Middle East 5

The Capial Club opens in DIFC

The Capital Club, Dubai's premier private business club, was officially opened on 9 April by HH Sheikh Ahmed Bin Saeed Al Maktoum, the club's honorary chairman.

Signature Clubs International, developers of the Capital Club, hosted the club's board of governors, members and dignitaries at a reception to celebrate its official opening within the new Gate Village in the heart of the Dubai International Financial Centre (DIFC).

"The aim of the Capital Club is not only to serve the growing executive community of DIFC but also to be the premier private business club of the region," said HE Dr Omar Bin Sulaiman, Chairman of the Capital Club and Governor of DIFC. "I am confident that we now have a business club on par with the finest in the world, and linked to other top clubs around the globe. By harnessing the power of networking and community, the Capital Club will add considerable value to the business sector in the region."

Through the success of the Capital Club in Dubai and with the backing of its main shareholder Abraaj Capital, Signature Clubs International is establishing a leadership platform in the development of prestigious private business clubs, with further openings planned across the Middle East from Turkey in the North to the subcontinent including Abu Dhabi, Amman, Bahrain, Istanbul and Karachi. The Capital Club, Bahrain is likely to open in 2008.

"The club supports the personal and business needs of members by providing an exceptional platform for entertaining, natural networking and relaxation," said Guy Guillemard, CEO of Signature Clubs International.

"The mission of our clubs is not to be the largest, the grandest or the most expensive, but simply the preferred private business club for the leaders of the community in business, finance and government. The Capital Club aims to offer the utmost in service, exclusivity and privacy, but in a relaxed and comfortable environment, very much like an extension of the ideal home," he said.

"The economic development of the region coupled with the diversity of nationalities making business decisions here have led to the demand for a new gold standard in private business and networking clubs: strategically-located sites that offer exclusive and luxurious surroundings for meetings, entertaining, and relaxation. We see the opportunity for club development increasing exponentially to complement the commercial growth of the Middle East. North Africa and the Asian Subcontinent," Guillemard added.

Since its launch in late 2006, the Capital Club has attracted almost 1,000 members, including some of the region's most senior decision-makers, and leaders in business, finance and government. Little expense has been spared to create within the DIFC an elegant and welcoming ambience in which to meet, to exchange ideas and to entertain guests. The luxury decor of the club - which houses restaurants, lounges, private meeting rooms, a wellness area, and guest rooms - is exquisite and includes contemporary art from the region, fine antiques, handcrafted furniture and rich imported fabrics.

During the last 18 months, the Capital Club's events committee has hosted exclusive events with high-powered international guests and speakers. These have included HRH Raja Dr Nazrin Shah, violin virtuoso Miha Pogaènik, President of the Institute of Development of Intercultural Relations through the Arts; HE Dr Omar Bin Sulaiman, Governor of the Dubai International Financial Centre; former Costa Rican President and CEO of Grupo Felipe IV in Spain, José María Figueres; and acclaimed business advisor, speaker and author Ram Charan.

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