The invite-only event, which runs from November 16 to December 21, overlaps with the 2022 World Cup in Qatar. Photo: Reuters
The invite-only event, which runs from November 16 to December 21, overlaps with the 2022 World Cup in Qatar. Photo: Reuters
The invite-only event, which runs from November 16 to December 21, overlaps with the 2022 World Cup in Qatar. Photo: Reuters
The invite-only event, which runs from November 16 to December 21, overlaps with the 2022 World Cup in Qatar. Photo: Reuters

Dubai to host World Corporate Summit with central theme of sport


  • English
  • Arabic

Dubai will host the World Corporate Summit in November, with sports and business growth being the central topics of the event.

Key decision makers from across multinational corporations, major UAE-based companies, and government institutions will attend the summit, which is supported by Dubai’s Department of Economy and Tourism.

The invite-only event, which runs from November 16 to December 21 at the Palace Hotel, Downtown Dubai, overlaps with the 2022 World Cup in Qatar, and will have an overarching theme of sport, the World Corporate Summit said in a statement.

“Hosting mega-events such as Expo 2020 Dubai and 2022 World Cup in the region not only provides a unique opportunity to drive investment but also allows us to host business leaders to exchange ideas that can bring positive change to the global economy," said Ahmed Al Khaja, chief executive, Dubai Festivals and Retail Establishment, an agency of Dubai’s Department of Economy and Tourism.

"The World Corporate Summit, I believe, will be a great platform to elevate Dubai’s position as the destination for business and luxury, as well as to create partnerships, enter deals and discuss plans for the future of business."

The summit will feature closed-door forums and meetings with the city's business ecosystem. Attendees will visit key business and innovation districts in addition to having opportunities to interact with the funding and investment community.

A list of speakers on the World Corporate Summit website includes among others Abdulla bin Touq, Minister of Economy, Khawaja Aftab Ahmed, the regional director for the Middle East of the International Finance Corporation, and Javier Tebas, president of Spain's La Liga.

The years Ramadan fell in May

1987

1954

1921

1888

Benefits of first-time home buyers' scheme
  • Priority access to new homes from participating developers
  • Discounts on sales price of off-plan units
  • Flexible payment plans from developers
  • Mortgages with better interest rates, faster approval times and reduced fees
  • DLD registration fee can be paid through banks or credit cards at zero interest rates
Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills
UAE currency: the story behind the money in your pockets
COMPANY PROFILE
Name: ARDH Collective
Based: Dubai
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Sector: Sustainability
Total funding: Self funded
Number of employees: 4

As You Were

Liam Gallagher

(Warner Bros)

What drives subscription retailing?

Once the domain of newspaper home deliveries, subscription model retailing has combined with e-commerce to permeate myriad products and services.

The concept has grown tremendously around the world and is forecast to thrive further, according to UnivDatos Market Insights’ report on recent and predicted trends in the sector.

The global subscription e-commerce market was valued at $13.2 billion (Dh48.5bn) in 2018. It is forecast to touch $478.2bn in 2025, and include the entertainment, fitness, food, cosmetics, baby care and fashion sectors.

The report says subscription-based services currently constitute “a small trend within e-commerce”. The US hosts almost 70 per cent of recurring plan firms, including leaders Dollar Shave Club, Hello Fresh and Netflix. Walmart and Sephora are among longer established retailers entering the space.

UnivDatos cites younger and affluent urbanites as prime subscription targets, with women currently the largest share of end-users.

That’s expected to remain unchanged until 2025, when women will represent a $246.6bn market share, owing to increasing numbers of start-ups targeting women.

Personal care and beauty occupy the largest chunk of the worldwide subscription e-commerce market, with changing lifestyles, work schedules, customisation and convenience among the chief future drivers.

How to apply for a drone permit
  • Individuals must register on UAE Drone app or website using their UAE Pass
  • Add all their personal details, including name, nationality, passport number, Emiratis ID, email and phone number
  • Upload the training certificate from a centre accredited by the GCAA
  • Submit their request
What are the regulations?
  • Fly it within visual line of sight
  • Never over populated areas
  • Ensure maximum flying height of 400 feet (122 metres) above ground level is not crossed
  • Users must avoid flying over restricted areas listed on the UAE Drone app
  • Only fly the drone during the day, and never at night
  • Should have a live feed of the drone flight
  • Drones must weigh 5 kg or less
Updated: July 12, 2022, 1:34 PM`