ABU DHABI: The Emirates Association for Franchise Development (FAD), chaired by Ahmed Khalifa Al Qubaisi, CEO of the Abu Dhabi Chamber and Chairman of FAD, today held its inaugural meeting.
The meeting was attended by FAD board members, including Mohamed Ahmed Amin as Director-General of the Sharjah Chamber; Maher Taresh Obaid AL Aleeli, Board Member of the Ajman Chamber; Ammar Rashid Al Aleeli, General Manager of the Umm Al Quwain Chamber; Aaref Khalifa Almuzakki, Board Member of the Ras Al Khaimah Chamber; Sultan Jemei AlHindasi, Director-General of the Fujairah Chamber; and Saleh Abdullah Lootah, Director-General of Al Islami Food Company, representing the emirate of Dubai.
During the meeting, FAD Board Members reviewed and discussed FAD’s updated Articles of Associations before officially approving and issuing it, which outline the association’s work strategy, roles, and its commitment to offering services, consultations, and guidance to entrepreneurs in franchising that are based on advanced profession
al standards according to the best international practices in the regard.
The meeting also discussed the nomination of 2 to 5 private sector companies and institutions from each emirate to represent their respective emirates and participate in the association’s subcommittees.
Ahmed Khalifa Al Qubaisi, Chairman of the FAD, said that the Abu Dhabi Chamber was one of the first contributors to the establishment of the Association.
‘Since 2017, FAD has held a prominent position as an official member of the World Franchise Council,’ he said, highlighting the critical role of the association in advancing the UAE’s economic objectives, which focus on diversifying, expanding, and increasing the private sector’s contribution through franchise development, considering it is a key pillar of FAD’s strategic goals.
The Board Members praised the UAE’s role in advancing the franchise sector, highlighting the Association’s dedication to fostering entrepreneurship and strengthening connections with global franchising netwo
rks. They emphasised the Association’s efforts to support entrepreneurs, protect franchising rights, and raise awareness of the innovative and sustainable benefits of franchising, all of which contribute to the growth of the UAE’s national economy.
Source : Emirates News Agency
