UAE franchise sector generates $27.2bn income a 12 months 

The UAE’s franchise business has change into a big contributor to the nationwide financial system, with annual revenues exceeding AED100bn ($27.2bn) and an annual progress fee of 15 per cent.

Regionally, the MENA market is valued at greater than AED120bn ($32.7bn), whereas globally the sector generates greater than AED6tn ($1.63tn) and helps over 19m jobs by way of 2m franchisees.

In celebration of World Franchise Day on June 11, the Emirates Franchise Affiliation, affiliated with the Abu Dhabi Chamber of Commerce and Trade, hosted a high-profile discussion board beneath the theme “Franchise Unites Us and Innovation Leads Us.”

UAE franchises move $27.2bn in income

The occasion, held on the Chamber’s headquarters, introduced collectively a bunch of entrepreneurs, decision-makers, and public-private sector representatives with a shared curiosity within the quickly rising franchise sector.

Organised in collaboration with the Khalifa Fund for Enterprise Growth and the Abu Dhabi Businesswomen Council, the discussion board centered on methods to develop UAE-based franchise manufacturers each domestically and globally.

This financial footprint underscores franchising’s function in empowering entrepreneurs, creating jobs, and fostering sustainable enterprise ecosystems.

Noor Al Tamimi, Chairwoman of the Emirates Franchise Affiliation, mentioned that celebrating World Franchise Day reinforces the franchise sector’s standing inside the UAE’s financial ecosystem, particularly contemplating nationwide efforts to diversify sources of earnings and promote an entrepreneurial tradition.

She emphasised that franchising at the moment is a sensible instrument for enterprise progress, enabling entrepreneurs to function inside an built-in operational system, permitting them to learn from information, coaching, and institutional help.

Al Tamimi mentioned: “The Emirates Franchise Affiliation continues to implement its nationwide technique aimed toward enabling Emirati manufacturers to develop domestically and globally. The relaunch of the Affiliation’s company id has been a big turning level in its journey, particularly after it acquired official recognition from the World Franchise Council, which made it the accredited consultant of the UAE at this worldwide discussion board.”

She confirmed that the Affiliation hopes to be a strategic associate in constructing an built-in franchise ecosystem within the UAE, one that’s primarily based on supportive laws, accessible financing, specialised coaching, and worldwide illustration.

The discussion board featured a key dialogue session titled “Assembly of Minds”, the place franchise house owners, consultants, and specialists mentioned alternatives and challenges in rising native franchises. Subjects included authorized frameworks, operational readiness, and monetary help mechanisms crucial to reaching aggressive and sustainable enlargement.

A presentation showcased profitable Emirati manufacturers which have scaled by way of franchising, and celebrated the Affiliation’s ongoing efforts to construct a future-ready franchise panorama primarily based on innovation and effectivity.

Among the many highlights of the occasion was the “Franchise Stroll,” a showcase of choose native and worldwide manufacturers, offering attendees with direct insights into numerous enterprise fashions. In the meantime, advisory classes have been held in collaboration with skilled consultancy corporations, providing hands-on steering relating to the authorized, regulatory, and operational elements of franchising.