Business

A unique world class pioneering project to facilitate and support the development of local and international business owners and position the UAE as a leading light in global business innovation is being advanced by Al Ahli Holding Group.

The Dubai-based multi-diversified empire is behind NOMAD, a very ambitious one million square foot business owner and media hub which will be created near to The Mirror Plex (off Al Ain Road), and which, as a global prototype, is readied to drastically transform the entrepreneurial landscape. It will certainly support global residents and foster global skill with equal opportunities, giving industrial stability for their occupations.

The multi-faceted and complete incubator and accelerator design will certainly focus on expanding, nurturing and funding skill. Along with adaptable office and functioning spaces, the first-rate development will certainly comprise modern workshops and makerspaces within the media, cookeries, arts and design, and gaming and modern technology fields; with among the largest 3D printing facilities worldwide. A real differentiator from various other business facilitators, it will certainly likewise boast subsidised co-living plans, thereby enabling participants to live financially while concentrating their efforts on business growth. This has certain relevance for people who appreciate the UAE as the perfect nation in which to function and live, but also for which the costs integral in doing so, are a vital consideration.

It will enable SMEs and talented start-ups, from residence and abroad, to develop and nurture their companies sustained by a business and lawful structure. Running prices will certainly be substantially reduced, therefore attracting the international business community, and sources of innovation to the UAE. Members will also see their businesses increased by accessibility to Al Ahli Holding Group's extensive network of partners and consultants, much of which are in the amusement and media sectors.

The ambitious project will make a really favorable contribution to fulfilling the "Vision 2021" directive to produce an affordable knowledge economic situation in the UAE by the year 2021, as declared by His Highness, Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. It likewise underpins the assistance provided by His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Royal Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Army, to young people empowerment and investment initiatives. It also additionally advancements the program produced by Al Ahli Holding Group to promote innovative entrepreneurship and innovation within the UAE.

Chief Executive Officer of Al Ahli Holding Group, Mohammed Khammas comments: The sheer size, scope and recommendation of NOMAD will certainly put the UAE on the map as a global video game changer when it involves the sort of innovative, turbulent and outstanding entrepreneurship that will certainly guarantee a brilliant, flourishing future for generations ahead. NOMAD will make it totally possible for both local people, and those from outside the UAE, with superb business ideas and ability, to put down origins here and see their company grow, supported by a range of practical and financial support services and progressed on-site centers.

" Making use of our years of experience in establishing brand-new endeavors and becoming aware enthusiastic business plans, we are happy to be completing a world initially principle which will have a huge effect on the future economic situation and prosperity of the UAE. It's a project which furthers dramatically the endeavours of Vision 2021 and we are thrilled to be making this extremely positive contribution.

The project's infra-structure will be established over a 2 year period, with the very first phase going for completion of 2018, making up the center of co-working and workshop resources together with a pilot co-housing community. The second phase, fitting bigger facilities and community development will launch at completion of 2019.

Global market research and consulting company, Frost & Sullivan have actually been collaborating with Al Ahli Holding Group to advance the project. Nikhil Shah, Director, remarks: "Our research studies have shown that there is absolutely nothing like NOMAD anywhere in the world and it's really rewarding to have actually been so involved in its idea creation. It will be a thriving business and living community with a true feeling of cooperation and community at its heart. It will certainly make a big effect on the method which services could flourish for the greater good of a country and will certainly prove a common holder for extreme innovation and economic sustainability."

NOMADs Noora Khammas, Chief Executive Engineer, Al Ahli Holding Group, adds: "NOMADs will certainly be a prospering collective community where individuals could see their suggestions and fantasizes revived. They will certainly not just function however also live alongside other gifted people that share a common purpose. The inconvenience and obstacles fundamental in establishing a business and running it during the very early years are removed, while chances that would certainly not functional costs or access to certain particular niche markets, are instantly offered. That is a big offer due to the fact that in the normal run of business, that procedure could take years, hindering progression and dampening aspiration."

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