Dubai – United Arab Emirates,14th of November, 2016 : Under the patronage of H.E. Sultan Bin Saeed Al Mansouri, UAE Minister of Economy, His Excellency Sami Al Qamzi, Director General of the Dubai Department of Economic Development (DED), inaugurated today the 1st edition of The Global Franchise Market (TGFM) that is being held at the Dubai International Convention and Exhibition Centre.
Following the opening ceremony, Al Qamzi accompanied by key officials, businessmen and top-notch speakers had a tour in the exhibition area where they explored the latest local and international brands, products, and services highlighted by more than 60 participating exhibitors.
“Franchisee businesses have contributed substantially to the strength and diversity of the economy in the UAE, and Dubai particularly counts franchising as a key enabler of investment attraction, entrepreneurship and economic development. The present policy focus of Dubai and the UAE in general presents vast opportunities for investors to expand the franchising model to specialized services, from traditional strongholds like retail, real estate management and food and beverages,” commented Al Qamzi.