Dubai is amongst the leading destinations for business people and investors in the whole of the Middle East. The state of the art infrastructures & government policies encourage the growth of giant corporations, as well as small businesses. Business openings in Dubai are not just accessible to the citizens of the United Arab Emirates, but international investors as well. Foreign investors are wooed into Dubai because the presence of global businesses is a significant boost to the economy of Dubai.

This blog comprises the aspect of various lucrative business opportunities in Dubai for this year. Are you intrigued about beginning a business in the emirate? If so, this article is just the answer you are looking for.

Retail

Dubai is known for its bazaars, or ‘souks’, particularly those of jewellery. Amidst more than 70 shopping malls, the emirate is known as the shopping capital of the Middle East. Furthermore, there is an evergreen outlook for merchants and marketplace establishments in the city.

This industry has been rising at a blazing speed with each passing year due to constituents like the robust economy, rise in population, improved standard of living and constant influx of foreign visitants. Hence, setting up a storefront, warehousing facility or sales office can be quite profitable in a country like Dubai.

Construction

Construction of skyscrapers and high-rise buildings in Dubai is not slowing down any time soon. Modern buildings with contemporary designs and structures are built in Dubai with every passing day. A massive door of opportunities is wide open for construction firms, architects, engineers, real estate developers and several other experts in this division.

The population of Dubai is increasing rapidly and is anticipated to multiply as expats are just flowing into the city, looking for openings to make their lives more enjoyable. So an investor can set up a real estate development firm or a building business, or they can sell the materials used in construction.

E-Commerce

This division has seen a swift boost in current years. Although the e-commerce sector in the area is not as advanced as in the US, Europe, or China, what is impressive is that several shoppers can be targeted. Dubai has a diverse taste and diverse population due to which an industry like e-commerce will endure for the long run.

Import & export

As you may be aware, land in Dubai is very challenging for agriculture. Most of the food items are exported from different nations to Dubai. As India is no. 2 in the whole world in terms of rice production and rice is the staple food of Dubai; one can efficiently utilize these benefits and secure immense wealth from this business.

Aside from food products, there are some notable options that one can opt for like clothing garments, iron and steel, gold ( jewellery), ships, boat structures, etc.

Dining

Excellent purchasing power and a significant disposable income make it accessible for people in the UAE to dine out regularly. A café or a small scale restaurant targeted to a distinct or a combination of various cuisines can demonstrate to be a great return on investment. Mobile food trucks have also been noticed to gain demand in the UAE, particularly in the Dubai region.

Tourism

Dubai is amongst the best tourism destinations for world citizens. It has succeeded to grow year on year alluring people from across the globe, providing a multitude of appealing elements such as shopping malls, beaches, luxury & boutique hotels, residential properties and cultural attractions such as Old Dubai and Global Village. It is the only nation in the world that draws more tourists than its population.

We realise that today’s business landscape has made access to foreign markets more comfortable than ever before. The most prefered geographical boundaries have triggered international businesses to look at potential growth driving markets like the UAE and Dubai to increase their competitive edge.

However, being a part of the UAE is not that easy, so we are here to assist you. EBS is a one-stop business solution that aids in setting up a new business or company, and related documentation in UAE. With the years of market knowledge and experience working with clients across many diverse sectors, our qualified and experienced team can help with everything you need to get your business set up and running in the most efficient manner possible.

We have 3 different types of bundle offers for company formation service that makes EBS an actual one-stop shop for all your business requirements. EBS team will always be available for you to help with every aspect of your business through a range of in-house services and third-party relationships. To know more about our services, visit us at https://www.ebsae.com/.