Global Franchise Market Exhibition concludes successfully in Dubai
DUBAI: The Global Franchise Market Exhibition (TGFM) - the oficial franchising event in Dubai, successfully concluded at the Dubai International Convention and Exhibition Centre on Thursday, with a remarkable participation from the leading franchise establishments from the region and abroad. The 2-day premier franchise event, held under the patronage of the Dubai Economy, showcased creative franchise concepts, analysed the advantages of responsible franchising and explored latest methods to grow and expand businesses in the UAE, Middle East and North Africa region.
As new franchise concepts take root every day, the franchising industry is witnessing a wave of new opportunities in F &B, education, fashion, lifestyle, wellness, healthcare and service sectors. While the advantages of owning a franchise business are many, it is essential for investors to pick the right programs and partners as well as explore the latest trends and practices to maximise the fortunes of franchising.
The franchise market in the UAE and the Middle East market is growing rapidly with a number of key diversiied sectors bracing themselves for new franchise businesses. This year, TGFM witnessed the participation of over 100 exhibiting brands from 80 countries including: Finland, Canada, France, USA, UK, Malaysia, Singapore, Jordan, Lebanon, Kuwait, Saudi Arabia, Egypt and the UAE amongst others. In addition, the exhibition represented various key sectors of the economy including: Food and Beverage, Fashion and Lifestyle, Education, Health and Beauty, Retail and Service to name a few. Moreover, TGFM hosted 3 major pavilions representing Malaysia, Kuwait and Canada, which offered participating companies a unique opportunity to learn about the local market and interact with potential partners and investors.
While the UAE in general and Dubai in particular still remains a go-to destination for F & B brands to set up franchisees and leverage business expansion opportunities, TGFM witnessed a new trend as many fashion, lifestyle and educational brands were interested to explore the regional market. With a rich and diverse portfolio representing all the key sectors of the economy, TGFM offered a unique platform for all representing brands to expand and leverage business opportunities.
Speaking about their participation in the 3rd TGFM exhibition, Peh Yi Han, COO, Mulberry Learning, Singapore, said, “This was our irst participation in TGFM and we were glad that our debut was successful. As a leading education provider in Singapore, our goal is to seek new business partners who could facilitate our expansion into the Middle East region and TGFM offered a perfect platform to meet our objectives. Franchising in the education sector in the UAE has entered its growth phase and is illed with opportunities for preschools. Today, more and more parents are starting to appreciate the value of quality early childhood education and we are hopeful that with the help of our franchise partners, we will be able to ride on this trend enabling our proprietary systems, to expand and grow their businesses.”
He added, “We have a unique preschool offering - not only have we been awarded as Singapore’s Best Preschool for 3 years running, we are also the irst and the only preschool in the world to offer the Habits of Mindtm, a framework for intelligent thinking and behaviour. We believe that children in Dubai and the UAE will be able to beneit tremendously from our programs, similar to how thousands of children in Singapore, Australia and China have, over the years.”
On his part, Rajan Madhu, Chairman, Global Marketing ManagementDWC LLC, said, “Recognized as a leader in the ield of fashion, glamour and lifestyle, this year, GMM not only offered a product but a whole new lifestyle concept at TGFM, which is an affordable luxury segment.