The Center for Executive Development at University of Dubai (UD) recently hosted the 11th Annual International Business Fellowship (iBF) program for 20 delegates from Singapore.

During the iBF program, organised from August 31 to September 4, 2014, the delegates explored the opportunities offered by the UAE to set up businesses in the region.

Over the last few years, the UAE, particularly Dubai, has been attracting people from companies in Singapore and other far Eastern states, who see the country as a stable location to set up their business.

Dr Issa Bastaki, president of University of Dubai, said that the university and its Center for Executive Development (CED) are keen to foster and support international programs such as the iBF.

He added that the iBF covered several aspects related to business issues like understanding business culture and communication, setting up joint ventures, UAE labour laws and people management issues.

Dr Bastaki stated that in addition to CED and its supportive role in hosting the Singapore delegation, UD’s internationally accredited College of Business Administration has also participated in this business event. He added that UD’s educational mission supports such seminars and workshops to widen business aspects and facilitate international trade and commerce.

During the event, the Singapore delegation – consisting of CEOs, presidents and general managers of several companies working in education,  fashion, law, energy and other industries – visited local and governmental entities, including the Department of Economic Development in Dubai. Several experts from prominent organisations in the UAE addressed the delegates during the visit. A networking session was also organised for the delegates by UD to facilitate dialogues between the delegates and prominent business houses in the UAE.

The delegation’s visit concluded with an awards ceremony at Al Ghurair Rayhaan hotel in Dubai, during which Dr Bastaki distributed the awards to the 20 delegates and thanked them for their visit to the UAE. The visit was co-sponsored by IE Singapore.  – TradeArabia News Service