Iran-UAE Friendship House Event

Iran-UAE Friendship House

The beginning of a new chapter in economic and commercial interactions between Iran and the UAE

Report of the first event of the Iran-UAE Friendship House

The beginning of a new chapter in economic and commercial interactions between Iran and the UAE

February 18, 2024 (2024-02-19), the first event of the Iran-UAE Friendship House was successfully held with the presence of entrepreneurs, investors, business owners, and Iranian families seeking to leverage Dubai's capacities for economic growth and personal development.

This event marked the starting point for the formation of an economic, business, and educational network among Iranians and Emiratis, aimed at empowering the Iranian community to benefit from international opportunities and the development prospects of the UAE.

Main topics of the event:

Analysis of Dubai economic trends and review of emerging opportunities in the UAE
The role of Dubai in the future of regional trade and investment
Creating a communication network among Iranian investors, experts, and entrepreneurs
Review of business development capacities in the UAE economic ecosystem
How to leverage the bi-residential model for living, working, and investing
The position of Dubai as a global city and a bridge connecting the world economy

Summary of Key Event Presentations

1. Dubai, a Growing Global City; Its Status and Future in the Region

Dubai is recognized as one of the 5 most important cities in the world for trade and investment.
Dubai's economy has diversified over the past two decades, with oil's share of GDP falling to less than 1%.
The UAE plans to increase its non-oil trade volume to 2 trillion dirhams by 2033, which offers exceptional opportunities for Iranian businesses.

2. The Position of Iranians in the UAE Economic Ecosystem

More than 1 million Iranians live in the UAE, and the Iranian business community is one of the oldest and most influential groups in the country.
Iranians account for more than 10 percent of real estate investments in Dubai.
Trade between Iran and the UAE has exceeded $25 billion in recent years, with expectations for continued growth.

3. The Role of the Friendship House in Developing Business and Personal Connections

The Friendship House provides a networking platform for Iranian entrepreneurs, professionals, and investors seeking to connect with the UAE’s business ecosystem and its global opportunities.
This organization facilitates direct engagement with economic and investment networks in Dubai by holding educational and business events.

Iran-UAE Friendship House; A Bridge for Iranian Development

The Iran-UAE Friendship House aims to create a practical and sustainable platform for effective connections between Iranians and the UAE market, providing an avenue where economic activists, professionals, and business owners can maintain their ties with Iran while utilizing Dubai’s capacities for growth and development.
Contrary to common belief, entering the UAE economy is not only possible through immigration. The dual-life model allows Iranians to retain their base in Iran while taking advantage of the UAE business ecosystem and opportunities for personal and commercial development.

Key services and support of Iran-UAE Friendship House:

Legal and financial consultations for businesses and investors
Guidance on growing a business through Dubai and connecting to global markets
Creating a network between Iranian and Emirati traders, entrepreneurs, and professionals
Organizing educational, business, and specialized events in Iran and the UAE
Supporting Iranian businesses to enter the UAE economic ecosystem

The event on February 18 marked a significant step toward establishing a dynamic network between Iranians and the UAE market. Future events, building upon the connections formed at this meeting, will focus on expanding economic opportunities and creating strategic ties between Iran and the UAE.

Next Steps for the Friendship House:

Launching online and face-to-face networking for members
Hosting specialized and consulting meetings for Iranian investors and businesses
Enhancing media and information sharing about new UAE market opportunities
Attracting investment for developing joint Iranian investment funds in the UAE

Special thanks to the sponsor of this program, Samana Development Company in the UAE, for their collaboration in organizing this event.

To stay informed about our upcoming events and services, please connect with us via the website and social media channels of the Iran-UAE Friendship House.