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【Project background】
The UAE's superior business environment
As the logistics, trade, finance and e-commerce center of MENA (the abbreviation of Middle East and North Africa), the UAE is a country with a high degree of internationalization and strong global competitiveness in the Middle East and North Africa, and is a must-win place for global companies to open up the MENA market. At the same time, the UAE is also one of the first Arab countries to join the joint construction of the "Belt and Road" and has maintained a close interactive and cooperative relationship with China for a long time. According to data, on the one hand, China has maintained its position as the UAE's first major trading partner for many years, becoming the UAE's largest non-oil product trading partner and the UAE's second largest crude oil export market; on the other hand, the UAE is also China's largest investment destination among Arab countries.
Abu Dhabi is the capital of the UAE, where many key projects of the Belt and Road cooperation between China and the UAE have been implemented, such as the China-UAE Industrial Capacity Cooperation Demonstration Zone. Abu Dhabi has a good business environment and provides many incentives and free trade zones for foreign-funded enterprises. At the same time, it has also invested heavily in high-tech fields such as renewable energy, biotechnology and artificial intelligence, which just coincide with China's key development industries. Abu Dhabi has emerged as a global economic powerhouse and a hotbed for the booming development of all walks of life. Currently, more than a thousand active manufacturers in Abu Dhabi have a total capital investment of US$105 billion in 2022.
Dubai, the most populous city in the UAE, is more a leading global investment hotspot. According to statistics from the Dubai Investment Development Authority, Dubai attracted a record 418 greenfield foreign direct investment projects in 2021, ranking first in the world. In addition, in terms of foreign direct investment capital inflows, Dubai ranks first in the Middle East and North Africa and third in the world. Recently, Mohammed bin Rashid, Vice President and Prime Minister of the UAE and Ruler of Dubai, announced a new economic development plan "D33". The plan lasts for 10 years and aims to double the total economic output by 2033, making Dubai an international city ranked among the top three in the world in terms of economic strength, and one of the four major financial centers in the world.
Advantages of Chinese companies doing business in the UAE
The new energy vehicle industry has attracted Middle Eastern capital to continue to invest heavily: 40 billion yuan in Saudi Arabia and 8 billion yuan in the UAE. It is worth noting that the investment of Middle Eastern capital in Chinese new energy companies is not limited to financial investment, but seeking economic cooperation and deepening industrial chain cooperation through capital is what Middle Eastern capital values more. The Saudi Arabian investment department has reached an agreement with Chinese new energy vehicle company Human Horizons to establish a joint venture in Saudi Arabia to manufacture new energy vehicles locally. Such a cooperation model can not only help Middle Eastern countries improve their new energy vehicle manufacturing capabilities, but also open up a broader market space for Chinese companies. The development advantages of China's new energy vehicles have attracted heavy investment from Middle Eastern capital. For Chinese local companies, being able to attract such "tycoon" investors in the Middle East will help the company's longer-term development and deeper research and development of new products, which is a win-win situation for both China and the Arab world.
Go to the UAE to explore the new blue ocean of the era, seize new business opportunities, and open a new window for corporate expansion! MICI Group has dedicated to creating a "Business opportunity inspection and exploration trip to New Middle East in the post-epidemic era"!
【Itinerary highlights】
● Experience the real Middle East and explore business opportunities in 3 UAE core cities
The most populous city in the UAE and the commercial capital of the UAE - Dubai
The capital and largest emirate of the United Arab Emirates, the emirate with the largest oil resource and economic power in UAE- ABU Dhabi
● 6 major visiting themes, in-depth investigations in multiple industries, to understand the development status and business environment of the UAE
Business environment-Why has the UAE become the preferred destination for Chinese companies to land in the Middle East?
Cross-border e-commerce-How is the most dynamic e-commerce market in the Middle East created?
Retail consumption-How does Dubai attract global consumers to become a shopper's paradise?
Innovation ecology-How does the UAE create a high-tech industry to lead the development of the Middle East?
Foresee the future-How do geopolitics and technological innovation affect the future of the UAE?
Opportunities of the times-How can Chinese entrepreneurs seize opportunities and usher in a new era of China-UAE?
● Dialogue with experts from prestigious universities to gain an in-depth understanding of the current economic situation and investment opportunities in the UAE
“Overview of the UAE Economy and Business Opportunities” - Director of the Innovation Incubation Center of Amity University in Dubai
● Visit and exchange with 7 well-known government and enterprises in the UAE, accurately link high-quality government and enterprise resources, to find cross-border overseas and industrial cooperation opportunities
Very large intelligent logistics industrial park in the Middle East - polar rabbit Express
The ideal gateway to the Middle East - the DAFZ Free Trade Zone
The world's largest man-made port, one of Dubai's most popular investment destinations - Jebe Ali Free Trade Zone (JAFZA)
One of the largest stockists of electrical components in the Middle East - AL Khoory
One of the largest e-commerce platforms in the Middle East and North Africa - Noon
The important project of the Belt and Road Initiative - The China-UAE Industrial Capacity Cooperation Demonstration Zone
A green utopia in the desert - Masdar City
● Deep cultural experience, feel uniquely Middle Eastern
Al Fahidi Historical Neighbourhood, Arabian Afternoon Tea, Bluewaters Island, Sheikh Zaid Mosque, Louvre ABU Dhabi, ABU Dhabi Presidential Palace
【Itinerary arrangement】
Day1 From China to Dubai
Whole day: Arrival in Dubai
City Guide: Dubai is the most populous city in the United Arab Emirates and the capital of Dubai Emirate, one of the seven emirates in the country. As the economic and financial center of the Middle East, Dubai is one of the fastest growing and innovative cities in the world, attracting more and more investors to invest and settle here. Dubai also attracts the world's attention through large-scale construction projects and sporting events, with the world's tallest man-made structure, the Burj Khalifa, and the world's largest artificial island project, the Palm Island.
P.M.: Cultural experience
Featured experience: Al Fahidi Historical Neighbourhood tour + Arabian afternoon tea experience
Recommended reason: Experience the history, culture and food culture of the UAE
Attractions Introduction: Travel back in time to one of Dubai's oldest residential areas and wander through the maze of alleyways in Al Fahidi Historic Neighborhood. Traditional sand houses, once home to traders on Dubai Bay, have been transformed into boutiques, cafes and art galleries. Among the more prestigious are the XVA Gallery, which showcases the work of local artists; the Arabic Calligraphy House, which is dedicated to the ancient art form of Arabic calligraphy; and the Museum of the Poet Al Oqaili, one of the most important classical Arabic poets in history, which offers a special journey through the poet's eyes. People can also shop at the old market and sample street food, Arabic coffee and other delicacies here.
Day2 In Dubai
A.M.: Lecture at Amity University
Lecture Theme: Overview of the UAE Economy and Business Opportunities
Lecturer: Director of the Innovation Incubation Center of Amity University in Dubai
Harvest: Learn about the UAE economy and investment opportunities
Lecture description: The UAE is one of the oldest countries in the Middle East, and it is also one of the most stable and wealthy countries in the region, with rich oil and gas resources. In IMD's 2023 World Competitiveness Ranking, the UAE ranked first in the Middle East and North Africa for seven consecutive years and ranked tenth in the global. For foreign traders, what development potential does the UAE have? How to seize this market? How to develop potential customers here? This lecture will tell you!
P.M.: Business Visit - J&T Express
Conference theme: Discover New opportunities in the Middle East from J&T Express's project
Harvest: Learn the operation mode of smart logistics and discover new opportunities in the Middle East from J&T Express projects
Company profile: J&T Express is a global integrated logistics service operator, and its express delivery business is in a leading position in the Southeast Asian and Chinese markets, which are large and growing very fast in the world. The company was founded in 2015, and its express delivery network covers 13 countries including Indonesia, Vietnam, Malaysia, the Philippines, Thailand, Cambodia, Singapore, China, Saudi Arabia, the United Arab Emirates, Mexico, Brazil, and Egypt. Adhering to the principle of "customer-oriented and efficiency-oriented", J&T Express is committed to providing customers with full-scenario logistics solutions through intelligent infrastructure and digital logistics networks, so as to efficiently connect the world and benefit the world with logistics.
Day3 In Dubai
A.M.: Business Visit - DAFZ ( Dubai Free Trade Zone)
Conference theme: Future investment direction in the Middle East
Company profile: Established in 1996, DAFZ is a vibrant business hub located at the heart of global trade. With direct access to the world's busiest international airports, DAFZ is an ideal gateway to the Middle East and unrivalled connections to Europe, the Indian subcontinent and the Far East. DAFZ currently has over 2,500 registered businesses from more than 20 industries and sectors, with over 20,000 professionals who benefit from a business-centric regulatory and tax-free environment offering full ownership, full repatriation of earnings and a range of world-class facilities.
P.M.: Business Visit - Jebel Ali Free Trade Zone (JAFZA)
Conference theme: Analysis of the new import and export trade policy
Company profile: It is one of the largest free zones in the UAE and one of the largest customs bonded zones in the Middle East. As of May last year, 8,700 companies from more than 130 countries have settled in the park, attracting 23.9% of Dubai's foreign direct investment. Its overseas warehouse adopts the business model of "cross-border e-commerce + overseas warehouse", organically combining the advantages of traditional large foreign trade companies with modern e-commerce, integrating the entire process of 12 links of foreign trade such as banks, credit insurance, logistics, and customs, and providing one-stop foreign trade value-added services.
Day4 In Dubai
A.M.: Business visit - AL Khoory
Conference theme: The development prospects of diversified enterprises in the UAE
Company profile: Al Khoory Group is an Emirati company with diversified businesses, including real estate, automobile sales and services, engineering equipment, hotel services, etc. The Group's business covers the United Arab Emirates, the Sultanate of Oman and Qatar. The Group's Engineering Equipment Division has been engaged in the water and wastewater treatment field since 1972, serving government departments and organizations by providing water pumps, motors, diesel engines and water treatment plants. In 1985, the Group established a factory in Ras Al Khor and began to assemble water pumps and fire pumps, and soon became one of the largest electrical component stockists in the region. Currently, Al Khoory has become one of the outstanding companies in the Middle East for M.E.P. engineering, fire protection, security, lighting and backup power generation products and services.
P.M.: Business visit - Noon
Conference theme: The past, present and future of e-commerce in the Middle East
Company profile: Noon was founded in 2016 and is an e-commerce platform operator. It provides customers with a one-stop service for all daily needs. Its business covers Saudi Arabia, Egypt and the UAE, and it is one of the largest e-commerce platforms in the Middle East.
Day5 From Dubai to ABU Dhabi
A.M.: Business Visit - The China-UAE Industrial Capacity Cooperation Demonstration Zone
Conference theme: Discover the advantages and future trends of China-Arab cooperation from the "One Belt, One Road" initiative
Company profile: The China-UAE Industrial Capacity Cooperation Demonstration Zone is located in Khalifa Industrial Zone A, an important area where the "Belt and Road" project takes root. It is a major cooperation project to implement the important consensus of the leaders of China and the UAE and serve the "Belt and Road" construction of our country. The demonstration zone has been identified by the National Development and Reform Commission as the first "Belt and Road" capacity cooperation park. The park has a total planned area of 12.2 square kilometers and is invested, operated and managed by Jiangsu Overseas Cooperation Investment Co., Ltd. Enterprises settled here enjoy the lowest local land rental prices. The park is adjacent to the Abu Dhabi Khalifa Port built and operated by COSCO Shipping Group.
P.M.: Business Visit - Masdar City
Conference Theme: Innovative technologies and concepts for sustainable cities
Company profile: Masdar is an environmentally friendly city that the United Arab Emirates plans to build in the suburbs of Abu Dhabi, the capital. "Masdar" means "source" in Arabic. Masdar will be built in the desert as world's first zero carbon, zero waste standards of the city, can be described as a "green utopia in the desert." This plan has been brewing for many years and was officially announced to the public on January 21, 2007. The overall design of the city was undertaken by the famous British architect Lord Norman Foster. According to the plan, this will be the world's first "environmentally friendly city" that relies entirely on solar and wind energy to achieve energy self-sufficiency and zero emissions of sewage, automobile exhaust and carbon dioxide.
Day6 In ABU Dhabi
Whole day: Cultural experience
Featured attractions: Sheikh Zayed Mosque, Louvre ABU Dhabi, ABU Dhabi Presidential Palace
Recommend reason: Experience the exotic flavor of Middle Eastern culture
Attractions introduction: To ABU Dhabi, the most worth seeing is the Abu Dhabi Grand Mosque, also known as the Sheikh Zayed Mosque, which was built in memory of the late Sheikh Zayed bin Sultan (the first president of the UAE). It is not only the spiritual symbol of Abu Dhabi, but also a holy place in the hearts of Muslims. The Presidential Palace in Abu Dhabi is also a must-visit place for tourists. It is the official meeting place of the UAE Cabinet and the Federal Higher Committee, and is also an important place for state visits and heads of state activities. Abu Dhabi is a young city built in the desert without much history and culture. Perhaps recognizing that this is their shortcoming, the rulers of Abu Dhabi have spared no expense to build cultural facilities. The Louvre ABU Dhabi is one such example.
Day7 From ABU Dhabi to Dubai and return China
Whole day: Transfer to Dubai Airport and return China
