Blog

April 2020

Unique Business Ideas in Dubai: Wacky Ways to Make Money!

Dubai is without a doubt a city that is filled with opportunities. It is the land of prosperity and affluence, which welcomes visitors from all corners of the world with open arms. For over a decade now investors both foreign and local have been visiting Dubai with hopes to make their dreams into a reality. From a thriving economy to a diverse population, from a culture that is amiable for foreigners to relaxed business setup rules, Dubai has something for everybody. Dubai [...]

UAE’S Next Artificial Intelligence leap – First Retail Robot

In recent times the UAE has evolved into one of the few countries of the world that are making giant leaps in the field of artificial intelligence. The global market value for the AI sector is currently estimated to be 15.7 billion US dollars by 2030. In the Middle East, the AI sector’s impact on the region’s economy is expected to reach a whopping 230 billion US dollars by 2030! In light of its time-honored tradition, the government of the UAE [...]

Setting up Your Business in Line with The New UAE Economic Substance Rules

Whether you are setting up as a Free Zone or an Offshore business in Dubai or anywhere else in the UAE, it needs to comply with the new Economic Substance Rules issued by the UAE government. The new rules came into effect on 30 April 2019 and it mandates that all in-scope UAE entities operating within its boundaries must meet the newly-defined requirements. The companies that do not follow these rules would be putting themselves at the risk of facing fines, [...]

What to Look for Before Forming a Service-Based Business in Fujairah

Starting a service-oriented business in Fujairah is one of the best business ideas that an entrepreneur can implement successfully. With state-of-the-art infrastructure, easily accessible seaports, and airports, your service-based venture is guaranteed to flourish. A commercial enterprise that provides work performed by an expert or a team of experts is essentially what a service-oriented business. The typical service business offers intangible products such as accounting, banking, consulting, landscaping, education, insurance, entertainment, and transportation services. That means that as a service business [...]

Start A Digital Marketing Agency in Dubai in 2020

Digital marketing spending is supposed to amount to $375 billion by 2021 worldwide! In the UAE the same pattern of absolutely phenomenal growth in the digital marketing sector can be observed. The annual growth rate is anywhere between 25% and 40%. Such significant growth displays the investment potential of the sector to those who have the skills and it also spells out great news for all the entrepreneurs and business owners who are looking to break into this rapidly-growing and [...]

UAE Maintains 12th Rank for Digital Ground

In recent times the speed with which the technology has been evolving has changed the entire work culture. Businesses in every domain imaginable are choosing to digitize their day-to-day business activities so that they can effectively compete in this cut-throat world of entrepreneurship. Because of this, today, almost all the countries of the world have been taking numerous initiatives to promote digitalization in the business world. As it is always the case, The United Arab Emirates is always ahead of the [...]

March 2020

Dubai Residents & Businesses to Get Relief from Banks Amid CoronaVirus Outbreak

Dubai’s ruler Sheikh Mohammed Bin Rashid Al Maktoum recently asked the local banks, especially Dubai-based ones to offer relief to businesses in Dubai, including giving them refinancing, deferrals , repayment referrals and lower repayments where required. These measures are part of the plan devised by the Dubai government to counter the devastating impact of the CoronaVirus on the Dubai Economy. Efforts should focus attention on key industries contributing to the UAE’S economy and are the ones that are bearing the brunt [...]

Setting up a Gold Trade Business in Dubai

Fantastic architecture, state-of-the-art infrastructure, modern lifestyle, and lax trade policies make Dubai company formation a lucrative option for both foreign and local investors. The diverse and stable economy of the UAE draws many entrepreneurs from all over the world to explore the plethora of business opportunities it presents. On that note, let us discuss one of the most profitable business setup in Dubai: Gold and diamond trading. The Gold and Diamond Industry of the UAE are one of the most prolific [...]

Dubai Government Announced a Stimulus Package to Aid the Economy

The world’s economy is facing severe setbacks due to the challenging times the world is going through because of the outbreak of COVID-19 or CoronaVirus. Businesses, investments and the daily life of unsuspecting individuals continue to be greatly affected by it. In these troubling times the Dubai Government ought to be lauded for their swift planning and introduction of such measures in the form of a billion dollar stimulus package that will safeguard the investment and interests of Dubai’s ailing [...]

How to Start a Daycare Business in Dubai?

The UAE economy for the past several decades has been experiencing a massive uplift. This boom in the UAE’s economy is due to the visionary leadership that crafted enticing policies that lured foreign investors to invest in the region. 100% percent foreign ownership, minimal taxation, and top-of-the-line infrastructure are some of the incentives that have led to a massive influx of budding entrepreneurs wishing to set up a business in Dubai. This industrialization of the UAE is dubbed by the experts [...]

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