Apr. 20, 2010 (Syndigate) -- Dubai Outsource Zone, the world's first free zone dedicated to the outsourcing industry and a member of TECOM Investments, today announced a strategic partnership with the Arab Outsourcing Forum for the second consecutive year to support the unique business needs of the Middle East region.
To be held from 25-28 April at the Jumeirah Beach hotel, the Arab Outsourcing Forum titled ‘Creating Sustainable Value through Transformational Outsourcing' is expected to attract over 250 key industry players to examine the challenges faced by the outsourcing industry in the region.
Malek Al Malek, Managing Director of Dubai Outsource Zone and Dubai Internet City, ICT clusters of TECOM Investments, will deliver a key note presentation on "Opportunities in Outsourcing."
Al Malek said: "We look forward to sharing our experience to help businesses realize the benefits of leveraging our existing infrastructure - particularly during challenging economic times. Outsourcing is the smartest and most sustainable approach to achieve long term goals for the organization, allowing greater flexibility for businesses to adapt to changing environments..
"Our partnership with Arab Outsourcing Forum will provide a platform for influential industry leaders to discuss ways in which their organizations can collaborate and increase their business presence in the region."
Senior members from DOZ will be present to explore business opportunities and venues of collaboration with other esteemed corporations dedicated to outsourcing.
Jinobi Narain, Director - Arab Outsourcing Conference, TCQ Triangle, said: "Dubai Outsource Zone's strategic alliance with the event will certainly enhance the regional support for the event and we are glad to see that organizations in the Middle East region are now seriously looking at outsourcing as a business model to leverage the economies of scale and drive innovation strategies."
Industry reports from the International Association of Outsourcing Professionals in 2009 reveal that major outsourcing contracts with global giants have increased cost savings to the tune of up to hundreds of millions of dollars, with a rise in quality of services of 94.5 per cent compared with 87 per cent prior to taking the outsourcing route.
The report also highlights the relative stability of outsourcing contracts with customers in spite of the financial impact its had on their businesses, where 43 per cent of contracts remain continually unchanged and only five per cent of the contracts curtailed or were cancelled.
Ranked among the top 50 special economic zones of the future by the Foreign Direct Investment magazine in 2009, Dubai Outsource Zone is home to many leading companies including Emirates airlines, Futech International, Arab Bank (OOTC:ARABF) , AXA (OOTC:AXAHY) Insurance, Wipro, RBS, Mashreq bank, MBS, du and the Jumeirah Group. Already a leading destination in the MENA region, DOZ sets to position the region as one of the top outsourcing destinations worldwide.(c) 2010 Al Bawaba (www.albawaba.com)
(c) 2009 Al Bawaba (Albawaba.com)
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