Creative industries Opportunities

An Expert's View about Sales in the United Arab Emirates

Last updated: 21 Mar 2011

The outlook for retail remains upbeat, in spite of challenging economic conditions. A study by the Dubai Chamber of Commerce and Industry (DCCI) attributes recent retail growth to high per capita income levels and the introduction of modern retail concepts.

Sector briefing Creative industries in the United Arab Emirates Why the UAE? ? The outlook for retail remains upbeat, in spite of challenging economic conditions. A study by the Dubai Chamber of Commerce and Industry (DCCI) attributes recent retail growth to high per capita income levels and the introduction of modern retail concepts. ? The value of interior design contracting and fit-outs within the six countries comprising the Gulf Cooperation Council (GCC) grew by almost 90% between 2009 and 2010, with a total value of $22 billion over that period. ? In construction, the UAE took the lion?s share of GCC hospitality-related projects worth almost £20 billion between 2009 and See the UKTI website for general information 2010. about the UAE. The ?Doing business? guide includes an overview of the economy, business ? Over 2010 the media and arts sectors saw culture, potential opportunities and other a number of exciting projects designed to relevant issues. help local media personnel benefit from the experience of international organisations. Examples include specialist editing courses, the ambitious Television Audience Measurement (TAM) project, a new animation training academy, six film projects and the start of building works on the Louvre Abu Dhabi. UK Trade & Investment Sector briefing: creative and media sectors in the UAE Opportunities Major events and activities Retail and fashion Major upcoming events include: New shopping mall developments are likely to ? Office Show (May 2011) produce opportunities for UK companies with ? UAE interiors (May 2011) expertise in architecture, retail design and ? Hotel Show ? TBC (May 2011) interior design. ? Index Exhibition (October 2011) ? Majid Al Futtaim is constructing four shopping malls in the Middle East (UAE, For details of events related to this country or Syria, Beirut and Cairo). sector, use the events search on the UKTI ? Al Futtaim group is construction Cairo website or register to receive regular updates. Festival city. New export events are added daily. ? The Mall of Arabia in Dubai will open in 2012. UKTI?s Tradeshow Access Programme (TAP) provides grant support for eligible Small & Design and architecture Medium Sized Enterprises (SMEs) to attend Starwood has announced 20 more hotels in trade shows overseas. the MENA region, out of which nine will be in Dubai. The UAE rail programme will introduce, for the first time, a rail network linking all 7 of the United Arab Emirates, with a total estimated budget of £11 billion. Site works began in Q4 2010 with project completion scheduled for Q2 2018. The first phase of the project will focus on infrastructure but phase two - railway station design ? is likely to bring opportunities in the creative industries. UK architect Zaha Hadid is designing an Opera House for the UAE, and the massive culture development on Sayidaat island may create opportunities for companies with expertise in museum design. The value of healthcare projects either planned or underway in GCC states is estimated at $10 billion. More than 200 hospital development projects are expected to be delivered by 2015. Of the top six GCC healthcare projects recently covered by Construction Week, three are in the UAE: ? Cleveland Clinic Hospital, a 360-bed facility based on Al Sowah Island in Abu Dhabi (US $1.9 billion) ? Al Mafraq Hospital (US $871 million) ? Danat Al Emarat Women and Children?s Hospital, which will include a spa and wellness centre alongside traditional medical services and a neonatal intensive care unit (US $200 million) UK Trade & Investment Sector briefing: creative and media sectors in the UAE Next steps - how UKTI can UKTI contact help Ms Iman Zaky Creative Industries Sector Lead British companies wishing to develop their Tel: + 971 4 3094237 business in the UAE are advised to undertake iman.zaky@fco.gov.uk as much market research and planning as possible in the UK. UKTI?s team in the UAE, with its wide local knowledge and experience, can provide a range of services to British-based companies wishing to grow their business in global markets. This can include: ? Provision of market information ? Validated lists of agents/distributors ? Key market players or potential customers in the Romanian market ? Establishment of interest of such contacts in working with you ? Arranging appointments ? Organise seminars or other events for you to meet contacts and promote your company in the Romanian market This work is available via our Overseas Market Introduction Service (OMIS), a chargeable service which assists British-based companies wishing to enter or expand their business in overseas markets. To find out more about commissioning this work, or accessing other UKTI services and specialist advice, contact your local UKTI office. Whereas every effort has been made to ensure that information provided through this document is accurate, these Commercial Departments, UKTI, the FCO and BIS accept no liability for any errors, omissions or misleading statements in such information and accept no responsibility as to the standing of any firm, company or individual mentioned. Any party interested in the goods or services provided by any company referred to in this material should undertake their own research and should not consider a reference in this material to be an endorsement of any goods, services or companies mentioned. Published 2011 by UK Trade & Investment. Crown Copyright © UK Trade & Investment Sector briefing: creative and media sectors in the UAE
Posted: 21 March 2011, last updated 21 March 2011

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