Value Partners Opens Regional Headquarters in Dubai Media City
Dubai: 29 November, 2008 – Dubai Media City (DMC), a member of TECOM Investments, today announced Value Partners, leading global management consulting firm with strong multi-sector experience, has opened its regional headquarters at the free zone.
Over the past decade, Value Partners has offered its management consultancy expertise in business, finance, and government sectors, in addition to providing specialized solutions in the new convergent market of telecommunications, IT, media and entertainment. Its clientele includes TECOM Investments, the UAE telecom provider Etisalat, Qatar regulatory body ictQatar, Huawei, Orascom, Sony BMG and other regional and international brands. Santino Saguto, Partner of Value Partners, will lead the new office and coordinate an initial team of 15 professionals serving Value Partners’ client base across the Middle East and Africa.
Dr. Amina Al Rustamani, CEO of TECOM Business Parks, said:
The establishment of Value Partners office in Dubai Media City further strengthens our status among global corporations. The remarkable success of our free zone clusters stems from our array of world class offerings, including total tax exemption, full foreign ownership and convenient setting-up procedures and operation.
Giorgio Rossi Cairo, Chairman of Value Partners, said:
The significant value created for more than 350 clients over the past three years has determined our rapid growth and strengthened our brand worldwide. Our international team draws on over 3,000 professionals from 25 nations, with expertise in different industries. This variety helps us to understand clients’ requirements and guarantee comprehensive consultancy services to match their expectations.
Value Partners chose Dubai for its regional location in Middle East and Africa because of the emirate’s status as a global hub in the same way as New York, Hong Kong or Singapore. By establishing our presence at the media hub in Dubai, we aim at contributing effectively to the growth of the region’s industry. We will leverage on this presence also to support other business and financial sectors as well as government institutions.
Value Partners has 16 locations in 13 countries and assists clients worldwide, focusing primarily on corporate and commercial strategy, financial advisory support, licensing and tendering. Its expertise also extends to issues related to operational improvement, rights management, strategic technology decisions, strategy implementation, policy and regulation.
Dubai Media City has welcomed several leading international media companies looking to establish a footprint in the region. Some of these significant entities include Associated Press, Reuters, Nikkei, Dow Jones International Limited and TD&A DDB.
Dubai Media City was one of the initial projects to be launched to promote Dubai's vision of diversifying its economy through the creation of new knowledge-based business clusters. Since its inception in 2001, Dubai Media City's profile has grown as a solid platform for regional and international media companies seeking a presence in the region.
Notes to Editors
About Dubai Media City
Strategically located at the crossroads of the Middle East, Africa and South Asia, Dubai Media City is rapidly emerging as the region's media hub. The City provides an advanced infrastructure for media-related businesses to operate globally out of Dubai. Dubai Media City is the place where activities Publishing, Music, Film, New Media, Leisure & Entertainment, Broadcasting, Media & Marketing Services, and Information Agencies will thrive. The facility offers an environment that allows companies and individuals to operate with collective synergy and freedom.
Companies based in Dubai Media City have the unique edge of commercial benefits derived from our free zone status including 100 % business ownership and exemption from personal income and corporate taxes. Since its official opening in January 2001, Dubai Media City has grown to become a thriving media community of over 1400 companies and hundreds of freelance media professionals. Several global media giants and promising entrepreneurial ventures have joined this unique community.
About Value Partners
Value Partners, with revenues of over € 400 million (AED 1,855 million) in the end of 2007, draws on nearly 50 partners and 3,000 professionals of 25 nationalities. Value Partners Management Consulting was founded in 1993 and has built its strong international reputation by assisting clients in over 40 countries. It has offices in Milan, Rome, London, Munich, Helsinki, Istanbul, Dubai, Sao Paulo, Rio de Janeiro, Buenos Aires, Mumbai, Shanghai, Beijing, Hong Kong, Singapore and Sydney.
Value Partners provides consultancy services for leading Telecom operators and companies, such as BT Albacom, Telecom Italia, BrasilTelecom, Turk Telekom, Turkcell, Cisco and Siemens. In the financial sectors, Value Partners experience allowed them to work with clients such as Deutsche Bank, ABN AMRO, Intesa Sanpaolo, UniCredit Group, Citigroup, Eurobank EFG, Texas Pacific Group, Tokio Marine Seguradora and Morgan Stanley; in the Media and Entertainment sector, instead, they assisted companies like BBC, Disney, FIFA, Fox, SKY, Reuters, Microsoft and Manchester United. Moreover, in the industry and consumer field they worked with clients such as Pirelli, Carrefour, Nestlé, Marazzi, Whirlpool, Michelin, Ferrero, and United Colors of Benetton.
For further information, please call:
Zeba Ahmad
JiWiN
Tel: +9714 361 3590 (direct)
+9714 361 3333 (switchboard)
+97150 494 2989 (mobile)
Fax: +9714 388 8001
e-mail: Zeba.Ahmad@jiwin.ae
Or
Cynthia Luna-Harb
JiWiN
Tel: +9714 375 5878 (direct)
+9714 361 3333 (switchboard)
+97150 2285363 (mobile)
Fax: +9714 388 8001
email: Cynthia.Luna@jiwin.ae