Sharjah 24 – WAM: Noura bint Mohammed Al Kaabi, Minister of Culture and Youth, met with members of the board of the International Federation of the Phonographic Industry (IFPI) in Abu Dhabi.
The London headquartered non-for-profit organisation represents the recording music industry and has offices worldwide. The organisation has established its first office in the Middle East in Abu Dhabi, led by Rawan Al Dabbas, Regional Director for Middle East and North Africa (MENA) region. The regional office is tasked with promoting the value of recorded music, expand its commercial value and campaign for the rights of record producers in the MENA region.
The meeting was attended by Frances Moore, CEO of IFPI, Rawan Al Dabbas, and other members of the IFPI team, along with representatives from the UAE Ministry of Culture and Youth, Ministry of Economy and senior executives from the global and MENA teams of Warner Music Group, Sony Music, Universal Music Group, BPI, Music Canada, Embassy of Music GmbH and SNEP.
The MENA region was the fastest growing region worldwide in 2021, and the IFPI companies are keen to see that continue, partnering with local companies and developing local talent in the process.
Speaking to the IFPI board members in Abu Dhabi, Al Kaabi said, "The UAE is focused on nurturing a thriving creative ecosystem and music is a key element of that. We are looking at the creative sectors to make significant contribution to the national GDP. In order to do so, we need a robust legal framework to not just create a well-defined creative sector but also safeguard the interests of the creatives and support various stakeholders operating in the creative space.
Al Kaabi stressed the role of market research to gain knowledge into the local market to gauge pain points and growth areas to help steer the UAE music industry in the right direction.