Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

UAE - It's time for business  Join our daily free Newsletter

MENAFN - Khaleej Times - 13/01/2014
No. of Ratings : 0
Add to Mixx!

(MENAFN - Khaleej Times) Capital Club Dubai is striving towards a broad roster of companies including global, regional and local of both small and medium enterprises (SMEs) and established heavy weights, its senior official says.

The premier private business club, which was established in the heart of DIFC five years back, sees significant growth opportunities for its members in new year following a successful bid to host World Expo 2020 in Dubai. It is confident of growing business activities in the wake of positive economic indicators and teaming up with interesting partners in 2014 to further enhance the current membership offering

"Naturally, given the successful Expo announcement, in 2014 we will be focusing on business and enabling opportunities for members to exchange ideas and engage with each other. We like to think that we are like a physical LinkedIn," Emma Cullen, general manager of Capital Club, told Khaleej Times in an interview

The invitation only club, which is going to celebrate its sixth anniversary in April, is exclusively designed to meet the demands of those from the top echelons of business, finance and government. Currently, the club has over 1,500 members drawn from the leading businesses in the region and plans to make the business events more topical

"The successful bid was an outstanding achievement for Dubai, but also for the region. With the workforce expected to grow in excess of 270,000, we, the club will be a space that helps facilitate relationships and business opportunities through a diverse calendar of events," she said

In the Capital Club, memberships are offered in a number of categories including corporate membership, individual membership, non-resident corporate membership, non-resident individual membership and diplomatic membership. Some plans are on cards to enhance the current membership offering and focus will be on growing SME segment in the country

"In 2013, we saw an additional 290 members join the club compared to 220 in last year. A good sign in addition to the growth is a reduction in resignations, an issue during the financial crisis. We hope to see a continuation of this upward swing in 2014," she said

A business platfor

Cullen said non-resident members represent about 15 per cent of total the members with a trend on the increase from 2012. "We have seen our resident members travel more for business as well and utilise the reciprocal club network to its full advantage. We find that the club lends itself to non-residents and visitors as it provides the right environment for business meetings.

"We want to provide a platform to our members to explore the business opportunities at the club's redesigned event calendar. The particular emphasis will be placed on fostering the SME segment through breakfast events," she said

Elaborating, she said the club hosts many events that provide a unique platform for interaction between members

"We work with a number of business groups and smaller business orientated bodies who support entrepreneurs and SME's locally, in the emirate and globally. This includes our Young Executive Committee, the Young Presidents Organistation (YPO), the Young Arab Leaders (YAL), Entrepreneurs Organisation, plus numerous Alumni's.

In January, the club is continuing it's effort to foster SME's with two events, the first is in conjunction with 'Fit For Business' and will be an ongoing breakfast series featuring speakers who give insight to start-ups on how to navigate different areas of developing their skills and business. The second event is in conjunction with Cass University and will be centred around a panel of regional business experts speaking about the 'importance of technology in SME financing'

"2014 is all about bringing business opportunities to our members - whereas 2013 had a more social orientation. We believe the January line up of events set the tone for the balance of the year and our events committee help lead us on sourcing topical discussion points and industry experts that stimulate the membership and helps us in industries we wish to grow.

She said the club's primary goal is to connect members both in a social and business related context

"We have a busy and diverse calendar to suit our member's needs, typically every week has something planned with some weeks a blend of both social and business events. We pride ourselves in striving towards a broad roster of companies - including global, regional and local of both SMEs and established heavy weights.

To a question about the club's role in promoting business in Dubai, she said Capital Club has been central to the greater Dubai business community since its opening in 2008. "As a fine business club, we cannot comment on the specifics of whom or what business is conducted, however a large percentage of our members form the driving force behind growth and key decision making in the region," she said

"There is no doubt some significant business transactions have been forged in the history of the Club. The percentage of members in the financial industry is one of our highest sectors at 32 per cent so it's natural that a majority of our networking and events center on the finance industry," Cullen added

About the available business related facilities to members, she said the club has 40,000 square feet of space, over four floors

"We have four dining outlets, a boutique fitness centre, four well appointed bedrooms for members and guests and 13 meeting rooms," Cullen concluded


Khaleej Times

  MENA News Headlines
 Nov 26 2015 - Turkey- G20 Communiqu: 34The fight against terrorism is a major priority34The Journal Of Turkish Weekly
(MENAFN - The Journal Of Turkish Weekly) Following the two-day summit in Antalya Turkey G-20 leaders released a communiqué calling for greater coordination and information to counter terrorist ...

 Nov 26 2015 - Muslims on 39the front line39 against terror: NATOThe Journal Of Turkish Weekly
(MENAFN - The Journal Of Turkish Weekly) NATO Secretary General Jens Stoltenberg has said it is Muslims who are on “the front line” in the fight against terrorism and extremism. ...

 Nov 26 2015 - Western Balkans 39key to fighting extremism39The Journal Of Turkish Weekly
(MENAFN - The Journal Of Turkish Weekly) The western Balkans is “key” to stemming extremism and terrorism the president of the European Council said Wednesday. Speaking at a summit to ...

 Nov 26 2015 - Turkey- Syrian Turkmen facing 39critical39 period in battleThe Journal Of Turkish Weekly
(MENAFN - The Journal Of Turkish Weekly) Fighting between Syrian Turkmen forces and regime troops is “critical" the leader of the Turkmen opposition said Wednesday. Russian airpower is ...

 Nov 26 2015 - ISIS kills its Austrian 39poster girl39 after she attempts to flee SyriaThe Journal Of Turkish Weekly
(MENAFN - The Journal Of Turkish Weekly) An Austrian teenager who fled to Raqqa Syria in order to join the Islamic fundamentalist terror organization Islamic State was beaten to death after ...

 Nov 26 2015 - Kuwait Spain discuss scientific cooperationKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) KUWAIT Nov 26 (KUNA) -- Kuwait Institute for Scientific Research (KISR) and Spanish Nuclear Safety Council (CSN) discussed means of scientific cooperation and ...

 Nov 26 2015 - Kuwait- KNPC upgrades operations at Al Ahmadi refineryKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) KUWAIT Nov 26 (KUNA) -- Kuwait National Petroleum Corporation (KNPC) announced on Thursday upgrading its Fluid Catalytic Cracking Unit at Al-Ahmadi Refinery so as ...

 Nov 26 2015 - Deputy FM: Kuwait interested in tightening airport security in coordination with BritainKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) KUWAIT Nov 26 (KUNA) -- Deputy Foreign Minister Khaled Al-Jarallah said on Thursday Kuwaiti security authorities are keen to work with the British side for ...

 Nov 26 2015 - Al Tayer affirms DEWA's commitment to support UAE national identityEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) DUBAI 26th November 2015 (WAM) -- Saeed Mohammed Al Tayer MD and CEO of Dubai Electricity and Water Authority DEWA has affirmed DEWA's commitment to ...

 Nov 26 2015 - UAE- YFEL Led Solar Energy Project with Masdar Collaboration Comes Online to Help Power Rashid Abdullah Omran HospitalEmirates News Agency (WAM)
(MENAFN - Emirates News Agency (WAM)) ABU DHABI 26th November 2015 (WAM)--Masdar has completed a 543 KWp photovoltaic (PV) solar power project that is to deliver renewable energy to the Rashid ...





Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  

Middle East North Africa - Financial Network

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices


Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks

Saudi Arabia 

Economic Calendar
Financial Glossary

Financial Calculators

RSS Feeds [XML]

Corporate Monitor


Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters

© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help