March Commerce 2013

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Setting Up Business in Dubai - Fjord International Consultancy

Dubai’s higher education sector has flourished in recent years. A recent report by the Knowledge and Human Development Authority (KHDA) confirmed that student enrolment in higher education institutions in Dubai has risen by 11 per cent in 2012 and by 31 per cent in the last five years, with 43 per cent being of emirati origin.

A skilled workforce is essential for both local business to flourish and to ensure the emirate’s continued growth. Dubai’s Government actively addressed this 10 years ago with the founding of the world’s first dedicated education freezone, the Dubai International Academic City (DIAC) free zone. It was set-up with the specific aim of establishing Dubai as an education hub, developing the region’s talent pool and establishing the UAE as a knowledge-based economy and now has 46 per cent of the total number of university students in Dubai.

DIAC is located on a fully-appointed 18 million sq ft. campus with state-of-the-art modern facilities. It also has 21 International Branch Campuses from 11 different nationalities, including Heriot-Watt, London School of Business, Cass Business School and Middlesex University from the United Kingdom.

The KHDA report also highlights that the DIAC has contributed to the wide choice of programmes on offer. There are now 53 higher education institutions operating in the emirate, with 48,058 enrolled students and the potential capacity for them to admit more on doctoral programmes. Emiratis make up the largest nationality group with 43 per cent and the most popular subject at bachelors level is business.

Commenting on the report’s findings, Abdullah Al Karam, Director General of the board of directors at KHDA said , ‘What is significant to me is that 46 per cent of the students are attending free zone and branch campuses because 10 years ago there was no free zone so today the introduction of the free zone concept is contributing to the landscape and this will continue to grow’.

With an ever growing choice of direct flights to Dubai from the UK, holiday makers are now spoilt for choice. Below are 5 different airline flight options, each offering its customers something unique.

Emirates , Dubai’s official airline now flies from 6 UK airports; Gatwick, Heathrow, Birmingham, Newcastle, Manchester and Glasgow. The airline is a multi-award winner and services 120 destinations from Dubai, making it perfect for a twin centre holiday.

Virgin Atlantic’s Upper Class means you can experience luxury with a business class price tag. From 31 March, Virgin will be introducting domestic connections from Aberdeen, Edinburgh and Manchester.

British Airways offer Premium Economy flights to Dubai from just £888 return. Business passengers flying from Heathrow will also be able to use the Galleries Club lounges.

Qantas will commence a twice daily service from Heathrow to Dubai on 31 March and will be entering into a new partnership with Emirates.

Why not fly award-winning Etihad to Abu Dhabi, which has a transfer time to Dubai of just one and a half hours and experience their new levels of comfort and luxury in all three of their travel classes.
Recent DTCM News and Other Dubai Events
World’s Biggest Flower Garden Opens
The world’s biggest natural flower garden, the Dubai Miracle Garden, was opened on Valentine’s Day.
Situated in Dubailand near the Arabian Ranch, the 72,000 sq metre site has transformed a parched desert landscape into a blooming garden landscape, with over 45 million flowers including topiary-style displays. The venture is projected to attract one million visitors a year.

Dh 1 Billion HSBC SME Fund Allocated
HSBC has announced that it has fully allocated its Dh1 billion UAE International Trade SME Fund, 2012 . Open to new and existing SME customers with cross-border trading requirements, the latest fund was the third tranche in HSBC UAE’s flagship SME Fund programme to be distributed. With non-oil activities now accounting for more than 70 per cent of UAE’s GDP, SMEs are a key component in the country’s long-term development plans.

Arab Women in the Global Economy Forum
On 21 March, the British Chamber of Commerce will be hosting the Arab Women in the Global Economy Forum . Entitled ‘Building the Future Together’, the forum is designed to encourage policy dialogue on a wide range of topics concerning Arab women’s economic participation and strive to better equip women to participate effectively in national economic development by securing productive and sustainable employment. In addition, a fashion show supporting the event will be held at the Intercontinental hotel on 22 March.

To register for the forum, please down load the word document and the relevant documentation and email it to awge.event@gmail.com.

Dubai Tourism are Investors in People
Dubai Tourism’s UK office has had its ‘Investors in People’ status renewed. Ian Scott, director for Dubai Tourism said, ‘We have a strong team and value their hard work and contribution to making Dubai a successful destination. This is a real tribute to the work of all the staff.’

How to get around Dubai
A Dubai city tour is one of the best ways to experience some of the emirate’s famous landmarks, such as the world’s tallest building the Burj Khalifa, iconic hotels such as the Burj Al Arab and the Jumeirah Mosque. They will also take you to some lesser known, but equally impressive gems, such as the historic Bastakiya district, the fascinating dhow building yards and the unique bustle of the souks.

Don’t let the city limit your choice either. There are tour options to take in the famous Arabian desert, including the ever popular ‘dune bashing’ in 4x4 jeeps and a barbecue in a traditional Bedouin tented camp.

A great place to see the range of tours on offer is the Definitely Dubai website , which shows options for half, full-day, overnight and thrill-seeking tours.

Dubai - Know before you go Contact us | General Dubai Information | Privacy Statement
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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