The Emirates Franchise Association / Emirates Association for Franchise Development (FAD) recently held its inaugural meeting with key members and stakeholders from various Emirates in attendance. Chaired by Ahmed Khalifa Al Qubaisi, CEO of the Abu Dhabi Chamber, the meeting focused on reviewing and approving FAD’s updated Articles of Associations. These articles outline the association’s commitment to offering services, consultations, and guidance to entrepreneurs in franchising based on international best practices.
During the meeting, FAD Board Members emphasized the critical role of the association in advancing the UAE’s economic objectives, specifically in diversifying and expanding the private sector through franchise development. The UAE has been commended for its efforts in advancing the franchise sector and fostering entrepreneurship in the country.
One of the key highlights of the meeting was the nomination of 2 to 5 private sector companies and institutions from each Emirate to participate in the association’s subcommittees. This move is expected to strengthen businesses’ connections with global franchising networks and create a conducive environment for efficiency and effectiveness in all aspects of franchising.
Ahmed Khalifa Al Qubaisi, Chairman of FAD, emphasized the Abu Dhabi Chamber’s early support for the association since its inception in 2017. He highlighted FAD’s prominent position as an official member of the World Franchise Council and the association’s strategic goals in supporting and assisting entrepreneurs in the franchising sector.
Overall, the meeting underscored FAD’s commitment to promoting the innovative and sustainable role of franchising in the UAE’s national economy. By providing support, assistance, and awareness about franchising rights, the association aims to contribute to the development and growth of the UAE’s private sector.
In conclusion, the Emirates Association for Franchise Development is dedicated to advancing the franchise sector in the UAE and fostering entrepreneurship through strategic partnerships and collaborations with key stakeholders. With a focus on international best practices and professional standards, FAD aims to create a thriving ecosystem for franchising in the country.
