AWI Monthly Newsletter- November

November, 2016 Aspire InvestmentsASPIREINVESTMENTS MmOagNaTzHinLYeGlobalShakehandsDh4.5BillionInvestment to make Emirate Innovation hub for EntrepreneursNovember2016UAE is captivating Aspire PersonaChinese buyers Dr. Munir Ahmad Ch.Aspire 01news beat

Aspire Investments November, 2016contents 04 05Aspire Persona 09 Aspire President 10 11Global Shakehands 14 15 Aspire signed MoU with MCP 16 Aspire signed MoU with FMC 17WEDDING SHOWCASE Organizer: Munazza Ehtisham & RisheLAUNCHIGN CEREMONY Of Royal Business ClubAWI BUSINESS MEETINGS With Dr.Munir Ahmad Ch.ASPIRE News BeatAWI CertificatesUAE is captivating Chinese buyers Dh4.5 billion investment to make Emirate innovation hub for entrepreneurs

contents 04 09 05 11 14 10 16 15 17

AAssppiirreeInInvveesstmtmeenntsts NNoovveemmbbeerr,, 22001166ASPIRE PERSONAA restless soul, a perfectionist, a mind boggling When it comes to business, he is an admirableidealist and a revered intellectual; this is how we negotiator and a stout nerved task achiever whodescribe Dr. Munir. His unique sense of comparison knows to fetch the best for his stakeholdersand his principle oriented persona provide for his (friends). As a goal oriented investor, he has verycharisma. He is known by his magnetism, audacity successfully achieved high yielding rewards andand commitment, that’s how his friends call him meritorious recognitions. MAC’s myth doesn’tMAC. MAC’s impressions have casted glorious end at business; he is equally active at social servicetrails to follow. If someone is looking for excellence with a reformist approach. His NEXL Group’s CSRand professional limb known as Savioraccomplishment, Foundation hasMAC is the one to been at the forefrontrelish. As a person, of immunizationhe hates mediocrity campaigns againstand welcomes the Hepatitis whilecourage to venture another departmentinto the realms was activelyof impossibilities. participating inHe is a dynamic disaster relief effortsentrepreneur with a after earthquakeremarkable twenty in Pakistan andyears’ experience also helping youthin several areas towards sustainabilityincluding industrial through enterprisemanufacturing, development. “Wheninvestments & services MAC is down tosectors. nothing, he is always up-to something”,Everyone who meets that’s what his oldthis unforgettable time acquaints tellsoul desires to be about him. Dr.friends with him. Munir’s legacy spans D r. Munir AhmaPdresCidehnt.Perhaps that’s the reason behind the secret of his just two decades but his accomplishments havebusiness success. He is devoted to the certainty of been honored with President’s Award from thethe companionship. A friend of the friends and a President of Islamic Republic of Pakistan. Presently,friend indeed, his colleagues, partners, associates, he assumes his responsibilities as Chairman of theco-workers, acquaints, business contacts, all end NEXL Group & Savior Foundation. He sits on theup being his friends eventually. Reliability, care, board of directors of Aspire World Investmentsnon-invasive attitude and a blissful smiley that is as its President and also advises several businesssomehow attached to his legendary moustaches help organizations including financial institutions andhim retain his social map. corporate entities. 04

AspNiroeveImnvbeesrt,m2e0n1t6s AspNiroeveImnvbeesrt,m20e1n6tsGlobal ShakehandsAspire signed MoU with MCP 051

Aspire Investments November, 2016The Aspire World Investments (AWI) and MidasCommunications Pakistan (MCP) on Friday23 September, 2016 signed a memorandum ofunderstanding MoU at a ceremony in Dubai. TheAWI President Dr.Munir Ahmed and the MCPCEO Nadeem Akbar signed the MoU.According to a statement, the event broughttogether high growth investment start-ups,international investors and successful businessleaders in unique one day event, in a bid tostimulate start-ups.The event also featured key note speechesfrom successful entrepreneurs on networkinginvestment opportunities and start up pitches.CEO Express Media Group Mr. IjazulHaq was thechief guest.On the occasion, The Midas CommunicationsPakistan was the only international 360 degreestrategic communication media partner of theAWI. 016

November, 2016 Aspire InvestmentsAspire signed MoU with Fast MarketingThe Aspire World Investments (AWI) and Fast Marketing Consultants (FMC) 23 September, 2016signed a memorandum of understanding MoU at a ceremony in Dubai World Trade Centre. The AWIPresident Dr. Munir Ahmed and the FMC CEO AsgharGoraya signed the MoU.According to a statement, the event brought together high growth investment start-ups in real estate,international investors and successful business leaders in unique one day event, in a bid to stimulateshake hands.The event also featured key note speeches from successful entrepreneurs on real estate networkinginvestment opportunities and start up pitches.CEO Express Media Group Mr. IjazulHaq was the chiefguest. On the occasion, The Midas Communications Pakistan was the only international 360 degreestrategic communication media partner of the AWI. 07

Aspire Investments November, 2016 08

AspNiroeveImnvbeesrt,m2e0n1t6s AspNiroeveImnvbeesrt,m20e1n6tsWedding Showcase Organizer: Munazza Ehtisham & Rishe President AWI visits Wedding Showcase in Dubai, a signature event under Megaline umbrella.Property Show Dr. Munir Ahmad, President AWI & Megaline received IPS insignia from Consul General of Pakistan. Megaline was at the forefront to organize Pakistan pavilion at International Property Show in World Trade Center Dubai 019

Aspire Investments November, 2016Launching Ceremony of Royal Business Club President AWI with HH Sheikh Khalifa bin Khalid Al Hammad at the occasion of thelaunching ceremony of Royal Business Club in Dubai. Mr. Naeem Jamil & H.E Mr. Yousuf Darwish Al Haddad were also present. Dr. Munir Ahmad shares lighter moments with His Highness Sheikh Khalifa bin Khalid Al Hammad at RBC Launch Event in Dubai 0110

AspNiroeveImnvbeesrt,m2e0n1t6s AspNiroeveImnvbeesrt,m20e1n6tsBusiness MeetingPresident AWI received honorable Mr. Patroclos Georghiou, the president of Patroclos Groupfrom European Cyprus at his office in Dubai. Dignitaries discussed about the means of possible cooperation in the large scale capital investments and real estate development joint ventures. 011

Aspire Investments November, 2016AWI Business Delegates from U.K. & Pakistan AWI business delegates from U.K. & Pakistan called upon H.E Mr. KhaledAhmed Mohammed Yousef Al Khoori, member BOD of AWI at his office in Du- bai. Dr. Munir Ahmad escorted distinguished guests as they discussed various means of possible cooperation to boost bilateral investments 0121

AspNiroeveImnvbeesrt,m2e0n1t6s AspNiroeveImnvbeesrt,m20e1n6tsAWI President Meeting with Mr. Mark McKennaPresident AWI with Mr. Mark McKenna, president Walton Global Investments Ltd from Canada at Emirates Palace Abu Dhabi. 1031

Aspire Investments November, 2016 News Beats 0114

AspNiroeveImnvbeesrt,m2e0n1t6s AspNiroeveImnvbeesrt,m20e1n6tsAWI CertificatesAWI Certificates Distributed among volunteers as part of AWI Youth Career Integration Initiative 0115

AspNiroeveImnvbeesrt,m2e0n1t6s AspNiroeveImnvbeesrt,m20e1n6tsUAE is Captivating Chinese Buyers Apart from market cycles, average yields ofIndeed, the UAE may have a dry climate but close to 6% on UAE property are just too goodto Chinese property investors, it’s a veritable for investors to ignore.oasis of opportunity brimming with attractive Average yields in Dubai alone is estimated to bepricing, world-beating yields, and a potential 8% to 10%5, compared to the 2%-3% returnsto develop into a global business and tourism in hub cities like Hong Kong, Singapore, andhub in the coming years. London.Furthermore, this latest sign of the growing 5 factors behind the UAE’s compelling long-presence of Chinese buyers in the UAE shows term growththat it’s not flash-in-the-pan trend. Rather, the Chinese investors are some of the savviest onstellar receipts recorded in H1 2016 are part the bloc, and seeing them position themselvesof a long-term driving trend through which to ride the UAE wave is a pretty solid cue worthdemand from Chinese buyers is becoming noting. We shed light on the five factors drivingmore dominant in the UAE market. the UAE’s multi-faceted long-term growthChinese population in Dubai alone hit 230,000 story:in 2015 – up 53% compared to 150,000 Chinesein 2010.2$273million–that’s #1:Dubai’s2020Expo set to drive propertyhow much Chinese price growthbuyers invested inthe United Arab The World Expo event due to be held betweenEmirates (UAE) October 2020 and April 2021 in Dubai isduring H1 2016. expected to be a huge catalyst for price growth.Enticing UAE market conditions captures With 25 million visitors anticipated to convergeChinese attention in Dubai for this spectacular event – 70% who are expected to be international visitors – theCurrent market conditions in the UAE are UAE government is pulling out all stops toprimed to keep this trend rolling. ensure its success.7Real estate prices have come off in recent Already, the Dubai government has investedyears – 15% y-o-y in 2015 alone, according billions of dollars into its economy to buildto the IMF – but monthly tracking by UAE- infrastructure for the event8, and – just asbased property consultancy Valustrat through it has for host cities in the past – improvedQ1 & Q2 2016 shows buyers are increasingly infrastructure will create value for propertyseeing opportunities in the market and strong investors.chances of a rebound, with stronger sales atkey projects and signs of recovering prices inrecent months.3 1061

AspNNirooveveeImmnbvbeesrr,t,m220e01n16t6s AAssppiNirroeeveIInmnvvbeeesstrtm,m2e0en1nt6tssDh4.5BillionInvestment to make Emirate Innovation hub for Entrepreneurs 1017

AspNiroeveImnvbeesrt,m2e0n1t6s AspNiroeveImnvbeesrt,m20e1n6tsDUBAI // Dubai is to invest Dh4.5bn to make the emirate an innovation hub for global technology businesses andentrepreneurs. The landmark development in the initiative will be a massive new centre of communications and technologyfacilities – at 150,000 square metres, the size of 21 football pitches.The investment will also fund the expansion of DubaiDesign District to include an arts and creativity community, and “incubation centres” for innovative entrepreneurs in the freezones. The initiative is also aimed at encouraging small to medium start-ups at a time when their funding has been restrictedby some traditional bank lenders.It is thought most of the investment will be in developments close to the existing free zones of Dubai Internet City, DubaiMedia City and Knowledge Village, at the heart of Dubai’s premier commercial and residential zones. The plan was announcedat a ceremony on Monday to mark the 15th anniversary of DIC, the first non-industrial free zone, attended by SheikhMohammed bin Rashid, the Vice President and Ruler of Dubai.“Dubai Internet City has supported the transformation of our national economy into a knowledge economy,” SheikhMohammed said. “We have kept pace with great changes in technology. Now the time has come for Internet City to become acreator of change. “The future will belong to those who dare to take new paths. Recently we announced a national vision and astrategic plan on innovation, because this is how we will unlock added value for our nation. Today we announce a new bundleof initiatives that will make us the innovation capital for more than two billion people who live in the region around us.”Sheikh Mohammed also urged the private sector to contribute more to establishing the UAE as a destination and capital forinnovation.“Our innovation facilities will soon open their doors to every talented pioneer, whether they are from the UAE,from the Arab world, or any other nation around the globe,” he said.The aim is to attract the best minds to develop tools, create content, conduct research and develop applications. “We willconnect them with opportunity in the smartest innovation environment in the world,” he said. Mohammad Al Gergawi, theMinister for Cabinet Affairs and chairman of Dubai Holding, said DIC, funded originally by a $200m loan from HSBC, wasthe first of the knowledge-based free zones that have become the hallmark of the emirate.“Now those free zones employ70,000 people in 4,500 companies. It was a calculated risk at the time, but it has put Dubai and the UAE on the right path tobecoming a high-tech leader in the internet and communications, and it has been emulated by many other countries.”When the new developments are completed, nearly a million square metres of Dubai’s free zones will be dedicated toinnovation and incubation of new entrepreneurial concepts. Mr Al Gergawi said the new fund would be used to “supportyouth, for small business innovation and the creation of technical clusters” that would make Dubai an “innovation capital”.He said the vision to create DIC was Sheikh Mohammed’s. “He took me to the desert one day and showed me a place wherepeople had lived 3,500 years ago. He said they made an innovative economy, and so shall we.” 1081

November, 2016 Aspire InvestmentsMidas CommunicationsPakistan is one of thelargest advertisingagencies in Pakistan.Being 360° solutionsprovider, our devotedteam is always gearedup to bring creativerevolution and gamechanging advertising. 01

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