
Fairmont The Palm a showcase for responsible luxury hospitality
Since joining Fairmont The Palm in 2022, you have implemented a strong culture of internal growth and leadership development. What strategies have been most effective in nurturing and promoting internal talent, and how do you see this shaping the future of the hotel's workforce?
At Fairmont The Palm, we believe that our people are the foundation of our success. Since joining in 2022, my focus has been on fostering a culture of growth, empowerment, and continuous learning. One of the key strategies has been the implementation of tailored training and development programmes, ensuring that our colleagues have access to the tools and resources necessary for career progression.
We have strengthened mentorship programmes, where experienced leaders guide emerging talent, and introduced cross-training opportunities to help employees diversify their skill sets.
Fairmont The Palm has made remarkable strides in people development, with 202 internal promotions. We have also increased the Employee Satisfaction at the hotel which is at 8.7 in 2024.
Your commitment to sustainability is evident in initiatives such as the Single Use Plastic (SUP) strategy and the renewal of the Green Key certification. How do these efforts align with Fairmont The Palm's long-term vision for responsible tourism, and what further sustainability initiatives can we expect in the coming years?
Sustainability is at the heart of Fairmont The Palm's long-term vision. Our Single Use Plastic (SUP) strategy, the renewal of our Green Key certification, and the recent achievement of the prestigious Gold Stamp Certification from DET — an accolade awarded to only a select few hotels in Dubai—demonstrate our unwavering commitment to responsible tourism.
We are proud to have achieved a remarkable 93 per cent score from the EHC audit, placing us among the top 5 Fairmont properties worldwide recognised by this reputable company. By embedding sustainability into our core business strategy, we aim to set new benchmarks for environmental stewardship within the hospitality industry, ensuring that Fairmont The Palm continues to lead the way in responsible luxury hospitality.
Under your leadership, Fairmont The Palm has achieved record-breaking financial milestones, including unprecedented GOP and strong RevPAR growth. What key factors have contributed to this success in a highly competitive market, and how do you plan to sustain this momentum?
Our financial achievements are the result of a well-balanced strategy that integrates operational excellence, market agility, and guest-centric innovation. Since 2022, we have achieved our highest Year-to-Date (YTD) Gross Operating Profit (GOP) since the hotel's opening in 2012, with a 65 per cent flow-through that exceeds industry benchmarks. Our RevPAR growth index reached almost 100, significantly enhancing our ranking in a highly competitive market.
In F&B, we exceeded expectations despite increased competition, achieving a revenue increase of Dh2.9 million. Moving forward, we will continue investing in technology-driven efficiencies, enhancing our digital marketing strategies.
The hotel has recently embarked on significant renovation projects, How will they elevate the guest experience, and what new offerings can visitors look forward to in 2025?
At Fairmont The Palm, we continually strive to elevate our guest experience, and our latest renovation projects reflect this unwavering commitment. The Dh15 million investment in Serenity – The Art of Well-Being spa has transformed it into a luxurious sanctuary offering holistic wellness treatments that seamlessly blend traditional techniques with modern therapies.
Since its reopening, the spa has earned numerous awards and achieved an impressive 80 per cent improvement in results compared to the previous year.
Fairmont The Palm continues to advance key renovation plans, including enhancing our all-day dining and beach concepts. Our commitment to culinary excellence has also been recognised, with Little Miss India, our Michelin Guide-recommended outlet, earning this accolade for the third consecutive year.

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Hi Dubai
29-05-2025
- Hi Dubai
How to Legally Expand Your Business in Dubai Without Changing Your License
Dubai's economy is on an impressive upward track, growing by 3.1% in the first nine months of 2024 and reaching AED 339.4 billion, according to Digital Dubai. What's driving this momentum? Key sectors like wholesale and retail trade have grown by 2.9%, transportation and storage by 5.3%, and financial and insurance activities by 4.5%. As these industries expand, so does Dubai's potential as a global business hub. But what's the bigger vision? The emirate's ambitions are clearly outlined in the Dubai Economic Agenda D33, which aims to double the economy by 2033. This is supported by major reforms, most notably the decision to allow 100% foreign ownership of onshore companies since June 1, 2021. These changes are not just policy shifts, they're open invitations for global businesses to grow in Dubai. But with such an opportunity comes the need for caution. Are you operating with the right licenses? Failing to comply with licensing regulations can be costly, with penalties reaching up to AED 50,000—or worse, complete business closure. So how can businesses expand in Dubai without changing their core license or running into compliance issues? In this article, we explore legal ways to grow your business in Dubai without altering your original license structure, helping you scale safely and strategically . Understanding Your Existing License with DET The Dubai Department of Economy and Tourism (DET), formerly DED, is the primary authority for business registration and licensing in Mainland Dubai. DET oversees corporate strategy, business registration, and compliance. Key License Types: Commercial License: For buying, selling, importing/exporting. For buying, selling, importing/exporting. Professional License: For services like accounting, legal, and marketing. For services like accounting, legal, and marketing. Industrial License: For manufacturing, processing, and assembling. Benefits of a DET License: Enhanced Credibility: Official government endorsement builds trust. Official government endorsement builds trust. Market Access: Direct access to Dubai's market, including government tenders. Direct access to Dubai's market, including government tenders. Flexible Visa Policies: Typically one visa per 100 square feet of office space. Typically one visa per of office space. 100% Foreign Ownership: Permitted in most mainland industries. Permitted in most mainland industries. No Minimum Capital: Generally, no minimum capital is required for DED-licensed mainland companies. Generally, no minimum capital is required for DED-licensed mainland companies. Tax Advantages: While historically offering significant benefits, corporate tax was introduced in June 2023, applying a 9% rate on net profits exceeding AED 375,000. Diversifying Activities Under Your Existing Mainland License The UAE government allows businesses to add new activities to an existing trade license, provided all legal requirements are met. Engaging in unlisted activities can result in fines from AED 5,000 to AED 50,000. Process Highlights: Initial Approval: Obtain approval from DET for proposed new activities. Application Submission: Submit the BR1 form for license amendment. NOCs & Legalities: Secure No Objection Certificates (NOCs) from relevant authorities if needed, and complete legal formalities (e.g., LLC agreement addendum). Final Steps: Submit all documents, pay fees (around AED 3,000 for mainland, AED 2,000 for free zones), and receive your updated license. Benefits: Unlocking new revenue streams, staying competitive, enhancing credibility, and optimizing existing resources. Free Zone to Mainland Expansion Under New Regulations Executive Council Resolution No. 11 of 2025, issued on March 3, 2025, allows Dubai free zone businesses to operate directly in the mainland. This is a core part of Dubai's D33 economic agenda. Pathways for Free Zone Entities: Onshore Dubai Branch (physical presence required): Valid for one year, renewable. Onshore Dubai Branch (HQ in free zone, no physical presence): Valid for one year, renewable, with an annual fee of AED 10,000. Temporary Permits for Specific Activities: Valid for up to six months, with a fee of AED 5,000 annually. The DET, in coordination with licensing authorities, is expected to issue a comprehensive list of permissible activities by September 20, 2025.A significant benefit is the ability to use the existing free zone-registered workforce for mainland operations, leading to cost savings. Leveraging Digital Expansion with E-commerce and Virtual Licenses Dubai's e-commerce market is projected to reach USD 8 billion by 2025. An e-commerce license is essential for legal online operations. Adding E-commerce Activities: Businesses with existing mainland commercial licenses can add e-commerce activities following the standard amendment process. Types of E-commerce Licenses: E-Trader License: For UAE/GCC nationals, home-based businesses, social media sales (no physical shop/visa). For UAE/GCC nationals, home-based businesses, social media sales (no physical shop/visa). Portal License: For online platforms connecting buyers and sellers. For online platforms connecting buyers and sellers. Virtual Company License: For non-resident entrepreneurs, allowing remote operation without a physical office is considered cost-effective. Cost: A Dubai e-commerce license in 2025 typically ranges from AED 5,750 to AED 15,000, depending on jurisdiction, office needs, and visa allocations. Establishing a Branch or Representative Office (An Extension, Not a Change) Foreign companies can establish a direct presence in Dubai through branch or representative offices without altering their parent company's license. Branch Office: Functions as an extension of a foreign parent company, authorized to conduct commercial activities. Requires a physical office and a Local Service Agent (LSA). The Ministry of Economy (MOE) mandates a capital deposit of AED 50,000 . Functions as an extension of a foreign parent company, authorized to conduct commercial activities. Requires a physical office and a Local Service Agent (LSA). The Ministry of Economy (MOE) mandates a capital deposit of . Representative Office: Established solely for promotional activities, not direct sales. Requires a UAE national as a local agent. No minimum share capital is required, but a refundable MOE deposit of AED 50,000 is typically required. Franchising: A Double-Edged Sword for Business Expansion The MENA franchising industry is growing, with Dubai's market projected to reach USD 44 billion by 2026, expanding by 12% annually. The current market size exceeds AED 30 billion annually, with growth rates averaging 12-15% year over year. Franchise businesses often achieve 25-30% higher success rates and 40% faster profitability compared to independent startups. Why Franchising Can Be a Risky Bet: Unsuitability: A business may not be viable for replication if its core elements aren't distinctive or strong enough to attract franchisees. A business may not be viable for replication if its core elements aren't distinctive or strong enough to attract franchisees. Lack of IP Protection: Unregistered trademarks can hinder franchising. Unregistered trademarks can hinder franchising. Complex Operations: If the business system is too complicated or difficult to reproduce consistently, it's not suitable. If the business system is too complicated or difficult to reproduce consistently, it's not suitable. Unprofitable Model: Franchises are often less profitable than the original business due to startup costs like franchise fees and supplies. Franchises are often less profitable than the original business due to startup costs like franchise fees and supplies. Weak Brand Recognition: A lack of strong brand recognition makes it harder to attract franchisees and customers. Common Pitfalls for Franchisees: Inadequate Market Research: Not understanding local demand, competition, or ideal location. Not understanding local demand, competition, or ideal location. Underestimating Costs: Beyond initial fees, ongoing expenses like royalty fees (typically 5-8% of gross revenue) and marketing contributions (another 2-3% ) can be substantial. Beyond initial fees, ongoing expenses like royalty fees (typically of gross revenue) and marketing contributions (another ) can be substantial. Wrong Franchise Model: Selecting a concept that lacks local demand or fails to adapt to cultural preferences. Selecting a concept that lacks local demand or fails to adapt to cultural preferences. Neglecting Training & Support: Insufficient training and ongoing support from the franchisor can lead to operational inefficiencies. Insufficient training and ongoing support from the franchisor can lead to operational inefficiencies. Franchisor Instability: Financial difficulties of the franchisor can severely impact franchisees. Financial difficulties of the franchisor can severely impact franchisees. Market Saturation: Over-saturation or unclear territorial rights can lead to internal competition. The legal framework for franchising in the UAE is governed by the Commercial Agencies Law (Federal Law No. 18 of 1981), the Commercial Companies Law, and contract law. Commercial agents (franchisees) must register with the Ministry of Economy. Franchisors are legally obligated to provide a comprehensive disclosure document to potential franchisees. Dubai's dynamic regulatory environment supports business expansion without requiring a complete license change. Strategies include diversifying activities under existing mainland licenses, leveraging the new free zone to a mainland expansion framework (Executive Council Resolution No. 11 of 2025), embracing digital growth via e-commerce and virtual licenses, and establishing branch or representative offices. While franchising offers growth potential, it demands careful viability assessment and adherence to legal obligations. Each pathway offers distinct advantages, requiring meticulous planning and compliance for sustained success in this global business hub. (Main Sources: Also read: Can Foreigners Really Own 100% of a Business in the UAE? Here's the Truth Explore the evolution of foreign ownership restrictions in the UAE, from their historical roots to the groundbreaking 2020 reforms and the sectors that still require local ownership. Small Business Licence Cost In Dubai We'll explore the cost of a small business licence in Dubai, and guide you through the steps required to launch your business successfully. 6 Simple Steps To Set Up A Business In A UAE Free Zone Establishing a business in a UAE Free Zone is straightforward and can be completed in six simple steps, as outlined by the Ministry of Economy. The Benefits of Dubai's Free Zones for Entrepreneurs This article explores the many advantages that Dubai's free zones offer, making them an attractive proposition for entrepreneurs worldwide.


Gulf Today
21-05-2025
- Gulf Today
National industrial sector core pillar of UAE economy: Hamdan
Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, and Minister of Defence, visited the fourth edition of 'Make it in The Emirates 2025' Forum, taking place at the Abu Dhabi National Exhibition Centre, from May 19th to 22. The Forum highlights the UAE's advanced industrial capabilities and innovations, and its emergence as a global manufacturing hub, bringing together industry leaders, government entities, and innovators. On the occasion, Sheikh Hamdan said that the national industrial sector is a fundamental pillar of the UAE economy and a key driver advancing its vision for greater diversification and innovation. He noted that the 'Make it in The Emirates 2025' Forum reflects the UAE's commitment to building a competitive, technology-driven industrial base led by skilled national talent. Sheikh Hamdan added that guided by the visionary leadership of President His Highness Sheikh Mohamed Bin Zayed Al Nahyan, and the guidance of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, the UAE is pursuing ambitious goals to increase the industrial sector's share of GDP, enhance exports, and draw high-quality investments. He emphasised that the industrial sector is more than just an economic segment; it is fundamental to national sovereignty and the growth of human and technological capacities. Sheikh Hamdan said that this Forum affirms the UAE's readiness to lead industrially at both regional and global levels, backed by a clear vision, robust infrastructure, and extensive expertise, with public-private partnerships underpinning its industrial future. Sheikh Hamdan was accompanied by Dr Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology; Omar bin Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications; Helal Saeed Al Marri, Director-General of Dubai Department of Economy and Tourism (DET); Faisal Abdulaziz Al Bannai, Adviser to the UAE President for Strategic Research and Advanced Technology Affairs, and Chairman of the Board of Directors of EDGE Group. Sheikh Hamdan toured the exhibition held on the sidelines of the Forum, and was briefed on the crucial role of national industries in shaping the future of the UAE's industrial sector. During the tour, he also explored the latest smart solutions and technologies from Emirati companies, including artificial intelligence, robotics, energy, manufacturing, and real estate development. Sheikh Hamdan visited a number of stands and pavilions including the Dubai pavilion managed by DET, which showcases the city's dynamic manufacturing sector. The Dubai pavilion serves as a central platform that brings together the emirate's key enablers of industrial growth, including Dubai Industrial City (DIC), National Industries Park (NIP), Dubai Integrated Economic Zones Authority (DIEZ), Dubai Chambers, and Dubai South. Sheikh Hamdan also stopped by the pavilions of the EDGE Group, International Holding Company, Micropolis Digital Development, Emaar Properties, Ducab, and the Advanced Technology Research Council's AI Centre. Make It In The Emirates 2025 is the UAE's flagship industrial event, designed to accelerate the country's manufacturing ambitions and position it as a global hub for industrial innovation, sustainability, and economic growth. Meanwhile, Sheikh Khalid Bin Zayed Al Nahyan, Chairman of the Board of Zayed Higher Organisation for People of Determination, underscored the strategic importance of Make it in the Emirates 2025, describing it as a key platform for supporting and developing 12 of the UAE's most vital industrial sectors. During his visit to the event, Sheikh Khalid stated that this leading industrial platform is instrumental in strengthening the UAE's position as a global destination for investment and capital, helping to bolster the competitiveness of Emirati industries both locally and internationally. He highlighted the pivotal support of the UAE's leadership in advancing national industries, which have become a fundamental pillar of the country's rapid economic growth. Sheikh Khalid Bin Zayed said, 'Investing in the development of local industries is a primary enabler of the UAE's global economic standing - an economy that continues to flourish thanks to the dedication of its people and a visionary outlook that places human development at its core. 'This platform is a valuable opportunity to deepen public-private partnerships and foster innovation in building a sustainable industrial ecosystem that contributes to diversifying our national economy.' He also emphasised the role of Make it in the Emirates 2025 in attracting and empowering young Emirati talent by offering employment opportunities in emerging industrial sectors, supported by dynamic platforms that encourage creativity and excellence. Sheikh Khalid said, 'We are committed to harnessing the energy of Emirati youth and equipping them with the skills to lead future industries, in line with the UAE's vision for a knowledge-based, sustainable economy built on national capabilities.' He praised the instrumental role played by ADNEC Group in organising Make it in the Emirates 2025, commending the group's outstanding organisational and technical capabilities.' WAM


Al Etihad
21-05-2025
- Al Etihad
Hamdan bin Mohammed visits Make it in The Emirates 2025 in Abu Dhabi
21 May 2025 23:07 DUBAI (ALETIHAD)His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, UAE Deputy Prime Minister, and Minister of Defence, visited the fourth edition of Make it in The Emirates 2025 Forum, taking place at the Abu Dhabi National Exhibition Centre, from May 19 to forum highlights the UAE's advanced industrial capabilities and innovations, and its emergence as a global manufacturing hub, bringing together industry leaders, government entities, and the occasion, His Highness Sheikh Hamdan said that the national industrial sector is a fundamental pillar of the UAE economy, and a key driver advancing its vision for greater diversification and noted that the Make it in The Emirates 2025 Forum reflects the UAE's commitment to building a competitive, technology-driven industrial base led by skilled national Hamdan added that guided by the visionary leadership of UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan, and the guidance of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE and Ruler of Dubai, the UAE is pursuing ambitious goals to increase the industrial sector's share of GDP, enhance exports, and draw high-quality emphasised that the industrial sector is more than just an economic segment; it is fundamental to national sovereignty and the growth of human and technological Highness Sheikh Hamdan said that the annual forum affirms the UAE's readiness to lead industrially at both regional and global levels, backed by a clear vision, robust infrastructure, and extensive expertise, with public-private partnerships underpinning its industrial Highness Sheikh Hamdan was accompanied by Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology; Omar bin Sultan Al Olama, UAE Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications; Helal Saeed Al Marri, Director-General of Dubai Department of Economy and Tourism (DET); Faisal Abdulaziz Al Bannai, Adviser to the UAE President for Strategic Research and Advanced Technology Affairs, and Chairman of the Board of Directors of EDGE Highness Sheikh Hamdan toured the exhibition held on the sidelines of the forum, and was briefed on the crucial role of national industries in shaping the future of the UAE's industrial the tour, he also explored the latest smart solutions and technologies from Emirati companies, including artificial intelligence, robotics, energy, manufacturing, and real estate Hamdan visited a number of stands and pavilions including the Dubai pavilion managed by DET, which showcases the city's dynamic manufacturing sector. The Dubai pavilion serves as a central platform that brings together the emirate's key enablers of industrial growth, including Dubai Industrial City (DIC), National Industries Park (NIP), Dubai Integrated Economic Zones Authority (DIEZ), Dubai Chambers, and Dubai Highness Sheikh Hamdan also stopped by the pavilions of the EDGE Group, International Holding Company, Micropolis Digital Development, Emaar Properties, Ducab, and the Advanced Technology Research Council's AI Centre. Make It In The Emirates 2025 is the UAE's flagship industrial event, designed to accelerate the country's manufacturing ambitions and position it as a global hub for industrial innovation, sustainability, and economic growth. Source: Aletihad - Abu Dhabi