UAE Italy – UAE Business News ===================================================================================================== A publication of the Italian Industry& Commerce Office in the UAE, Dubai Vol. No. 3– Jul/Ott 2016 NEWS A selection of news articles that featured in official publications in UAE and Italy related to the business, economy and culture of the two countries. IICUAE – DOING BUSINESS IN THE UAE No.3, Jul – Sep 2016 Page 1 of 9 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | rather than merely be the beneficiary of the government’s infrastructure development. I’d like to see the retail industry have the ambition to create more local brands and concepts to export to the world rather than primarily import from the outside. It’s time to use the Expo as a showcase for the Arab world”, said Dr Tommy Weir, keynote speaker at the event about the future of the UAE’s retail industry in light of the country’s tourism targets. (Source: Khaleej Times) UAE MALLS OFFER MORE THAN SHOPPING; IT IS AN EXPERIENCE 31.10.2016 The future looks bright for the UAE’s retail industry as investors continue to make the most of the various opportunities to them across the different emirates, expert noted at the ReCon Mena 2016 Conference and Exhibition. “The number of upcoming shopping malls aren’t limited to one emirate, but are spread out across all of them, which is very healthy sign. Visiting a mall in the UAE is not just about shopping: it is about an experience. You mix your hopping with entertainment and with dining to get the complete overall experience”, said Bhupinder Singh, General Manger and chief financial officer of Dalma Mall. An interesting trend has gained steam in recent years: the inclusion of specialized services providers in a mall, such as hospitals and clinics. “Increasingly, what residents and tourists are seeing is not just a shopping mall, but a destination where you can get everything under one roof”, added Singh. “It goes without saying that Expo 2020 will continue to position the UAE and the region as the connecting point of the world. With over 20 million tourists coming to the UAE, it’s really important for retailers to have the ambition to build concepts, ideas, stores and products, KNOW THE UAE: CONNECTING MINDS, CREATING THE FUTURE 31.10.2016 Dubai: Every World Expo runs under a central theme of universal concern to all of humanity. Expo 2020 Dubai’s theme is “Connecting Minds, Creating the Future”. It recognizes that generating sustainable solutions to global problems demands collaboration across cultures, nations and regions. It is also a reflection of the modern world: connected as never before, and changing with great speed.
Transcript
UAE
Italy – UAE Business News =====================================================================================================
A publication of the Italian Industry& Commerce Office in the UAE, Dubai
Vol. No. 3– Jul/Ott 2016
NEWS A selection of news articles that featured in official publications in UAE and Italy related to the business, economy and culture of the two countries.
IICUAE – DOING BUSINESS IN THE UAE No.3, Jul – Sep 2016
rather than merely be the beneficiary of the government’s infrastructure development. I’d like to see the retail industry have the ambition to create more local brands and concepts to export to the world rather than primarily import from the outside. It’s time to use the Expo as a showcase for the Arab world”, said Dr Tommy Weir, keynote speaker at the event about the future of the UAE’s retail industry in light of the country’s tourism targets. (Source: Khaleej Times)
UAE MALLS OFFER MORE THAN SHOPPING; IT IS AN EXPERIENCE
31.10.2016 The future looks bright for the UAE’s retail industry as investors continue to make the most of the various opportunities to them across the different emirates, expert noted at the ReCon Mena 2016 Conference and Exhibition.
“The number of upcoming shopping malls aren’t limited to one emirate, but are spread out across all of them, which is very healthy sign. Visiting a mall in the UAE is not just about shopping: it is about an experience. You mix your hopping with entertainment and with dining to get the complete overall experience”, said Bhupinder Singh, General Manger and chief financial officer of Dalma Mall. An interesting trend has gained steam in recent years: the inclusion of specialized services providers in a mall, such as hospitals and clinics. “Increasingly, what residents and tourists are seeing is not just a shopping mall, but a destination where you can get everything under one roof”, added Singh. “It goes without saying that Expo 2020 will continue to position the UAE and the region as the connecting point of the world. With over 20 million tourists coming to the UAE, it’s really important for retailers to have the ambition to build concepts, ideas, stores and products,
KNOW THE UAE: CONNECTING MINDS, CREATING THE FUTURE
31.10.2016 Dubai: Every World Expo runs under a central theme of universal concern to all of humanity. Expo 2020 Dubai’s theme is “Connecting Minds, Creating the Future”. It recognizes that generating sustainable solutions to global problems demands collaboration across cultures, nations and regions. It is also a reflection of the modern world: connected as never before, and changing with great speed.
The inspiration of the logo is a gold ring dating back almost 4000 years, which was discovered at an archeological site in the desert. The discovery of the site, Sarouq Al Hadeed, was made by Shaikh Mohammad Bin Rashid Al Maktoum, when he was young over the desert in a helicopter and noticed that the sand dunes over the site were very different from those in surrounding areas. The decision to feature the simple ring in the logo was made by the Sheikh itself, to represent the massage that the UAE is a young nation but has connections to ancient civilizations. Pavilions, exhibitions, events and entertainment will come together to create an immersive experience across an area of 2sq km. spreading outwards from this center will be three ‘souq” areas, each focused on sub-themes: Mobility, Sustainability and Opportunity. (Source: Gulf News)
UAE ECONOMY PROJECTED TO GROW 2.3% IN 2016
19.10.2016 Dubai: the UAE economy is projected to grow 2.3% this year compared to 4% last year according to the International Monetary Fund’s (IMF) latest Regional Economic Outlook.
“The UAE as a whole is better diversified than the regional economies, said Masood Ahmad, Director, Middle East and Central Asia Department of the IMF. Abu Dhabi’s GDP is projected to grow 1.5% this year compared to 4.3% last year. The economic forecast for next year places the GDP growth at 1.7%. Dubai, a more diversified economy and relatively less dependent of hydrocarbon revenues is projected to grow at 3.3% this year. For the year ahead, the IMF has projected a GDP growth of 3.6% for the Emirate.
Despite the heavy economic headwinds from the oil price drop translating into large export losses, the UAE will continue to report positive current account balances this year and next year. The IMF has projected the country’s current account at a surplus of 1.1% of GDP this year and 3.7% of GDP in 2017. (Source: Gulf News)
RESIDENTS SEE GOOD TIMES AHEAD FOR UAE ECONOMY - SURVEY
11.10.2016 In a recent survey carried out by YouGov and Bayt.com, as many as 31& of respondents believe that their country’s economy is worse today compared to six months ago. However, half of the UAE respondents said that expect their country’s economy to improve in the next six months. “Despite the negative feelings that have characterized the past few months, there are sparks of optimism among respondents that economic conditions in their countries will improve in the future”, said Suhall Al Masri, Vice President of Employer Solutions, Bayt.com. When asked about future expectations, 50% of respondents were optimistic about the economy improving, and 11% believe that business conditions are presently good. Nevertheless, 23% of the respondents said they do not expect any change. In terms of business conditions, 39% of UAE respondents believe that business conditions are presently good; however, 369% believe that conditions are on average. Regarding expectations for business conditions in a year’s time, 65% of UAE respondents are optimistic. (Source: Gulf News)
AFTER 2020, EXPO SITE WILL BE A THRIVING BUSINESS ECOSYSTEM
05.09.2016 - The 2020 Expo site will constitute a project without end after exposure, but will become an ecosystem to encourage economic growth.
In a keynote speech at the conference, Marjan Faraidooni, 2020 Expo's vice-president of legacy, set out ambitious plans to transform the Expo's 4.38 square kilometers site, into an ecosystem that connects businesses in the transport and logistics, travel and tourism, real estate and education sectors. Faraidooni explained Expo's intentions as: "Our legacy plans are wide-ranging and ambitious. Our Expo will continue to foster innovation and create meaningful partnerships that will live beyond 2020 - not only for the UAE but for the region as a whole". She also explained that the Expo site will become a center of business that will give importance to education, transportation and logistics, travel and tourism, and real estate. These sectors, from the backbone to the current UAE economy are industries that have a major role to play in the nation's ongoing economic diversification. (Source: Khaleej Times )
THE OUTLET VILLAGE OPENS IN DUBAI
03.09.2016 Shopping destination will offer established brands at discounted prices in a luxury setting
Modelled after outlet villages in Europe, 140000 sq meters of the mall is now opened, with additional phases to take that up to 300.000 sq meters. According to Meraas, the developer of other retail developments including City Walk Dubai, The Beach JBR, Box Park Dubai and food truck park Last Exit. Located in Jebel Ali, the design of The Outlet Village is inspired by San Gimignano in Italy, a Unesco World Heritage Site since 1990. The attention to detail is quite impressive with the replicated stonework, archways and pebbled streets. It’s situated a bit of drive now, but once the Dubai Parks and Resorts opens in October 31, this Jebel Ali destination is going to be the center of a lot of action. Dubai Parks and Resorts, the Middle East’s largest multi-themed park will have three main theme parks: the Hollywood-inspired Motiongate Dubai, the region’s first Legoland theme park called Legoland Dubai and the world’s first Bollywood Parks Dubai. (Source:www.timeoutdubai.com)
MAINLAND OR FREE ZONE? HOW TO CHOOSE THE BEST ALTERNATIVE FOR SETTLING IN THE UAE
01.09.2016 The collaboration agreement signed by Dubai and Abu Dhabi aims to create an efficient environment for investors, in order to facilitate the entry of foreign capital and technological know-how.
This agreement was a turning point regarding relations between the Dubai International Financial Center and Abu Dhabi Global Market that have initiate future collaborations that have the task of improving the regulatory procedures of the two financial centers.
UAE
NEWS…..contd.
Page 3 of 9 IICUAE – DOING BUSINESS IN THE UAE No.3, Jul – Sep 2016
DIFC and Abu Dhabi Global Market are two of the most important zones, the first of which was established in Dubai in 1985. Each area has a specific production sector, where it carries out commercial, industrial and professional activities, through licenses issued by the competent authorities. The only limitation, settling in this area, is to not be able to trade directly in assets on federal land. Those who want to trade must ensure they have licensed commercial agents in UAE by paying a 5% duty. If the investor is interested in trade in the local market to avoid paying the duty, then you must settle directly into a "mainland" (part of the territory under the Federal Administration). The only limit in carrying out its business is to equip itself with a partner, which provides for the incorporation of a company with a capital contribution equal to or greater than 51% of the membership fee. The agent is essential to open a branch or a representative office. This makes the UAE market attractive to investors.
(Source:www.exportiamo.it)
INNOVATION TO DRIVE OVERHAUL OF PUBLIC SCHOOL EDUCATION
29.08.2016 Dubai is preparing the reform of education system, which will result in many news, not only for students but also for those who work within this sector.
The announcement came during a visit of Shaikh Mohammed to the Ministry of education. The new program will focus more on technology, innovative design, health sciences, occupational, general and business management skills. The new plan calls for a bilingual curriculum, seeking to promote the national identity of students trying to develop in them critical capabilities and deepening. With the support of 19 specialized local and international bodies, the plan seeks to develop a new integrated kindergarten curriculum, a new policy for evaluation of kindergarten schools that involves parents and an integrated reading program for students of all grades. International partnerships will also be established to develop new mathematics and science textbooks. Curricula of subjects like, history, geography, economics and social studies, will be part of a unique curriculum and mathematics will be improved and revised to be at the same level with international standards. The Sheikh reiterated to teachers and parents that the reform proposals will be monitored directly by the President, his Majesty Sheikh Khalifa bin Zayed Al Nahyan. It also stated that the ongoing reform about education is very important, because the places in which future generation growth must focus on collaboration between schools and families. (Source: Khaleej Times)
RED FACES AS SHEIKH MOHAMMED BIN RASHID’S MORNING SPOT CHECK FINDS EMPTY DESKS
28.08.2016 The sovereign of the ‘Emirate Mohammed bin Rashid al-Maktoum', has visited on August 28th 2016 the Department of Economic Development, finding the offices empty. After viewing the offices for a few minutes, he asked to be searched for the names of the officers that were missing in the workplace.
His Majesty, Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, has given approval to the comprehensive plan to overhaul the public education in the UAE, to be launched by the Ministry of Education this year. The new system will have as its goal the improvement of the curriculum and student knowledge.
The visit was also accompanied by a video showing the sheikh in the office, which was then posted on twitter. The names of the “lazy” officers, that had been licensed by the Department of Economic Development were made public.
UAE
NEWS…..contd.
Page 3 of 9 IICUAE – DOING BUSINESS IN THE UAE No.3, Jul – Sep 2016
The media have also revealed that another surprise visit of the Sheikh, was carried out by the sovereign in the International airport of the city, but the employees and officials of the Office for Immigration were all found in their place. The Sheik thanked the 9 officials who contributed to the development of the country, specifying that the country needs young figures that can offer quality services to citizens. According to Mona al-Marri, spokesman of the Press Office in the city of Dubai, the video and the words of Sheikh were "a clear message" to all the country's most important officials, who have the duty to lead by example. (Source: www.agi.it)
21.08.2016 The solar industry, in the MIDDLE EAST, has represented a great development. This growth gave companies the opportunity to operate in this sector and have a market in which to invest and promote their products.
Even if in the past you could think that Dubai and the UAE, could represent a favorable market for solar energy development and become in future the main country, whose economy of the future might focus on the field of green industry. First came DEWA’s record-breaking deal, for 200 megawatts (260MWp) phase II, Mohammed bin Rashid Solar Park solar plant, signed with a consortium lead by Saudi-based ACWA Power, securing the authority a global record low, meaning 5.84 cents/kWh for a 25-year power purchase agreement (PPA) starting in 2017. Therefore the authority announced its Shams Dubai initiative, finally allowing private sector to generate their own power through rooftop solar, while also connecting to the Dubai grid through a net metering scheme. (Source: www.thebig5hub.com)
SOLAR INDUSTRY QUARTERLY REPORT
UAE
NEWS…..contd.
Page 4 of 9 IICUAE – DOING BUSINESS IN THE UAE No.3, Jul – Sep 2016
NEWS FROM ITALY
THE SCIENTIFIC DELEGATION OF THE UAE MEETS THE ITALIAN RESEARCHERS
19.09.2016 – The delegation of the UAE of the ‘Research Program of the United Arab Emirates” has arrived in Italy to meet the Italian researchers, in order to give rise to fruitful scientific cooperation between the two countries. The discussion concerned the issue of the rainfall, and was conducted at the University of Bologna and Trieste. These meetings have involved Italian researchers belonging to the Department of Climatology of the “National Research Centre”. This was an opportunity, not only for the delegation from the UAE, but also for Italians who has had the opportunity to share ideas regarding artificial insemination of the clouds and be able to discuss possible future collaborations. Italian researchers have had the opportunity to assess the development opportunities offered by the UAE “Research Program for Rain Enhancement Science”, a program developed to make progress in the field of science, technology, and implementation of the insemination of the clouds and stimulate investments in the field of research. The chief of the delegation of the UAE, Mohamed Al Mheiri, and the Italian chief, Cristina Sabbioni have expressed the desire to collaborate and share the development and research achieved in the scientific field. The delegation from the UAE, after meeting with Italian researchers, participated in the “European Meteorological Society” in Trieste. (Source:www.agi.it)
MOHAMMAD ON OFFICIAL VISIT TO VATICAN
14.09.2014 Mohammad and Pope Francis to review efforts to promote tolerance, dialogue and coexistence
Abu Dhabi: His Highness Sheikh Mohammad Bin Zayed
Al Nahyan, Crown Prince of Abu Dhabi and Deputy
Supreme Commander of the UAE Armed Forces had
met Pope Francis to talked about efforts to promote
tolerance, dialogue and coexistence – values held by all
religions – as part of efforts to achieve security, peace
and stability in the region and the world.
Sheikh Mohammad arrived in Rome on the 13th of
September on an official visit to Vatican City where he
had also met Cardinal Pietro Parolin, Vatican Secretary
of State, and a number of other officials at the Vatican.
“On one hand it fosters the mutual diplomatic
relationship which has been established between the
UAE and the Holy See about nine years ago. Beyond
that there are common concerns regarding interfaith
dialogue, questions of peace and justice in the Region,
as well as the care for God’s creation as the common
house of all human beings”, said Bishop Hinder,
responsible for all Catholics in the UAE, Oman and
Yemen.
During a private audience, Pope Francis was formally
invited to visit the UAE and he was informed about the
climate of religious tolerance which is cause for
celebration among the Christian communities. This will
be an unprecedented event which will bring huge
encouragements and excitement for the estimated one
million Roman Catholics and other Christians who live
Page 4 of 9 IICUAE – DOING BUSINESS IN THE UAE No.3, Jul – Sep 2016
09.07.2016 Total trade between Italy and UAE touched a record of $7.9bn in 2015 Trade between the United Arab Emirates and Italy is set to grow, as the Emirates looks to diversify away from oil. Total trade between the two countries touched a record of $7.9bn in 2015, with Italy’s exports to the UAE standing at over $6.9bn and the country’s imports – mainly oil products and precious metals – touching $1bn. “In the past five years, the UAE has by far been the most important market for Italian products in the Middle East and North Africa region”, said Italian Ambassador to the UAE, Liborio Stellino. Looking ahead, Italy plans to increase its trade volumes with the UAE and the MENA region at large by diversifying into different sectors, such IT, green technology, aerospace, aviation and healthcare. Italy is suitably positioned by way of know-how and resources to partner with the UAE, particularly as the Country moves away from oil dependence, claimed Stellino. “The whole non-oil and post-oil economy should be the strategic target of Italian companies that are aiming to expand their businesses in the UAE”, he added. Looking ahead, Italy also sees the upcoming Expo Dubai 2020 as an opportunity to further grow its trade ties with the UAE. (Source: Gulf Business)
NEWS FROM ITALY
information materials and presentation of fruit and vegetable products, strictly tied to the territory of origin. This Freshness campaign began its promotion in Dubai, starting from June and involving more than 30 retail stores. Mauro Laghi affirms that the UAE market offers great opportunities for promotion, it also requires great quality, paying attention to the nutritional values of the product. According to EUROSTAT data, the flow of fruit and vegetable exports from Italy to UAE, over the past 3 years, has experienced a remarkable growth for the winter fruits (kiwi, apples, pears), but also summer fruits (plums, apricots, cherries, grapes). Exports for the 2015, has reached and exceeded 12000 tons. Renzo Balestro, head overseas of Apo fruit, says that the market is growing and that the summer promotion campaign is very positive. (Source:www.italiafruit.net)
04.07.2016 The Freshness project is funded by the EU, Italian State and CSO Italy with members of Apo Conerpo. This project aims to raise awareness of Italian products abroad. In the pre-summer promotion of food products, it become the protagonist of the United Arab Emirates, that promote and enhance Italian products through the slogan "Freshness from Europe". Summer products enter in Dubai through air travel from Italy, with the guarantee that the exported product maintains its freshness. Among the activities, that are included in the project for the United Arab Emirate, is the will to promote fruits and vegetables in several stores, with the distribution of
IICUAE – DOING BUSINESS IN THE UAE No.3, Jul – Sep 2016
21.07.2016 INTERNATIONALIZATION IN THE UNITED ARAB EMIRATES – CONFINDUSTRIA TRENTO On the 22nd of July, 2016 the Secretary General of the Italian Industry & Commerce Office in the UAE, Mr. Mauro Marzocchi attended the Seminar “Internationalization in the United Arab Emirates”, organized by the IICUAE’s representative, Avv. Massimo Fontana Ros. During the meeting, the Secretary General presented the UAE, talking about the most important topics, such: the high demand for Made In Italy products in the different sectors, the enormous growth and the deep change of the Country, the strategic position of Dubai as privileged channel for the export in the Middle East Area.
23.07.2016 PROMOTION OF THE AGRO-ALIMENTARY COMPANIES IN THE GCC – TARQUINIA (TV) The 23rd of July in the municipality of Tarquinia (VT), CAN Viterbo and Civitavecchia in collaboration with Lesam International Group and the Italian Industry & Commerce Office in the UAE organized the Seminar “Promotion of the agro-alimentary companies in the GCC”. The event was part of the internationalization project “Latium Living Design and Food” and it focused on the expansion of the local business in the Middle East and in particular, Dubai. The Secretary General of the IICUAE, Mauro Marzocchi, opened the Seminar with a country presentation and of its major topics and features.
28.08.2016 “EDUCAZIONE ALL’OPERA”
04.08.2016 NAZIONI A TAVOLA NORCIA Last 4th August, the Italian Industry & Commerce Office in the UAE attended the event “Nazioni A Tavola Norcia” with the representatives of the other Chambers of Commerce, among which Croatia, China, Brazil, Ireland and Mexico. The seminar saw the participation of more than 50 companies.
24.07.2016 TOSCANA ENDURANCE LIFESTYLE Organized by Sistema Eventi, Endurance Lifestyle is a sport competition in the equitation discipline. This year’s edition was held in Pisa, Tuscany and it was
attended by the IICUAE’s Secretary General, Mauro Marzocchi. Over the years, Endurance Lifestyle has become one of the most important rendezvous between the Italians and the Emiratis and business communities. The IICUAE together with Toscana Promozione has always put its efforts in fostering and reviving these ties between Italy and the UAE, especially in the informal occasion conceived to strengthen the roots of the Italy-UAE friendship. Endurance Lifestyle is a favorable moment for letting the UAE businessmen meet the Italian counterparts. The B2B meetings were organized during the days of the Endurance. IICUAE selected the UAE operators that participated in the business section and their travel and accommodation have also been arranged by IICUAE. The Pisa Chamber of Commerce handled and selected the Italian counterparts.
UAE
NEWS…..contd.
Page 6 of 9
IICUAE ACTIVITIES: SEMINARS, WORKSHOPS AND CALLS
IICUAE – DOING BUSINESS IN THE UAE No.3, Jul – Sep 2016
SEPTEMBER 2016 CLASSES TO CA’FOSCARI STUDENTS The IICUAE will be holding training lessons to a class of students of the Post Graduate Diploma IGAMI, in Ca’ Foscari University of Venice. Topic of discussion: business environment, UAE as business destination, export-import between Italy and UAE, trade legal framework, the IICUAE’s activities and services, B2B and trade missions, the UAE job market and Emirati Society.
25.09.2016 40 ANNI DI CNA CNA celebrated its 40th years anniversary on the 25th of August 2016 . The congress was attended by the Secretary General of the IICUAE, Mauro Marzocchi and was related to the history of CNA in the economical, social and institutional Piedmont context. It was also the occasion to present the book “40 anni di futuro”.
06.09.2016 H.E. Liborio Stellino, Italy’s Ambassador to the UAE visited H.E. Sheikh Mohammed bin Faisal Al Qassimi, Chairman and CEO of MANAFA LLC and Chairman of Italian Industry & Commerce Office in the UAE. The meeting was held at the H.E. Sheikh Hasher Bin Maktoum Al Maktoum’s Palace in Dubai and saw the participation of several IICUAE’s members, such the Vice-President Piero Ricotti, the BOD Member Roberto Granello and the Secretary General Mauro Marzocchi. The meeting was aimed at discussing various ways of enhancing the already thriving relationship between the two countries.
In collaboration with Dante Dubai Society, the IICUAE organized, on the 29th of August at the Millenium Plaza Hotel Dubai, a small conference named “Educazione all’Opera”. The seminar was organized in contemporary of the Opera opening and during the conference the two members of the Dante Dubai Society, Professors Caterina Marras and Cristina Ricci, introduced the famous “Il Barbiere di Siviglia” Opera, that was represented at the Dubai Opera. The conference saw the participation of the Italian Consul, Giovanni Favilli, the IICUAE’s Vice-president Piero Ricotti, the IICUAE’s Secretary General Mauro Marzocchi and the Dante Dubai Society’s President Ninni Melli.
26.09.2016 “ITALIAN ENTREPRENEURSHIP APPROACH TOWARD THE UAE’S MARKET”
The 26th of September 2016, at Paderno Dugnano (MI) a conference was organized and it was about the opportunities for the Italian business in the UAE, in particular in the context of Expo 2020 Dubai. The IICUAE’s Secretary General presented the country presentation and talked about the most important topics.
The Conference have been organized by one of the IICUAE’s Representative, Avv. Facchinetti, and saw also the participation of the Mayor Marco Alparone and of the Councilor, Ms Valentina Maria Polito.
UAE
NEWS…..contd.
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IICUAE ACTIVITIES: SEMINARS, WORKSHOPS AND CALLS
IICUAE – DOING BUSINESS IN THE UAE No.3, Jul – Sep 2016
12.10.2016 APERITIVO ITALIANO @LA BUSSOLA – SPECIAL GUEST: CHIARA APPENDINO, MAJOR OF TURIN (ITALY) The Mayor of Turin , Chiara Appendino was in the UAE to attend the Global Islamic Economy Summit in Dubai. IICUAE had the opportunity to meet her and the office organized an Aperitivo Italiano in the Ospitalita’ Italiana Restaurant, La Bussola. Before the Aperitivo, the Mayor, together with the IICUAE’s Secretary General Mr. Marzocchi visited the famous Italian Restaurant, Cipriani in Dubai and met the famous owner, Arrigo Cipriani. Mayor Chiara Appendino visited also the IICUAE’s office to discuss with the Secretary General several opportunities for business between Italy, Turin in particular and the UAE.
20.10.2016 DUBAI AND THE UAE AS POSSIBILITY FOR THE INTERNALIZATION OF THE ITALIAN COMPANIES In collaboration with Emirates Airline, the IICUAE organized a conference on the 20th of October at the Chamber of Commerce of Reggio Emilia. Different guests had taken part at the event, in particular the IICUAE’s Secretary General Mauro Marzocchi which introduced the services offered by the IICUAE in supporting the Italian Companies that want to operate in the UAE. IICUAE’s Representative Katia Goldoni and Mr. Lorenzo Donato, Corporate Sales Manager of Emirates, introduced the new business opportunities related to the new flight track between Bologna and the UAE.
27.09.2016 “BUSINESS IN THE UAE: OUTLOOKS AND OPPORTUNITIES” In collaboration with the Chamber of Commerce of Sondrio, the IICUAE organized a workshop of which the major topic have been “Business in the UAE”. Guests of the Conference includes the Chamber of Commerce of Sondrio’s President, Dott. Emanuele Bertolini, the IICUAE’s Secretary General, Mr. Mauro Marzocchi. Mr. Marzocchi introduced the major opportunities in the UAE for the Valtellina and Valchiavenna’s companies. A speech about specific topics was taken by two of the IICUAE’s representatives, Avv. Vido and Avv. Blaso which had talked, respectively, about the growth prospects in different sectors and about tax issues in the UAE. The conference was participated by more than 50 Italian companies.
UAE
NEWS…..contd.
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IICUAE ACTIVITIES: SEMINARS, WORKSHOPS AND CALLS
IICUAE – DOING BUSINESS IN THE UAE No.3, Jul – Sep 2016
IICUAE organized the ItalianLifestyleInDubai 2016 which was held at the Dubai World Trade Center from the 26th to the 28th of October 2016. The exhibition saw the participation of more than 100 companies, all of which operating in the fashion, beauty and accessories’ sectors. The exhibition was the first one ever hosted by the DWTC, being entirely dedicated to the Made In Italy. The opening ceremony was attended by some important guests, such as H.E. Sheikh Hasher Bin Maktoum Al Maktoum, the Italian Consul in the UAE, Ms Valentina Satta, and Mr. Gianpaolo Bruno, ICE’s President.
For this years convention it was held at Riva Del Garda, the event was participated by the representatives from the Italian Chambers of Commerce abroad. For the Italian Industry & Commerce Office in the UAE the Secretary General, Mr. Mauro Marzocchi and Mr. Giuseppe Ronchi, member of the IICUAE attended the event. The Chamber of Commerce of Trento and Bolzano, in collaboration with Assocamerestero , organized this years event.
22-25.10.2016 XXV EDITION OF THE GLOBAL CONVENTION OF THE ITALIAN CHAMBERS COMMERCE ABROAD
UAE
MEMBERSHIP….. contd.
We invite all companies and private individuals who are linked or interested in doing business between UAE and Italy to join
our growing network of members!!!!
At present the Chamber has enlisted more than 200 associate members, but this year in an effort to deliver more value and having implemented exceptional benefits to our members, we aim to increase our count by 50%. Our strength lies in our members and having a large number of members under our apex, also enhances our relationship with the local government authorities, institutions, municipalities, etc.which thereby proves to be an additional asset.
Becoming a member of our Chamber, entitles you to the following privileges:
Listing in the Members` Directory Access to the Chambers` extensive databases and various sources of information.
Access to discounted rates for services and activities in the UAE and Italy. The holder of the membership card will enable them avail of discounts in almost 52 countries within the assocamerestero network. Upon registration, you will receive a membership card that will entitle you to the listed discounts.
Assistance in a wide range of business areas, including: company trade lists, market studies, statist ical information, organization of business-related seminars and conferences. Current news and information from the Chamber's newsletter Current news and information from the new newsletter of Ospitalita’ Italiana Specialized invitations to the Chambers events such networking activities, the annual flagship event of the Chamber ‘The Italian Festival Weeks’ and Networking opportunities at the Chamber's business and promotional events which are attended by prominent members of the local and international business communities
Assistance in meetings with UAE governmental authorities on matters of interest to the local enterprises and the community in general, such as the Dubai Municipality for customs, or on the inheritance laws in the UAE, banks, cultural associations of Bastakia, etc. Access to a comprehensive listing of associate partners offering discounts to all our members in the UAE (as attached herewith).
We look forward to welcoming you aboard and serving you in the coming year. Should you require an y further clarifications on our Chamber, we would be more than pleased to provide you with the same.
