Uploaded on May 9, 2022
Dubai has emerged as one of the most desirable locations for conducting business. It is a thriving international hub with tax-friendly policies and excellent social and economic infrastructure. It's no surprise that so many entrepreneurs have established themselves in Dubai South, Dubai.
Dubai's Top 5 Business Opportunities in 2022
Dubai's Top 5 Business Opportunities in 2022 Dubai has emerged as one of the most desirable locations for conducting business. It is a thriving international hub with tax- friendly policies and excellent social and economic infrastructure. It's no surprise that so many entrepreneurs have established themselves in Dubai. If you're an aspiring entrepreneur looking to launch your own company in Dubai, here's a list of the top 5 emerging business opportunities in Dubai for 2022. 2 What Are the Top 5 Industries in Dubai for New Businesses? 3 1. Importing and Exporting The import and export business is extremely profitable in Dubai and, of course, ranks first on our list. Given Dubai's global central location and economic diversity, establishing an international trading business in Dubai can be rewarding in terms of expansion and profitability. Setting up a business in a free zone, such as Dubai South, can help your company succeed by giving you access to advanced logistics and transportation infrastructure. Learn more about the Future of Trade in our 2021 report, which highlights growth, trends, and what to expect in the coming years. 4 2. Medical care While COVID-19 presented numerous challenges, it also revealed new opportunities in Dubai's health-tech sector. By 2025, the UAE healthcare sector is expected to generate AED 39.4 billion. 'Pharmaceuticals and Medical Equipment is one of the city's six priority sub-sectors, according to the Dubai Industrial Strategy 2030. When considering entering the Dubai market, healthcare investors should consider three major areas: Health-Tech Innovation - A significant portion of the Dubai Health Strategy 2021 is devoted to innovation, with an emphasis on cutting-edge technology and automation. 5 While the COVID-19 travel bans hampered growth in the medical tourism sector, the UAE has recovered, with medical tourism revenues expected to reach AED 19.5 billion by 2023. Growing Local Demand - As the population grows, local investors are expected to assist healthcare providers in expanding in Dubai over the next six years. Dubai's healthcare industry is expanding and represents an exciting prospect for new business ideas in 2022. 6 3. Real Estate Dubai is known as one of the top expat hubs in the world, with foreigners constituting 70% of the population. According to Forward Keys, Dubai is the top tourist destination in the world, with 4.88 million visitors last year, making the real estate market in Dubai extremely lucrative. Dubai's real estate market offers a diverse range of opportunities, including property development, property management, and brokerage. 7 4. Information & Communication Technology As the Dubai government continues to roll out policies and initiatives to drive tech innovation and attract tech entrepreneurs in order to become the world's smartest city by 2022, the city has become a magnet for international tech-based businesses. 8 5. Transportation and Logistics Dubai's geographical location makes it an important global trade and logistics hub, connecting Africa, India, Asia Pacific, China, and the Middle East to the rest of the world. It is a major player in international trade due to its proximity to key markets and investment in the world's busiest airports and seaports. Dubai South's Logistics District, presenting the pinnacle of logistical innovation within a world-class infrastructure network, enables efficient services, speed, and operations, as well as continuous access to Jebel Ali Port and Al Maktoum International Airport (DWC). 9 Last Thoughts Contact us at Dubai South to begin the process of establishing your business in the world's leading free trade zone and global commodities trading centre. We'll help you every step of the way, from drafting documents, managing submissions, and assisting with translations to opening bank accounts, obtaining approval, and providing consulting services. Contact us today to see how we can assist you! Source: https://dubaisouthuae.blogspot.com/2022/05/dubais -top-5-business-opportunities-in.html 10 Contact Us Address: Dubai South Headquarters: P.O. Box 282228, Dubai South, UAE Contacts: Within UAE (toll free): 800-SOUTH / 800-76884 International: +971-800-76884 Email: [email protected] https://www.dubaisouth.ae/
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