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Sep, 23 2011

Over 70 to participate in second edition of Franchise UAE 2011

The second edition of Franchise UAE 2011, an international franchise, retail and business opportunity show will be held at Crowne Plaza Hotel, Deira, Dubai, on October 1 and 2, 2011.

Over 70 to participate in second edition of Franchise UAE 2011
The second edition of Franchise UAE 2011, an international franchise, retail and business opportunity show will be held at Crowne Plaza Hotel, Deira, Dubai, on October 1 and 2, 2011.  Over 70 local and international brands have confirmed their participation in the two day event. The event will be hosted 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. The  event's associate sponser is Hamriya Free Zone Authority. The exhibitors from UAE, India, Italy, Iceland, Qatar, Turkey,  Saudi Arabia, Bahrain etc will showcase their business opportunities. The brands namely 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 are seeking expansion in the UAE and other GCC countries. The exhibitors from UAE will be brands like Binhendi, NMC, British Orchard, Precise group etc. 

Gaurav Marya, Managing Director, Franchise Middle East, says, "Franchising has undergone a dramatic transformation in the Gulf over the 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 ready to go global. However, there is an urgent need for governments to creating proactive investment boards 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." 

Franchise UAE in its first edition, generated business deals valued at over US$ 10 million. Emirati investors accomplished one third of the agreements. More than 50 brands form diverse business segments and 800 investors, especially women had attended the event.

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