The Future’s Bright for Business Start-Ups in Dubai
Innovation in start-up incubation hubs, progressive government policies and flying cars - in Dubai, tomorrow is already here.
Far from slowing down, Dubai’s explosive growth over recent decades is poised to accelerate even more thanks to the World Expo 2020 that is taking place until March 2022. Already synonymous with high-tech urban landscapes and affluent tax-free lifestyles, this uber-modern metropolis is embracing the future with initiatives and innovations that place the city years ahead of its global counterparts. Dubai is one of the region’s leading specialists in assisting with offshore startups and new FDI business ventures,
Europe Emirates Group is witnessing first hand the effects of this entrepreneurship and innovation explosion. As a key part of the UAE’s Centennial 2071 strategy to become the world’s strongest country in areas like education, economy, government development and community cohesion, the Emirati government launched Area 2071.
Situated in the Dubai Future Design Centre, Area 2071 is a dedicated start-up accelerator and meeting hub; it’s a hotbed of venture capital, R&D, innovators, entrepreneurs, start-ups and SMEs where new ventures burst into life like nowhere else on Earth. Also home to the UAE Government Accelerators and the $270M Dubai Future Accelerators programmes which were conceived with the intention of supporting innovation in government, it’s essential for Dubai’s ambitious vision of the future.
Dubai: a Business Hub
Here’s a quick breakdown of what makes Dubai the ideal start-up hub:
Dubai was the birthplace of Careem, the ride-sharing service that’s now booming in cities across the Middle East
Bridg, the peer-to-peer mobile payment app was also created in Dubai
Dubai boasts a central location, benign tax and regulatory regimes, government policies geared towards free trade and diversification from an over-reliance on oil
Dubai is one of the world’s five fastest growing metropolitan areas. With such abundant government support for new business, it’s the start-ups that identify and make the most of the business environment and are best-placed to hit the ground running. At Europe Emirates Group, we are happy to provide our consulting services to give you a swift, insider viewpoint on all of the tax, corporate banking and regulatory considerations that can open the door for explosive growth from day one.
As a gateway to established markets in the Middle East, Asia and Africa as well as emerging markets in Pakistan, India and Northeast Africa, Dubai is also a gateway to potential for investors and entrepreneurs. Venture capitalists are all looking to identify and back the next big thing; investors are focused on the future and are poised and ready to invest in innovation, ingenuity and potential.
If you’re looking to bring your new business start-up to Dubai, here are some of the best sectors in the region:
Travel & Tourism
City of the Future
But Dubai isn’t just about business; living in Dubai can prove to be a truly incomparable experience. Fuelled by tourists and affluent locals, a booming service sector is growing at an impressive rate. Trade and tourism now account for 28% of the UAE’s GDP with new hotels, restaurants and attractions set to profit from Dubai’s bright and confident future. For those wishing to join the fray, Europe Emirates Group’s network of dedicated new business specialists are on hand to help start-ups and incoming entrepreneurs make the right connections quickly.
Tomorrow Starts Today
Even though they operate across a wide variety of sectors, all entrepreneurs share one thing - a visionary outlook and a profound belief in the possibilities of tomorrow in Dubai.
With the help, advice and connections offered by Europe Emirates Group, those possibilities are ready today.
CEO, Europe Emirates Group