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Middle East’s Most Influential Think Tank Program

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Invest in Dubai Real Estate, in partnership with the International Property Show, is gearing up to organize a Property Think Tank Program on 26th and 27th of May, 2021, at The Address Hotel in Dubai Marina. The two-day event is primed to be the most influential event in the Middle East this year, as it will cater to a more diverse audience involving various sectors and industries.

Through this one-of-a-kind event, Invest in Dubai Real Estate is ready to make its mark in the events industry once again and create bigger opportunities for its attendees. It will bring together participants from different fields to develop innovative solutions towards challenges in their respective sectors which will help in the overall upliftment of the real estate sector.

The members of the Think Tank Program will consist of experts in various fields and all members will be divided into groups, with each group representing a particular sector. Members will collaborate to share their knowledge, expertise, and research works, to innovate new solutions that solve specific challenges.

The program will welcome corporate leaders, real estate developers, investors, technology providers, financial experts, educators, industry specialists, professionals and innovators from different segments. Furthermore, all public and private companies, as well as local and international organizations are also welcome to join and share their knowledge on their respective fields or explore new ideas.

The event will present solutions to address challenges faced in the key sectors of finance, facility management, real estate FDI, marketing, government services, knowledge, lifestyle, smart cities, sustainable cities and PropTech.

For the Financing Sector, the delegates discuss new financing solutions and real estate security instruments that can be made available to lenders and borrowers in real estate that are looking to access working capital for buying and renovating property with the Global CEO of Sherwoods International Property, Iseeb Rehman.

As real estate has remained a popular vehicle driving financial wealth among investors, the Knowledge Sector may discuss innovative solutions with Dr. Hiba Jaber to improve the global competitiveness of professionals in the real estate industry.

Delegates in the Facility Management group can discuss new solutions to streamline the entire facility management process to ensure more functionality, safety and efficiency of real estate properties with the leader of the sector, Dilip Khatwani.

Foreign Direct Investment is crucial in the development of emerging and developing markets. FDI Delegates can brainstorm new solutions to further maximize returns and diversify internationally through real estate investments with Stefan Hickmott.

Real estate is one of the major contributors in the economy and governments must support the real estate market during challenging times. Under the leadership of Shahram Safai, the Government Sector may brainstorm the challenges and solutions when it comes to providing support to existing players in order to prevent a downward spiral.

Lifestyle is one of the most influential factors when buying and selling real estate properties. Nowadays, consumers are constantly seeking properties that have impressive environments and structure, not only to maintain their social status, but also to ensure their safety and security, as well as get the psychological and physical comfort they need. The Lifestyle Sector can discuss challenges and solutions in terms of becoming a positive driving force in enhancing the stability of the real estate industry with sector leader Dereck Hoogenkamp.

The Marketing Sector can brainstorm new solutions on how to sell real estate properties faster and improve ROI through new marketing techniques under Marketing leader Faisal Saeed Zaidi.

The development of smart cities is associated with greater efficiency through technology, thus increasing the value of properties and contributing towards urban development. The Smart & Sustainable Cities group can generate ideas on how to utilize technology more efficiently with the sector’s leader Karim El-Jisr.

The PropTech sector can develop new solutions to improve the positive impact of PropTech in the real estate sector by changing the way properties are bought and sold, streamlining the transaction process and developing solutions for better property management with sector leader Lynnette Sacchetto.

Key learning outcomes of the Think Tank groups will be presented after the brainstorming session. All participants will be given recognition after the activity for contributing their knowledge and expertise to address key issues. 

This year’s edition will be highly beneficial to exhibitors since they will have access to a large pool of visitors which will effectively showcase their world-class projects, and generate lucrative business opportunities. The special onsite event will be an important hub for networking with key stakeholders, major investors and leading organisations, offering generous opportunities to build strong partnerships and collaborations.

Invest in Dubai Real Estate is an opportune event that remains committed to generate vast business opportunities for the Dubai real estate market and to strengthen the emirate’s leading position as an investor-friendly city. According to ValuStrat Dubai 2021 Outlook, new initiatives of the government including the provision of visas for expatriate retirees as well as the expansion of the 10-year golden visa scheme to draw foreigners to reside in the UAE are anticipated to support the real estate market this year.

Also, due to the development of vaccines gradually resolving the current health crisis, the economy of Dubai is expected to further stabilize, in addition to the upcoming Dubai Expo and the UAE’s 50th anniversary.

“The real estate sector is evolving at a rapid speed and it is important that we work together to innovate ideas and nurture connections, even outside the real estate industry. There is no doubt that this year will be even more successful and bring immense benefits to both exhibitors and visitors,” stated Mr. Dawood Al Shezawi, the President of the Organizing Committee of the Invest in Dubai Real Estate.

“The Think Tank Program, the newest offering in this year’s edition will certainly help in the promotion of global opportunities by allowing innovators and forward thinkers to explore and brainstorm solutions together under one platform. This will help address the issues faced in key sectors to ultimately boost the real estate industry, educating our global audience and offering fresh perspectives from diverse audience at the event. Without a doubt, the Think Tank Program will help us find ground-breaking solutions and gain knowledge that will help in the acceleration of economic growth and prosperity,”furthered Mr. Al Shezawi.

For more information on Invest in Dubai, please visit www.iidubai.ae.

Sign up for the event through the link: https://event10x.com/event/property-think-tank-program

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Uzbekistan Continues to Modernize its Tax Administration System

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 The World Bank’s Board of Executive Directors approved today the Tax Administration Reform Project in Uzbekistan, which is designed to improve the operational efficiency and effectiveness of the State Tax Committee (STC) and deliver better services to local taxpayers.

The project will be supported by a $60 million concessional credit from the International Development Association (IDA), with financing provided to the Government at a very low-interest rate and a repayment period of 30 years.

“The Government of Uzbekistan has prioritized reforms in the tax administration system to create a better business and investment environment. The new project will help the STC improve its work in the interest of taxpayers,” said Marco Mantovanelli, World Bank Country Manager for Uzbekistan. “In particular, the project will allow to broaden the tax base, leading to a reduction in the informal sector of the economy, which is estimated to be around 50% of GDP; to increase tax revenues; and to help firms and companies create new jobs, benefiting from a more efficient tax administration system.”

The project includes three key components directed at improving the STC’s operational, institutional, technological and human resource capacities, and promoting voluntary compliance across Uzbekistan.

Component 1 will invest in automating the STC’s core tax administration business processes. This includes developing the STC’s new tax management information system to reduce paperwork and simplify the process of paying taxes by businesses and individuals countrywide; upgrading hardware and technological infrastructure; creating a new data center for the STC; and improving governance and the planning capacity of the STC’s IT department.

Component 2 will assist with designing and implementing measures to reduce the informal sector of the economy. This includes improving the STC’s enforcement capabilities to detect and discourage tax evasion; encouraging businesses to stay out of the shadows, including through the use of non-tax incentives; and developing cooperative relationships with the private sector, including through designing new or simplified tax policies and procedures and building partnerships to change taxpayers’ behavior.

Component 3 aims to strengthen the STC’s human resource and institutional capacities to attract, develop, and retain skilled and knowledgeable tax officials. This includes improving STC’s human resources management policies and building capacity through the continuous professional development of tax officials. 

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Top 5 Examples of Best Nonprofit Grant Proposals

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small-business-economy

Introduction

Compiling a grant proposal is a complicated task. Nonprofits have to conduct ample amounts of research, create multiple drafts and compile everything to fit the criteria of the grant foundation. The odds of getting your proposal accepted are already stacked against you and the best way to ensure success is by staying prepared. One way you can make your grant proposal air-tight is by reviewing successful grant proposals. You can add points from previously successful documents to strengthen your case. 

Preparation is key

Drafting a grant proposal can be a lengthy process. It is a good idea to start gathering data and reviewing it beforehand. Reviewing successful grant proposals can help you get new ideas and perhaps, inspiration even. You can find a list of effective examples on the internet and we have compiled a few here to make things easy for you.

5 Examples of effective grant proposals

To ease the understanding, the examples are divided as per the sectors for which nonprofits often work.

Education

Education is a key foundation for society and if you are looking to seek a grant to support an educational initiative, this particular example might be conveniently helpful.

Salem Education Foundation: This particular grant was submitted by a school that sought to receive funding for enriched learning opportunities that lay beyond the scope of a conventional classroom. This particular grant proposal was written for history students of the school.

Youth

Children can be the most at-risk group of society and there are a multitude of nonprofits that aim to help them. Consequently, there are a huge number of grants that aim to help children fulfill their potential and lead happy lives. The following example is how a grant proposal should look like when the focus of their goal is improving the lives of children.

William T. Grant Foundation: This grant is given to those groups that actively conduct research that is solely focused on improving the lives of young people in the United States. The foundation often publishes accepted grant proposals to help guide those looking to apply. Review their proposals for a better idea on how to craft yours.

Individual and family support

If your nonprofit is actively seeking to serve the disadvantaged population of society, then you will need to submit a proposal that highlights their plight. The following proposal is an example that will help you decide the inclusions for your proposal.

Kennett Area Senior Center: This particular grant was submitted by the Kennett Area Senior Center to the community grant foundation. The grant proposal was a request for funds to provide assistance and necessary services for senior citizens.

Arts

If your nonprofit is aiming to raise funds for an arts program or a project, the following example demonstrates what your grant proposal should look like. Upon review you will be clear on what to include in your documentation:

University of Minnesota’s Imagine Fund: Take a look at various successful proposals that were submitted to the Imagine Fund program. This program is known for supporting arts-related projects.

Science

Whether it is scientific research, conservation, or any form of scientific endeavor, the following proposals can provide you with ideas for your grant proposal. You can review them and figure out what to include and how you can solidify the strength of your proposal.

NIAID: The National Allergy and Infectious Diseases grants various funds to institutes and nonprofits looking to drive advancement in the field of science and scientific research. You can peruse through various types of successful grants and figure out what made each one stand out.

Final thoughts

These examples are just some of many grant proposals that have achieved success. By studying them and reviewing the literature, your nonprofit can take away ideas and insights which can be useful in drafting your proposal.

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Global value chains in the aftermath of the pandemic: What role for the G20?

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Can embedding inclusive and sustainable transformation at the core of multilateral efforts help ensure that countries benefit from integration in global value chains (GVCs)? This was the question addressed by a stellar line-up of speakers brought together for a webinar organized by the United Nations Industrial Development Organization (UNIDO), together with the International Affairs Institute (IAI) and in cooperation with the Kiel Institute for the World Economy and the German Institute for Global Area Studies.

In the framework of the T20 Spring Roundtables, the virtual event brought together more than 200 participants worldwide. The discussion focused on inclusiveness and sustainability in global value chains in the aftermath of the coronavirus disruptions, and served as a platform to develop ideas and recommendations for the G20.

UNIDO’s Director General, LI Yong, said that to build back better, “we can stimulate inclusiveness by focusing our policy efforts on building state-of-the-art capabilities in small and medium-sized enterprises (…) and sustainability through smart regulation, including a new generation of trade and investment agreements.” Moreover, he stressed the need “to increase our joint efforts towards strengthening multilateral approaches to policymaking.

Pier Carlo Padoan, the Vice President of the IAI and T20 Italy Lead Co-Chair of Task Force 3: Trade, Investment and Growth, echoed the sentiment and brought the focus onto how we can strengthen the backbone of global value chains, and reaffirmed that “the G20 must retain its leadership in building up a new paradigm of sustainable growth,” despite the deep flaws and scars created by the coronavirus crisis in the current system.

“Making global supply chains fair and sustainable is a task in which policymakers and private enterprises have to engage,” said Norbert Barthle, Parliamentary State Secretary in Germany’s Federal Ministry for Economic Cooperation and Development. He said Germany’s Due Diligence Act is looking to address these challenges holistically by ensuring higher social standards in global value chains, leveling the playing field, and enhancing transparency in supply chains.

When looking at the playing field, buyers and suppliers find themselves in uneven positions, depending on the governance landscape. In this context, Beata Javorcik, Chief Economist of the European Bank for Reconstruction and Development (EBRD), underlined that “we need clear messaging about commitments to sustainability, we need to reduce information asymmetries,” as this will enhance the inclusiveness of global value chains, allowing for firms of all sizes to engage with and participate in global trade.

Diving deeper into global trade, Pamela Coke-Hamilton, the Executive Director of the International Trade Centre, highlighted the importance of ensuring transparency and predictability for greater participation of small and medium sized enterprises (SMEs) in global value chains. Coke-Hamilton said this can be achieved by mainstreaming and facilitating compliance with international standards, supporting innovation and digital technologies, and promoting sustainability.

Marco Felisati, Business 20 Sherpa and Confindustria’s Deputy Director of Internationalization and Trade Policy, echoed the panel’s view that “there is no trade-off between competitiveness and sustainability.” He highlighted that “on the contrary, complying with high sustainability factors is a competitiveness factor, and being competitive is a prerequisite for GVCs to be sustainable and inclusive.”

Mario Cimoli, Deputy to the Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), reaffirmed that “manufacturing continues to be crucial.” He said in Latin America the pandemic has highlighted that manufacturing remains a key issue, as it is the only way “to expand industry, create diversification, and to sustain wages.”

 As many countries are opening up again after a year of restrictions, speakers agreed that the time is now to look beyond the pandemic and focus on ensuring that global value chains become more inclusive and sustainable. The panel agreed that international coordination through multilateral bodies such as the G20 will be vital in moving forward.   

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