Hamriyah Times Newsletter - 26 th Issue (July

A quarterly newsletter from Hamriyah Free Zone Authority
Issue 26 (July - September 2013)
Inside Story
HFZA
News
2-3
4 HFZA Post
HFZA
Moments
6
Special
Feature
Events
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7
HFZA
Alliance
Director General’s
Message
The hallmarks of success run much deeper than
mere profits. For many business professionals, a
profitable bottom line is not the sole criterion in
defining success; tangible and intangible virtues
such as excellence, best practices, innovation
and sustainability are core elements that
contribute to the overall success of a firm.
It was therefore with the intention to showcase
the ’best of the best’ and honor those
businesses in Hamriyah Free Zone who have
taken their companies, teams and results to
‘the next level’ of success that the Hamriyah
TOP3 Awards were instituted two years ago.
By recognizing and promoting excellence,
best practices and innovation within the HFZA
community, the TOP3 Awards provides dynamic
and forward thinking businesses a platform to
showcase their achievements and share their
success with other like minded companies.
Today, the Hamriyah TOP3 Awards has
established itself as the ultimate platform for
outstanding businesses in the Hamriyah Free
Zone. At the awards ceremony in March this
year, I was delighted to note that the event
has evolved to become much more than just a
celebration of excellence.
The TOP3 Awards are now the highlight of
Hamriyah Free Zone’s business calendar and
serves as an opportunity to network as it attracts
high profile industry support and involvement.
At Hamriyah Free Zone, it is our mission
to represent, serve and connect our 6000
members to build and sustain a thriving business
community.
The TOP3 Awards brings our community
together to celebrate the accomplishments of
individuals, businesses and organizations across
all industries in our Free Zone.
The Awards are also a tribute to the
entrepreneurial abilities and industriousness of
these investors whose contributions have led to
the success of the Hamriyah Free Zone.
I would like to take this opportunity to
congratulate all of our 2013 TOP3 Awards
winners – they are a great example of the quality
of businesses we have in HFZA.
I hope that the endorsement of the success of
our winners will inspire many more in the Free
Zone to continue to shape HFZA’s corporate
landscape through innovative and dynamic
processes as we move forward to another
exciting phase in our growth.
Warm Regards,
Dr. Rashid Alleem
Director General
HFZA NEWS
Sharjah’s strategic location
between Europe and the Far
East and its direct access to
the Arabian Gulf and the Indian
Ocean offers it a gateway
to 160 countries serving
two billion consumers, thus
offering unbeatable logistical,
warehousing and distribution
advantages for investors.
According to a recent study
released by the Sharjah
Investment and Development
Authority (Shurooq), this has
led Sharjah’s transport and
logistics industry to soar to
new heights.
Strong growth in the emirate’s
economy is driven by its openeconomy polices, incentives,
flexible legislation, state-of-the
art facilities and sophisticated
logistics infrastructure, it
noted. The various Free Zones
in Sharjah have also been
instrumental in boosting the
emirate’s economy.
According to Saud Salim
Al Mazrouei, Director of
Commercial Affairs, Hamriyah
Free Zone Authority (HFZA),
“HFZA is not only the UAE’s
second largest free zone and
one of the largest free trade
areas in the Middle East, it
is also the only free zone in
the UAE which offers a port
specialized in bulk and heavy
cargo with a 14-meter-deep
sea port that accommodates
dedicated
berths
for
petrochemical bulk.”
Sharjah accounts for more
than 36% of the country’s
industrial GDP, he said,
adding: “HFZA is growing at
an impressive rate and the
industrial area in the free zone
has been expanded recently
to meet the high investor
demand.”
HFZA participation at Hannover Messe and
Italian roadshow generates interest
HFZA explores prospects in South Korean market
HFZA showcased its immense opportunities for investment at the 3rd UAE-Korea Economic Partnership Forum.
Large numbers of German and international industrialists visited the HFZA stand at Hannover Messe.
Hamriyah Free Zone Authority
(HFZA) was among the 24
exhibitors at the 650 sq m
UAE Pavilion in Hannover
Messe, held in Germany
recently. Saud Al Mazrouei,
Director of Commercial Affairs
and Ali Al Jarwan, Sales &
Marketing Manager,
were
the official HFZA delegates
at the event. The HFZA stand
at the UAE Pavilion attracted
large numbers of German and
international
industrialists
and business traders.
Germany is the UAE’s most
important trading partner
within the Eurozone, while the
UAE in turn, represents the
most important market for
Germany in the MENA region.
During the two-weeks’ trip
in April, the HFZA delegation
also visited various branches
of Intesa Sanpaolo Bank, the
biggest retail Bank among
the top bank groups in the
Eurozone and held several
meetings with some of
Italy’s top companies and
authorities.
HFZA ties up with halal industry players
In line with the marketing
campaign for the year 2013,
Hamriyah Free Zone Authority
(HFZA) participated in the 10th
International Halal Showcase
(MIHAS) held at the Kuala
Lumpur Convention Centre
from 3rd to 6th April 2013.
Organized under the theme
“Empowering the Global Halal
Market”, HFZA’s participation
in this largest event for halal
industry allowed the Free Zone
to gain immediate access to
the more than 500 exhibitors
at the event.
HFZA delegates, Azzan Al Bah
and Ashik K.P., held extensive
business meetings with buyers
and traders from SMEs to
multinational corporations as
well as global investors and
trend watchers.
At the 10th International Halal Showcase in Malaysia, HFZA attracted inquiries from
developing markets committed to serving the needs of the halal consumer.
Thanks to these networking
opportunities,
HFZA
was
able to attract a few serious
inquiries
especially
from
developing markets committed
to serving the needs of the
halal consumer.
“Potential
investors
were
impressed by HFZA’s track
record of almost 6,000
investors from 153 countries
with an investment exceeding
$2 billion within a short span
and HFZA’s service levels
wherein licenses can be
issued even in less than two
hours with one-stop services
to assist them with their
business needs,” said Azzan.
At
the
3rd
UAE-Korea
Economic Partnership Forum
inaugurated by HE Abdulla
Ghobash, UAE Minister of
State, and held in Seoul, South
Korea from 27th to 28th May,
2013, Hamriyah Free Zone
Authority was represented
by Hamad Al Shamsi, Sales
Officer. The Forum aimed to
build strong economic ties
between the two countries
based on bilateral cooperation
and investment opportunities
available in both countries.
“The UAE is the second largest
market for Korean investors
in the Middle East, and
among the ten largest export
gateways for Korean products
in the world,” said Hamad
Al Shamsi. “At the Forum,
HFZA showcased its immense
opportunities for investment
and excellent infrastructure
facilities and succeeded in
attracting large numbers of
inquiries by Korean businesses
in partnering with the Free
Zone.”
Participation in the Forum
was part of HFZA’s marketing
strategy to broaden its market
share and explore prospects in
new and untapped markets.
HFZA affirms support for The BIG Show
an overall good investment
climate,
HFZA
delegates
at The BIG Show got an
opportunity to actively promote
the facilities and services
available at the Free Zone
directly to prospective clients
and thereby enhance potential
investors’ confidence.
The BIG Show served as a platform for HFZA officials to create business opportunities
and promote inward investment.
Hamriyah Free Zone Authority
(HFZA) was a key participant
at the 10th international
exhibition of building materials,
heavy construction equipment
and interior furnishings, The
BIG Show, held at Oman from
March 17 to 20, 2013.
The exhibition served as a
beneficial trade platform for
HFZA officials to meet with
buyers, manufacturers, and
distributors from around the
region and as a gateway to
create business opportunities
and
promote
inward
investment.
With multi-billion projects
under construction in both
UAE and across the GCC, and
HFZA’s participation in The BIG
Show is in line with Sharjah’s
objectives to promote the
city in the region and in other
countries as an important
foreign investment hub and
to strengthen its status as
the industrial backbone of the
UAE, while serving as a link to
the outside world.
Now in its tenth edition, The
BIG Show is recognized as
the biggest event in Oman for
the building and construction
industry and one of the
region’s most important.
Sharjah
Arbitration
Centre signs MoU
On June 16, a delegation
chaired by Judge Abdul
Rahman Sultan Bin Talea,
President Sharjah Federal
Court of First Instance, visited
the Sharjah International
Commercial Arbitration Centre.
During the visit, the delegation
reviewed the centre’s work
mechanism and the nature
of lawsuit; ways to register
arbitrators and experts and
programs and activities and
strategic plans to disseminate
the legal culture, especially
the arbitration culture.
H.E. Ahmed Mohamed Al
Midfa, Chairman, Sharjah
Chamber
of
Commerce
and Industry, said all efforts
would be made to promote
the arbitration centre as the
preferred
destination
for
opponents to solve and settle
their disputes and promote
commerce and investment in
the Emirate and the country.
Judge Abdul Rahman Sultan
Bin Talea said the Ministry
of Justice seeks to be a role
model in perpetuating justice
to establish a principle of
fairness among people, and
consolidate the credibility of
the judiciary system. He said
the aim was to provide equal
opportunities for all segments
of society, their rights to
preserve human dignity and
secure freedom and values.
A
Memorandum
of
Understanding was signed
between the two parties with
Ahmed
Saleh
Al-Echlah,
Manager Sharjah International
Commercial
Arbitration
Centre, and Mosaab Sultan
Bin Omeir, Manager Judiciary
Services, set to map out
measures to organize joint
programs that would help
disseminate the legal culture.
Email: [email protected] Web: www.phoenixdxb.com
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HFZA NEWS
HFZA boosts
Sharjah’s
industrial
development
HFZA
HFZANEWS
POST
Hamriyah Free Zone Authority’s participation in various regional and international trade events is in line with its
efforts to secure a large share of global investments into the Middle East by showcasing the Free Zone’s strategic
strengths and positioning in this fastest growing region in the world.
Director General Dr. Rashid Alleem addresses Australian University of Sharjah
(AUS) students on leadership skills and strengths at the AUS Student Leadership
Conference (ASLC’ 13) held on 17th April, 2013.
Director General Dr. Rashid Alleem with other dignitaries at the opening ceremony
of the annual Dubai Global Convention on Business Excellence held over two days
from May 1 to May 2 at Dubai.
Director General Dr. Rashid Alleem addresses the audience on the virtues of
Suggestions & Rewarding schemes at the 8th annual Ideas Arabia International
Conference held in April in Dubai.
At the Kerala State Business Excellence Awards 2013, Director General Dr. Rashid
Alleem, a keynote speaker at the event, presents an award to K. Shamji, Director
Ocean Oil Field Services FZC, in the presence of K. M. Mani, Finance Minister,
Government of Kerala, and Prof. K. V. Thomas, Hon’ble Minister of State.
Director General Dr. Rashid Alleem presents a memento to Prof. K. V. Thomas,
Hon’ble Minister of State of Kerala at the Kerala State Business Excellence Awards
2013 of which HFZA was a Gold sponsor.
Director General Dr. Rashid Alleem presents a memento to Dr. Mohammed
Dulaimi, CIB Board Member of The British University in Dubai.
Director General Dr. Rashid Alleem called upon all SMEs to think locally and act globally at SMIDEX 2013, Malaysia’s annually held trade event.
At Malaysia’s
annually held SMIDEX
2013, designed to showcase the
capabilities of Malaysian SMEs in
producing products, services and
technologies for the global market,
Hamriyah Free Zone Authority (HFZA)
participated in this exhibition that was
held from 12 to 14 June, 2013 at the
Kuala Lumpur Convention Centre.
Jointly organised by the Ministry of
International Trade and Industry (MITI)
and SME Corp Malaysia, the event also
conducted more than 150 Business
Matching Sessions to provide SMEs with
global market supply chain opportunities
through business linkages with MNCs/
LSIs/GLCs.
According to Dr. Rashid Alleem, Director
General of Hamriyah Free Zone Authority,
HFZA’s official delegate at the event, “We
were able to forge strategic business
partnerships, exchange information and
network with high-ranking officials on
different business sectors in both the
private and governmental organizations.
For instance, HFZA conducted talks with
Y.B. Datuk Ir. Hamim Samuri, Deputy
Minister, Ministry of International Trade
& Industry, Malaysia and Carlo Allaria,
President, Malaysian-Italian Chamber of
Commerce & Industry.”
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In addition, Dr. Rashid Alleem, Director
General of Hamriyah Free Zone Authority,
also met and held talks with Y.B. Senator
Dato’ Sri Abdul Wahid Omar, Minister,
Prime Minister’s Department, Malaysia
during the exhibition.
Business matching provides a strong
foundation for the growth of new
industries, said Basheer. “The one-toone business-matching sessions were
one of the highlights of the SME Annual
Showcase. HFZA’s participation this year
aimed to promote business partnership
between the Free Zone and Malaysian
SMEs and seek prospective partnership
opportunities with local companies.”
“Our personal meetings with potential
investors drew attention to HFZA’s
impressive strength of nearly 6,000
investors spread across 150 nations with
an investment exceeding more than USD
10 billion,” he added.
The Asian Korea SME Conference 2013
was also held alongside the exhibition
under the theme ‘SMEs Changing the
Game’. The conference provided a
platform for ASEAN SMEs to leverage on
the networking and business opportunities
that are abound, particularly with the
on-going trade liberalization under the
ASEAN-Korean Free Trade Agreement.
A panel of distinguished speakers also
facilitated insightful discussions on a
diverse range of interests to further the
exchange of ideas, and to share the
potential economic growth and market
opportunities that are abundant in both
economies.
The conference elaborated on the Korean
dynamic business growth enabling SMEs
in the ASEAN region to emulate the best
practices from the successful Korean
stories. It highlighted how South Korean
SMEs have established themselves as a
major global force in various industries
including electronics, heavy engineering,
creative technologies as well as
multimedia.
During the closing ceremony of SMIDEX
2013, the organizer requested Director
General Dr. Rashid Alleem to address the
audience. In his speech, he called upon
all SMEs to think locally and act globally.
SMEs have immense potential to
contribute substantially to the economy,
he said.
He also sent out a fervent appeal to
a large number of entrepreneurs and
professionals present to work hard to
be the change leaders to bring out the
much needed change to usher in a new
ecosystem for sustainable development.
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NEWS
HFZA MOMENTS
Forging strategic business partnerships at Malaysia
HFZA
NEWS
SPECIAL
FEATURE
NEWS
HFZA EVENTS
Director General Dr. Rashid Alleem presents the Maritime Personality of the Year award to His Excellency Khamis Juma Buamim, Chairman, Drydocks World & Maritime
World, Dubai at ShipTek 2013.
Hamriyah Free Zone explores new prospects in maritime industry
With
over
a
thousand
members from the maritime
business fraternity attending
ShipTek 2013, held from 14
to 15 May at Crowne Plaza
Hotel, Dubai, the two-day
industry-focused
exhibition
turned out to be a very good
branding
opportunity
for
Hamriyah Free Zone Authority
(HFZA) which was the official
Bronze sponsor of the event.
Inaugurated by His Excellency
Khamis
Juma
Buamim,
Chairman of Drydocks World
& Maritime World, in the
presence of Dr. Rashid Alleem,
Director General Sharjah
Department of Seaports &
Customs and Sharjah Free
Zones Authority, a chief guest
at the event, and several
other VIP dignitaries, the
Conference was scheduled
in six sessions with a total of
18 paper presentations that
provided expertise on a host
of industry-related issues.
Several
HFZA
officials,
including
Muhamed
Basheer, Head of Business
Development
Department,
represented the Free Zone
at the two-day International
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Conference and Expo on
Offshore & Marine industry.
According to Basheer, “At
a time when the business
world is looking towards the
UAE for both stability and
continuous growth prospects,
HFZA’s presence at such
events are more effective and
fruitful than participation in
certain international events
at distant locations. The
event was not only the right
platform to share and discuss
information and ideas, it also
served as a great networking
opportunity for HFZA to meet
with the top management
and key officials in the global
maritime industry.”
The HFZA booth at the event
drew in a good number
of
international
visitors
particularly
from
Japan,
Germany,
Greece
and
India, he added. “HFZA has
been able to strike positive
association
and
secure
possible confirmations from
more than 10 potential
investors who have expressed
keen interest in our services.
We look towards taking our
association forward with our
peers in the industry and are
keen on signing exclusive
contracts with our new
clients.”
Amongst the key UAE maritime
players that attended the
event included Drydocks
World Dubai and ClassNK
-Japan (a ship classification
society).
The chief highlight of ShipTek
2013 was the 6th Marine
BizTV International Maritime
Awards that was held on
15th May. As stalwarts of
the maritime world gathered
to celebrate the outstanding
contributions of the veterans
of this industry, the awards
ceremony also paid tributes
to the maritime organizations
and the respective industry
leaders for their dynamic
contributions
and
stellar
performances over the past
year.
At the event, Dr. Rashid
Alleem was called upon to
present the main award
of the evening - Maritime
Personality of the Year to His Excellency Khamis
Juma Buamim, Chairman,
Drydocks World & Maritime
The third Annual Investment Meeting 2013 held from April 30 to May 2 in Dubai,
was an FDI-focused initiative enabling rapidly-changing economies and emerging
countries to enhance their potential.
At the Dubai International Wood & Wood Machinery Show held in April, HFZA
delegate Azzan Al Bah got the opportunity to build new strategic relationships with
buyers, traders and investors in the wood industry.
HFZA took advantage of the huge growth potential of the beauty and perfumery
market of the Middle East through its participation at the BeautyWorld Middle East
held in Dubai in May 2013.
HFZA tapped the immense opportunities presented at TurkeyBuild, the biggest
gathering of the Turkish building industry held in April 2013 in Istanbul.
HFZA delegates, Abdul Aziz Dawood and Omar Alleem, actively networked at the
industrial exhibition Expo-Russia Jordan 2013 held in Amman in March 2013.
India Steel 2013 held in April at Mumbai provided a platform for HFZA to meet
with key decision makers in the steel industry and explore new business avenues.
Gulf Print & Pack, the only dedicated event for commercial and package printing in
the Middle East and North Africa, held in April in Dubai attracted serious investors
in top quality equipment.
The business services trade show and event, Kenya Tradex 2013, held from
30th May to 2nd June in Kenya exhibited products in various categories
including Building Materials, Industrial Machinery, etc.
World, Dubai. The citation
for the award recognised HE
Buamim’s contributions to
the stabilization and growth
of the organizations under his
management.
Expressing gratitude and
appreciation for the UAE’s
wise leadership and its
generous
support
for
Drydocks World & Maritime
World, HE Buamim said, “The
award is truly a reflection of
the progress and growth that
has been ably fulfilled by
DDWMW. As a result of the
unlimited support of our wise
leadership, we are working
persistently and putting our
utmost efforts in implementing
our leadership’s wise vision
in cementing UAE’s unique
position in all marine and
offshore sectors.”
Other special jury award
winners included Mahmood
Al Bastaki, CEO, Dubai Trade,
who was voted Popular CEO
of the Year and Shamis Bin
Ali Al Dhaheri, Managing
Director, Ali & Sons who won
the Young Entrepreneur of
the year award.
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HFZA ALLIANCE
Leighton Offshore establishes base in Hamriyah Free Zone
Sheikh Khaled bin Abullah bin Sultan Al Qasimi, Chairman of Hamriyah Free Zone Authority (HFZA) signs the Lease Agreement with Leighton Offshore marking the commencement
of their industrial activity in the Free Zone in the presence of Director General Dr. Rashid Alleem and Saud Al Mazrouei, Director of Commercial Affairs.
Sheikh Khaled bin Abullah bin Sultan Al
Qasimi, Chairman of Hamriyah Free Zone
Authority (HFZA) recently signed the
Lease Agreement with Leighton Offshore
for the commencement of their industrial
activity in HFZA. The agreement was
signed in the presence of Dr. Rashid
Alleem, Director General Sharjah
Department of Seaports & Customs and
Sharjah Free Zones Authority, and Saud
Al Mazrouei, Director of Commercial
Affairs, HFZA.
Hamriyah Free Zone has been deploying
business solutions for international,
regional and local investors to access
a lucrative market of roughly 1.5 billion
consumers since its inception in 1995. It
has since grown in stature to become one
of the cornerstones of the UAE’s industrial
development and its recent agreement
with Leighton Offshore highlights its
focus on fostering entrepreneurship and
economic development.
Leighton Offshore is a dynamic international
engineering, procurement, construction,
installation and commissioning (EPCIC)
and life of field services (LOFS) contractor
and has the capability to take on the most
challenging projects across the offshore
oil and gas project lifecycle. The company
has extensive international experience
in the offshore environment and can
provide sustainable turn-key solutions to
a large range of offshore developments
including pipelines, single point moorings
(SPM), offshore structures and subsea
construction services.
Leighton Offshore’s pipe lay experience
includes both small and large diameters,
as well as some of the most complex
Integrated Business Solutions
subsea pipeline installations and shore
crossings in India, South East Asia, the
Middle East and Africa. The company
operates internationally from offices in
Kuala Lumpur and Singapore, with a
dedicated engineering team also based in
Kuala Lumpur supporting its international
operations.
Providing innovative and cost effective
engineering solutions to the most
technically challenging projects, Leighton
Offshore’s experienced, proven project
managers and management systems
focus on safety and quality, driving the
best outcome for its clients across the
project delivery life cycle.
Leighton Offshore is a subsidiary of
Australia’s largest project development
and contracting group, the Leighton
Group.
www.sundubai.net
Free Zone Company Incorporation • Offshore Company Formation
Corporate Advisory • Auditing & Accounting • LLC Set Up
PO Box 232004, Dubai, UAE | PO Box 42453, Hamriyah Free Zone, Sharjah, UAE
[email protected] | [email protected] | Mobile: + 971 50 6377 326 | + 971 55 6377 326 | + 971 50 569 8829
Hamriyah Times is an in-house Newsletter published by HFZA. For private circulation only.
For Advertising contact Noura Al-Suwaidi :
Tel. : +971 6 526 3333
Fax : +971 6 526 3555
E-mail
: [email protected]
Website : www.hfza.ae
For internal circulation only. This publication may not be reproduced or transmitted in any form in whole or in part without
the prior written permission of HFZA. The publisher will not accept liability for any errors or omissions contained in this issue.
2013 HFZA. All rights reserved.
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