Best Industries for You to Start Own Business in Dubai
Dubai is fast becoming the world’s most successful economy. 75% of its population comprises of expatriates from various corners of the world which makes it an Industrialist’s dream. If you are a fairly new entrepreneur looking to start your own business in Dubai, the processes that are seemingly simple might overwhelm you in the beginning.
Business Link UAE guides the clients in setting up any type of business in the industry they have chosen. All the procedures will be explained in detail and assistance will be given in each and every step of this journey towards setting up a successful company in any emirates of UAE. The economy of the country is expected to further step by 3.8% in the coming year along with the forthcoming Dubai Expo2020 solidifying the market.
Here are six industries that are on the upward curve on the economic growth forecast; in UAE:
1. Dubai Healthcare and Pharma Businesses
People across the globe are getting conscious about their health and this has propelled the healthcare and pharma sector to cross trillions in investments world over. Dubai has seen a solid increase in the pharmaceutical industries engagement in the country is expecting over 250 billion dollars’ worth of investment in the sector over the coming five years. From diet foods to policlinics to medical equipment this is a broad industry where you can choose to provide services, import/export, trade regionally or manufacture to establish your business in Dubai.
2. Food and Beverage Sector Startup in Dubai
If you inspect the reports of the last five years alone, you will find an increase of 10% in the GCC F& B market which is a remarkable feat. This industry includes every little and major trades related to food like open Dubai restaurant and hotels, catering, manufacturing and catering foodstuffs, dairy, meat and fish segment, vegetables and fruits, drinks and beverages and equipment required in the field.
3. Machinery, Appliances and Gadgets Business in UAE
Dubai is one of the most techno-savvy countries in the world. Electric machinery production takes up a big chunk of the manufacturing industry in Dubai which is also due to the booming construction scene in the country. From mini gadgets to household appliances to huge industrial machinery, this sector presents unparalleled opportunities to the investor in UAE.
Business Ideas for Small Investors in Dubai, UAE
1. Transport Services
Dubai has a strong public transport sector but this is not the end of opportunities in this sector. In fact, the ever-increasing influx of expats demands more diverse transport routes and services than ever. Overbooked taxis and jam-packed train and bus services leave a huge scope for innovative transport and car-pool services in the country.
2. Precious and Semi-Precious Jewellery
Dubai is very popular for its gold and diamond which can be seen from its buzzing gold ‘Souqs’ across the country. There are diverse avenues for setting up a business in this sector including manufacturing merchandise and start trading business in Dubai.
3. Daycare and Babysitting Facilities
Daycare, Play schools and nurseries are a good project to invest in a country of expats like Dubai. Parents are always looking for a good, safe place to leave their kids while they are working and every locality and community demands at least one such facility.
If you are a fairly new entrepreneur looking to start your own business in Dubai, the processes that are seemingly simple might overwhelm you in the beginning Expert company formation consultants at Business Link guide the clients in setting up any type of business in the industry in Dubai and any other UAE Emirates they have chosen. With our excellent PRO services in UAE, All the procedures will be explained in detail and assistance will be given in each and every step of this journey towards setting up a successful company.