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Dubai to host inaugural Basketball Champions League 2024

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In a landmark agreement unveiled at the Arabian Travel Market (ATM) exhibition held at the Dubai World Trade Centre, the International Basketball Federation (FIBA) Regional Office Asia and Shabab Al Ahli Dubai have officially announced their partnership to host the highly anticipated Basketball Champions League Asia 2024. The ceremonial signing, attended by Mr. Hagop Khajirian, FIBA Executive Director Asia, and Majid Sultan, Executive Director of Shabab Al Ahli Dubai, marks a significant milestone in the world of basketball. Also present was Mr. Ahmed Al Khaja, CEO of Dubai Festivals and Retail Establishment (DFRE), part of the Dubai Department of Economy and Tourism, emphasizing the strategic importance of this collaboration. This partnership sets the stage for an electrifying championship experience, showcasing the dynamic fusion of sport and culture in Dubai.

Last week, FIBA Regional Office Asia awarded the hosting rights of the inaugural Basketball Champions League Asia to the city of Dubai, underscoring its status as a premier destination for sporting events of international acclaim.

Expressing his enthusiasm for the upcoming tournament, Mr. Khajirian stated, “This club competition in Asia boasts a rich history and tradition, yet this year’s edition holds special significance as it marks the debut of the rebranded Basketball Champions League Asia. It represents another strategic milestone in fulfilling FIBA’s objective of reshaping the landscape of international club competitions.“

I am thrilled and eagerly anticipating the tip-off in Dubai. For this, I want to extend my gratitude to Shabab Al Ahli Dubai and the UAE Basketball Association for their support and facilitation in organizing this inaugural edition in Dubai, he added.

“We at Shabab Al-Ahli Club are delighted to host the inaugural edition of the Basketball Champions League Asia. The trust bestowed upon us by FIBA Regional Office Asia  underscores Dubai’s stature as a premier destination for athletes and sporting events. With our outstanding infrastructure and talented team, we embrace the challenge and pledge to deliver an extraordinary edition.” said Mr. Sultan.

“I want to thank the Dubai Department of Economy and Tourism in Dubai for their invaluable cooperation and support in unveiling the BCL Asia 2024 hosting agreement contract signing at the Arabian Travel Market. This partnership not only captures the spotlight among attendees, exhibitors, and media but also underscores the synergy between event organizers and the host city, amplifying anticipation for the upcoming tournament and nurturing industry bonds. We appreciate the Department’s ongoing assistance in ensuring the success of the event, he added.
Ahmed Al Khaja, CEO of Dubai Festivals and Retail Establishment (DFRE), said: “Our commitment to bringing world-class international sporting events to Dubai aligns with the strategic goals of the Dubai Economic Agenda, D33, to further consolidate Dubai’s position as a leading global city for business and leisure.  Sport is a central pillar in our tourism and events ecosystem, and the Basketball Champions League Asia 2024, which further strengthens Dubai’s year-round international sports calendar, is set to attract spectators from around the world, as well as appealing to basketball fans among our resident population. As Dubai looks forward to hosting this championship for the first time, we are confident it will be a resounding success, delivering an exceptional experience to players and spectators alike, and further highlighting Dubai’s position as an international events destination.”

Slated to be played from 9 to 15 June, the inaugural edition of Asia’s top-tier club competition will feature 8 champion clubs from 8 Asian countries. Two of these eight teams, Pelita Jaya Basketball (Indonesia) and NS Matrix Deers (Malaysia), have already secured their spots through the recently concluded BCL Asia Qualifiers. Two additional spots will be secured by the finalists of the FIBA West Asia Super League (WASL) Final 8.

Announcements

Dubai announces Dh1.5 billion package to protect jobs and support businesses

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Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum has approved a fresh Dh1.5 billion economic support package aimed at protecting jobs, easing pressure on businesses and strengthening Dubai’s economy during a challenging period for the region.

The latest measures bring the total value of Dubai’s recent economic support initiatives to Dh2.5 billion, following an earlier Dh1 billion package introduced earlier this year.

The new package includes 33 initiatives that will be rolled out over the next three to 12 months, targeting key sectors including tourism, hospitality, trade, education and customs services.

One of the biggest beneficiaries is Dubai’s hotel and tourism industry, with several major fee relief measures announced to reduce operating costs.

Hotels across the emirate will be allowed to postpone 100 per cent of government sales fees on rooms as well as food and beverage services for three months. The relief applies to hotels, hotel apartments and holiday homes.

Dubai has also postponed the Tourism Dirham fee, a charge applied to hotel stays for up to 30 consecutive nights, for the same period. Hotels will additionally be exempt from permit, postponement and cancellation fees related to events.

Retailers and commercial businesses are also expected to benefit, with Dubai removing additional charges linked to sales campaigns and promotional offers. The move is likely to encourage more discounts and shopping promotions across the city over the coming months.

The package further includes streamlined procedures for residency permit issuance and renewals, although detailed implementation guidelines are yet to be announced.

Other sectors receiving support include education, customs, transport and aviation. Measures include deferred licence renewal fees for educational institutions, payment deferrals in the transport sector, an 80 per cent reduction in customs fines and a 50 per cent cut in fees for renewing civil aviation permits.

In a statement shared on X, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum said the initiatives reinforce Dubai’s economic resilience and competitiveness while strengthening partnerships between the government and private sector.

He added that Dubai remains committed to supporting businesses and residents while continuing to position itself as a leading global economic hub.

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Dubai property boom fuels ANAROCK’s Middle East expansion plans

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ANAROCK Group has announced a major leadership reshuffle as it looks to expand its footprint across the Middle East and Europe, with a strong focus on Dubai’s growing real estate market.

The independent real estate consultancy said the appointments come as the region enters a new phase of growth, driven by rising investor confidence, infrastructure expansion and increasing demand across residential and institutional real estate sectors.

New leadership appointments

Anuj Kejriwal has been appointed CEO, EMEA, while continuing his current role as Founding Partner and Head of Retail Advisory.

In his expanded position, Kejriwal will oversee the rollout of ANAROCK’s institutional advisory services across the Middle East, including capital markets, land services, consulting and valuation.

The company said Dubai will act as the launchpad for its wider regional expansion strategy before moving into broader European markets.

Meanwhile, Aayush Puri has been named CEO – Residential, Middle East and CEO of ANAROCK Channel Partner (ACP).

He will lead the firm’s residential business across the region while continuing to oversee the international operations of ANACITY, the group’s proptech and property management platform.

Focus on Dubai’s growth

According to ANAROCK, Dubai’s real estate market remains one of the key long-term growth drivers for the company, supported by strong economic fundamentals and sustained investor demand.

The firm also plans to hire senior local talent across consulting, residential and capital markets divisions as part of its expansion push.

Anuj Puri, Chairman of ANAROCK Group, said the leadership changes reflect the company’s commitment to strengthening its regional presence and capturing new cross-border opportunities in one of the world’s most dynamic real estate markets.

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New women-focused platform launches in Dubai with regional expansion plans

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A new women-focused platform has officially launched in the UAE with ambitions to become one of the GCC’s leading ecosystems for female empowerment, entrepreneurship and community support.

FEMPOWERMENT was founded by Kirsten Jenna Michaels and Alexander Sailer and aims to support women through business opportunities, coaching, education and networking initiatives.

Launched in Dubai, the platform combines community events, business launch support, workshops, coaching programmes and large-scale experiences designed to help women grow personally and professionally.

At the centre of the initiative is the Women’s Business Launchpad, a programme created to help women set up and scale businesses in the UAE through partnerships with banking, licensing and business service providers.

Founder and CEO Kirsten Jenna Michaels said the platform was designed to move beyond traditional empowerment messaging and focus on creating real opportunities for women.

The platform also features tiered membership programmes offering access to networking events, certifications, workshops and coaching experiences, alongside promotional opportunities for female-led businesses.

Co-Founder Alexander Sailer said the long-term vision is to build a scalable ecosystem that helps women access funding, launch ventures and create sustainable growth opportunities across the region.

Alongside its business and networking focus, FEMPOWERMENT has also pledged to support social impact initiatives, including plans to provide meals for 1,000 labour camp workers in the UAE and contribute to healthcare and education-related causes.

The organisation plans to expand across the GCC and international markets as part of its broader growth strategy.

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