I’m writing as I embark upon a new renewed term of office as President of the Italian Business Councils Dubai & Northern Emirates, for which I take the opportunity to thank You for the support and trust received.
A new Board has been elected by the XIII Annual General Assembly of IBCD held last month on April 5th, 2016:
- Pasquale Della Penna – President
- Massimo Falcioni – Vice President & General Secretary
- Daniele Garzia – Vice President & Treasurer
- Maurizio Viel – 1st Vice President
- Thomas Paoletti – 2nd Vice President
- Giuseppe Salerno – Member of the Board (Marketing Support)
The new team met already and several topics of interest for our Members and organization were discussed.
We have started the New Year with the series of workshops in the preparation of Dubai2020 , with its new stunning Logo , that has injected a new positive feeling and creativity in business.
We are indeed living in a first class city
I wish to suggest you a trip on Dubai Metro’s : a short travel experience in order to sightseeing the urbanization view of Dubai as well as all construction and project developments completed and in progress, like the Water Canal, and – if you can – make a visit also to admire each station that has been transformed in art points beside the different prospect views of the local architecture.
We have already started planning the activities for the coming months and we seek your own suggestions for additional ways in which we can achieve our Association’s objectives.
Let me remind you of the
Italian Business Council’s principal aims
In few words, we are supporting and developing business relations particularly between the Dubai & Northern Emirates and Italy; promoting Italian business presents in the UAE, providing an opportunity for the Italian Business community to meet regularly during our events, exchanging information and introducing the most significant developments in the area and benefiting of business networking with all international business community belonging to the other almost 40 Business councils registered.
We are aware of the many similar groups you can find today in Dubai , but we have to remind that we are the ones constantly in touch with Dubai Chamber that is extending the possibility to meet representatives of the economic mission delegations arriving from other Countries of the world and is always keen to assist
each and every Business Council and their Members in case of need.
During our meetings it was decided to update and upgrade the official website of the Italian Business Council Dubai & Northern Emirates. We, sincerely, hope it will not only serve as a comprehensive guide to the information you might be looking for, but also serves as a window of opportunity to learn more
about Italy, UAE, as well as all that our organization stands for.
One of our new Board’ Members will be in charge to carry out the due changes in coordination with the Board and Secretariat. Any new idea from the IBCD Members is also welcomed.
And it has been decided to open the official Facebook page of Italian Business Council and we are asking all of you to please “like” the same and ask your friends to follow us !
Secondly, we taught that it would be important to approach a series of Governmental institutions to develop contacts and to get useful information on different topics of practical interests. We have already started by approaching the Department of Economic Development in order to organize seminars – like the one on 15th of May – on basic procedural information and awareness about how to protect your business and your rights.
I want take now this opportunity also to sincerely thank our outgoing Council Vice-Presidents Giorgio Fugazzi and Guido Zagatti for their contribution to the association over the past years mandate.
Finally, I am thankful to all Members of the Italian Business Council who, besides handling their demanding corporate activities, contribute their time to making this such a highly successful Association and invite others to be a part of making this venture an even greater accomplishment.
Best wishes to all of you for a growing business year ahead!
Pasquale Della Penna
Dear IBC Members,
First and foremost I would like to wish you a Happy New Year and all the best for 2014!
Dubai closed 2013 with a record-breaking success, including winning its bidding for the World Expo of 2020, a massive firework spectacle that even made the Guinness Book of Records, the official passenger terminal launch of DWC, Emirates’ highest order placement for new planes ever (including its giant A380), a new record for visitors coming to Dubai and not to forget a Crown Prince seating on the top edge of the world’s tallest tower, the Burj Khalifa (I don’t think any other crown prince could ever do that).
For the Italian Business Council (IBC), it has been an exciting year as well; we ran more events than ever, welcomed a high amount of new Members, have been honored with a quick and positive response from our Colleagues , and saw a much closer collaboration with authorities as the Dubai Chamber of Commerce, the Dubai Customs, the Italian Trade Commission, the Consulate General of Italy in Dubai and the Embassy of Italy in Abu Dhabi.
Also, for the first time, the Dubai Courts has been participating to a private event organized by us at IBC during the month of April about
“Succession Planning, Sharià law and Succession in UAE; Inheritance and Private International Law”
With the presence of Honorable Guest Speaker : H.E. Justice Dr. Ali Ibrahim El Imam Ali – Chief Justice of Cassation at Dubai Courts, officialising with his honorable presence the validity of our Conference.
Last but not least, we welcomed different new corporate partners, and have had relevant meetings with Government bodies of Sharjah, Ajman and Ras Al Khaimah.
Very soon, the IBC will have a new Executive Board, which will be presented to you shortly.
Keeping always in mind that IBC aim is to serve as a catalyst for economic development in Dubai & UAE , and actions of the Council in furtherance of its mission will be on a non-partisan basis and carried out with the highest standard of integrity, honesty, ethical practices, and professionalism, I wish you once again all the best and looking forward to meet all of you at our upcoming events in 2014. Thank you for staying with us!
Pasquale della Penna
President IBCD ( Italian Business Council )
Dubai, 5th January 2014
I would like to share with you with the latest economic data released by the Dubai Chamber during our latest Presidents Business Councils Round Table discussion held in February 2011 with H.E. Hamad Buamim, Director General of Dubai Chamber as well as some information received from H.E. Matter Mohammed Al Tayer, Chairman of the Board and Executive Director Roads & Transport Authority ( RTA ) .
Please find attached detailed presentation about:
· Economic Indicators Globally and Dubai Jan11 Research.
· Business Council & Groups Round Table Discussions with H.E. Hamad Buamim, Director General Dubai Chamber of February 2nd 2011
DUBAI ECONOMY – OVERVIEW OF 2010
• Services driven economy – > 70%
• Trade & Commerce: 19% Growth
• Supply Chain & Logistics : Air Cargo: 17% Growth – Sea Cargo: 10% Growth
15% Growth in number of Passengers – 47m
5.5% Growth (>8m)
14% Growth Night Stay
Dubai Economy –2011 Outlook
Expected GDP at 4-5% driven by growth of Trade, Logistics, Tourism & Financial Services (main pillars for the next 3-5 years)
• Global Economic recovery & World Trade
• India & China Growth,
• GCC economies & Oil Prices increase ($100>)
• Expect ’10 Q4 to carry through the 2011.
• Global Trade
Member Exports/Re-Exports – The value of members’ re-exports grew by 15% at end of October 2010
Certificates of Origin – Grew by 7% in 2010.
Dubai Chamber Achievements in 2010 – There are currently 63 Business group and Councils working under the Dubai Chamber.
Dispute Resolution at Dubai Chamber – 1,440 commercial dispute cases were received by the end of 2010 – 18% increase over 2009
HE Hamad Buamim, Director General of Dubai Chamber informed the Presidents of the Business Councils and Groups that Dubai Chamber is being consulted at a federal and Dubai level with regards to the implementation of new laws and regulations. Having a seat at major Government committees allows Dubai Chamber to directly influence major decisions made that impact the local business community. Furthermore, the Director General highlighted, internal meetings involving Dubai Chamber’s advisers and the legal department takes place at least once a week to review upcoming regulations or to compile feedback to the government on implemented regulations. HE Hamad Buamim mentioned the Economic Development Committee (EDC), one of the 5 committees of the Dubai Executive Council. Chaired by HH Sheikh Ahmad Bin Saeed al Maktoum, EDC reviews policies and legislations on several issues including real estate, foreign direct investment, free trade agreements etc. Having a seat at the committee, it was agreed that Dubai Chamber will bring in the feedback provided by the groups and councils during the reviews/round tables.
RTA – During our latest Talk Business at Breakfast organized by the Dubai Chamber with special guest speaker H.E. Matter Mohammed Al Tayer, Chairman of the Board and Executive Director Roads & Transport Authority ( RTA ) we have been informed that the Metro Green Line should be completed by August this year and the all metro project cost about AED 60 Billions ; the infrastructure created in Dubai is contributing to the driving force of the Dubai economy ; the Metro attracts about 170,000 – 200,000 passengers a day and this contribute in reduce the traffic, integrate the transportation system; the priority of the RTA is to finish the projects in hands; it is very important the participation of RTA to the federal Union Road Project for the part in UAE (valued AED 40 billions) that shall start from Abu Dhabi, passing from Fujeirah and Dubai with connections and extensions to KSA, Turkey and later Europe; the Union Road Project shall start in June and the first tenders should be released in March; RTA contributed in creating an attractive and healthy environment by creating a world class infrastructure with highest standards in order to accommodate 8 million people; and various new business opportunities will arise for the private sectors as new pedestrian bridges and tunnels would be needed as well retails opportunity in the Metro Stations and Bus Stations.
Talk Business at Breakfast held at Dubai Chamber with special guests:
H.E. Ahmed Butti Ahmed – Executive Chairman of Dubai Ports, Customs and Free Zones Corporation and Director General Dubai Customs.
H.E. Ahamed Butti Ahmed shared some important data about the vitality of the Dubai’s ports and customs operations .
He reported 1.000.000 movement containers per month so totaling 12.000.000 containers per year.
Compared to the first quarter figures of 2009 with AED 120,000,000/- billion volume trade (import-export-re-export), the first qaurter 2010 reported a volume of business worth AED 136,000,000/- with a grow of 19%. Only the cargo movement of Creek in Dubai is worth 60 billion Dirhams to countries like for instance Iran, Pakistan, Yemen.
Imports during first quarter 2010 has showed an increase of 10% with 88 billion dirhams in 2010 compared to 80 billion in 2009.
Certificate of Origin issued by Dubai Chamber increased 7% reaching 55,777.
Ahmed Butti further said that Dubai’s economy is strong as these recent numbers reflect the real status of the Emirate which is witnessing an increased demand for consumer products due to the strong purchasing power.
The new Maktoum Airport shall be soon lunched for cargo operations.
The registered members of MERSAL 2 reached 100.000.
Breakfast at the Chamber of Commerce with special guest speaker H.E. Major-General Al Marri – Head of Dubai Immigration ad Naturalization Department.
Very interesting meeting was held with H.E. Major-General Al Marri – General Directorate of Residency and Foreigners Affairs – Dubai. The impression given was to present a very a friendly department, effective and efficient.
A brief introduction was conducted by Director General Buamin who explained about the big improvement in the services achieved by the immigration department.
He also informed about the increase of 30% in new licences issued by the Dubai Department of Economic Development during the first quarter of 2010.
The previous 2009 was a good year also for tourism sector with the highest rate for room in comparison with other hotels in the world.
Steel price has more than double reaching AED 2800/-. Oil & Diesel price increased and this give a good sign for the UAE economy.
Dubai Chamber issued Certificates of Origin +22% in March and complexly + 15% during the first quarter of the year 2010.
Positive feedback in logistic and trade sectors.
Real estate has improved but with cautions.
Positive sentiment for the local economy is expected in the next three months.
Department of Immigration & Naturalization is working under the umbrella of the UAE Ministry of Inteior . It has 23 branches in Dubai (13 in Deira site) (10 in Bur Dubai site) working from 7.30am to 8.00pm.
Toll-free number 8005111 for complaint, advices and feed back.
New majeles for ladies established is recording plus 400% increase in woman attendance.
IMPORTANT DATA – DUBAI:
January +14% = n. 1,244,8000 new visitors
February +20% = n. 1,250,000 new visitors
March +20% = n. 1,253,000 new visitors
Tourist visas increased from n. 573,000 last January 2009 to n. 667,000 in January 2010
Tourist visas increased from n. 612,000 last March 2009 to n. 733,000 in March 2010
New resident visas January n. 52,000
New resident visas February n. 48000
New resident visas March n. 5470
E-GATE – n. 17700 residents in Dubai got a e-gate pass.
H.E. Major-General Al Marri introduced all the E-services implemented in his department.
· 150 M-Services
Establishment user will have to enter 4 digit pin no (xxxx) to be provided.
The Establishment users will query the following services using Establishment no as identification parameters:
Number of people overstaying for the establishment
Establishment can query for the Entry permit
Visa Enquiry (Issued/under processed/ number of overstay days)
Entry/ Exit status.
E-form Application inquiry.
Residence enquiry (Issued/ under process/ number of days overstay)
· M-Visa – visa obtained in the mobile via an SMS code to show to the immigration officers in the airports.
· TABADOL – Ministry of Labour
The Ministry of Labor and the Department of Naturalization and Residency in Dubai have launched TABADOL service within the framework of strategic partnership between them in order to develop the electronic link between the DNRD and the Ministry
· BARQ – Reminder that employee’s visa is expiring in a month.
· AMER – self service kiosk – where to apply for visa.
· JADID – SMS informing about visa expired or e-gate expired or reminder.
· VISA ENQUIRY SERVICES – fake visa prevented making pressure to airlines to verify the visa before the embargo passengers otherwise penalty to airlines
· E-form available in their web site to download.
For any further information we invite you to visit the web site www.dnrd.gov.ae/ of Department of Naturalization and Residency in Dubai. Moreover, you are all invited to visit the headquarters to obtain the relevant information.
Finally, IBCD could assist in arranging a visit if of interest.
NEW YEAR 2010 MESSAGE
We have started the New Year with the stunning inauguration of the tallest tower in the world “The Burj Khalifa” that has injected a new positive atmosphere and creativity in business. I have already personally visited At The Top and I invite you all – provided that you are not suffering dinginess – to sightseeing the breathtaking urbanization view of Dubai from the 124 floor observation level as well as all construction and project developments completed and in progress. Nevertheless, the Dubai Metro’s travel experience is not of less emotional and deserve a visit to admire each station that has been transformed in art points beside the different prospect views of the local architecture. We are indeed living in a first class city.
The last IBCD VI General Assembly has elected a new Board which comprises companies’ representatives and professionals in the medical, legal, engineering & industrial sectors. The new administrative IBCD Board functions will be as follows: Ottavia Molinari as President, Pasquale Della Penna as Vice President & General Secretary, Giorgio Fugazzi as Vice President & Treasurer, Francesco Frighetto as Vice President, Maurizio Viel as Vice President. The new team met already and several topics of interest for our members and organization were discussed.
First of all it was decided to up grade the official website of the Italian Business Council Dubai & Northern Emirates. We, sincerely, hope it will not only serve as a comprehensive guide to the information you might be looking for but also serve as a window of opportunity to learn more about Italy, UAE, as well as all that our organization stands for. Our new Vice President Francesco Frighetto will be in charge to carry out the due changes in coordination with the Board and Secretariat. Any new idea from the IBCD members also is welcomed.
Secondly we taught that it would be important to approach a series of Governmental institutions to develop contacts and to get useful information on different topics of practical interests. I have already started by approaching the Dubai Public Prosecution Department in order to organize seminars on basic procedural information and awareness about traffic accidents implications, bounced cheques and other banking instruments, commercial criminal acts, etc. We are waiting for their reply.
We also are continuously in touch with the Dubai Chamber that is extending the possibility to meet representatives of the economic mission delegations arriving from other countries in the world.
I take this opportunity to sincerely thank our outgoing council vice-presidents Rossano Mangano, Andrea Zaffin, Giorgio Montecchi and Francesco Rocco for their contributions to the association over the past two years mandate. Finally, I am thankful to all members of the Italian Business Council who, besides handling their demanding corporate activities, contribute their time to making this such a highly successful association and invite others to be a part of making this venture an even greater accomplishment.
Best wishes to all for a prosperous 2010 !
NEW YEAR 2009 MESSAGE
On behalf of the Board, I would like to take this opportunity to wish you all a very happy and prosperous New Year 2009.
The past year was a dynamic year for IBCD where we put a lot of effort and spent a substantial amount of time in creating new valuable business networking opportunities between our members and other business councils’ members as well as by meeting key economic government representatives and businessmen. As a matter of fact IBCD, since its establishment, has gained more and more visibility within the international business community.
During a crowded General Assembly last December 1st followed by dinner, we summarized and shared all Council activities, networking, social events, governments meetings and achievements. The IBCD Board Report 2008 presentation is also available in our web site.
We have the pleasure to announce that the Board has been strengthened by adding two new active Vice-Presidents – Giorgio Montecchi /Butech and Pasquale Dellapenna /TSSC who with their experience and advice shall contribute to our activities. Our past Vice-President & Secretary General Mr. Pietro Benvenuti – Iveco returned to Italy and we thank him for all effort and valuable contribution provided during his mandate.
Therefore, the adjourned Board’s composition for the year 2009 is the following:
Ottavia Molinari, Molinari Legal – President
Rossano Mangano/ Scame – Vice President & Secretary General
Francesco Rocco /Eureka – Vice President & Treasurer
Andrea Zaffin/ Luxottica – Vice President
Giorgio Fugazzi /Nooter/Erikssen – Vice President
Giorgio Montecchi /Butech-Vice President
Pasquale Dellapenna/TSSC -Vice President
IL FOGLIO di Dubai, our latest magazine was published recently with a new, enriched format and has been distributed to IBCD members at the Assembly, available as well in PDF format on our web site www.ibcdubai.ae.
2009 promises to be another year of expansion and development for IBCD with new important channels of communication and events. For instance we are now planning to hold a seminar on insurance law and regulation compliance for UAE based companies; to meet Eng. Marwan Bin Galaitha, CEO of Dubai RERA (Real Estate Regulatory Agency); we are working on the organization of a special visit to Fujairah for deepening our knowledge and business opportunities offered by this Emirate; we are supporting events like culinary and food tasting experience from Savona Province organized by ROIS BMM; organizing monthly informal after work get-together for IBCD members at The World Trade Club; we are as well gearing to organize a visit at the Jumeirah Lakes Towers Free Zone Authority & Dubai Multi Commodities Centre Free Zone to get a presentation at their stunning ALMAS Tower; etc. All dates shall be communicated in due course.
It is also important to mention that since 1st January 2009 Emirates Airlines non-stop flights to Milan have been increased to twice a day. New slots/flights for passengers and cargo are expected to be implemented soon for Rome and Venice as well.
Last but not least, I would like to remind you to renew your membership with IBCD and we look forward to the year ahead and to continue to meet and surpass your needs and expectations.
We thank you for your continuous support and hope to welcome you at all our upcoming numerous events!