International Franchise Exhibition kicks off in Abu Dhabi

Abu Dhabi 22-10-2019
His Excellency Saif Mohammed Al Hajri, Chairman of the Department of Economic Development in Abu Dhabi, officially inaugurated the seventh edition of the International Franchise Exhibition organized by the Abu Dhabi Chamber of Commerce and Industry in strategic partnership with the Emirates Franchise Development Association at the Abu Dhabi National Exhibition Center.
The opening ceremony was attended by HE Ibrahim Al Mahmoud, First Deputy Chairman of the Abu Dhabi Chamber, a number of members of the Board, HE Mohamed Hilal Al Muhairi, Director General of the Chamber, Dr. Hatem Zaki, Secretary General of the World Franchise Council, representatives of the National Franchise Associations of more than 42 countries and a number of officials from Emirate of Abu Dhabi.
HE Mohammed Hilal Al Muhairi said: “We are honored to organize the seventh edition of the International Franchise Exhibition in Abu Dhabi, which aims to create greater awareness of the franchise sector which is one of the pillars of the modern economy and to introduce local investors to the available opportunities. To identify international best practices, preserve the rights of local investors and avoid unhealthy practices. ”
According to the latest survey by the World Franchise Council, on the international economic impact of the franchise sector, it is estimated that about 2.6 million licensed companies support more than 29 million jobs worldwide. The franchise sector also contributes 2.7%. Average of the national GDP in the countries with this sector.
“We are honored to host the 51st World Franchise Council meeting in Abu Dhabi and the Franchise International Fair. As part of the meeting, we have had the opportunity to meet the leaders of the franchise community from more than 42 countries and have had in-depth discussions on the new challenges facing the franchise industry,” he added. Global franchising, potential solutions and opportunities for bilateral and regional cooperation among members of the World Franchising Council. ”
Dr. Hatem Zaki said: “The franchise sector has grown around the world and various international markets have accepted this business model.
Within the UAE in particular, local and international brands continue to grow in a wide range of sectors including food and beverage, retail fashion, beauty, healthcare and education. The UAE Franchise Association has played a leading role in promoting To excellence the regional business model. ”
The World Council of Franchise has decided to hold its 51st meeting in the UAE along with the Franchise Fair due to the importance of the UAE as a global platform and the leading regional and international role of the Emirates Franchise Development Association (franchise). For innovation to be an integral part of the franchise business model. ”
The Franchise International Fair provides an ideal platform that brings together international and local brands, enabling them to interact with business investors, and showcase innovative and unique business concepts to potential franchise owners, SMEs and entrepreneurs.
The two-day event will host more than 100 international and local exhibitors from more than 15 diverse sectors, including tourism and leisure, real estate, fashion, hospitality, information technology, financial institutions, trade, transport, healthcare, pharmaceuticals, and education. , Food & Beverage, Retail, Education & Training, Safety & Security, Manufacturing & Maintenance, as well as Franchise Associations & Associations, Specialists & Experts.