Dubai is the business hub of the whole Middle East and one of the rapidly rising economies. Dubai's financial strength and efficient government policy rely on the flourishing small businesses in the city. A large amount of revenue comes from the oil industry. However, the city is expanding to further sectors such as travel and tourism, aviation, real estate, financial services, and infrastructure projects.
Five Constructive Reasons to Invest in Dubai:
Foreign business investments offer a crucial increase in the economy. Being a Business Hub, Dubai has accentuated many stakeholders and business merchants because of its technologically advanced economy and backup provided by the government to launch small enterprises or industries. Not only the people of Dubai but also outsiders can invest their money in these business prospects.
Shopping Arena-Dubai is acknowledged as the "shopping centre of the UAE". Many guests are fascinated with high-rise shopping malls in Dubai since they can purchase their essentials at a highly reasonable price. You can spot the largest shopping malls in the World.
The government of UAE assist and supports the formation of businesses. Hence, commencing business in Dubai is a straightforward and profitable job. The government also promotes investors and offers incentives for launching a new business.
The business rules in Dubai support investors and offer them a duty-free environment. Read out about some prominent business activities outperforming in the vicinity of Dubai:
1. Travel and Tourism
Tourism is the most flourishing sector increasing the economy of Dubai. Being the shopping capital, Dubaifascinates a large number of visitors. Dubai has numerous tourist attractions and ultra-modern hotels that accommodate up to 50 million tourists annually. Dubai is the central hub for the import and export of flowers. There are countless flower shops in the city that entice tourists from all over the Globe.
2. Infrastructure and Construction
Dubai has lately established massive construction projects. The city is acknowledged for its high-rise buildings and multistory towers. Burj Khalifa, the World's highest building, is located in Dubai. The property bazaar is enormously growing, and real estate has become one of the significant sectors in Dubai. After the Oil and Gas industry, Dubai is recognised for its multistory towers. Continually, new structures and buildings are being established. This has intensified the development of new opportunities for expert builders and engineers investing in the construction sector.
3. Energy sector
Once Dubai was recognised as the core Energy sector. The competition in the energy sector is enormous, yet the prospect for investment is there to uphold the numerous generations' facilities for energy.
4. Dubai Flower Centre
The flower centre in Dubai caters to more than 450 flower shops in Dubai. The flower shops are spread in the vicinity of 1lakh m2 and offer 1.5 lakh tons of flowers yearly. Online flower delivery services are accessible in the city, providing quick delivery of flowers at any given time to any destination. The DFC offers various products like cut flowers, fruits, plants, vegetables and foliage. Qualified professionals are employed who are in charge of importing and exporting activities.
5. Jewellery Making and Retailing
Dubai is also named the "City of Gold". This city has numerous setups for jewellery merchants and designers. Investment opportunities are always there for jewellery designing as the city accentuates famous ironic gold buyers.
About the Author
Alex Aron is a traveller, entrepreneur, photographer and blogger. Alex loves his camera & coffee and writes mostly about business, finance and self-improvement. He is keen on finding the best business opportunities in Dubai & companies that are helping business owners set up & start a business, such as UAE Consultants.
