With Dubai fully regaining its vibrancy after safely navigating and accelerating out of the unprecedented global challenge, the city’s newly formed Department of Economy and Tourism (DET) will showcase the diversity of Dubai’s destination offering, along with innovative initiatives designed to further strengthen the city’s tourism industry, during the 29th edition of Arabian Travel Market. With this year’s ATM set to shine a light on the growth trajectory of the global travel and tourism industry, as well as the challenges ahead under the theme ‘The future of international travel and tourism’, DET looks forward to sharing and facilitating the exchange of information and ideas and leverage opportunities for sustainable growth. Located in Hall 3 at Dubai World Trade Centre, a bigger and all-new design Dubai stand (ME-3110) will see more than 100 partners and representatives from government entities, hotels, destination management companies and tour operators join DET to safely welcome visitors, as well as over 290 international hosted buyers to the event. The Dubai stand will also highlight key activities of government bodies and industry stakeholders including Dubai Police, General Directorate of Residency and Foreigners Affairs – Dubai (GDRFA -Dubai), Dubai Health Authority, SMCCU, Dubai Municipality, Dubai Culture, Accor and Marriott International. Issam Kazim, CEO, Dubai Corporation for Tourism and Commerce Marketing, commented: “ATM is an important platform for global and regional tourism and this year the forum is happening at a time when the world is increasingly looking to take a leaf out of Dubai’s successful tourism recovery strategy. As the host destination and one of the longstanding partners of this annual event, Dubai’s participation together with a cross-section of government and industry partners is fundamental to providing …
Read More »Dubai Next attracts 398 contributors and approves 62 campaigns in less than a year
Dubai Next, the digital crowdfunding platform that has attracted many young innovators and start-up ideas, is anticipating an increase in fund-seekers and contributors following the country approving a federal system for such platforms recently. His Highness Sheikh Mohammed bin Rashid al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, announced the new federal framework that will allow operators from the government and private sectors to back crowdfunded projects. Dubai Next was launched in May 2021 by HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council, The platform, which is managed by Dubai SME, an agency of the Department of Economy and Tourism (DET) in Dubai, is attracting innovators and has already enabled eight start-up concepts raise the required funds. “Crowdfunding has had a significant impact in ushering in a new generation of entrepreneurs in the UAE. It provides an alternate financing option, and an ideal opportunity to turn start-up ideas into viable projects. Students aged 12 and above can create campaigns on Dubai Next and the campaigns seen so far are diverse and innovative” said Abdul Baset Al Janahi, CEO of Dubai SME. Crowdfunding involves small amounts sourced towards financing of a single commercial venture. Anyone with an innovative idea or project can create a campaign on Dubai Next and seek funds from contributors. The not-for-profit platform is open to people of all nationalities. “The Dubai Next experience confirms that crowdfunding can motivate our growing youth population to pursue entrepreneurship, thus ushering in a new generation of entrepreneurs and eventually positioning Dubai as the global hub of innovative enterprise,” Al Janahi said. Currently, Dubai Next …
Read More »