Welcome our new member Ratiolex

Ratiolex is a boutique law firm specialising in international and domestic dispute resolution Ratiolex’s assignments mainly consist of counselling domestic SMEs and family businesses, international companies, state-owned companies and states in legal proceedings in Finland and abroad. Our firm’s core values are high quality and uncompromising work ethics in all our assignments. For 20 years, we have successfully represented our clients in dispute resolution before all general courts and in domestic and international arbitration proceedings. In addition, partners of our firm serve as arbitrators in domestic and international arbitrations. Our firm belongs to the Finnish Bar Association. We comply with the rules and regulations of the Finnish Bar Association governing legal ethics and conduct.

Contact:

Timo Ylikantola

timo.ylikantola@ratiolex.fi

www.ratiolex.fi

Nordic Padel Tournament 6th edition

The 6th Nordic Padel Tournament took place on Friday, 24th October, at Club Padel, bringing together 58 enthusiastic players representing all four Nordic countries.

Despite the warm weather, it was a vibrant and fun-filled afternoon filled with great energy, sportsmanship, and plenty of laughter. The day concluded with a relaxed BBQ and prize-giving ceremony, celebrating another successful edition of this much-loved event.

A big thank you to Arla, our Drop Shot sponsor, for providing all players with their delicious and nutritious puddings and yoghurts, as well as to all our other Bandeja product and prize sponsors for their invaluable support in making this tournament a success.

Winners:

  • Ladies Series

    • 1st Place: Sofie Dahlman & Hanne Helveg

    • 2nd Place: Riikka Kytösaari & Pauline Madani

  • Beginners Group

    • 1st Place: Ditte Laurenborg & Christian Laurenborg

    • 2nd Place: Ayman Kabbara & Georges Menassa

  • Intermediate Group

    • 1st Place: Usman Sheik & Niklas Abrahamsson

    • 2nd Place: Rauno Vänni & Andres Garrido

  • Advanced Group

    • 1st Place: Egon Nelson & Andreas Khalaf

    • 2nd Place: Karan Partovi & Sebastian Zawadski

Congratulations to all players and thank you for being part of the Nordic Padel community — we look forward to seeing you at the next tournament!

Thank you to our Drop Shot Sponsor

Thank you to our Bandeja Sponsors

Welcome our new member eCargo World

eCargoWorld, established in 2010, is a family-owned and operated global freight forwarder. With extensive expertise in air, sea, and land transportation, we are dedicated to optimizing supply chains and ensuring the timely and secure delivery of goods. Our worldwide presence, combined with a strong commitment to excellence and customer satisfaction, allows us to provide tailored solutions that address the unique needs of businesses around the globe.​

Headquartered in Zurich, Switzerland, eCargoWorld manages an agency network spanning 189 countries.

Our offices are located in:

 Zurich (Switzerland)

 Tallinn (Estonia)

 Taipei (Taiwan)

 Hong Kong (PRC SAR)

 Lahore, Karachi, Sialkot (Pakistan)

 Dubai (United Arab Emirates)

 Moscow (Russia)

 Almaty (Kazakhstan)

 Jakarta (Indonesia)

Contact:

ae.dxb@eCargoPlus.com

www.eCargoPlus.com

FBC Member in a Spotlight - Meet Mirva Puupponen from EPH Real Estate LLC

1.      What brought you to Dubai, and how did EPH Real Estate get started? 

I moved to Dubai sent by German investors in 2022 to set up a real estate investment company and to operate it. I learned a lot cause the company was started from scratch and I had to study the market by myself and make all the contacts. Later I noticed that I received more varied enquiries than what I had in the portfolio and we decided to set up the EPH Real Estate to serve our clients wider and also to build an international team.

2.      What are the current trends you’re seeing in Dubai’s real estate market? 

I am seeing a strong demand now and in the future for family living - means community living with elevated services inside of the community. Investing in offplan properties is still trendy, especially overseas clients can easily invest with flexible payment plans without a mortgage. The luxury segment is still expanding driven by wealth migration and safe-haven investment demand. Mortgage buyers in amount are breaking records,  since a lot of tenants turn into owners. Some other trends to be mentioned: plunge pools on the balcony in apartment buildings, lagoons and water features in communities, themed communities as "healthy living" or "forest living" or "farm living" etc. Also some new projects integrating AI to the apartments in order to monitor and create well-being in the living.

3.      What do you expect to see in terms of pricing, demand, and foreign investment over the next 5–10 years? 

To my mind we have to see different market segments and areas.To make a generic statement for the overall Dubai real estate market would be wrong. I am sure hot areas are going to grow in their price, and I also expect some villa and townhouse communities to rise in price - yes, some are still undervaluated - but there might be areas which are now in a mature phase and due to new areas these might stagnate. We also have to keep in mind the impressive rental yields holding steady at 6-7%.  Personally I dont see an overall drop in the next couple of years, if not a major political crisis will shake the trust in the UAE. In 5-10 years I expect Dubai and UAE to grow according to their plans. The fact that from 2008 to 2025 the city added 2.4 mill. residents, more than doubling its size, is very impressive.  According to the projections the residents will hit 5 mill in 2029-2030, requiring 300,000 new housing units.

4.      What advice would you give to fellow FBC members who are thinking about investing or working in Dubai’s property sector? 

First, I always tell to think about the future exit - before investing. Secondly, use a trusted agent who will tell you the truth and will guide you through all the way long. Thirdly, define your investment goal (capital appreciation, rental yield or both),  your budget and the time line. A good agent will offer you properties that suit to your personal strategy. If you want to start to work in real estate, it is a rewarding and exciting opportunity. Not a single day is the same!

5.      How do you spend your free time when you’re not helping people find their dream homes? 

Mostly by spending time with my family: my husband, two kids 8 and 9 years old and our dog. We also love to travel, good food and also just chilling at home.

Meet the mentors and mentees of 2025/2026

The Swedish Business Council, with support from the Finnish and Norwegian Business Councils, is proud to launch the 6th edition of our Mentorship Program.

After receiving a large number of inspiring applications over the past months, we are excited to bring together close to 50 participants for this year’s program.

Over the next six months, mentees will work closely with their mentors to set and achieve personal and professional goals, guided by the insights and support of experienced professionals.

The program kicks off with the mentorship launch event, featuring a lively speed-networking session where mentees can meet potential mentors and request matches aligned with their aspirations.

This journey of growth and collaboration continues through April 2026, offering participants the opportunity to unlock new possibilities and forge meaningful connections.

We are delighted to introduce the mentors and mentees of the 2025/2026 Mentorship Program!


Welcome our new member EPH Real Estate L.L.C

At EPH Real Estate, we are a dynamic and expanding real estate agency based in Dubai, one of the world’s most exciting property markets. With our experienced and diverse international team, we offer expert services in sales, rentals and investment opportunities. We are dedicated to excellence, integrity and accountability in all that we do. 

We speak English, Finnish, German, Swedish, Uzbek and Hindi.

Core Services:  

  • Residential Sales and Leasing  

  • Off-Plan Property Sales  

  • Property Investment Consultancy  

Core Values:  

  • Integrity: We uphold the highest standards of honesty and fairness.  

  • Excellence: Dedicated to delivering excep>onal services and results.  

  • Customer-Centric: We tailor our services to meet the unique needs of our clients

Contact:

mirva.p@eph-realestate.com

Stakeholder Survey Report

Finnish Business Council UAE – Customer Feedback Survey Report June 2025

1. Executive Summary

  • 39 respondents completed the survey (corporate, individual, and non-members).

  • Overall satisfaction is high: 71.8% are satisfied or very satisfied.

  • Event attendance is moderate: most attend occasionally (46%) or rarely (33%).

  • Main barriers to attendance: timing (33%), subject relevance, and location.

  • Members want more networking, expert panels, and social/cultural events.

  • Preferred communication is overwhelmingly email newsletters (51%) and WhatsApp updates (40%).

  • Open feedback highlights a desire for women-focused events, social committees, and varied thematic content.

2. Respondent Profile

Membership Types

  • Individual Member: 48.7%

  • Corporate Member: 28.2%

  • I am not a member: 23.1%

Membership Duration

  • More than 2 years: 48.7%

  • 1-2 years: 15.4%

  • I am not a member: 15.4%

  • Less than 6 months: 12.8%

  • 6–12 months: 7.7%

3. Membership Satisfaction & Engagement

Satisfaction Levels

  • Satisfied: 53.8%

  • Neutral: 23.1%

  • Very satisfied: 17.9%

  • Unsatisfied: 2.6%

Event Attendance

Occasionally (every few months): 46.2%

  • Rarely: 33.3%

  • Regularly (every month): 10.3%

  • Never: 10.3%

Reasons for not attending

  • The date and time usually don’t suit me: 33.3%

  • The subject matter is not interesting to me: 33.3%

  • The location is not convenient: 25.1%

  • The price is too high: 8.3%

4. Event Preferences

Respondents expressed interest in networking nights, expert panels, social or cultural events, company visits, and business breakfasts.

5. Communication Preferences

Email newsletters and WhatsApp updates messages was the preferred way of communication.

6. Open Feedback (Selected Themes)

- FBC could establish a social committee that could organize more non-casual events. For example, the Swedes have a women’s committee that is very active and organizes many different kinds of events.

- Finnish Ladies group in AD and Dubai

- I’ve been happy to witness FBC’s development over the past 7 years in Dubai. The events have become more substance focused which is great, instead of just random drinks. I welcome more events with varied themes around different development in the Middle East.

- For me, the biggest reason for not attending is the timing of the event. I work full time and as the events are not specific to my role, I cannot take time off to attend.

- News about the Finland manufacturing  companies for technical & industrial products and exhibitions in Finland 

- At the moment I am just observing business opportunities from Finland

- Increase the number of events like one per month

- The women’s event was good, and perhaps also targeted group meetings could be arranged, such as networking for solo entrepreneurs, bringing together/open idea pitching for start-ups, and then something completely random like a Karelian pie and gravlax workshop.

7. Recommendations

1. Improve event timing flexibility – explore more morning/lunch options.
2. Diversify event formats – balance business panels with networking and cultural events.
3. Launch women’s and social subcommittees.
4. Strengthen communication via WhatsApp & email.
5. Increase event frequency – aim for at least one per month.
6. Leverage partnerships with other business councils to broaden reach.