Attracting more than 5,000 visitors
International Franchise Exhibition 2019 concludes its activities
27 million Dirhams Value of Deals Signed at International Franchise Exhibition
The seventh edition of the International Franchise Exhibition, organized by Abu Dhabi Chamber of Commerce and Industry in strategic partnership with Emirates Association for Franchise Development, was attended by over 5,000 visitors including investors, business-owners, SMEs and entrepreneurs resulting in a number of deals being signed at the event, with a value of over AED 27,232,000.
H.E. Mohamed Helal Al Mheiri, Director General of the Abu Dhabi Chamber, said, “The seventh edition of the International Franchise Exhibition has been a huge success. The exhibition hosted over 100 international and local exhibitors from over 15 different sectors and we have witnessed new deals and collaborations come into effect. This exhibition has proven to be a successful platform for local investors, prospective franchisees, SMEs, as well as entrepreneurs to showcase their businesses and secure investments. The new deals signed at the event are a clear indication of the opportunities for franchise growth here in the UAE.”
He added: “We have also been delighted to have had the opportunity to host the 51st World Franchise Council meeting and meet with leaders of the franchise community from over 42 countries from across the world including USA, Russia, Portugal, Egypt, Singapore, UK and China who gathered to discuss the main challenges facing emerging franchising worldwide such as government legislation, policies and best practices. We had the opportunity to show the representatives, the innovative and unique business concepts in the region and potential opportunities for collaboration and the forthcoming outcomes from this meeting we are sure will continue to drive the franchise market not only here in the UAE but globally.”
The two-day International Franchise Exhibition provided workshops and interactive sessions providing an important platform for communication with major international and local brands to engage investors, in addition to showcasing ideas for new and innovative projects from SMEs and pioneering businesses and entrepreneurs presenting Franchise opportunities. IFE will return to Abu Dhabi in 2020.