aswaq february issue 2013

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ASWAQ February Issue 2013


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Malaysia and the Arab World

Arabic English Monthly Magazine (15th of Every Month), Issue 50, February 2013 / PP 16000/07/2013(032927)

Dubai Chamber of Commerce & Industry

Leading Dubai on the Path to Economic ProgressUAEs Tasweek to Hand Over Malaysia Projects

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Your Guide To Malaysia

United Arab Emirates Dubai, Deira, Abu Hail, New Sa a Building, M. Floor, O ce 53A Tel: +971 4 2972740, 2971577 Mob.: +971 50 646 97 51 E-mail:

Malaysia 23B, Jalan Mamanda 4, Ampang Point, Taman Dato Ahmad Razali 68000, Selangor DE. Tel: +603 4253 2978 / 79



Dubai, Deira, Abu Hail, New Safia Building, M. Floor, Office 53A Tel: +971 4 2972740, 2971577 Mob.: +971 50 646 97 51 E-mail:


23B, Jalan Mamanda 4, Ampang Point, Taman Dato Ahmad Razali 68000, Selangor DE. Tel: +603 4253 2978 / 79

Chairman Dato Noor Mohamad Executive Editor-in-Chief & DG Dr. Abdulrahim Abdulwahid Consultant Board Datuk Seri Azman Ujang Dato Tuan Ibrahim Executive Manager Alaa Abdulwahid PR and Publishing Manager Giath Fowze Admin. and Financial Manager Mahomoud Redwan Hejazy Sara Yasmin Editing Secretary Anas Salman Editorial Maher Ibrahim Yusuf Waswas Eiad Mahmoud Yousuf Abdul Karem Al Jamal Heba Mostafa Hashem Zanib Abdulrahim Mahmoud jaber Public Relations Basem Ayad Art Director Imam Alwaery Marketing Amal Mahfoudh Loubna Tawfiq Distribution Centers Malaysia, UAE, Saudi Arabia, Qatar, Kuwait and Oman Website Manager Ammar Janu Web. E-Mail Printing Kuan Press Sdn Bhd No. 8 & 9, Jalan SR 3/7 Taman Serdang Raya, Section 3, 43300 Seri Kembangan, Selangor Darul Ehsan,Malaysia

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ASWAQ Magazine | February 2013

Economic News

Economic News Supervises the Business Community Dubai Chamber also supervises the interests and affairs of the business community, reviews their suggestions and facilitates their participation in regional and international economic activities. It also works on attracting investments to Dubai through introducing the investment opportunities available in the Emirate through outbound trade missions and opens new channels of communication with other foreign trading centres and commercial entities visiting Dubai with their trade delegations. Building strong international links is a major focus of Dubai Chamber in 2013. The organisation has a close relationship with the International Chamber of Commerce (ICC) as its Director General, H.E. Hamad Buamim, is Deputy Chairman of the World Chambers Federation (WCF), the ICCs arm responsible for chambers of commerce affairs for a three-year mandate which started in January. Previously, he served as one of the five Vice Chairs of WCF responsible for the Middle East region and concluded his three-year term at the end of last year. Exploring new markets is a strategic priority for the organisation as it seeks to promote its members abroad and has already opened its first overseas representative office in Baku, Azerbaijan and is ready to expand its global presence through several representative offices in promising markets of the world. At the same time, the non-profit organisation offers a wide range of services and initiatives to create a favourable business environment and encourage private sector growth in the Emirate. With part of its focus to increase Dubais competitiveness and enhance the Emirates business-friendly climate through policy advocacy and building strong links with Dubais public sector,Dubai Chamber has 41 country-specific business councils and 26 sector-specific business groups operating under its umbrella. Promotes the Services As part of its innovative approach to communicate with its members and stakeholders and in line with best international chamber practices, Dubai Chamber promotes its services amongst its local, regional and global partners through informative leaflets, brochures, research publications, ASWAQ Magazine | February 2013 7

Dubai Chamber of Commerce & Industry

Leading Dubai on the Path to Economic ProgressDubai The Dubai Chamber of Commerce and Industry since its inception in 1965 has been an integral part of Dubais history which is sipped in its age-old sea-faring and business tradition. Today, this apex facilitator of trade and commerce is a leading chamber of commerce in the region and has kept pace with the rise of Dubai as one of the fastest growing cities in the world. Interestingly, its early membership figures of 450 members soared to over 140,000 by the end of 2012, thanks to the outstanding value-added services and facilities Dubai Chamber provides the business community in Dubai to help them develop their commercial activities and enhance their competitiveness in the global market. Leading Chamber Working deeply into its role as a leading chamber of commerce in the country and the region, Dubai Chamber has set a goal of becoming one of the best chambers in the world by implementing key activities of the best international chambers of commerce including the implementation of policy advocacy, promoting trade and business development, conducting economic research and studies and providing basic and specialised services. According to its strategic objective, Dubai Chamber plays a crucial role in highlighting Dubai as an international business hub, dedicating all its international relations to fulfill this goal through continually supporting the business community in Dubai and reacting with the economic changes worldwide. The Chamber has a clear vision to be recognised as an indispensable source of competitive advantage for the business community in Dubai. Moreover, Dubai Chambers mission is to represent, support and protect the interests of the business community by providing value-added services through which the Chamber reinforces their activities, promotes investment opportunities and activates the business 6 ASWAQ Magazine | February 2013

Dubai Chamber of Commerce and Industry newspaper and magazine advertisements, streetside billboards, Chamber TV and a user-friendly website offering a wide array of e-services. The non-profit organisation has initiated a wide range of services and initiatives to create a favourable image of Dubai worldwide as a business friendly city. The various Dubai Chamber initiatives that seek to enhance the reputation of businesses in Dubai include the Mohammed bin Rashid Al Maktoum Business Award, the Centre for Responsible Business, Dubai International Arbitration Centre (DIAC), the University of Dubai, and Dubai Business Women Council which encourages and nurtures young female entrepreneurs.

Dubai Chamber of Commerce and Industry environment. It voices the concerns of the business community and influences policies of interests to its members and to local, regional and international authorities. Managed by a 24-member board of directors and a Director General managing the day-to-day affairs, Dubai Chamber has a head office, a main branch and a number of representative offices located in different parts of Dubai with the aim to facilitate the delivery of its outstanding services to the members wherever they work from. The branch/representative offices are located at Jebel Ali Free Zone, JAFZA 14, Dubai Airport Free Zone, and Al Aweer.

Economic News

Economic News

Dubai Chambers Strategy and Achievements

Dubai Chamber Workshop Raises Awareness of Online TradingDubai In order to provide its members with an easy access to online trading, the Dubai Chamber of Commerce and Industry recently organized a first-of-its-kind training workshop in the region to raise awareness about the benefits of doing business through an e-commerce platform. Dubai Chamber has partnered with, a leading global e-commerce platform for small and big businesses, to provide its members with an exclusive opportunity to take their business to the next level and to help create new market opportunities. Attendees came from different economic sectors, to participate in the training workshop geared towards acquainting them on how to upload and create their own catalogue on and strategically use the platform to trade in the global market more efficiently while gaining competitive advantage.

Dubai Dubai Chamber of Commerce and Industry puts sustainability at the heart of all its operations. As the main representative of Dubais private sector, its not only encourages businesses to become more environmentally-friendly, but it also works to strengthen investment in renewable energy, green technologies and waste and water management in the Emirate.

Forming strategic partnerships with industry leaders is one way Dubai Chamber helps to encourage investment in Dubais eco-industries. This is part of Dubai Chambers green strategy and has seen high level discussions focus on sustainability and green technologies at the last Dubai-Hamburg Business Forum held in Dubai. Dubai Chamber helps encourage the business community to be less wasteful and more environmentally conscious through its