- By: GABC
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Dubai has become one of the most sought-after places for doing business. With tax-friendly policies, top quality social and economic infrastructure and a central location, it comes as no surprise that so many entrepreneurs have chosen to set up their business in Dubai.
If you’re an aspiring entrepreneur who wants to start your own business in Dubai, here is a round-up of the top 5 emerging business opportunities in Dubai for 2020.
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Whether you are moving to Dubai to set up a business or simply looking for better job prospects, it is helpful to have a good idea of what the cost of living in Dubai is before you move here.
Although living costs in Dubai have risen substantially in the past decade, it still costs far less to live in Dubai compared to living in some of the world’s major expat hubs. In fact, Dubai ranked #21 in the Cost of Living index in 2019 — making it much cheaper than cities like Hong Kong, London, New York and Singapore, which have significant expat populations.
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The future of e-commerce is bright in the UAE. Worldwide, online shopping revenues are expected almost double to US$6.54 trillion from 2019 to 2022, and within the rapidly-growing Middle East and North African (MENA) region, the UAE boasts one of the largest B2C e-commerce markets. Thanks to its over 9.5 million internet users and a 96.4% internet penetration rate, the UAE e-commerce market is expected to maintain double-digit growth through to 2022.
If you are looking to explore opening an e-commerce business in the UAE, here are some key facts you need to know about its e-commerce market.
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If you're looking to relocate, Dubai can offer a sense of familiarity and comfort. Much like Hong Kong, the Emirate initially started out as a small fishing settlement and has rapidly expanded, in the past decade, into one of the world’s leading destinations for both individuals and families.
Boasting similar living and working benefits as Hong Kong, these two cities can almost be considered twins! But in what ways are they similar and different? And could Dubai be your next home?
- By: GABC
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As the most populated city in the United Arab Emirates (UAE), Dubai has now also become one of the fastest-growing metropolitan areas in the world. Dubai’s image is shifting rapidly from just a tourist destination to a major international financial and trading hub.
After 50 years of economic growth, the city has now entered into its post-oil era, which means its continued growth relies on developing and growing other industries. In response, the Dubai government is now focused on transforming the city into a knowledge-based, innovation-focused economy – especially when it comes to the healthcare industry.