News

Investcorp hosts its inaugural event in collaboration with Dubai Chamber of Commerce and Industry

2 Oct 2016

– First of a series of workshops and training seminars as part of Investcorp MoU with Tejar Dubai Youth Council

– A group of young Emirati business leaders attended the Seminar

Investcorp, a leading provider and manager of alternative investment products, hosted a group of young Emirati business leaders at the Dubai Chamber of Commerce and Industry’s headquarters in Dubai, on Thursday 29 September, for a knowledge-sharing seminar on “How to take mid-market companies to the next level”. This is the first of a series of workshops and training seminars that Investcorp had agreed with the Dubai Chamber’s Tejar Dubai Youth Council in a Memorandum of Understanding (MoU) signed earlier this year.

Led by Investcorp’s Co-Chief Executive Officer, Mohammed Al-Shroogi, and Head of Corporate Investment – North America, David Tayeh, the Seminar discussed Investcorp’s extensive experience in working with family businesses in the GCC region and worldwide, and the expertise it has in place to transform businesses into industry leaders and move them into the next phase of their growth strategy.

In his opening remarks, Mr. Al-Shroogi emphasised Investcorp’s ongoing commitment to share knowledge and expertise in the UAE and Dubai in particular, saying: “We see the UAE as a second home for Investcorp as we have been active in this market since the inception of the Firm. It is outstanding to see how the UAE continues to be a model that inspires other countries around the world. What Dubai has achieved over a very short span of time is testimony to the great efforts of entities such as Dubai Chamber of Commerce and Industry.”

“Through our partnership with the Dubai Chamber, we hope to strengthen and further our long-term relationship with the UAE and aim to pass on our deep knowledge of the region to the next generation of Emirati business leaders.” Al-Shroogi added.

Commenting on the event, Saif Al Shafar, Chairman,Tejar Dubai Youth Council, said: “Coming within a few months of signing of our MoU with Investcorp, this first of a series of workshops and training seminars demonstrate the commitment of Tejar Dubai Youth Council’s efforts in equipping young entrepreneurs with the necessary skills to survive in the market place. This training will go a long way in providing the much-needed knowledge, expertise and foundation for our enterprising Emirati youth to succeed in the business world.”

Investcorp’s partnership with Tejar Dubai Youth Council aims to strengthen the cooperation and coordination of the two organisations to promote the development of skills amongst young Emirati business leaders in Dubai through thought leadership and knowledge sharing seminars.

Tejar Dubai’s Youth Council, established in 2015, is composed of 20 young entrepreneurs from various sectors. The council aims to unify the voice of citizens and entrepreneurs, helping them grow and develop under the Dubai Chamber umbrella. The launch of the council, with the support of Tejar Dubai, a Dubai Chamber initiative, promotes entrepreneurship amongst young citizens.