Latest news with #AED120


Al Etihad
12 hours ago
- Business
- Al Etihad
Emirates Franchise Association organises ‘Franchise Unites Us and Innovation Leads Us' forum
11 June 2025 19:42 ABU DHABI (WAM)The Emirates Franchise Association, affiliated with the Abu Dhabi Chamber of Commerce and Industry, organised the "Franchise Unites Us and Innovation Leads Us" forum at the Chamber's headquarters in celebration of World Franchise Day, observed on 11th event was held in collaboration with the Khalifa Fund for Enterprise Development and the Abu Dhabi Businesswomen Council, and featured a select group of entrepreneurs, decision-makers, and representatives from government and private sector entities involved in or interested in the franchise franchise sector is witnessing rapid growth both locally and internationally. In the UAE, revenues have exceeded AED100 billion annually, with an annual growth rate of 15%, while global revenues surpassed AED6 trillion. In the MENA region, the total market value is estimated at over AED120 the sector encompasses more than two million franchisees, providing jobs for more than 19 million people, reflecting its vital role in supporting economies and promoting forum is part of the Association's ongoing efforts to raise awareness of the importance of the franchise sector and its pivotal role in supporting the national economy and empowering entrepreneurs. Franchising is considered one of the most successful and sustainable models for the growth of SMEs as well as expanding the reach of local and regional forum was attended by Noor Al Tamimi, Chairwoman of the Emirates Franchise Association; Maher Taresh Al Alili, Vice Chairman of the Association; Sultan Al Hindasi, Member of the Association's Board of Directors; members of the Executive Committee; working groups; and several representatives from the UAE's chambers of her opening remarks, Noor Al Tamimi, Chairwoman of the Emirates Franchise Association, said that celebrating World Franchise Day reinforces the franchise sector's status within the UAE's economic ecosystem, especially considering national efforts to diversify sources of income and promote an entrepreneurial emphasised that franchising today is a practical tool for business growth, enabling entrepreneurs to operate within an integrated operational system, allowing them to benefit from knowledge, training, and institutional Tamimi said, "The Emirates Franchise Association continues to implement its national strategy aimed at enabling Emirati brands to expand locally and globally. The relaunch of the Association's corporate identity has been a significant turning point in its journey, especially after it received official recognition from the World Franchise Council, which made it the accredited representative of the UAE at this international forum.'She confirmed that the Association hopes to be a strategic partner in building an integrated franchise ecosystem in the UAE, one that is based on supportive legislation, accessible financing, specialised training, and international emphasised the Association's commitment to working with its partners at the Abu Dhabi Chamber, the Khalifa Fund, the Business Women Council, and all relevant national entities to expand the impact of franchising to reach every ambitious entrepreneur in the a recorded speech presented during the forum Simon Bartholomew, Secretary General of the World Franchise Council, stressed that World Franchise Day celebrates the global franchise community in recognition of its contributions to the international economic landscape, and raises awareness of the franchise sector's role in shaping modern encouraged all franchise associations around the world, as well as franchisors, franchisees, suppliers, and partners, to participate in World Franchise Day events to highlight the resilience that franchising offers entrepreneurs and its support for a sustainable economic future, encouraging more entrepreneurs to adopt this promising business forum included a dialogue session called, "Meeting of Minds," bringing together leading franchise owners in the UAE, along with specialised consultants and industry discussed key opportunities and challenges related to expanding local franchises along with the legal, operational, and financial support mechanisms needed to enhance their competitiveness and sustainable programme also featured an interactive visual presentation highlighting the Association's achievements and showcasing successful Emirati brands that have expanded locally and internationally through focused on the Association's efforts to support the development of an integrated franchise system in the UAE based on innovation, efficiency, and sustainable event also included several accompanying activities, most notably the "Franchise Walk," which showcased a selection of local and international brands. In addition, the Association organised advisory sessions in collaboration with several consultancy firms, offering specialised professional guidance on the legal, regulatory, and operational aspects of the franchise model. At the conclusion of the event, the Association reaffirmed its commitment to empowering entrepreneurs and strengthening the supportive environment for franchising in the country. It called on start-ups and local brands to take advantage of the benefits of Association membership, which include guidance, training, institutional representation, and access to new markets through local and international partnerships.


Gulf Insider
18-05-2025
- Automotive
- Gulf Insider
UAE: RTA to auction premium Dubai number plates
Dubai's Roads and Transport Authority (RTA) is set to hold its 79th online auction for exclusive number plates, offering 350 distinctive plates consisting of three, four, and five-digit combinations for private vehicles, classic vehicles, and motorcycles. The auction includes plates bearing codes H through Z, covering the following categories: H I J K L M N O P Q R S T U V W X Y Z Registration for the auction opens on Monday May 19 2025, and will remain open for five days only. The auction will go live on Monday, May 26, 2025. All sales are subject to a 5 per cent Value Added Tax (VAT), and all participants must hold a valid traffic file in the Emirate of Dubai. To participate, bidders are required to submit a security cheque payable to RTA amounting AED5,000, along with a non-refundable participation fee of AED120. Payments can be made at the Customer Happiness Centres in Umm Ramool, Al Barsha, and Deira, or via credit card through the RTA website. The auction terms also require successful bidders to complete payment within 10 working days from the auction's closing date. Payments can be made at authorised service provider centres as follows: cash for amounts up to AED50,000, and certified cheque or credit card for amounts exceeding AED50,000. Transactions may also be completed at Customer Happiness Centres or via the RTA's website.


ARN News Center
17-05-2025
- Automotive
- ARN News Center
RTA set to hold 79th online plate auction
Dubai's Roads and Transport Authority (RTA) is offering 350 distinctive plates consisting of three, four, and five-digit combinations for private vehicles, classic vehicles, and motorcycles in its latest online auction on May 26. The auction includes plates bearing codes H through Z, covering the following categories: H, I, J, K, L, M, N, O, P, Q, R, S, T, U, V, W, X, Y, and Z. Registration for the auction opens on Monday, May 19, and will remain open for five days only. The auction will go live on Monday, May 26. All sales are subject to a 5 per cent Value Added Tax (VAT), and all participants must hold a valid traffic file in the Emirate of Dubai. To participate, bidders are required to submit a security cheque payable to RTA amounting AED5,000, along with a non-refundable participation fee of AED120. Payments can be made at the Customer Happiness Centres in Umm Ramool, Al Barsha, and Deira, or via credit card through the RTA website: The auction terms also require successful bidders to complete payment within 10 working days from the auction's closing date. Payments can be made at authorised service provider centres as follows: cash for amounts up to AED50,000, and certified cheque or credit card for amounts exceeding AED50,000. Transactions may also be completed at Customer Happiness Centres or via the RTA's website.


Gulf Insider
22-04-2025
- Automotive
- Gulf Insider
Dubai to Auction 90 Premium Number Plates
Dubai's Roads and Transport Authority (RTA) is set to auction 90 distinctive vehicle plate numbers, including two, three, four, and five-digit combinations from codes (AA-BB-CC-I-J-O-P-T-U-V-W-X-Y-Z). Among the highlights are the highly sought-after super numbers BB 19, BB 20, and CC 22, which will be available at the upcoming public auction No. 118. The auction will take place on Saturday, April, 26, with registration open now. The event will be held at the Grand Hyatt Dubai Hotel, with bidding commencing at 4.30pm. Interested participants can register for the auction via the RTA website, the RTA app, or at the Customer Happiness Centres in Umm Ramool, Deira, and Al Barsha. Seating is limited, and priority will be given to registered participants. To guarantee a spot, early registration is recommended. On-site registration will also be available at the auction hall starting at 2pm. The sale will be subject to a 5 per cent Value Added Tax (VAT). To participate, customers must have an active traffic file in the Emirate of Dubai, submit a security deposit cheque for AED25,000 payable to the RTA, and pay a non-refundable registration fee of AED120. Payments can be made at the Customer Happiness Centres, via credit card on the RTA website, or through the RTA app. Also read: Dubai: Gold Prices Hit New Record High, 24k Crosses Dh405 Per Gram


Arabian Business
22-04-2025
- Automotive
- Arabian Business
Dubai to auction 90 premium number plates, including 19, 20 and 22
Dubai's Roads and Transport Authority (RTA) is set to auction 90 distinctive vehicle plate numbers, including two, three, four, and five-digit combinations from codes (AA-BB-CC-I-J-O-P-T-U-V-W-X-Y-Z). Among the highlights are the highly sought-after super numbers BB 19, BB 20, and CC 22, which will be available at the upcoming public auction No. 118. The auction will take place on Saturday, April, 26, with registration open now. Dubai number plate auction The event will be held at the Grand Hyatt Dubai Hotel, with bidding commencing at 4.30pm. Interested participants can register for the auction via the RTA website, the RTA app, or at the Customer Happiness Centres in Umm Ramool, Deira, and Al Barsha. Seating is limited, and priority will be given to registered participants. To guarantee a spot, early registration is recommended. On-site registration will also be available at the auction hall starting at 2pm. The sale will be subject to a 5 per cent Value Added Tax (VAT). To participate, customers must have an active traffic file in the Emirate of Dubai, submit a security deposit cheque for AED25,000 payable to the RTA, and pay a non-refundable registration fee of AED120.