Monday, January 27, 2014

Dubai Export Development Corporation Opens trade office in Mumbai to facilitate Exports from Dubai

Dubai Export Development Corporation

The official opening of the Dubai Exports Trade Office in Mumbai. The opening of a Trade Office today is an occasion of unprecedented significance  as it marks five years since DEDC started a presence in India. The first Trade Office was established in New Delhi and now a new one has come to Mumbai.  This is a reflection of the growing importance of India and the longstanding ties between the two respective countries. This special relationship is underpinned by the high level of bilateral trade which has continuously increased over time. Therefore, it’s no surprise to find that India is Dubai’s major trading partner. The economic and entrepreneurial dynamism in the country,  opens the door to Dubai firms to partner and work with counterparts in India. Through, the DEDC presence in India  support has been extended to UAE firms as well as facilitation for connecting Indian companies with counterparts in the UAE. In this regard the first international exhibition held by Dubai Exports was in India. Similarly, the first outward mission was also to India in the ever important jewellery sector.

Today’s momentous occasion marks the dawn of a new chapter in bilateral trade activities. In conjunction with the opening of the Dubai Exports Mumbai Trade Office an announcement was made about further measures to reinforce the progress that has been made as a result of DEDC presence in India over the last five years to promote bilateral trade. Dubai Exports has developed the Buyer Programme which is a unique solution that assists firms in India to connect with suppliers from the UAE in an efficient and cost effective manner. This programme will allow you to extend your procurement base. Dubai Exports also has developed the Investment for Re-Export programme which is a unique solution that assists Indian firms to export to the wider region using Dubai as their hub. the third programme is the Export From Dubai initiative which seeks to help companies established in the emiratea to take advantage of the many opportunities that it has especially in the manufacturing sector. Dubai has been very successful in attracting global businesses in a diverse range of sectors. Dubai has a very favourable business environment with no direct taxes on corporate profits or personal income, very low customs duties which are low at 5%, advantageous geographical location, a stable economy and a gateway to over 1.5 billion potential consumers with a relatively high disposal income. Dubai has excellent logistics infrastructure with the world’s sixth largest port served by over 85 shipping lines connecting the emirate with all major ports. Also, the emirate is serviced by over 120 airlines connecting it with almost every country in the world.

This month also marks one year since His Highness Shaikh Mohammed bin Rashid Al Maktoum the ruler of Dubai and Vice President of the UAE announced the launch of Dubai Islamic Economy initiative. As a part of this Dubai Exports is leading the Halal Manufacturing and Promotion aspects.We strongly believe that Dubai and the UAE has the leading products and services in the area of halal goods and Shariah compliant services.
The primary aim of the OTOs is to provide exporters with ‘on the ground’ support and information

To overcome the inherent weaknesses of importers to connect with small and medium sized firms (SMEs) who tend not to have an overseas representative office.

To overcome the sheer distance of some markets hinders firms from sourcing  from the UAE.

Importers can truly source from the UAE if they have the appropriate information and OTOs with their close proximity to suppliers can assist firms  to find or exploit market opportunities.

Various types of trade barriers act as a disincentive to exporters to enter a particular market for sourcing 

The Men in charge of the DEDC

H. E. Eng. Saed Mohamed Al Awadi
                                                                                                  
Current Positions:

CEO, Dubai Export Development Corporation
MD and CEO, Export Credit Insurance Co. of Emirates


Masters in Environmental Management.
Bachelor of Chemical and Petroleum Engineering,
Executive MBA, Wharton Business School, University of Pennsylvania.
Eng. Saed Mohamed Al Awadi, is currently the Chief Executive Officer of Dubai Export Development Corporation (DEDC), which is the first export promotion agency in the UAE. He is also the Managing Director and Chief Executive Officer of the Export Credit Insurance Company of the Emirates which is the first company of its type in the country. Prior to this he was the Chief Operating Officer at the Environmental Health and Safety which is the regulatory arm of Dubai World. Saed is also the Vice-Chairman of M’Sharie which is part of Dubai Investment the largest investment company listed on the Dubai Financial market. Saed is also on the Board of Directors of the Emirates Standardization and Metrology Authority which is the national reference pointy for the World Trade Organisation for technical regulations and standards.
Saed holds a degree in Chemical and Petroleum Engineering, with a Masters in Environmental Engineering, and an Executive MBA from Wharton Business School, University of Pennsylvania. His leadership skills have also resulted in several awards including the Dubai Government Excellence Programme Technical Employee Award, Distinguished Government Department Award amongst others. Saed has presented papers in the area of Environmental and safety issues. His more recent research interests have been in the field of export promotion and credit insurance. 



Mohammed Ali Al Kamali
Director of Export Markets Development – Dubai Exports
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Mohammed has over a decade of experience at a senior level in the areas of International Marketing, Trade Promotion and large scale Event Management both in the private and public sector. He is currently, the Director, International Export Markets Development at Dubai Exports. In his current role Mohammed has been instrumental in increasing the value and diversity of exports from the emirate. In particular Mohammed has been hugely successful in encouraging the small and medium sized enterprises to enter the international arena through a range of innovative programme and measures. Mohammed is also active at the emirate and federal level in developing the trade sector through various committees and policy groups. Prior to his current role at Dubai Exports, Mohammed was responsible for the global promotion of the hugely successful retail sector events at namely the Dubai Shopping Festival, Dubai Summer Surprises and Eid in Dubai. Some of his many achievements at Dubai Events have included achieving one of the highest levels of sponsorship through their active engagement of sponsors, creating a global recognition of Dubai as a venue for retail events. Mohammed’s many achievements and successes at Dubai Events have been recognized through his nomination in several cross governmental committees and working groups including the Supreme Committee of National Day Celebrations across the city of Dubai for 2 years, and also managing the strategy for promoting Dubai Trade Overseas, as well as a member of more than 5 joint committees between the United Arab Emirates and other countries.
Mohammed has been awarded various prizes for his contribution to Dubai Events and is recognized as, “one of the most dynamic individuals in this field” by a high level seniors and Committees in the country. The great contribution of Mohammed in various Government areas has led him to be the “Distinguished Government Employee” at the Department of Economic Development in Dubai Government. Moreover,  he was nominated to be a member of the Adjudicating Panel of the International Trade Centre in Geneva 2014-2016 rounds for the Trade Promotion Agencies Awards
Mohammed is an active columnist with regular features in print and online media dealing with a variety of topical issues facing the business community in the UAE, and he is also presented at both regional and international conferences and seminars in the areas of destination and event marketing as well as trade promotion. He is also part of non-profit organizations in the areas of education and social development. Mohammed is a graduate in Marketing Management with a Bachelor Degree and Higher Diploma in Business Administration from the Higher Colleges of Technology in UAE and has various professional qualifications in the area.


Dr Ashraf A. Mahate
BSc.(Hons.), MSc.(Econ.), PhD.(Finance),Dip.H.E., MCIM, MInstCM, ACAMS

Head of Export Market Intelligence
Dubai Exports

Dr Ashraf Mahate

Dr Ashraf Mahate has actively been involved in researching in the areas of economics, banking, and finance for over 22 years in the UAE and previously in the UK. Currently, Dr Mahate is the Head of Export Market Intelligence at the Dubai Exports which is an agency of the Dubai Economic Department. Dr Mahate is also part of various emirate and federal level committees examining Free Trade Agreements and Double Taxation.
Dr Mahate has written a number of journal articles, chapters in books and edited books in the areas of economics, finance and banking. He has also presented papers at major international conferences. Dr Mahate has provided extensive consultancy services to various organisations. Dr Mahate is well known for his regular articles in Gulf News, SME Advisor Middle East, Trade and Export Middle East amongst others.
Dr Mahate received his is doctorate from Cass Business School City University  London (UK). He read Economics at University College London which is one of the principal colleges within the University of London followed by a Masters in International Economics and Banking at the University of Wales in Cardiff. Dr Mahate is a professional educator and received his training at the Institute of Education (University of London). Dr Mahate is a member of the Chartered Institute of Managers (UK) and a Member of the Institute of Commercial Management (UK). Dr Mahate is also a member of the Association of Certified Anti-Money Laundering Specialists (ACAMS).
Dubai Exports Mumbai Office

Rajesh Kadam
Dubai Exports
Business Development Manager
Trade Representative Office – India
1104 Arcadia, 11th Floor, NCPA
Marg,
Nariman Point, Mumbai – 400021, India
Phone    +91 22 6517 2274
Fax        +91 22 2282 8835
Mobile    +91 98214 10799
Email     
oto.india@dedc.gov.ae
Website 
www.dedc.gov.ae

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