Items have not been independently verified by the Department. It is sent free of charge to organisations in the UK and Ireland wishing to keep abreast of major developments in Dubai.

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