Huge numbers of business opportunities in Dubai are available for you to join. Among those incredible opportunities, which businesses are the most recommended ones? Can your company enter one of the promising markets? What can you do to grow in one of the Dubai markets?
Numerous Business Opportunities in Dubai to Enter
According to Lucidity Insights, at least there are eleven biggest opportunities opened in Dubai you need to know. However, only some of those opportunities you are about to see. If your business works in the same field as one of the opportunities, you surely want to grab it immediately.
Dubai received a market share that is significant in advertising dollars for more than the last couple of years. The report shows that in 2019, the MENA region’s global advertising reached 579 billion USD the previous year.
An area that saw a big investment was digital advertising which accounted for more than 50 billion USD of advertising. If you want to establish an advertising agency somewhere in Dubai, you will need brand development, like the presence of strong social media and setting up in that area.
- Web development and information technology
Dubai has formalized its goal to be one of many smart cities that embraces the future and technology. This country has been listed as one of the top smart cities in the region of MENA. In addition, the region has become the mecca of many businesses that are based in tech.
Dubai is also the home of over 1,200 startups in the technology sector. Opportunities are opened for many web development and IT innovations, including online security and marketing. Almost every sector is offering these businesses opportunities.
- Service of business consultancy
One of many promising opportunities Dubai offers is business consultancy services. If you are one of the experts in global expansion, your business can help some other businesses in this area since numerous entrepreneurs and startups are flooding that area.
However, you must ensure that your company gains the necessary licenses before starting operations in the region.
- Financial services
With numerous business opportunities in Dubai, financial services are in high demand, including in the bookkeeping, auditing, and accounting sectors. If you have lots of knowledge in this sector, you may want to be a part of this market share.
You can target small startups and businesses to avoid competition with some big accounting firms that work on an international level.
Can you find the sector that suits your business among the four opportunities above? Don’t hesitate to expand your business to the Dubai market, where many startups start developing. Find a trusted consultant to lead your company to success in Dubai.