Business Standard

Friday, December 27, 2024 | 11:19 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Mumbai to hold its first edition of Dubai Festival

Image

ANI New Delhi

To capture and leverage the bi-lateral ties through cultural, business, trade and commerce exchange in Mumbai, Dubai is all set to launch its first ever Dubai Festival, a 10-day extravaganza starting from April 8th 2016 in Mumbai.

With a mission to create multiple opportunities to take Dubai to the world and bring the world to Dubai, Hungund Events and Entertainment Pvt Ltd announced the dates for the first edition of Dubai Festival in Mumbai (DFM) at BKC (Bandra), Mumbai.

"Dubai Festival in Mumbai has been organised to provide both countries opportunities, tailored to meet the market needs. We aim to bring an extravaganza of culture, trade, entertainment, food and tourism to Mumbai," said Mohammad Kaif Hungund, Managing Director, Hungund Entertainment and Events pvt ltd.

 

"I am pleased to announce our 10-day festival, which will include the best of Dubai in Mumbai. Our festival will be spread over 25,500 sq metres allowing us to give a platform for both b2b and b2c commercial and trade exchange. We look forward to seeing you at Dubai Festival in Mumbai," added Kaif Hungund.

The festival embodies the pulsating, progressive and dynamic spirit of Dubai. DFM will capture the essence of entertainment, culture, hospitality and business experiences through interactive events, spectacular shows and facilitation of business on both, a B2B and B2C level.

It will have dedicated zones related to tourism, hospitality, culture and other businesses like Real estate, electronics among others, giving Mumbaikar's a chance to experience Dubai right here in their own.

"It is our pleasure to be associated with Dubai festival in Mumbai. Trade between UAE and India has been on for years and we are proud of this association and thrive to make it more profitable for both the countries and strive towards the same," said Hamdan Mohamed Al Murshidi, President and Chairman of the Board of Arab Business Club.

"The Arab Business Club focuses on becoming the leading Business Networking Club worldwide and targets the Elite Business Circle in the Arab world, hence it provides opportunities for businesses worldwide to promote themselves and represent their country in this circle," added Hamdan Mohamed Al Murshidi.

Indians have emerged as important investors within the UAE and India as a major export destination for goods manufactured there. India-UAE trade, valued at USD 180 million per annum in the 1970s, has gone up to around USD 60 billion.

India's major imports from UAE include petroleum and petroleum products, precious metals, stones, gems and jewelry, minerals and chemicals.

"A substantial contributor to economic growth in UAE is the continual advancement of the tourism sector, and India has long been a significant contributor with more than one million Indians now visiting the emirate annually for leisure or business tourism purposes, or to see and spend time with friends and relatives," said DFM sponsor Kulwant Singh, Managing Director, Lama Tours and President of Indian Business and Professional Council (IBPC).

With a vision to promote and leverage bi-lateral ties between these two mega metropolises; the Dubai Festival in Mumbai will be a first-of-its-kind in India. The festival's mission is to create multiple opportunities of engagement between individuals, companies and corporations of both countries.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jan 25 2016 | 2:18 PM IST

Explore News